Sivik Global Healthcare LLC Has $6.11 Million Stake in Universal Health Services, Inc. (NYSE:UHS)

Sivik Global Healthcare LLC trimmed its stake in Universal Health Services, Inc. (NYSE:UHS - Free Report) by 13.3% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 32,500 shares of the health services provider's stock after selling 5,000 shares during the quarter. Universal Health Services comprises 3.3% of Sivik Global Healthcare LLC's portfolio, making the stock its 14th largest position. Sivik Global Healthcare LLC's holdings in Universal Health Services were worth $6,107,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of UHS. First Eagle Investment Management LLC boosted its holdings in Universal Health Services by 1.0% in the fourth quarter. First Eagle Investment Management LLC now owns 4,675,182 shares of the health services provider's stock valued at $838,821,000 after acquiring an additional 44,099 shares during the last quarter. Geode Capital Management LLC raised its holdings in Universal Health Services by 3.1% in the fourth quarter. Geode Capital Management LLC now owns 1,713,572 shares of the health services provider's stock valued at $306,776,000 after buying an additional 52,042 shares during the period. Invesco Ltd. lifted its position in Universal Health Services by 25.6% during the fourth quarter. Invesco Ltd. now owns 1,241,340 shares of the health services provider's stock valued at $222,721,000 after buying an additional 253,385 shares in the last quarter. American Century Companies Inc. grew its stake in Universal Health Services by 4.7% during the fourth quarter. American Century Companies Inc. now owns 624,143 shares of the health services provider's stock worth $111,984,000 after buying an additional 27,903 shares during the period. Finally, Northern Trust Corp raised its stake in shares of Universal Health Services by 7.6% in the 4th quarter. Northern Trust Corp now owns 596,280 shares of the health services provider's stock valued at $106,985,000 after acquiring an additional 42,088 shares during the period. Hedge funds and other institutional investors own 86.05% of the company's stock.

Analyst Ratings Changes

A number of research firms have weighed in on UHS. Robert W. Baird restated a "neutral" rating and issued a $224.00 price target (down previously from $274.00) on shares of Universal Health Services in a report on Tuesday, April 15th. Wells Fargo & Company dropped their target price on Universal Health Services from $230.00 to $225.00 and set an "overweight" rating on the stock in a research report on Monday, March 10th. Barclays lifted their price objective on Universal Health Services from $249.00 to $257.00 and gave the stock an "overweight" rating in a report on Tuesday, April 29th. Baird R W cut Universal Health Services from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 15th. Finally, Royal Bank Of Canada dropped their price target on shares of Universal Health Services from $211.00 to $201.00 and set a "sector perform" rating for the company in a research note on Wednesday, April 30th. Nine analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $224.77.

Insider Activity

In other Universal Health Services news, Director Maria Ruderman Singer sold 1,097 shares of the firm's stock in a transaction dated Wednesday, May 14th. The stock was sold at an average price of $191.48, for a total transaction of $210,053.56. Following the completion of the sale, the director now directly owns 7,884 shares in the company, valued at approximately $1,509,628.32. This trade represents a 12.21% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 16.40% of the stock is currently owned by company insiders.

Universal Health Services Price Performance

Shares of NYSE UHS traded up $1.92 during mid-day trading on Tuesday, reaching $175.44. 934,483 shares of the company traded hands, compared to its average volume of 778,940. The firm has a market cap of $11.40 billion, a PE ratio of 9.85, a price-to-earnings-growth ratio of 0.71 and a beta of 1.31. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.32 and a quick ratio of 1.23. Universal Health Services, Inc. has a fifty-two week low of $153.99 and a fifty-two week high of $243.25. The stock has a fifty day simple moving average of $180.65 and a 200-day simple moving average of $181.64.

Universal Health Services (NYSE:UHS - Get Free Report) last announced its quarterly earnings data on Monday, April 28th. The health services provider reported $4.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.36 by $0.48. The company had revenue of $4.10 billion for the quarter, compared to analysts' expectations of $4.16 billion. Universal Health Services had a net margin of 7.44% and a return on equity of 17.79%. The business's revenue was up 6.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.70 EPS. Equities research analysts anticipate that Universal Health Services, Inc. will post 15.92 EPS for the current fiscal year.

Universal Health Services Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 16th. Stockholders of record on Monday, June 2nd were given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.46%. The ex-dividend date was Monday, June 2nd. Universal Health Services's dividend payout ratio (DPR) is presently 4.49%.

About Universal Health Services

Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities. It operates through Acute Care Hospital Services and Behavioral Health Care Services segments. The company's hospitals offer general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic and coronary care, pediatric services, pharmacy services, and/or behavioral health services.