Universal Health Services, Inc. (NYSE:UHS) Shares Sold by Toronto Dominion Bank

Toronto Dominion Bank reduced its position in shares of Universal Health Services, Inc. (NYSE:UHS - Free Report) by 26.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 21,499 shares of the health services provider's stock after selling 7,914 shares during the period. Toronto Dominion Bank's holdings in Universal Health Services were worth $3,857,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of UHS. D. E. Shaw & Co. Inc. boosted its holdings in Universal Health Services by 99.2% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 12,450 shares of the health services provider's stock valued at $2,234,000 after acquiring an additional 6,200 shares during the period. Allspring Global Investments Holdings LLC increased its stake in Universal Health Services by 22.5% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 54,105 shares of the health services provider's stock worth $9,721,000 after purchasing an additional 9,946 shares during the period. Savant Capital LLC lifted its position in shares of Universal Health Services by 255.3% during the fourth quarter. Savant Capital LLC now owns 6,345 shares of the health services provider's stock worth $1,138,000 after purchasing an additional 4,559 shares in the last quarter. Abacus Planning Group Inc. boosted its stake in shares of Universal Health Services by 175.6% in the fourth quarter. Abacus Planning Group Inc. now owns 2,792 shares of the health services provider's stock valued at $501,000 after purchasing an additional 1,779 shares during the period. Finally, JPMorgan Chase & Co. grew its holdings in shares of Universal Health Services by 0.9% in the third quarter. JPMorgan Chase & Co. now owns 1,197,537 shares of the health services provider's stock valued at $274,248,000 after purchasing an additional 10,578 shares in the last quarter. 86.05% of the stock is owned by institutional investors and hedge funds.

Universal Health Services Stock Down 1.6%

Shares of NYSE UHS traded down $3.12 during mid-day trading on Monday, reaching $187.23. The company had a trading volume of 707,836 shares, compared to its average volume of 753,500. The firm has a 50 day simple moving average of $181.86 and a two-hundred day simple moving average of $184.12. Universal Health Services, Inc. has a 52-week low of $153.99 and a 52-week high of $243.25. The company has a current ratio of 1.39, a quick ratio of 1.28 and a debt-to-equity ratio of 0.69. The stock has a market cap of $12.17 billion, a P/E ratio of 12.45, a PEG ratio of 0.53 and a beta of 1.29.

Universal Health Services (NYSE:UHS - Get Free Report) last issued 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. Universal Health Services had a return on equity of 15.75% and a net margin of 6.66%. The company had revenue of $4.10 billion for the quarter, compared to analyst estimates of $4.16 billion. During the same quarter last year, the company posted $3.70 earnings per share. The business's quarterly revenue was up 6.7% compared to the same quarter last year. Sell-side analysts predict that Universal Health Services, Inc. will post 15.92 earnings per share for the current year.

Universal Health Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 16th. Shareholders of record on Monday, June 2nd will be paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 0.43%. The ex-dividend date is Monday, June 2nd. Universal Health Services's dividend payout ratio is currently 4.49%.

Wall Street Analyst Weigh In

UHS has been the topic of a number of research reports. Guggenheim assumed coverage on shares of Universal Health Services in a report on Wednesday, April 9th. They set a "buy" rating and a $208.00 target price on the stock. Robert W. Baird reiterated a "neutral" rating and issued a $224.00 price objective (down from $274.00) on shares of Universal Health Services in a research note on Tuesday, April 15th. Barclays upped their price target on Universal Health Services from $249.00 to $257.00 and gave the stock an "overweight" rating in a report on Tuesday, April 29th. Royal Bank of Canada reduced their price target on Universal Health Services from $211.00 to $201.00 and set a "sector perform" rating on the stock in a research report on Wednesday, April 30th. Finally, Wells Fargo & Company lowered their price objective on Universal Health Services from $230.00 to $225.00 and set an "overweight" rating for the company in a research report on Monday, March 10th. Nine equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $224.77.

Insider Buying and Selling at Universal Health Services

In other Universal Health Services news, Director Maria Ruderman Singer sold 1,000 shares of Universal Health Services stock in a transaction on Monday, March 10th. The shares were sold at an average price of $179.16, for a total value of $179,160.00. Following the transaction, the director now directly owns 7,916 shares in the company, valued at approximately $1,418,230.56. The trade was a 11.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 16.40% of the stock is owned by company insiders.

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.