Universal Health Services, Inc. (NYSE:UHS) Shares Purchased by Moran Wealth Management LLC

Moran Wealth Management LLC raised its holdings in shares of Universal Health Services, Inc. (NYSE:UHS - Free Report) by 64.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 51,994 shares of the health services provider's stock after purchasing an additional 20,370 shares during the period. Moran Wealth Management LLC owned about 0.08% of Universal Health Services worth $9,770,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. First Eagle Investment Management LLC grew its position in shares of Universal Health Services by 1.0% during the 4th 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 buying an additional 44,099 shares during the last quarter. Geode Capital Management LLC boosted its stake 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 acquiring an additional 52,042 shares during the period. Invesco Ltd. grew its holdings in shares of 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 purchasing an additional 253,385 shares during the last quarter. American Century Companies Inc. raised its position in shares of Universal Health Services by 4.7% during the 4th quarter. American Century Companies Inc. now owns 624,143 shares of the health services provider's stock worth $111,984,000 after purchasing an additional 27,903 shares during the period. Finally, Northern Trust Corp raised its position in shares of Universal Health Services by 7.6% during the 4th quarter. Northern Trust Corp now owns 596,280 shares of the health services provider's stock worth $106,985,000 after purchasing an additional 42,088 shares during the period. 86.05% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts recently issued reports on UHS shares. Morgan Stanley began coverage on Universal Health Services in a research note on Wednesday, March 26th. They set an "equal weight" rating and a $200.00 price objective for the company. Robert W. Baird reissued a "neutral" rating and set a $224.00 price target (down previously from $274.00) on shares of Universal Health Services in a report on Tuesday, April 15th. Royal Bank Of Canada dropped their price objective on shares of Universal Health Services from $211.00 to $201.00 and set a "sector perform" rating on the stock in a report on Wednesday, April 30th. Stephens raised shares of Universal Health Services to a "hold" rating in a research note on Monday, June 2nd. Finally, Wells Fargo & Company dropped their price target on shares of Universal Health Services from $230.00 to $225.00 and set an "overweight" rating on the stock in a research note 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, the company has a consensus rating of "Hold" and an average price target of $224.77.

Universal Health Services Price Performance

NYSE:UHS opened at $175.44 on Wednesday. The company has a quick ratio of 1.23, a current ratio of 1.32 and a debt-to-equity ratio of 0.67. The business's 50-day moving average price is $180.66 and its 200 day moving average price is $181.60. Universal Health Services, Inc. has a 52-week low of $153.99 and a 52-week high of $243.25. The firm has a market cap of $11.40 billion, a P/E ratio of 9.85, a PEG ratio of 0.71 and a beta of 1.31.

Universal Health Services (NYSE:UHS - Get Free Report) last posted its quarterly earnings data on Monday, April 28th. The health services provider reported $4.84 earnings per share for the quarter, beating the consensus estimate of $4.36 by $0.48. Universal Health Services had a net margin of 7.44% and a return on equity of 17.79%. The company had revenue of $4.10 billion during the quarter, compared to analyst estimates of $4.16 billion. During the same quarter last year, the firm posted $3.70 EPS. The business's revenue for the quarter was up 6.7% on a year-over-year basis. As a group, sell-side analysts predict that Universal Health Services, Inc. will post 15.92 earnings per share for the current fiscal year.

Universal Health Services Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 16th. Shareholders of record on Monday, June 2nd were issued a $0.20 dividend. The ex-dividend date of this dividend was Monday, June 2nd. This represents a $0.80 annualized dividend and a dividend yield of 0.46%. Universal Health Services's dividend payout ratio is currently 4.49%.

Insider Activity

In other Universal Health Services news, Director Maria Ruderman Singer sold 1,097 shares of the business'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 sale, the director now owns 7,884 shares in the company, valued at approximately $1,509,628.32. The trade was a 12.21% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 16.40% of the company's stock.

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.

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