Worldquant Millennium Advisors LLC Buys 28,191 Shares of Universal Health Services, Inc. (NYSE:UHS)

Worldquant Millennium Advisors LLC lifted its stake in Universal Health Services, Inc. (NYSE:UHS - Free Report) by 13.2% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 242,570 shares of the health services provider's stock after purchasing an additional 28,191 shares during the quarter. Worldquant Millennium Advisors LLC owned 0.37% of Universal Health Services worth $43,522,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Norges Bank purchased a new stake in Universal Health Services in the 4th quarter worth about $67,964,000. Invesco Ltd. lifted its stake in Universal Health Services by 25.6% in the 4th quarter. Invesco Ltd. now owns 1,241,340 shares of the health services provider's stock worth $222,721,000 after acquiring an additional 253,385 shares in the last quarter. Amundi lifted its stake in Universal Health Services by 189.5% in the 4th quarter. Amundi now owns 360,070 shares of the health services provider's stock worth $68,532,000 after acquiring an additional 235,689 shares in the last quarter. Freestone Grove Partners LP purchased a new stake in Universal Health Services in the 4th quarter worth about $41,155,000. Finally, AQR Capital Management LLC lifted its stake in Universal Health Services by 59.4% in the 4th quarter. AQR Capital Management LLC now owns 590,389 shares of the health services provider's stock worth $105,928,000 after acquiring an additional 219,942 shares in the last quarter. Institutional investors and hedge funds own 86.05% of the company's stock.

Universal Health Services Stock Performance

Universal Health Services stock traded down $3.59 during trading hours on Thursday, reaching $186.56. 462,402 shares of the company were exchanged, compared to its average volume of 753,583. Universal Health Services, Inc. has a 12 month low of $153.99 and a 12 month 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 50-day moving average of $180.64 and a 200 day moving average of $185.12. The firm has a market cap of $12.13 billion, a price-to-earnings ratio of 12.40, 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 for the quarter, topping analysts' consensus estimates of $4.36 by $0.48. Universal Health Services had a net margin of 6.66% and a return on equity of 15.75%. The business had revenue of $4.10 billion during the quarter, compared to analysts' expectations of $4.16 billion. During the same period in the previous year, the company earned $3.70 earnings per share. Universal Health Services's revenue for the quarter was up 6.7% on a year-over-year basis. As a group, research analysts anticipate that Universal Health Services, Inc. will post 15.92 earnings per share for the current year.

Universal Health Services Dividend Announcement

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

Insider Transactions at Universal Health Services

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

Analyst Upgrades and Downgrades

UHS has been the subject of several research analyst reports. Baird R W downgraded Universal Health Services from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 15th. Guggenheim initiated coverage on Universal Health Services in a research note on Wednesday, April 9th. They issued a "buy" rating and a $208.00 price objective for the company. Stephens raised their price target on Universal Health Services from $210.00 to $223.00 and gave the stock an "equal weight" rating in a research note on Friday, February 28th. Robert W. Baird reaffirmed a "neutral" rating and set a $224.00 price target (down from $274.00) on shares of Universal Health Services in a research note on Tuesday, April 15th. Finally, Royal Bank of Canada dropped their price objective on 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. Nine investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $224.77.

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.