Universal Health Services, Inc. (NYSE:UHS) Shares Sold by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC decreased its position in shares of Universal Health Services, Inc. (NYSE:UHS - Free Report) by 92.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,845 shares of the health services provider's stock after selling 50,260 shares during the period. Allspring Global Investments Holdings LLC's holdings in Universal Health Services were worth $722,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Sentry Investment Management LLC purchased a new position in Universal Health Services in the first quarter worth approximately $35,000. UMB Bank n.a. raised its stake in Universal Health Services by 49.3% in the first quarter. UMB Bank n.a. now owns 203 shares of the health services provider's stock valued at $38,000 after buying an additional 67 shares in the last quarter. Campbell Capital Management Inc. purchased a new stake in Universal Health Services during the 4th quarter worth about $46,000. Huntington National Bank boosted its position in shares of Universal Health Services by 55.6% during the 4th quarter. Huntington National Bank now owns 280 shares of the health services provider's stock worth $50,000 after acquiring an additional 100 shares in the last quarter. Finally, CX Institutional purchased a new position in shares of Universal Health Services in the 1st quarter valued at about $74,000. 86.05% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Universal Health Services

In related news, Director Maria Ruderman Singer sold 1,097 shares of the stock in a transaction dated 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 directly owned 7,884 shares of the company's stock, valued at approximately $1,509,628.32. This represents a 12.21% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 16.40% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Baird R W downgraded shares of Universal Health Services from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, April 15th. Stephens upgraded shares of Universal Health Services to a "hold" rating in a research note on Monday, June 2nd. Royal Bank Of Canada cut their target price 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. Barclays upped their target price on Universal Health Services from $249.00 to $257.00 and gave the company an "overweight" rating in a research report on Tuesday, April 29th. Finally, Robert W. Baird reissued a "neutral" rating and issued a $224.00 price objective (down from $274.00) on shares of Universal Health Services in a report on Tuesday, April 15th. Nine investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Universal Health Services presently has a consensus rating of "Hold" and a consensus target price of $224.77.

Universal Health Services Stock Up 0.2%

Shares of NYSE:UHS opened at $182.62 on Thursday. The company has a market cap of $11.87 billion, a price-to-earnings ratio of 10.25, a PEG ratio of 0.74 and a beta of 1.28. Universal Health Services, Inc. has a fifty-two week low of $153.99 and a fifty-two week high of $243.25. The firm's 50-day simple moving average is $183.62 and its 200-day simple moving average is $181.55. The company has a quick ratio of 1.23, a current ratio of 1.32 and a debt-to-equity ratio of 0.67.

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

Universal Health Services Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 16th. Investors of record on Monday, June 2nd were issued a dividend of $0.20 per share. The ex-dividend date was Monday, June 2nd. This represents a $0.80 annualized dividend and a yield of 0.44%. Universal Health Services's dividend payout ratio is presently 4.49%.

Universal Health Services Profile

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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