New York State Teachers Retirement System Has $11.36 Million Stake in Universal Health Services, Inc. (NYSE:UHS)

New York State Teachers Retirement System trimmed its holdings in Universal Health Services, Inc. (NYSE:UHS - Free Report) by 4.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 60,463 shares of the health services provider's stock after selling 2,518 shares during the period. New York State Teachers Retirement System owned 0.09% of Universal Health Services worth $11,361,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Norges Bank bought a new stake in shares of Universal Health Services during the 4th quarter valued at $67,964,000. Invesco Ltd. raised its stake in Universal Health Services by 25.6% in 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 in the last quarter. Amundi raised its stake in Universal Health Services by 189.5% in the fourth quarter. Amundi now owns 360,070 shares of the health services provider's stock valued at $68,532,000 after purchasing an additional 235,689 shares in the last quarter. Freestone Grove Partners LP bought a new stake in Universal Health Services during the fourth quarter worth about $41,155,000. Finally, AQR Capital Management LLC grew its stake in Universal Health Services by 59.4% during the fourth quarter. AQR Capital Management LLC now owns 590,389 shares of the health services provider's stock worth $105,928,000 after buying an additional 219,942 shares in the last quarter. 86.05% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Universal Health Services

In other Universal Health Services news, Director Maria Ruderman Singer sold 1,097 shares of the stock in a transaction that occurred on Wednesday, May 14th. The shares were sold at an average price of $191.48, for a total transaction of $210,053.56. Following the completion of the sale, the director 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 16.40% of the stock is currently owned by corporate insiders.

Universal Health Services Trading Up 6.0%

NYSE UHS traded up $11.12 on Friday, hitting $195.59. The company's stock had a trading volume of 665,323 shares, compared to its average volume of 789,189. The company's 50-day moving average is $182.67 and its 200 day moving average is $181.37. The firm has a market cap of $12.71 billion, a PE ratio of 10.98, a PEG ratio of 0.75 and a beta of 1.28. Universal Health Services, Inc. has a 1-year low of $153.99 and a 1-year high of $243.25. 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 announced its earnings results 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 business had revenue of $4.10 billion during the quarter, compared to analyst estimates of $4.16 billion. Universal Health Services had a return on equity of 17.79% and a net margin of 7.44%. Universal Health Services's revenue for the quarter was up 6.7% compared to the same quarter last year. During the same period last year, the company earned $3.70 EPS. As a group, 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 disclosed 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. The ex-dividend date was Monday, June 2nd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.41%. Universal Health Services's dividend payout ratio (DPR) is 4.49%.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on UHS. Baird R W downgraded shares of Universal Health Services from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 15th. Stephens raised Universal Health Services to a "hold" rating in a report on Monday, June 2nd. Guggenheim began coverage on Universal Health Services in a research note on Wednesday, April 9th. They issued a "buy" rating and a $208.00 price target on the stock. Robert W. Baird reaffirmed 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. Finally, Wells Fargo & Company decreased 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. Nine equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $224.77.

Universal Health Services Company 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.