Nuveen Asset Management LLC Has $25.27 Million Position in Universal Health Services, Inc. (NYSE:UHS)

Nuveen Asset Management LLC decreased its stake in Universal Health Services, Inc. (NYSE:UHS - Free Report) by 1.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 140,813 shares of the health services provider's stock after selling 1,842 shares during the quarter. Nuveen Asset Management LLC owned approximately 0.21% of Universal Health Services worth $25,265,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Barclays PLC increased its holdings in Universal Health Services by 13.4% in the third quarter. Barclays PLC now owns 188,765 shares of the health services provider's stock worth $43,227,000 after buying an additional 22,369 shares during the last quarter. JPMorgan Chase & Co. grew its position in 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 worth $274,248,000 after acquiring an additional 10,578 shares in the last quarter. Park Avenue Securities LLC increased its stake in shares of Universal Health Services by 63.7% during the 4th quarter. Park Avenue Securities LLC now owns 2,884 shares of the health services provider's stock worth $517,000 after purchasing an additional 1,122 shares during the last quarter. HB Wealth Management LLC bought a new position in shares of Universal Health Services during the 4th quarter valued at $225,000. Finally, Janney Montgomery Scott LLC bought a new position in shares of Universal Health Services during the 4th quarter valued at $1,671,000. Hedge funds and other institutional investors own 86.05% of the company's stock.

Insider Activity

In related news, Director Maria Ruderman Singer sold 1,000 shares of Universal Health Services stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $179.16, for a total transaction of $179,160.00. Following the completion of the transaction, the director now directly owns 7,916 shares of the company's stock, valued at $1,418,230.56. This trade represents a 11.22% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 16.40% of the stock is owned by company insiders.

Universal Health Services Stock Performance

Shares of NYSE:UHS traded down $1.14 on Wednesday, hitting $191.29. 108,995 shares of the company were exchanged, compared to its average volume of 793,261. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.28 and a current ratio of 1.39. The company's 50 day moving average price is $181.28 and its two-hundred day moving average price is $184.55. Universal Health Services, Inc. has a one year low of $153.99 and a one year high of $243.25. The firm has a market capitalization of $12.43 billion, a price-to-earnings ratio of 12.72, a PEG ratio of 0.53 and a beta of 1.29.

Universal Health Services (NYSE:UHS - Get Free Report) last issued its earnings results on Monday, April 28th. The health services provider reported $4.84 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 firm had revenue of $4.10 billion during the quarter, compared to analysts' expectations of $4.16 billion. During the same period last year, the business earned $3.70 earnings per share. Universal Health Services's quarterly revenue was up 6.7% compared to the same quarter last year. Research analysts expect that Universal Health Services, Inc. will post 15.92 earnings per share for the current year.

Universal Health Services Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 16th. Stockholders of record on Monday, June 2nd will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Monday, June 2nd. This represents a $0.80 annualized dividend and a dividend yield of 0.42%. Universal Health Services's dividend payout ratio (DPR) is currently 4.49%.

Analysts Set New Price Targets

A number of brokerages recently issued reports on UHS. Wells Fargo & Company decreased their price objective on shares of Universal Health Services from $230.00 to $225.00 and set an "overweight" rating for the company in a report on Monday, March 10th. Morgan Stanley initiated coverage on Universal Health Services in a research note on Wednesday, March 26th. They set an "equal weight" rating and a $200.00 price target for the company. 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 research note on Tuesday, April 15th. Stephens boosted their target price on Universal Health Services from $210.00 to $223.00 and gave the stock an "equal weight" rating in a report on Friday, February 28th. Finally, Cantor Fitzgerald raised Universal Health Services from a "neutral" rating to an "overweight" rating in a research report on Monday, February 3rd. Nine 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 has a consensus rating of "Hold" and a consensus price target of $224.77.

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.