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

Tidal Investments LLC lessened its stake in Universal Health Services, Inc. (NYSE:UHS - Free Report) by 45.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,569 shares of the health services provider's stock after selling 5,531 shares during the period. Tidal Investments LLC's holdings in Universal Health Services were worth $1,179,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in UHS. D. E. Shaw & Co. Inc. boosted its holdings in shares of Universal Health Services by 99.2% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 12,450 shares of the health services provider's stock valued at $2,234,000 after buying an additional 6,200 shares in the last quarter. Allspring Global Investments Holdings LLC grew its holdings in Universal Health Services by 22.5% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 54,105 shares of the health services provider's stock worth $9,721,000 after purchasing an additional 9,946 shares during the last quarter. Savant Capital LLC grew its holdings in Universal Health Services by 255.3% in the fourth quarter. Savant Capital LLC now owns 6,345 shares of the health services provider's stock worth $1,138,000 after purchasing an additional 4,559 shares during the last quarter. Abacus Planning Group Inc. increased its position in shares of Universal Health Services by 175.6% during the fourth quarter. Abacus Planning Group Inc. now owns 2,792 shares of the health services provider's stock worth $501,000 after purchasing an additional 1,779 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of Universal Health Services by 0.9% during the third quarter. JPMorgan Chase & Co. now owns 1,197,537 shares of the health services provider's stock worth $274,248,000 after purchasing an additional 10,578 shares in the last quarter. 86.05% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

UHS has been the subject of a number of recent analyst reports. Barclays raised their price objective on Universal Health Services from $249.00 to $257.00 and gave the stock an "overweight" rating in a research report on Tuesday, April 29th. Baird R W downgraded Universal Health Services from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 15th. Morgan Stanley initiated coverage on shares of Universal Health Services in a report on Wednesday, March 26th. They set an "equal weight" rating and a $200.00 price objective on the stock. Royal Bank of Canada decreased their price objective on shares of Universal Health Services from $211.00 to $201.00 and set a "sector perform" rating for the company in a research report on Wednesday, April 30th. Finally, Guggenheim initiated coverage on shares of Universal Health Services in a research report on Wednesday, April 9th. They set a "buy" rating and a $208.00 target price on the stock. Nine research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $224.77.

Universal Health Services Stock Performance

Universal Health Services stock traded up $0.65 during mid-day trading on Thursday, hitting $191.04. The company had a trading volume of 207,823 shares, compared to its average volume of 792,612. 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 company has a market capitalization of $12.42 billion, a price-to-earnings ratio of 12.70, a P/E/G ratio of 0.53 and a beta of 1.29. The company's fifty day moving average is $181.59 and its 200-day moving average is $184.59. Universal Health Services, Inc. has a 12-month low of $153.99 and a 12-month high of $243.25.

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, beating analysts' consensus estimates 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 for 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 was up 6.7% on a year-over-year basis. Equities research analysts predict that Universal Health Services, Inc. will post 15.92 EPS for the current year.

Universal Health Services Announces Dividend

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

Insider Activity

In other Universal Health Services news, Director Maria Ruderman Singer sold 1,000 shares of the business's stock in a transaction on Monday, March 10th. The shares were sold at an average price of $179.16, for a total value of $179,160.00. Following the completion of the transaction, the director now owns 7,916 shares in the company, valued at $1,418,230.56. The trade was a 11.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Company 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.