Toronto Dominion Bank Sells 7,914 Shares of Universal Health Services, Inc. (NYSE:UHS)

Toronto Dominion Bank trimmed its position in Universal Health Services, Inc. (NYSE:UHS - Free Report) by 26.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 21,499 shares of the health services provider's stock after selling 7,914 shares during the quarter. Toronto Dominion Bank's holdings in Universal Health Services were worth $3,857,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. R Squared Ltd bought a new position in shares of Universal Health Services in the fourth quarter valued at about $29,000. Quent Capital LLC lifted its holdings in Universal Health Services by 118.3% during the 4th quarter. Quent Capital LLC now owns 179 shares of the health services provider's stock worth $32,000 after purchasing an additional 97 shares during the last quarter. Campbell Capital Management Inc. bought a new stake in Universal Health Services in the 4th quarter valued at $46,000. Huntington National Bank grew its holdings in Universal Health Services by 55.6% in the 4th quarter. Huntington National Bank now owns 280 shares of the health services provider's stock valued at $50,000 after buying an additional 100 shares in the last quarter. Finally, Smartleaf Asset Management LLC increased its position in Universal Health Services by 30.7% during the 4th quarter. Smartleaf Asset Management LLC now owns 455 shares of the health services provider's stock worth $81,000 after buying an additional 107 shares during the period. 86.05% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the stock. Baird R W cut shares of Universal Health Services from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 15th. Royal Bank of Canada dropped their price target 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. Cantor Fitzgerald raised Universal Health Services from a "neutral" rating to an "overweight" rating in a research report on Monday, February 3rd. 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 objective on the stock. Finally, Robert W. Baird reiterated a "neutral" rating and set a $224.00 target price (down from $274.00) on shares of Universal Health Services in a research report on Tuesday, April 15th. 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 data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $224.77.

Universal Health Services Price Performance

Shares of UHS stock traded down $1.24 on Wednesday, hitting $191.19. 108,995 shares of the company's stock were exchanged, compared to its average volume of 752,425. The company has a 50 day moving average of $181.28 and a 200 day moving average of $184.55. The stock has a market cap of $12.43 billion, a P/E ratio of 12.72, a price-to-earnings-growth ratio of 0.53 and a beta of 1.29. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.39 and a quick ratio of 1.28. 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 posted 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 net margin of 6.66% and a return on equity of 15.75%. The business had revenue of $4.10 billion for the quarter, compared to the consensus estimate of $4.16 billion. During the same period last year, the company earned $3.70 EPS. The firm's revenue was up 6.7% compared to the same quarter last year. On average, equities research analysts predict that Universal Health Services, Inc. will post 15.92 EPS for the current year.

Universal Health Services Announces Dividend

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

Insider Activity

In other news, Director Maria Ruderman Singer sold 1,097 shares of the firm's stock in a transaction dated Wednesday, May 14th. The stock was sold at an average price of $191.48, for a total transaction of $210,053.56. Following the completion of the transaction, the director now directly owns 7,884 shares in the company, valued at $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 Securities & Exchange Commission, which is available through the SEC website. Insiders own 16.40% of the company's stock.

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.