Universal Health Services, Inc. (NYSE:UHS) Stock Position Raised by QSM Asset Management Ltd

QSM Asset Management Ltd increased its holdings in Universal Health Services, Inc. (NYSE:UHS - Free Report) by 16.7% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 46,177 shares of the health services provider's stock after buying an additional 6,600 shares during the period. Universal Health Services comprises about 6.5% of QSM Asset Management Ltd's holdings, making the stock its 6th largest position. QSM Asset Management Ltd owned about 0.07% of Universal Health Services worth $8,660,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Sentry Investment Management LLC purchased a new stake in shares of Universal Health Services in the 1st quarter worth about $35,000. UMB Bank n.a. boosted its position in shares of Universal Health Services by 49.3% in the 1st quarter. UMB Bank n.a. now owns 203 shares of the health services provider's stock worth $38,000 after buying an additional 67 shares in the last quarter. Campbell Capital Management Inc. purchased a new stake in shares of Universal Health Services in the 4th quarter worth about $46,000. Huntington National Bank lifted 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 purchasing an additional 100 shares in the last quarter. Finally, CX Institutional purchased a new position in 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.

Universal Health Services Trading Up 0.4%

NYSE UHS opened at $178.15 on Friday. Universal Health Services, Inc. has a 12 month low of $153.99 and a 12 month high of $243.25. The company has a 50-day moving average of $180.83 and a 200-day moving average of $181.36. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.32 and a quick ratio of 1.23. The company has a market cap of $11.58 billion, a P/E ratio of 10.00, a P/E/G ratio of 0.72 and a beta of 1.31.

Universal Health Services (NYSE:UHS - Get Free Report) last posted its earnings results on Monday, April 28th. The health services provider reported $4.84 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.36 by $0.48. The firm had revenue of $4.10 billion during the quarter, compared to the consensus estimate of $4.16 billion. Universal Health Services had a net margin of 7.44% and a return on equity of 17.79%. The company's revenue was up 6.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.70 EPS. As a group, equities analysts predict 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 was paid on Monday, June 16th. Investors of record on Monday, June 2nd were given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 0.45%. The ex-dividend date of this dividend was Monday, June 2nd. Universal Health Services's dividend payout ratio (DPR) is presently 4.49%.

Insider Buying and Selling

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 value of $210,053.56. Following the completion of the sale, the director now owns 7,884 shares of the company's stock, 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. Corporate insiders own 16.40% of the company's stock.

Analysts Set New Price Targets

UHS has been the topic of a number of recent research reports. Guggenheim initiated coverage on shares of Universal Health Services in a report on Wednesday, April 9th. They issued a "buy" rating and a $208.00 target price on the stock. Stephens upgraded shares of Universal Health Services to a "hold" rating in a report on Monday, June 2nd. Wells Fargo & Company reduced their target price on shares of Universal Health Services from $230.00 to $225.00 and set an "overweight" rating on the stock in a report on Monday, March 10th. Morgan Stanley initiated coverage on shares of Universal Health Services in a report on Wednesday, March 26th. They issued an "equal weight" rating and a $200.00 target price on the stock. Finally, Robert W. Baird restated a "neutral" rating and issued a $224.00 target price (down from $274.00) on shares of Universal Health Services in a report on Tuesday, April 15th. Nine equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, Universal Health Services currently has an average rating of "Hold" and an average target price of $224.77.

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.

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