Vestcor Inc Has $10.45 Million Position in Universal Health Services, Inc. (NYSE:UHS)

Vestcor Inc boosted its position in shares of Universal Health Services, Inc. (NYSE:UHS - Free Report) by 8.4% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 55,610 shares of the health services provider's stock after buying an additional 4,304 shares during the period. Vestcor Inc owned approximately 0.09% of Universal Health Services worth $10,449,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the company. Sentry Investment Management LLC acquired a new stake in shares of Universal Health Services in the 1st quarter valued at approximately $35,000. UMB Bank n.a. boosted its stake 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 valued at $38,000 after purchasing an additional 67 shares in the last quarter. Federated Hermes Inc. boosted its stake in shares of Universal Health Services by 89.7% in the 1st quarter. Federated Hermes Inc. now owns 258 shares of the health services provider's stock valued at $48,000 after purchasing an additional 122 shares in the last quarter. Huntington National Bank boosted its stake in shares of 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 acquired a new stake in shares of Universal Health Services in the 1st quarter valued at approximately $74,000. 86.05% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on UHS shares. UBS Group set a $227.00 price objective on shares of Universal Health Services in a report on Wednesday. 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. Stephens upgraded shares of Universal Health Services to a "hold" rating in a research report on Monday, June 2nd. Barclays lifted their target price on shares of Universal Health Services from $257.00 to $259.00 and gave the stock an "overweight" rating in a research report on Wednesday. Finally, Baird R W downgraded shares of Universal Health Services from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, April 15th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $218.92.

Universal Health Services Trading Down 2.1%

Universal Health Services stock traded down $3.47 during mid-day trading on Friday, hitting $162.98. 1,130,460 shares of the stock were exchanged, compared to its average volume of 857,754. The company has a quick ratio of 1.23, a current ratio of 1.29 and a debt-to-equity ratio of 0.64. Universal Health Services, Inc. has a 12 month low of $152.33 and a 12 month high of $243.25. The firm's fifty day simple moving average is $177.42 and its two-hundred day simple moving average is $180.01. The stock has a market capitalization of $10.59 billion, a price-to-earnings ratio of 8.58, a PEG ratio of 0.68 and a beta of 1.28.

Universal Health Services (NYSE:UHS - Get Free Report) last released its quarterly earnings results on Monday, July 28th. The health services provider reported $5.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.85 by $0.50. The firm had revenue of $4.28 billion during the quarter, compared to analyst estimates of $4.24 billion. Universal Health Services had a net margin of 7.66% and a return on equity of 18.22%. The company's revenue was up 9.6% compared to the same quarter last year. During the same quarter last year, the business earned $4.31 EPS. Analysts forecast that Universal Health Services, Inc. will post 15.92 EPS for the current year.

Universal Health Services Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd will be paid a $0.20 dividend. The ex-dividend date is Tuesday, September 2nd. This represents a $0.80 annualized dividend and a dividend yield of 0.5%. Universal Health Services's payout ratio is currently 4.21%.

Insider Buying and Selling at Universal Health Services

In other news, Director Maria Ruderman Singer sold 1,097 shares of Universal Health Services stock in a transaction 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 owned 7,884 shares in the company, valued at $1,509,628.32. The trade was a 12.21% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 16.40% of the stock is owned by corporate insiders.

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.