LSV Asset Management Sells 22,133 Shares of Universal Health Services, Inc. (NYSE:UHS)

LSV Asset Management trimmed its holdings in shares of Universal Health Services, Inc. (NYSE:UHS - Free Report) by 2.2% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 980,775 shares of the health services provider's stock after selling 22,133 shares during the period. LSV Asset Management owned approximately 1.44% of Universal Health Services worth $149,509,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the business. Massachusetts Financial Services Co. MA lifted its stake in Universal Health Services by 48.0% during the third quarter. Massachusetts Financial Services Co. MA now owns 1,967,220 shares of the health services provider's stock worth $247,339,000 after purchasing an additional 638,166 shares during the period. American Century Companies Inc. boosted its stake in Universal Health Services by 12.9% in the 3rd quarter. American Century Companies Inc. now owns 1,707,708 shares of the health services provider's stock valued at $214,710,000 after buying an additional 195,650 shares in the last quarter. Invesco Ltd. grew its position in Universal Health Services by 4.1% in the third quarter. Invesco Ltd. now owns 3,398,974 shares of the health services provider's stock valued at $427,353,000 after acquiring an additional 134,122 shares during the period. Qube Research & Technologies Ltd acquired a new position in Universal Health Services during the third quarter worth $7,634,000. Finally, Assenagon Asset Management S.A. bought a new position in shares of Universal Health Services during the third quarter valued at $5,736,000. 86.05% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Universal Health Services

In other Universal Health Services news, CFO Steve Filton sold 35,000 shares of the stock in a transaction dated Friday, March 8th. The stock was sold at an average price of $176.82, for a total value of $6,188,700.00. Following the transaction, the chief financial officer now owns 68,785 shares of the company's stock, valued at $12,162,563.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 16.10% of the stock is owned by corporate insiders.

Universal Health Services Trading Down 1.3 %

NYSE:UHS traded down $2.19 on Friday, hitting $167.70. 597,904 shares of the stock were exchanged, compared to its average volume of 757,962. The stock has a market capitalization of $11.27 billion, a price-to-earnings ratio of 14.21, a P/E/G ratio of 0.85 and a beta of 1.26. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.28 and a current ratio of 1.38. Universal Health Services, Inc. has a 52 week low of $119.90 and a 52 week high of $183.61. The company's 50-day moving average price is $171.24 and its 200 day moving average price is $154.84.

Universal Health Services (NYSE:UHS - Get Free Report) last posted its quarterly earnings results on Wednesday, April 24th. The health services provider reported $3.70 earnings per share for the quarter, topping analysts' consensus estimates of $3.14 by $0.56. Universal Health Services had a net margin of 5.57% and a return on equity of 13.34%. The business had revenue of $3.84 billion during the quarter, compared to the consensus estimate of $3.78 billion. During the same period in the previous year, the firm posted $2.34 earnings per share. Universal Health Services's revenue for the quarter was up 10.8% compared to the same quarter last year. On average, equities research analysts forecast that Universal Health Services, Inc. will post 13.51 earnings per share for the current year.

Wall Street Analyst Weigh In

UHS has been the topic of several analyst reports. Barclays upped their target price on shares of Universal Health Services from $181.00 to $189.00 and gave the stock an "equal weight" rating in a report on Friday, April 26th. Citigroup raised their price objective on shares of Universal Health Services from $170.00 to $193.00 and gave the stock a "buy" rating in a report on Thursday, February 29th. Stephens reissued an "equal weight" rating and issued a $185.00 target price on shares of Universal Health Services in a report on Thursday, April 25th. Cantor Fitzgerald reaffirmed an "underweight" rating and set a $156.00 price target on shares of Universal Health Services in a report on Wednesday, April 10th. Finally, StockNews.com raised Universal Health Services from a "hold" rating to a "buy" rating in a research note on Monday, January 8th. One research analyst has rated the stock with a sell rating, five have given a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, Universal Health Services has an average rating of "Moderate Buy" and a consensus target price of $182.79.

Universal Health Services Company 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.