Todd Asset Management LLC Buys 24,279 Shares of Universal Health Services, Inc. (NYSE:UHS)

Todd Asset Management LLC boosted its holdings in shares of Universal Health Services, Inc. (NYSE:UHS - Free Report) by 17.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 159,605 shares of the health services provider's stock after acquiring an additional 24,279 shares during the quarter. Todd Asset Management LLC owned about 0.23% of Universal Health Services worth $24,330,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Massachusetts Financial Services Co. MA boosted its position in shares of 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 buying an additional 638,166 shares during the period. American Century Companies Inc. grew its position 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 acquiring an additional 195,650 shares in the last quarter. Invesco Ltd. increased its stake in Universal Health Services by 4.1% during the third quarter. Invesco Ltd. now owns 3,398,974 shares of the health services provider's stock worth $427,353,000 after purchasing an additional 134,122 shares during the period. Qube Research & Technologies Ltd acquired a new stake in shares of Universal Health Services during the third quarter worth about $7,634,000. Finally, Assenagon Asset Management S.A. purchased a new position in shares of Universal Health Services in the third quarter valued at approximately $5,736,000. Institutional investors and hedge funds own 86.05% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on UHS shares. TD Cowen increased their target price on shares of Universal Health Services from $181.00 to $183.00 and gave the stock a "hold" rating in a report on Tuesday, April 30th. Cantor Fitzgerald restated an "underweight" rating and set a $156.00 price target on shares of Universal Health Services in a report on Wednesday, April 10th. Wells Fargo & Company lifted their price objective on Universal Health Services from $195.00 to $200.00 and gave the company an "overweight" rating in a research note on Thursday, March 28th. The Goldman Sachs Group upped their target price on shares of Universal Health Services from $170.00 to $189.00 and gave the stock a "buy" rating in a research note on Monday, March 4th. Finally, Stephens reiterated an "equal weight" rating and set a $185.00 price target on shares of Universal Health Services in a report on Thursday, April 25th. One 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's stock. Based on data from MarketBeat, Universal Health Services presently has an average rating of "Moderate Buy" and an average target price of $182.79.

Universal Health Services Stock Performance

NYSE UHS traded down $2.19 during trading hours on Friday, hitting $167.70. The company had a trading volume of 597,904 shares, compared to its average volume of 757,962. The business has a 50 day moving average of $171.24 and a 200-day moving average of $155.03. 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 1-year low of $119.90 and a 1-year high of $183.61. The company has a market cap of $11.27 billion, a PE ratio of 14.21, a price-to-earnings-growth ratio of 0.84 and a beta of 1.26.

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

Insider Activity

In related news, CFO Steve Filton sold 35,000 shares of the firm's stock in a transaction dated Friday, March 8th. The shares were sold at an average price of $176.82, for a total value of $6,188,700.00. Following the completion of the sale, the chief financial officer now owns 68,785 shares in the company, valued at $12,162,563.70. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Corporate insiders own 16.10% 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.