Swiss National Bank Sells 8,200 Shares of Universal Health Services, Inc. (NYSE:UHS)

Swiss National Bank trimmed its stake in Universal Health Services, Inc. (NYSE:UHS - Free Report) by 4.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 194,300 shares of the health services provider's stock after selling 8,200 shares during the quarter. Swiss National Bank owned approximately 0.28% of Universal Health Services worth $29,619,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. EverSource Wealth Advisors LLC increased its holdings in Universal Health Services by 42.8% during the third quarter. EverSource Wealth Advisors LLC now owns 267 shares of the health services provider's stock worth $34,000 after buying an additional 80 shares during the last quarter. GAMMA Investing LLC bought a new stake in shares of Universal Health Services in the 4th quarter valued at about $42,000. Platinum Investment Management Ltd. lifted its stake in Universal Health Services by 16.9% in the 3rd quarter. Platinum Investment Management Ltd. now owns 727 shares of the health services provider's stock valued at $91,000 after purchasing an additional 105 shares during the last quarter. Tompkins Financial Corp bought a new position in Universal Health Services during the fourth quarter worth about $96,000. Finally, Van ECK Associates Corp increased its position in Universal Health Services by 9.6% during the third quarter. Van ECK Associates Corp now owns 1,004 shares of the health services provider's stock worth $126,000 after buying an additional 88 shares during the last quarter. Institutional investors and hedge funds own 86.05% of the company's stock.

Universal Health Services Price Performance

NYSE:UHS traded up $7.58 on Thursday, hitting $177.05. The company had a trading volume of 700,820 shares, compared to its average volume of 603,559. The firm has a 50 day moving average of $171.56 and a two-hundred day moving average of $155.92. The stock has a market capitalization of $11.90 billion, a price-to-earnings ratio of 14.36, a PEG ratio of 0.84 and a beta of 1.26. Universal Health Services, Inc. has a 52 week low of $119.90 and a 52 week high of $183.61. The company has a current ratio of 1.38, a quick ratio of 1.28 and a debt-to-equity ratio of 0.75.

Universal Health Services (NYSE:UHS - Get Free Report) last released its quarterly earnings data on Wednesday, April 24th. The health services provider reported $3.70 earnings per share for the quarter, beating the consensus estimate of $3.14 by $0.56. Universal Health Services had a return on equity of 13.34% and a net margin of 5.57%. The company had revenue of $3.84 billion for the quarter, compared to the consensus estimate of $3.78 billion. During the same quarter last year, the business posted $2.34 EPS. Universal Health Services's revenue for the quarter was up 10.8% on a year-over-year basis. On average, research analysts anticipate 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 a number of recent analyst reports. Deutsche Bank Aktiengesellschaft decreased their target price on Universal Health Services from $208.00 to $203.00 and set a "buy" rating on the stock in a report on Friday, April 12th. TD Cowen boosted their price objective on Universal Health Services from $181.00 to $183.00 and gave the stock a "hold" rating in a report on Tuesday, April 30th. Royal Bank of Canada lifted their price target on Universal Health Services from $183.00 to $189.00 and gave the stock a "sector perform" rating in a report on Tuesday. Cantor Fitzgerald reiterated an "underweight" rating and set a $156.00 price objective on shares of Universal Health Services in a research report on Wednesday, April 10th. Finally, Wells Fargo & Company boosted their price objective on shares of Universal Health Services from $195.00 to $200.00 and gave the company an "overweight" rating in a report on Thursday, March 28th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have given a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $183.20.

Insider Activity

In other news, CFO Steve Filton sold 35,000 shares of the firm's stock in a transaction on Friday, March 8th. The shares were sold at an average price of $176.82, for a total transaction of $6,188,700.00. Following the completion of 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 through this hyperlink. 16.10% of the stock is currently owned by insiders.

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.