Universal Health Services, Inc. (NYSE:UHS) Shares Sold by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp reduced its position in Universal Health Services, Inc. (NYSE:UHS - Free Report) by 27.6% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 8,339 shares of the health services provider's stock after selling 3,180 shares during the period. OMERS ADMINISTRATION Corp's holdings in Universal Health Services were worth $1,496,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Universal Health Services by 5.6% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,505 shares of the health services provider's stock worth $808,000 after buying an additional 240 shares during the period. Moore Capital Management LP acquired a new position in shares of Universal Health Services in the 4th quarter valued at $6,446,000. Lazard Asset Management LLC raised its position in Universal Health Services by 19.6% in the 4th quarter. Lazard Asset Management LLC now owns 154,899 shares of the health services provider's stock valued at $27,791,000 after purchasing an additional 25,354 shares during the last quarter. Janus Henderson Group PLC raised its position in Universal Health Services by 20.6% in the 4th quarter. Janus Henderson Group PLC now owns 7,638 shares of the health services provider's stock valued at $1,371,000 after purchasing an additional 1,304 shares during the last quarter. Finally, Humankind Investments LLC boosted its stake in Universal Health Services by 18.2% during the 4th quarter. Humankind Investments LLC now owns 1,647 shares of the health services provider's stock worth $296,000 after purchasing an additional 254 shares during the period. 86.05% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Universal Health Services

In other 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 sale, the director now directly owns 7,884 shares in the company, valued at $1,509,628.32. This represents a 12.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 16.40% of the stock is owned by corporate insiders.

Universal Health Services Price Performance

Shares of NYSE UHS traded down $1.47 during midday trading on Wednesday, hitting $194.27. The company had a trading volume of 121,144 shares, compared to its average volume of 751,834. The company has a quick ratio of 1.28, a current ratio of 1.39 and a debt-to-equity ratio of 0.69. The business has a 50-day simple moving average of $179.95 and a two-hundred day simple moving average of $185.24. Universal Health Services, Inc. has a twelve month low of $153.99 and a twelve month high of $243.25. The firm has a market capitalization of $12.63 billion, a price-to-earnings ratio of 12.91, a price-to-earnings-growth ratio of 0.53 and a beta of 1.29.

Universal Health Services (NYSE:UHS - Get Free Report) last posted its quarterly earnings results on Monday, April 28th. The health services provider reported $4.84 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.36 by $0.48. The company 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 6.66% and a return on equity of 15.75%. The company's revenue for the quarter was up 6.7% on a year-over-year basis. During the same period last year, the firm earned $3.70 EPS. Equities research analysts anticipate that Universal Health Services, Inc. will post 15.92 earnings per share for the current year.

Universal Health Services Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 16th. Shareholders of record on Monday, June 2nd will be given a dividend of $0.20 per share. The ex-dividend date is Monday, June 2nd. This represents a $0.80 dividend on an annualized basis and a yield of 0.41%. Universal Health Services's payout ratio is 4.49%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on UHS shares. Wells Fargo & Company reduced their target price on shares of Universal Health Services from $230.00 to $225.00 and set an "overweight" rating for the company in a report on Monday, March 10th. Robert W. Baird reaffirmed a "neutral" rating and set a $224.00 price objective (down from $274.00) on shares of Universal Health Services in a research note on Tuesday, April 15th. Barclays increased their price objective on Universal Health Services from $249.00 to $257.00 and gave the stock an "overweight" rating in a research report on Tuesday, April 29th. Stephens boosted their target price on Universal Health Services from $210.00 to $223.00 and gave the company an "equal weight" rating in a report on Friday, February 28th. Finally, Baird R W cut Universal Health Services from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 15th. Nine research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, Universal Health Services currently has an average rating of "Hold" and a consensus target price of $224.77.

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.