Pinebridge Investments L.P. Grows Stock Holdings in Universal Health Services, Inc. (NYSE:UHS)

Pinebridge Investments L.P. boosted its stake in Universal Health Services, Inc. (NYSE:UHS - Free Report) by 6.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 104,669 shares of the health services provider's stock after purchasing an additional 5,905 shares during the quarter. Pinebridge Investments L.P. owned about 0.16% of Universal Health Services worth $18,780,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in UHS. Barclays PLC grew its holdings in shares of Universal Health Services by 13.4% during the third quarter. Barclays PLC now owns 188,765 shares of the health services provider's stock valued at $43,227,000 after buying an additional 22,369 shares during the last quarter. Virtu Financial LLC acquired a new position in shares of Universal Health Services during the third quarter valued at about $2,194,000. Pine Valley Investments Ltd Liability Co acquired a new position in shares of Universal Health Services during the third quarter valued at about $201,000. World Investment Advisors LLC acquired a new position in shares of Universal Health Services during the third quarter valued at about $21,557,000. Finally, Tidal Investments LLC grew its holdings in shares of Universal Health Services by 208.0% during the third quarter. Tidal Investments LLC now owns 12,100 shares of the health services provider's stock valued at $2,771,000 after buying an additional 8,171 shares during the last quarter. 86.05% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Universal Health Services

In other Universal Health Services news, Director Maria Ruderman Singer sold 1,000 shares of the firm's stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $179.16, for a total transaction of $179,160.00. Following the sale, the director now owns 7,916 shares in the company, valued at $1,418,230.56. This trade represents a 11.22 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 16.40% of the stock is owned by corporate insiders.

Universal Health Services Stock Performance

Shares of Universal Health Services stock traded down $2.21 during trading hours on Tuesday, reaching $170.70. The company had a trading volume of 563,440 shares, compared to its average volume of 746,171. Universal Health Services, Inc. has a one year low of $153.99 and a one year high of $243.25. The business has a fifty day simple moving average of $176.91 and a 200 day simple moving average of $188.86. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.39 and a quick ratio of 1.28. The firm has a market cap of $11.10 billion, a PE ratio of 11.32, a price-to-earnings-growth ratio of 0.53 and a beta of 1.21.

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 EPS for the quarter, topping analysts' consensus estimates of $4.36 by $0.48. The firm had revenue of $4.10 billion during the quarter, compared to analyst estimates of $4.16 billion. Universal Health Services had a return on equity of 15.75% and a net margin of 6.66%. The business's revenue for the quarter was up 6.7% on a year-over-year basis. During the same period last year, the company earned $3.70 earnings per share. On average, analysts anticipate that Universal Health Services, Inc. will post 15.92 earnings per share for the current fiscal year.

Universal Health Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 0.47%. The ex-dividend date was Monday, March 3rd. Universal Health Services's dividend payout ratio is 4.75%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on UHS. Barclays boosted their price target on shares of Universal Health Services from $249.00 to $257.00 and gave the stock an "overweight" rating in a report on Tuesday. Robert W. Baird restated a "neutral" rating and set a $224.00 price target (down from $274.00) on shares of Universal Health Services in a report on Tuesday, April 15th. Wells Fargo & Company cut their price target on shares of Universal Health Services from $230.00 to $225.00 and set an "overweight" rating on the stock in a report on Monday, March 10th. Cantor Fitzgerald upgraded shares of Universal Health Services from a "neutral" rating to an "overweight" rating in a report on Monday, February 3rd. Finally, Guggenheim began coverage on shares of Universal Health Services in a report on Wednesday, April 9th. They set a "buy" rating and a $208.00 price target on the stock. Nine analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to data from MarketBeat.com, Universal Health Services presently has an average rating of "Hold" and a consensus price target of $225.54.

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.