Price T Rowe Associates Inc. MD Sells 7,578 Shares of Universal Health Services, Inc. (NYSE:UHS)

Price T Rowe Associates Inc. MD trimmed its position in Universal Health Services, Inc. (NYSE:UHS - Free Report) by 8.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 83,383 shares of the health services provider's stock after selling 7,578 shares during the quarter. Price T Rowe Associates Inc. MD owned approximately 0.13% of Universal Health Services worth $14,962,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in UHS. R Squared Ltd bought a new stake in shares of Universal Health Services during the fourth quarter worth approximately $29,000. Quent Capital LLC grew its holdings in Universal Health Services by 118.3% during the 4th quarter. Quent Capital LLC now owns 179 shares of the health services provider's stock worth $32,000 after acquiring an additional 97 shares during the period. Campbell Capital Management Inc. bought a new stake in shares of Universal Health Services during the 4th quarter valued at $46,000. Huntington National Bank lifted its stake in shares of Universal Health Services by 55.6% in the 4th quarter. Huntington National Bank now owns 280 shares of the health services provider's stock valued at $50,000 after purchasing an additional 100 shares during the period. Finally, Board of the Pension Protection Fund bought a new position in shares of Universal Health Services in the 4th quarter worth $72,000. 86.05% of the stock is owned by institutional investors.

Insider Transactions at Universal Health Services

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

Universal Health Services Stock Down 0.2 %

Shares of NYSE:UHS traded down $0.27 during mid-day trading on Monday, reaching $178.47. 489,318 shares of the stock were exchanged, compared to its average volume of 746,909. The stock's 50 day simple moving average is $176.28 and its 200-day simple moving average is $187.36. Universal Health Services, Inc. has a one year low of $153.99 and a one year high of $243.25. The company has a market cap of $11.60 billion, a P/E ratio of 11.87, a P/E/G ratio of 0.53 and a beta of 1.29. The company has a quick ratio of 1.28, a current ratio of 1.39 and a debt-to-equity ratio of 0.69.

Universal Health Services (NYSE:UHS - Get Free Report) last posted its quarterly earnings data 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. Universal Health Services had a net margin of 6.66% and a return on equity of 15.75%. The company had revenue of $4.10 billion for the quarter, compared to the consensus estimate of $4.16 billion. During the same period last year, the company earned $3.70 earnings per share. The firm's revenue was up 6.7% compared to the same quarter last year. As a group, equities research analysts predict that Universal Health Services, Inc. will post 15.92 EPS for the current year.

Universal Health Services Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were given a dividend of $0.20 per share. The ex-dividend date was Monday, March 3rd. This represents a $0.80 annualized dividend and a yield of 0.45%. Universal Health Services's dividend payout ratio (DPR) is presently 4.49%.

Analyst Upgrades and Downgrades

UHS has been the subject of a number of recent analyst reports. Wells Fargo & Company dropped their price objective on Universal Health Services from $230.00 to $225.00 and set an "overweight" rating for the company in a report on Monday, March 10th. Morgan Stanley assumed coverage on Universal Health Services in a research note on Wednesday, March 26th. They issued an "equal weight" rating and a $200.00 price target for the company. Royal Bank of Canada decreased their price objective on shares of Universal Health Services from $211.00 to $201.00 and set a "sector perform" rating for the company in a report on Wednesday, April 30th. Barclays increased their target price on shares of Universal Health Services from $249.00 to $257.00 and gave the stock an "overweight" rating in a report on Tuesday, April 29th. Finally, Stephens lifted their price target on shares of Universal Health Services from $210.00 to $223.00 and gave the stock an "equal weight" rating in a research report on Friday, February 28th. Nine research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus 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.