Savant Capital LLC Purchases 4,559 Shares of Universal Health Services, Inc. (NYSE:UHS)

Savant Capital LLC lifted its stake in shares of Universal Health Services, Inc. (NYSE:UHS - Free Report) by 255.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,345 shares of the health services provider's stock after acquiring an additional 4,559 shares during the quarter. Savant Capital LLC's holdings in Universal Health Services were worth $1,138,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in UHS. R Squared Ltd acquired a new position in Universal Health Services in the fourth quarter worth approximately $29,000. Financial Management Professionals Inc. acquired a new position in Universal Health Services in the third quarter worth approximately $32,000. True Wealth Design LLC acquired a new position in Universal Health Services in the third quarter worth approximately $39,000. Huntington National Bank grew its position in Universal Health Services by 414.3% in the third quarter. Huntington National Bank now owns 180 shares of the health services provider's stock worth $41,000 after buying an additional 145 shares during the last quarter. Finally, Sentry Investment Management LLC acquired a new position in Universal Health Services in the third quarter worth approximately $64,000. Institutional investors and hedge funds own 86.05% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on UHS shares. TD Cowen decreased their price target on shares of Universal Health Services from $275.00 to $251.00 and set a "buy" rating on the stock in a research report on Tuesday, November 26th. StockNews.com lowered shares of Universal Health Services from a "strong-buy" rating to a "buy" rating in a research note on Saturday, November 9th. Barclays raised their price objective on shares of Universal Health Services from $256.00 to $271.00 and gave the stock an "overweight" rating in a research note on Friday, October 25th. Cantor Fitzgerald raised shares of Universal Health Services from a "neutral" rating to an "overweight" rating in a research note on Monday, February 3rd. Finally, Bank of America started coverage on shares of Universal Health Services in a research note on Wednesday, November 6th. They issued a "neutral" rating and a $223.00 price objective for the company. Six equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $226.14.

Universal Health Services Stock Up 0.3 %

Shares of NYSE:UHS traded up $0.51 during trading on Tuesday, reaching $182.05. 136,811 shares of the company traded hands, compared to its average volume of 483,357. The firm has a market cap of $12.01 billion, a P/E ratio of 12.10, a price-to-earnings-growth ratio of 0.54 and a beta of 1.30. The firm has a fifty day simple moving average of $184.79 and a 200 day simple moving average of $206.92. 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, Inc. has a 1-year low of $152.68 and a 1-year high of $243.25.

Universal Health Services Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.44%. Universal Health Services's dividend payout ratio is currently 5.32%.

Insider Activity

In other news, Director Maria Ruderman Singer sold 1,614 shares of the firm's stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $191.15, for a total transaction of $308,516.10. Following the transaction, the director now owns 5,879 shares in the company, valued at approximately $1,123,770.85. This trade represents a 21.54 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 16.10% of the stock is owned by insiders.

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.