Universal Health Services, Inc. (NYSE:UHS) Shares Acquired by Advisors Asset Management Inc.

Advisors Asset Management Inc. increased its holdings in shares of Universal Health Services, Inc. (NYSE:UHS) by 41.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,485 shares of the health services provider’s stock after acquiring an additional 438 shares during the quarter. Advisors Asset Management Inc.’s holdings in Universal Health Services were worth $340,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Cetera Advisors LLC acquired a new stake in shares of Universal Health Services during the 1st quarter worth approximately $642,000. NBC Securities Inc. increased its position in Universal Health Services by 403.2% in the second quarter. NBC Securities Inc. now owns 7,321 shares of the health services provider’s stock worth $1,353,000 after buying an additional 5,866 shares during the period. Cetera Investment Advisers lifted its stake in Universal Health Services by 134.2% in the first quarter. Cetera Investment Advisers now owns 8,744 shares of the health services provider’s stock valued at $1,595,000 after buying an additional 5,010 shares during the last quarter. National Pension Service boosted its holdings in shares of Universal Health Services by 3,477,100.0% during the third quarter. National Pension Service now owns 34,772 shares of the health services provider’s stock valued at $7,963,000 after acquiring an additional 34,771 shares during the period. Finally, ProShare Advisors LLC grew its position in shares of Universal Health Services by 107.3% during the second quarter. ProShare Advisors LLC now owns 22,284 shares of the health services provider’s stock worth $4,121,000 after acquiring an additional 11,532 shares during the last quarter. Institutional investors own 86.05% of the company’s stock.

Universal Health Services Stock Down 1.3 %

NYSE UHS opened at $203.50 on Friday. The company has a market capitalization of $13.42 billion, a P/E ratio of 13.53, a PEG ratio of 0.63 and a beta of 1.29. Universal Health Services, Inc. has a 12 month low of $133.70 and a 12 month high of $243.25. 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 company’s 50 day simple moving average is $216.16 and its 200 day simple moving average is $206.94.

Universal Health Services (NYSE:UHS) last announced its quarterly earnings data on Thursday, October 24th. The health services provider reported $3.71 EPS for the quarter, missing analysts’ consensus estimates of $3.75 by ($0.04). The company had revenue of $3.96 billion for the quarter, compared to analyst estimates of $3.90 billion. Universal Health Services had a net margin of 6.66% and a return on equity of 15.75%. Universal Health Services’s revenue was up 11.3% on a year-over-year basis. During the same quarter last year, the company posted $2.55 EPS. Equities research analysts expect that Universal Health Services, Inc. will post 15.93 earnings per share for the current fiscal year.

Universal Health Services Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 17th. Investors of record on Tuesday, December 3rd will be paid a $0.20 dividend. The ex-dividend date is Tuesday, December 3rd. This represents a $0.80 dividend on an annualized basis and a yield of 0.39%. Universal Health Services’s dividend payout ratio is currently 5.32%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on UHS shares. Wells Fargo & Company reduced their target price on shares of Universal Health Services from $285.00 to $230.00 and set an “overweight” rating for the company in a research note on Monday. TD Cowen decreased their price objective on Universal Health Services from $275.00 to $251.00 and set a “buy” rating for the company in a report on Tuesday. UBS Group lifted their target price on Universal Health Services from $247.00 to $267.00 and gave the company a “buy” rating in a research note on Wednesday, August 14th. KeyCorp initiated coverage on Universal Health Services in a research note on Friday, October 11th. They issued a “sector weight” rating for the company. Finally, Cantor Fitzgerald restated a “neutral” rating and set a $219.00 price objective on shares of Universal Health Services in a research note on Friday, October 25th. Six analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $225.50.

Universal Health Services 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.