Sivik Global Healthcare LLC Sells 7,500 Shares of Universal Health Services, Inc. (NYSE:UHS)

Sivik Global Healthcare LLC lessened its holdings in Universal Health Services, Inc. (NYSE:UHS) by 16.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 37,500 shares of the health services provider’s stock after selling 7,500 shares during the quarter. Universal Health Services makes up about 3.5% of Sivik Global Healthcare LLC’s investment portfolio, making the stock its 7th largest holding. Sivik Global Healthcare LLC’s holdings in Universal Health Services were worth $6,728,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Empirical Finance LLC grew its position in shares of Universal Health Services by 1.1% during the 3rd quarter. Empirical Finance LLC now owns 5,704 shares of the health services provider’s stock valued at $1,306,000 after buying an additional 64 shares during the last quarter. US Bancorp DE grew its position in shares of Universal Health Services by 3.0% during the third quarter. US Bancorp DE now owns 2,238 shares of the health services provider’s stock worth $512,000 after acquiring an additional 65 shares during the last quarter. Quarry LP boosted its stake in Universal Health Services by 14.4% during the 3rd quarter. Quarry LP now owns 516 shares of the health services provider’s stock valued at $118,000 after purchasing an additional 65 shares during the period. Mather Group LLC. increased its stake in shares of Universal Health Services by 31.6% in the third quarter. Mather Group LLC. now owns 283 shares of the health services provider’s stock valued at $65,000 after purchasing an additional 68 shares during the period. Finally, Banco Santander S.A. raised its holdings in shares of Universal Health Services by 2.3% during the third quarter. Banco Santander S.A. now owns 3,032 shares of the health services provider’s stock valued at $694,000 after buying an additional 68 shares during the last quarter. Institutional investors own 86.05% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on UHS shares. KeyCorp initiated coverage on Universal Health Services in a research note on Friday, October 11th. They issued a “sector weight” rating for the company. Bank of America began coverage on Universal Health Services in a report on Wednesday, November 6th. They set a “neutral” rating and a $223.00 target price on the stock. The Goldman Sachs Group downgraded Universal Health Services from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $228.00 to $198.00 in a research note on Monday, December 16th. Wells Fargo & Company lowered their target price on Universal Health Services from $285.00 to $230.00 and set an “overweight” rating on the stock in a report on Monday, November 25th. Finally, StockNews.com downgraded shares of Universal Health Services from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 9th. Seven investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Universal Health Services has a consensus rating of “Moderate Buy” and an average price target of $226.14.

Insider Activity at Universal Health Services

In other Universal Health Services news, Director Maria Ruderman Singer sold 1,614 shares of Universal Health Services stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $191.15, for a total transaction of $308,516.10. Following the sale, the director now directly owns 5,879 shares of the company’s stock, valued at approximately $1,123,770.85. The trade was a 21.54 % decrease in their ownership of the stock. 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 currently owned by corporate insiders.

Universal Health Services Trading Up 1.0 %

Shares of NYSE:UHS opened at $189.10 on Thursday. The stock has a market capitalization of $12.47 billion, a PE ratio of 12.57, a P/E/G ratio of 0.54 and a beta of 1.30. The company has a current ratio of 1.39, a quick ratio of 1.28 and a debt-to-equity ratio of 0.69. The firm has a fifty day moving average price of $188.14 and a 200 day moving average price of $207.68. Universal Health Services, Inc. has a 1 year low of $152.68 and a 1 year high of $243.25.

Universal Health Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 17th. Shareholders of record on Tuesday, December 3rd were given a $0.20 dividend. The ex-dividend date was Tuesday, December 3rd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.42%. Universal Health Services’s dividend payout ratio is currently 5.32%.

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.