CreativeOne Wealth LLC Makes New $379,000 Investment in Universal Health Services, Inc. (NYSE:UHS)

CreativeOne Wealth LLC purchased a new position in Universal Health Services, Inc. (NYSE:UHS) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 2,111 shares of the health services provider’s stock, valued at approximately $379,000.

Other hedge funds also recently modified their holdings of the company. First Eagle Investment Management LLC increased its holdings in Universal Health Services by 1.0% during the 4th quarter. First Eagle Investment Management LLC now owns 4,675,182 shares of the health services provider’s stock worth $838,821,000 after purchasing an additional 44,099 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Universal Health Services by 3.1% during the 4th quarter. Geode Capital Management LLC now owns 1,713,572 shares of the health services provider’s stock worth $306,776,000 after acquiring an additional 52,042 shares in the last quarter. Invesco Ltd. lifted its position in Universal Health Services by 25.6% during the 4th quarter. Invesco Ltd. now owns 1,241,340 shares of the health services provider’s stock worth $222,721,000 after buying an additional 253,385 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Universal Health Services by 0.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,197,537 shares of the health services provider’s stock valued at $274,248,000 after acquiring an additional 10,578 shares in the last quarter. Finally, American Century Companies Inc. increased its position in shares of Universal Health Services by 4.7% in the fourth quarter. American Century Companies Inc. now owns 624,143 shares of the health services provider’s stock valued at $111,984,000 after acquiring an additional 27,903 shares during the last quarter. Institutional investors and hedge funds own 86.05% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Baird R W downgraded Universal Health Services from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 15th. Cantor Fitzgerald raised Universal Health Services from a “neutral” rating to an “overweight” rating in a report on Monday, February 3rd. Barclays decreased their price objective on shares of Universal Health Services from $271.00 to $249.00 and set an “overweight” rating on the stock in a report on Thursday, February 27th. Robert W. Baird reaffirmed a “neutral” rating and set a $224.00 target price (down previously from $274.00) on shares of Universal Health Services in a report on Tuesday, April 15th. Finally, Wells Fargo & Company lowered 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. Nine investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $224.92.

Insiders Place Their Bets

In related news, Director Maria Ruderman Singer sold 1,000 shares of the business’s stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $179.16, for a total value of $179,160.00. Following the completion of the sale, the director now directly owns 7,916 shares of the company’s stock, valued at $1,418,230.56. The trade was a 11.22 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 16.40% of the stock is currently owned by corporate insiders.

Universal Health Services Stock Performance

Shares of UHS stock opened at $174.57 on Friday. The firm has a market capitalization of $11.35 billion, a price-to-earnings ratio of 11.61, a PEG ratio of 0.53 and a beta of 1.21. 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 business’s 50-day moving average price is $178.66 and its 200-day moving average price is $190.96. Universal Health Services, Inc. has a 12 month low of $158.10 and a 12 month high of $243.25.

Universal Health Services (NYSE:UHS) last issued its quarterly earnings data on Wednesday, February 26th. The health services provider reported $4.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.21 by $0.71. The company had revenue of $4.11 billion during the quarter, compared to the consensus estimate of $4.01 billion. Universal Health Services had a return on equity of 15.75% and a net margin of 6.66%. Equities research analysts forecast that Universal Health Services, Inc. will post 15.92 EPS for the current year.

Universal Health Services Announces Dividend

The firm also recently announced 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. The ex-dividend date was Monday, March 3rd. This represents a $0.80 annualized dividend and a yield of 0.46%. Universal Health Services’s dividend payout ratio is currently 4.75%.

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.