Brooklyn Investment Group Purchases New Position in Universal Health Services, Inc. (NYSE:UHS)

Brooklyn Investment Group purchased a new position in Universal Health Services, Inc. (NYSE:UHS) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 455 shares of the health services provider’s stock, valued at approximately $104,000.

Other large investors have also bought and sold shares of the company. Financial Management Professionals Inc. bought a new stake in shares of Universal Health Services during the third quarter valued at approximately $32,000. Blue Trust Inc. lifted its position in Universal Health Services by 1,284.6% during the 2nd quarter. Blue Trust Inc. now owns 180 shares of the health services provider’s stock valued at $33,000 after acquiring an additional 167 shares during the period. Innealta Capital LLC purchased a new position in Universal Health Services during the 2nd quarter valued at about $35,000. Huntington National Bank grew its holdings 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 purchasing an additional 145 shares during the period. Finally, Benjamin F. Edwards & Company Inc. increased its stake in shares of Universal Health Services by 41.8% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 251 shares of the health services provider’s stock valued at $46,000 after purchasing an additional 74 shares in the last quarter. 86.05% of the stock is owned by institutional investors.

Universal Health Services Trading Down 1.3 %

NYSE:UHS opened at $203.50 on Thursday. The company has a 50 day simple moving average of $216.79 and a two-hundred day simple moving average of $206.96. The company has a market cap of $13.42 billion, a PE ratio of 13.53, a price-to-earnings-growth ratio of 0.63 and a beta of 1.29. The company has a current ratio of 1.39, a quick ratio of 1.28 and a debt-to-equity ratio of 0.69. Universal Health Services, Inc. has a 12 month low of $133.70 and a 12 month high of $243.25.

Universal Health Services (NYSE:UHS) last posted its earnings results on Thursday, October 24th. The health services provider reported $3.71 earnings per share for the quarter, missing analysts’ consensus estimates of $3.75 by ($0.04). The firm had revenue of $3.96 billion during the quarter, compared to the consensus estimate of $3.90 billion. Universal Health Services had a net margin of 6.66% and a return on equity of 15.75%. The firm’s revenue was up 11.3% compared to the same quarter last year. During the same period in the prior year, the company posted $2.55 EPS. Research analysts forecast that Universal Health Services, Inc. will post 15.93 earnings per share for the current year.

Universal Health Services Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on UHS. Robert W. Baird boosted their price target on Universal Health Services from $236.00 to $274.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 4th. Royal Bank of Canada dropped their target price on Universal Health Services from $222.00 to $211.00 and set a “sector perform” rating on the stock in a report on Monday, October 28th. Wells Fargo & Company reduced their price target on Universal Health Services from $285.00 to $230.00 and set an “overweight” rating for the company in a report on Monday. UBS Group upped their price target on shares of Universal Health Services from $247.00 to $267.00 and gave the stock a “buy” rating in a research note on Wednesday, August 14th. Finally, TD Cowen reduced their price objective on shares of Universal Health Services from $275.00 to $251.00 and set a “buy” rating for the company in a research note on Tuesday. Six equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Universal Health Services currently has an average rating of “Moderate Buy” and an average price target 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.