876 Shares in Universal Health Services, Inc. (NYSE:UHS) Acquired by Pine Valley Investments Ltd Liability Co

Pine Valley Investments Ltd Liability Co bought a new stake in shares of Universal Health Services, Inc. (NYSE:UHS) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 876 shares of the health services provider’s stock, valued at approximately $201,000.

Several other institutional investors have also added to or reduced their stakes in UHS. Financial Management Professionals Inc. purchased a new stake in shares of Universal Health Services in the 3rd quarter worth $32,000. True Wealth Design LLC bought a new stake in Universal Health Services during the third quarter valued at about $39,000. Blue Trust Inc. increased its position in Universal Health Services by 1,284.6% in the second quarter. Blue Trust Inc. now owns 180 shares of the health services provider’s stock worth $33,000 after buying an additional 167 shares in the last quarter. Huntington National Bank raised its stake in shares of 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 period. Finally, Innealta Capital LLC purchased a new position in shares of Universal Health Services during the 2nd quarter valued at about $35,000. 86.05% of the stock is currently owned by institutional investors.

Universal Health Services Stock Up 0.5 %

NYSE UHS opened at $187.40 on Friday. The stock has a 50 day moving average price of $207.54 and a 200-day moving average price of $208.13. Universal Health Services, Inc. has a one year low of $147.33 and a one year high of $243.25. The company has a market capitalization of $12.36 billion, a P/E ratio of 12.46, a P/E/G ratio of 0.61 and a beta of 1.28. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.28 and a current ratio of 1.39.

Universal Health Services (NYSE:UHS) last issued 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 business had revenue of $3.96 billion during the quarter, compared to analysts’ expectations of $3.90 billion. Universal Health Services had a return on equity of 15.75% and a net margin of 6.66%. The business’s quarterly revenue was up 11.3% on a year-over-year basis. During the same period in the previous year, the business earned $2.55 earnings per share. As a group, equities analysts predict that Universal Health Services, Inc. will post 15.88 EPS for the current fiscal year.

Universal Health Services Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 17th. Shareholders of record on Tuesday, December 3rd will be given a dividend of $0.20 per share. The ex-dividend date is Tuesday, December 3rd. This represents a $0.80 dividend on an annualized basis and a yield of 0.43%. Universal Health Services’s dividend payout ratio (DPR) is presently 5.32%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Robert W. Baird increased their target price on shares of Universal Health Services from $236.00 to $274.00 and gave the stock an “outperform” rating in a report on Wednesday, September 4th. Wells Fargo & Company reduced their price objective 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, November 25th. Royal Bank of Canada lowered their target price on shares of Universal Health Services from $222.00 to $211.00 and set a “sector perform” rating on the stock in a research note on Monday, October 28th. TD Cowen cut their price target on Universal Health Services from $275.00 to $251.00 and set a “buy” rating for the company in a research note on Tuesday, November 26th. Finally, Cantor Fitzgerald restated a “neutral” rating and issued a $219.00 price objective on shares of Universal Health Services in a research report on Friday, October 25th. Six research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $225.50.

Insider Activity

In other news, Director Maria Ruderman Singer sold 1,614 shares of the firm’s stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $191.15, for a total value of $308,516.10. Following the completion of the sale, 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 16.10% of the company’s stock.

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.