Measured Wealth Private Client Group LLC Makes New Investment in Universal Health Services, Inc. (NYSE:UHS)

Measured Wealth Private Client Group LLC bought a new stake in shares of Universal Health Services, Inc. (NYSE:UHS) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 2,810 shares of the health services provider’s stock, valued at approximately $504,000.

Several other hedge funds have also made changes to their positions in the company. R Squared Ltd bought a new stake in shares of Universal Health Services in the fourth quarter valued at about $29,000. Financial Management Professionals Inc. purchased a new position in Universal Health Services during the 3rd quarter valued at about $32,000. True Wealth Design LLC purchased a new position in Universal Health Services during the 3rd quarter valued at about $39,000. Huntington National Bank raised its holdings in shares of Universal Health Services by 414.3% in the 3rd quarter. Huntington National Bank now owns 180 shares of the health services provider’s stock valued at $41,000 after purchasing an additional 145 shares in the last quarter. Finally, Sentry Investment Management LLC purchased a new stake in shares of Universal Health Services in the 3rd quarter worth approximately $64,000. 86.05% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Universal Health Services

In other news, Director Maria Ruderman Singer sold 1,614 shares of the firm’s stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $191.15, for a total value of $308,516.10. Following the completion of the transaction, the director now directly owns 5,879 shares in the company, valued at $1,123,770.85. This trade represents a 21.54 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 16.10% of the company’s stock.

Universal Health Services Trading Down 2.5 %

NYSE UHS opened at $188.36 on Friday. The stock has a market cap of $12.43 billion, a P/E ratio of 12.52, 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. Universal Health Services, Inc. has a 12-month low of $152.68 and a 12-month high of $243.25. The company has a fifty day simple moving average of $186.83 and a two-hundred day simple moving average of $207.87.

Universal Health Services Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on UHS shares. The Goldman Sachs Group downgraded shares of Universal Health Services from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $228.00 to $198.00 in a research note on Monday, December 16th. TD Cowen reduced their price target on Universal Health Services from $275.00 to $251.00 and set a “buy” rating for the company in a research report on Tuesday, November 26th. Bank of America initiated coverage on Universal Health Services in a research report on Wednesday, November 6th. They set a “neutral” rating and a $223.00 price objective on the stock. KeyCorp assumed coverage on shares of Universal Health Services in a report on Friday, October 11th. They issued a “sector weight” rating for the company. Finally, Barclays raised their price target on shares of Universal Health Services from $256.00 to $271.00 and gave the company an “overweight” rating in a report on Friday, October 25th. Six investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $226.14.

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.