Oxbow Advisors LLC Takes Position in Universal Health Services, Inc. (NYSE:UHS)

Oxbow Advisors LLC bought a new stake in shares of Universal Health Services, Inc. (NYSE:UHS) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 12,555 shares of the health services provider’s stock, valued at approximately $2,253,000.

A number of other hedge funds have also recently modified their holdings of UHS. Los Angeles Capital Management LLC grew its stake in shares of Universal Health Services by 102.0% during the third quarter. Los Angeles Capital Management LLC now owns 210,926 shares of the health services provider’s stock valued at $48,304,000 after buying an additional 106,517 shares during the last quarter. AustralianSuper Pty Ltd bought a new position in shares of Universal Health Services during the fourth quarter valued at approximately $18,709,000. Mizuho Securities USA LLC grew its stake in shares of Universal Health Services by 2,101.2% during the third quarter. Mizuho Securities USA LLC now owns 101,188 shares of the health services provider’s stock valued at $23,173,000 after buying an additional 96,591 shares during the last quarter. World Investment Advisors LLC bought a new position in shares of Universal Health Services during the third quarter valued at approximately $21,557,000. Finally, Worldquant Millennium Advisors LLC grew its stake in shares of Universal Health Services by 70.8% during the third quarter. Worldquant Millennium Advisors LLC now owns 214,379 shares of the health services provider’s stock valued at $49,095,000 after buying an additional 88,872 shares during the last quarter. Institutional investors own 86.05% of the company’s stock.

Universal Health Services Stock Performance

Shares of UHS opened at $179.93 on Friday. Universal Health Services, Inc. has a 12 month low of $152.68 and a 12 month high of $243.25. The stock has a fifty day moving average price of $184.27 and a 200-day moving average price of $206.17. 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 market cap of $11.87 billion, a PE ratio of 11.96, a P/E/G ratio of 0.53 and a beta of 1.30.

Universal Health Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $0.80 annualized dividend and a dividend yield of 0.44%. Universal Health Services’s dividend payout ratio is presently 5.32%.

Insider Activity

In related news, Director Maria Ruderman Singer sold 1,614 shares of the company’s stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $191.15, for a total value of $308,516.10. Following the transaction, the director now directly owns 5,879 shares of the company’s stock, valued at $1,123,770.85. This represents a 21.54 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 16.10% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Bank of America assumed coverage on Universal Health Services in a report on Wednesday, November 6th. They issued a “neutral” rating and a $223.00 price target for the company. The Goldman Sachs Group lowered Universal Health Services from a “buy” rating to a “neutral” rating and lowered their price target for the company from $228.00 to $198.00 in a report on Monday, December 16th. StockNews.com lowered Universal Health Services from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 9th. TD Cowen lowered their price target on Universal Health Services from $275.00 to $251.00 and set a “buy” rating for the company in a report on Tuesday, November 26th. Finally, Barclays upped their target price on Universal Health Services from $256.00 to $271.00 and gave the stock an “overweight” rating in a report on Friday, October 25th. Six analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock 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.