CHICAGO TRUST Co NA Has $411,000 Stock Holdings in Universal Health Services, Inc. (NYSE:UHS)

CHICAGO TRUST Co NA lifted its position in shares of Universal Health Services, Inc. (NYSE:UHS) by 37.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,794 shares of the health services provider’s stock after acquiring an additional 488 shares during the quarter. CHICAGO TRUST Co NA’s holdings in Universal Health Services were worth $411,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Benjamin F. Edwards & Company Inc. acquired a new stake in shares of Universal Health Services during the first quarter valued at about $32,000. Blue Trust Inc. increased its position in Universal Health Services by 1,284.6% in 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 bought a new stake in shares of Universal Health Services in the second quarter worth $35,000. Mather Group LLC. bought a new position in Universal Health Services during the 1st quarter worth $36,000. Finally, Headlands Technologies LLC bought a new position in Universal Health Services during the 1st quarter worth $36,000. Institutional investors own 86.05% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. StockNews.com cut Universal Health Services from a “strong-buy” rating to a “buy” rating in a research note on Friday. Barclays raised shares of Universal Health Services from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $198.00 to $256.00 in a research report on Friday, July 26th. Robert W. Baird boosted their price target on shares of Universal Health Services from $236.00 to $274.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 4th. Cantor Fitzgerald reiterated a “neutral” rating and set a $219.00 price objective on shares of Universal Health Services in a research report on Tuesday, October 1st. Finally, Baird R W upgraded shares of Universal Health Services from a “hold” rating to a “strong-buy” rating in a report on Wednesday, June 26th. Six investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $224.92.

Universal Health Services Stock Up 0.7 %

Shares of NYSE:UHS opened at $214.33 on Monday. The firm has a market cap of $14.34 billion, a P/E ratio of 18.16, a PEG ratio of 0.70 and a beta of 1.27. Universal Health Services, Inc. has a 52-week low of $119.90 and a 52-week high of $243.25. The business’s 50 day simple moving average is $227.50 and its two-hundred day simple moving average is $197.46. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.17 and a current ratio of 1.28.

Universal Health Services (NYSE:UHS) last posted its quarterly earnings results on Wednesday, July 24th. The health services provider reported $4.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.37 by $0.94. Universal Health Services had a net margin of 6.22% and a return on equity of 14.91%. The business had revenue of $3.91 billion during the quarter, compared to the consensus estimate of $3.87 billion. During the same quarter last year, the firm posted $2.53 EPS. Universal Health Services’s revenue was up 10.1% compared to the same quarter last year. As a group, research analysts forecast that Universal Health Services, Inc. will post 15.91 EPS for the current fiscal year.

Universal Health Services Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 17th. Investors of record on Tuesday, September 3rd were issued a $0.20 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.37%. Universal Health Services’s dividend payout ratio is presently 6.78%.

Universal Health Services declared that its Board of Directors has authorized a share repurchase program on Wednesday, July 24th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the health services provider to reacquire up to 8% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s leadership believes its shares are undervalued.

Insider Activity at Universal Health Services

In other Universal Health Services news, Director Eileen C. Mcdonnell sold 2,535 shares of the business’s stock in a transaction that occurred on Friday, July 26th. The stock was sold at an average price of $209.55, for a total transaction of $531,209.25. Following the completion of the sale, the director now directly owns 6,413 shares of the company’s stock, valued at approximately $1,343,844.15. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other Universal Health Services news, Director Eileen C. Mcdonnell sold 2,535 shares of Universal Health Services stock in a transaction on Friday, July 26th. The shares were sold at an average price of $209.55, for a total transaction of $531,209.25. Following the transaction, the director now directly owns 6,413 shares of the company’s stock, valued at $1,343,844.15. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Nina Chen-Langenmayr sold 850 shares of the stock in a transaction dated Wednesday, August 7th. The shares were sold at an average price of $212.11, for a total transaction of $180,293.50. Following the completion of the sale, the director now owns 1,985 shares of the company’s stock, valued at approximately $421,038.35. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 21,970 shares of company stock valued at $4,653,535. 16.10% of the stock is owned by corporate insiders.

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.