Bank of New York Mellon Corp Lowers Stock Position in Universal Health Services, Inc. (NYSE:UHS)

Bank of New York Mellon Corp reduced its stake in Universal Health Services, Inc. (NYSE:UHS) by 2.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 635,029 shares of the health services provider’s stock after selling 14,699 shares during the quarter. Bank of New York Mellon Corp’s holdings in Universal Health Services were worth $91,101,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in UHS. Fieldpoint Private Securities LLC raised its stake in Universal Health Services by 481.8% in the fourth quarter. Fieldpoint Private Securities LLC now owns 192 shares of the health services provider’s stock valued at $27,000 after purchasing an additional 159 shares in the last quarter. NEXT Financial Group Inc raised its stake in Universal Health Services by 132.1% in the fourth quarter. NEXT Financial Group Inc now owns 195 shares of the health services provider’s stock valued at $28,000 after purchasing an additional 111 shares in the last quarter. Tobias Financial Advisors Inc. purchased a new stake in Universal Health Services in the fourth quarter valued at approximately $32,000. Cullen Frost Bankers Inc. raised its stake in Universal Health Services by 447.7% in the fourth quarter. Cullen Frost Bankers Inc. now owns 241 shares of the health services provider’s stock valued at $35,000 after purchasing an additional 197 shares in the last quarter. Finally, CSat Investment Advisory L.P. raised its stake in Universal Health Services by 25.1% in the fourth quarter. CSat Investment Advisory L.P. now owns 374 shares of the health services provider’s stock valued at $54,000 after purchasing an additional 75 shares in the last quarter. 87.46% of the stock is currently owned by institutional investors and hedge funds.

UHS stock opened at $87.95 on Thursday. The company has a market capitalization of $6.23 billion, a PE ratio of 9.64, a price-to-earnings-growth ratio of 0.94 and a beta of 1.02. Universal Health Services, Inc. has a one year low of $65.20 and a one year high of $157.79. The company’s 50 day moving average price is $120.22 and its two-hundred day moving average price is $138.09. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.12 and a current ratio of 1.23.

Universal Health Services (NYSE:UHS) last issued its earnings results on Wednesday, February 26th. The health services provider reported $2.79 EPS for the quarter, topping the consensus estimate of $2.61 by $0.18. Universal Health Services had a net margin of 7.16% and a return on equity of 16.17%. The company had revenue of $2.90 billion for the quarter, compared to the consensus estimate of $2.89 billion. During the same period in the previous year, the firm earned $2.37 earnings per share. On average, research analysts predict that Universal Health Services, Inc. will post 10.65 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 2nd were paid a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 0.91%. The ex-dividend date of this dividend was Friday, February 28th. Universal Health Services’s payout ratio is 8.01%.

Several research firms have commented on UHS. Bank of America downgraded shares of Universal Health Services from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $182.00 to $104.00 in a research note on Monday. UBS Group decreased their price target on shares of Universal Health Services from $158.00 to $150.00 and set a “buy” rating on the stock in a research note on Friday, February 28th. Robert W. Baird lifted their price target on shares of Universal Health Services from $160.00 to $165.00 and gave the stock an “outperform” rating in a research note on Friday, February 28th. Deutsche Bank began coverage on shares of Universal Health Services in a research note on Friday, January 3rd. They set a “buy” rating and a $140.00 price target on the stock. Finally, Zacks Investment Research downgraded shares of Universal Health Services from a “hold” rating to a “sell” rating and set a $152.00 price target on the stock. in a research note on Thursday, December 12th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and five have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $148.42.

Universal Health Services Company Profile

Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, outpatient facilities, and behavioral health care facilities. The company operates through Acute Care Hospital Services, Behavioral Health Care Services, and Other segments. Its hospital offer general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, coronary care, pediatric services, pharmacy services, and/or behavioral health services.

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Institutional Ownership by Quarter for Universal Health Services (NYSE:UHS)

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