Nissay Asset Management Corp Japan ADV Decreases Stake in Universal Health Services, Inc. (NYSE:UHS)


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Nissay Asset Management Corp Japan ADV reduced its stake in Universal Health Services, Inc. (NYSE:UHS) by 2.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 8,428 shares of the health services provider’s stock after selling 172 shares during the period. Nissay Asset Management Corp Japan ADV’s holdings in Universal Health Services were worth $1,159,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. O Shaughnessy Asset Management LLC raised its position in shares of Universal Health Services by 2,720.0% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 282 shares of the health services provider’s stock valued at $30,000 after purchasing an additional 272 shares during the last quarter. Meeder Asset Management Inc. raised its position in Universal Health Services by 76.3% during the 3rd quarter. Meeder Asset Management Inc. now owns 365 shares of the health services provider’s stock worth $39,000 after buying an additional 158 shares during the last quarter. Point72 Hong Kong Ltd purchased a new position in Universal Health Services during the 3rd quarter worth approximately $71,000. Platinum Investment Management Ltd. purchased a new position in Universal Health Services during the 3rd quarter worth approximately $71,000. Finally, Perigon Wealth Management LLC purchased a new position in Universal Health Services during the 4th quarter worth approximately $141,000. 82.26% of the stock is owned by hedge funds and other institutional investors.

A number of equities analysts have issued reports on the stock. Bank of America lowered shares of Universal Health Services from a “neutral” rating to an “underperform” rating and set a $144.00 price target for the company. in a research report on Tuesday, January 5th. Credit Suisse Group raised their price target on shares of Universal Health Services from $140.00 to $145.00 and gave the stock an “outperform” rating in a research report on Monday, November 2nd. The Goldman Sachs Group assumed coverage on shares of Universal Health Services in a research report on Tuesday, December 15th. They set a “neutral” rating and a $149.00 price target for the company. Deutsche Bank Aktiengesellschaft raised their price target on shares of Universal Health Services from $135.00 to $145.00 and gave the stock a “buy” rating in a research report on Tuesday, January 5th. They noted that the move was a valuation call. Finally, Piper Sandler raised their price target on shares of Universal Health Services from $117.00 to $139.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 11th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and eight have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $139.69.

NYSE:UHS opened at $131.78 on Tuesday. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.12 and a quick ratio of 1.06. The firm has a market cap of $11.20 billion, a price-to-earnings ratio of 12.92, a price-to-earnings-growth ratio of 3.98 and a beta of 1.19. The company has a 50 day moving average price of $131.43 and a 200-day moving average price of $122.87. Universal Health Services, Inc. has a 1-year low of $65.20 and a 1-year high of $143.84.

About Universal Health Services

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.

Read More: What does an outperform rating mean?

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

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