Pzena Investment Management LLC raised its holdings in shares of Universal Health Services, Inc. (NYSE:UHS – Free Report) by 31.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,112,604 shares of the health services provider’s stock after purchasing an additional 505,575 shares during the quarter. Universal Health Services makes up 1.4% of Pzena Investment Management LLC’s holdings, making the stock its 24th biggest position. Pzena Investment Management LLC owned about 3.38% of Universal Health Services worth $460,590,000 as of its most recent SEC filing.
Several other hedge funds have also added to or reduced their stakes in UHS. Nomura Holdings Inc. lifted its holdings in Universal Health Services by 100.6% during the 2nd quarter. Nomura Holdings Inc. now owns 2,560 shares of the health services provider’s stock valued at $464,000 after purchasing an additional 426,211 shares during the last quarter. Holocene Advisors LP lifted its holdings in Universal Health Services by 262.4% during the 3rd quarter. Holocene Advisors LP now owns 358,885 shares of the health services provider’s stock valued at $73,370,000 after purchasing an additional 259,861 shares during the last quarter. Varenne Capital Partners acquired a new stake in Universal Health Services during the 3rd quarter valued at $37,670,000. Dimensional Fund Advisors LP lifted its holdings in Universal Health Services by 13.8% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,494,464 shares of the health services provider’s stock valued at $305,510,000 after purchasing an additional 181,801 shares during the last quarter. Finally, Russell Investments Group Ltd. lifted its holdings in Universal Health Services by 194.3% during the 3rd quarter. Russell Investments Group Ltd. now owns 243,169 shares of the health services provider’s stock valued at $49,684,000 after purchasing an additional 160,554 shares during the last quarter. Institutional investors and hedge funds own 86.05% of the company’s stock.
Universal Health Services Stock Down 1.1%
UHS opened at $162.44 on Friday. Universal Health Services, Inc. has a fifty-two week low of $152.33 and a fifty-two week high of $246.32. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.01 and a current ratio of 1.08. The company has a market capitalization of $9.83 billion, a P/E ratio of 6.77, a P/E/G ratio of 0.78 and a beta of 1.13. The stock has a fifty day moving average of $178.40 and a 200-day moving average of $205.05.
Wall Street Analysts Forecast Growth
Several equities research analysts have issued reports on UHS shares. TD Cowen cut their price target on Universal Health Services from $245.00 to $230.00 and set a “buy” rating for the company in a report on Wednesday, April 29th. JPMorgan Chase & Co. dropped their target price on Universal Health Services from $235.00 to $205.00 and set a “neutral” rating for the company in a report on Wednesday. Zacks Research downgraded Universal Health Services from a “strong-buy” rating to a “hold” rating in a report on Monday, March 2nd. Morgan Stanley dropped their target price on Universal Health Services from $233.00 to $212.00 and set an “equal weight” rating for the company in a report on Wednesday, April 29th. Finally, Weiss Ratings downgraded Universal Health Services from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, April 17th. Six equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $221.56.
View Our Latest Research Report on UHS
Universal Health Services Profile
Universal Health Services, Inc (NYSE: UHS) is one of the largest diversified health care management companies in the United States, offering a broad spectrum of services through its acute care hospital and behavioral health segments. The company operates general acute care hospitals, surgical hospitals and ambulatory centers, as well as inpatient and outpatient behavioral health facilities. Its network provides emergency and specialized medicine, diagnostic imaging, laboratory services, advanced surgical care and rehabilitation, complemented by a comprehensive array of behavioral services including psychiatric treatment, addiction programs and developmental disabilities care.
In the acute care segment, UHS’s facilities deliver services ranging from emergency department treatment and intensive care to maternity care and outpatient surgery.
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