5,688 Universal Health Services, Inc. $UHS Shares Acquired by Chicago Partners Investment Group LLC

Chicago Partners Investment Group LLC boosted its stake in Universal Health Services, Inc. (NYSE:UHS) by 108.4% in the third quarter, Holdings Channel reports. The firm owned 10,935 shares of the health services provider’s stock after purchasing an additional 5,688 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in Universal Health Services were worth $2,044,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Covestor Ltd grew its stake in Universal Health Services by 31.7% during the third quarter. Covestor Ltd now owns 536 shares of the health services provider’s stock worth $93,000 after buying an additional 129 shares in the last quarter. Team Financial Group LLC acquired a new position in shares of Universal Health Services in the 3rd quarter valued at approximately $46,000. Pzena Investment Management LLC raised its position in shares of Universal Health Services by 32.4% in the 3rd quarter. Pzena Investment Management LLC now owns 2,607,221 shares of the health services provider’s stock valued at $454,334,000 after buying an additional 637,894 shares in the last quarter. Provenance Wealth Advisors LLC acquired a new position in shares of Universal Health Services in the 3rd quarter valued at approximately $44,000. Finally, Signature Equity Partners LLC raised its position in shares of Universal Health Services by 1,183.3% in the 3rd quarter. Signature Equity Partners LLC now owns 308 shares of the health services provider’s stock valued at $54,000 after buying an additional 284 shares in the last quarter. Institutional investors own 86.05% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on UHS shares. Weiss Ratings raised shares of Universal Health Services from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, October 14th. Morgan Stanley lowered their price objective on shares of Universal Health Services from $212.00 to $191.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 29th. Robert W. Baird lowered their price objective on shares of Universal Health Services from $166.00 to $156.00 and set a “neutral” rating for the company in a research report on Thursday, October 29th. Guggenheim cut their target price on Universal Health Services from $209.00 to $201.00 and set a “buy” rating for the company in a research note on Thursday, October 29th. Finally, Leerink Partners raised their target price on Universal Health Services from $198.00 to $205.00 and gave the company an “outperform” rating in a report on Friday, September 18th. Six investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $201.00.

Universal Health Services Stock Performance

Universal Health Services stock opened at $194.92 on Friday. Universal Health Services, Inc. has a 12-month low of $140.08 and a 12-month high of $246.32. The company has a quick ratio of 1.28, a current ratio of 1.37 and a debt-to-equity ratio of 0.73. The business’s 50-day moving average price is $178.69 and its two-hundred day moving average price is $177.03. The stock has a market cap of $11.49 billion, a PE ratio of 8.15, a P/E/G ratio of 2.04 and a beta of 1.11.

Universal Health Services (NYSE:UHS) last issued its earnings results on Tuesday, October 27th. The health services provider reported $5.22 EPS for the quarter, topping the consensus estimate of $5.19 by $0.03. The firm had revenue of $4.73 billion during the quarter, compared to the consensus estimate of $4.71 billion. Universal Health Services had a return on equity of 18.39% and a net margin of 7.96%. The business’s quarterly revenue was up 5.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $5.69 earnings per share. As a group, analysts expect that Universal Health Services, Inc. will post 22.63 earnings per share for the current fiscal year.

Universal Health Services Company Profile

Universal Health Services, Inc (NYSE: UHS) is a healthcare company that owns and operates hospitals and other healthcare facilities. Its services span acute care, behavioral healthcare and outpatient treatment.

The company’s facilities provide services such as inpatient and outpatient medical care, emergency services, psychiatric treatment, substance-use-disorder care and rehabilitation. UHS serves communities across the United States and also has operations in the United Kingdom and Puerto Rico.

Founded in 1979 by Alan B.