Universal Health Services, Inc. (UHS) Position Increased by SG Americas Securities LLC

SG Americas Securities LLC boosted its position in shares of Universal Health Services, Inc. (NYSE:UHS) by 40.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,736 shares of the health services provider’s stock after purchasing an additional 4,548 shares during the period. SG Americas Securities LLC’s holdings in Universal Health Services were worth $1,834,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in UHS. Fifth Third Bancorp boosted its stake in shares of Universal Health Services by 1,013.4% during the 3rd quarter. Fifth Third Bancorp now owns 1,080 shares of the health services provider’s stock worth $138,000 after buying an additional 983 shares during the last quarter. Ancora Advisors LLC acquired a new stake in Universal Health Services in the 3rd quarter valued at about $141,000. IFP Advisors Inc lifted its stake in Universal Health Services by 108.7% in the 3rd quarter. IFP Advisors Inc now owns 1,321 shares of the health services provider’s stock valued at $169,000 after purchasing an additional 688 shares during the last quarter. Rational Advisors LLC lifted its stake in Universal Health Services by 138.4% in the 3rd quarter. Rational Advisors LLC now owns 1,514 shares of the health services provider’s stock valued at $194,000 after purchasing an additional 879 shares during the last quarter. Finally, Raymond James Trust N.A. acquired a new stake in Universal Health Services in the 3rd quarter valued at about $200,000. Hedge funds and other institutional investors own 92.99% of the company’s stock.

Shares of UHS opened at $134.11 on Thursday. Universal Health Services, Inc. has a 12 month low of $109.37 and a 12 month high of $139.63. The company has a market cap of $12.41 billion, a PE ratio of 17.81, a price-to-earnings-growth ratio of 1.29 and a beta of 1.07. The company has a current ratio of 1.09, a quick ratio of 1.01 and a debt-to-equity ratio of 0.68.

The business also recently declared a quarterly dividend, which will be paid on Friday, March 15th. Stockholders of record on Friday, March 1st will be paid a $0.10 dividend. The ex-dividend date is Thursday, February 28th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.30%. Universal Health Services’s dividend payout ratio is presently 5.31%.

Universal Health Services announced that its Board of Directors has initiated a stock repurchase plan on Monday, December 17th that allows the company to buyback $500.00 million in shares. This buyback authorization allows the health services provider to purchase up to 4.5% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s management believes its stock is undervalued.

Several brokerages recently issued reports on UHS. Zacks Investment Research downgraded shares of Universal Health Services from a “hold” rating to a “sell” rating in a research note on Friday, February 8th. Stephens began coverage on shares of Universal Health Services in a research report on Monday, January 14th. They set an “equal weight” rating and a $134.00 price objective for the company. Deutsche Bank began coverage on shares of Universal Health Services in a research report on Thursday, January 3rd. They set a “buy” rating and a $140.00 price objective for the company. Goldman Sachs Group downgraded shares of Universal Health Services from a “neutral” rating to a “sell” rating and set a $125.00 price objective for the company. in a research report on Thursday, December 13th. Finally, UBS Group began coverage on shares of Universal Health Services in a research report on Thursday, November 15th. They set a “buy” rating and a $156.00 price objective for the company. Two research analysts have rated the stock with a sell rating, five have given a hold rating and eight have issued a buy rating to the company’s stock. Universal Health Services has a consensus rating of “Hold” and an average target price of $137.86.

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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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