Universal Health Services, Inc. (NYSE:UHS) Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC reduced its position in Universal Health Services, Inc. (NYSE:UHS – Free Report) by 2.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,316 shares of the healthcare services provider after selling 69 shares during the quarter. Janney Montgomery Scott LLC’s shares in Universal Health Services were worth $605,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Todd Asset Management LLC increased its position in Universal Health Services by 17.9% in the fourth quarter. Todd Asset Management LLC now owns 159,605 shares of the healthcare services provider’s stock worth $24,330,000 after acquiring an additional 24,279 shares in the last quarter. 8 Knots Management LLC acquired a new stake in Universal Health Services in the fourth quarter worth approximately $40,010,000. Russell Investments Group Ltd. increased its position in Universal Health Services by 14.2% in the fourth quarter. Russell Investments Group Ltd. now owns 74,240 shares of the healthcare services provider’s stock worth $11,317,000 after acquiring an additional 9,221 shares in the last quarter. Point72 Asset Management LP increased its position in Universal Health Services by 12,924.9% in the fourth quarter. Point72 Asset Management LP now owns 503,935 shares of the healthcare services provider worth $76,820,000 after acquiring an additional 500,066 shares in the last quarter. Finally, Assenagon Asset Management SA increased its position in Universal Health Services by 16.7% in the fourth quarter. Assenagon Asset Management SA now owns 53,239 shares of the healthcare services provider worth $8,116,000 after acquiring an additional 7,616 shares in the last quarter. Institutional investors and hedge funds own 86.05% of the company’s shares.

Universal Health Services Stock Performance

UHS shares opened at $180.82 on Friday. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.28 and a current ratio of 1.38. The stock has a market cap of $12.10 billion, a price-to-earnings ratio of 15.32, a PEG ratio of 0.86 and a beta of 1.28. Universal Health Services, Inc. has a one-year low of $119.90 and a one-year high of $194.02. The stock’s fifty-day moving average is $184.08 and its two-hundred-day moving average is $172.55.

Universal Health Services (NYSE:UHS – Get Free Report) last released its earnings results on Wednesday, April 24. The healthcare services provider reported $3.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.14 by $0.56. The company had revenue of $3.84 billion for the quarter, compared to analysts’ expectations of $3.78 billion. Universal Health Services had a return on equity of 13.34% and a net margin of 5.57%. The company’s quarterly revenue increased by 10.8% compared to the year-ago quarter. In the same period last year, the company posted earnings per share of $2.34. On average, research analysts predict that Universal Health Services, Inc. will post 13.83 EPS for the current year.

Universal Health Services Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 17th. Shareholders of record on Tuesday, September 3rd will receive a dividend of $0.20. This represents an annualized dividend of $0.80 and a yield of 0.44%. The ex-dividend date for this dividend is Tuesday, September 3rd. Universal Health Services’ payout ratio is 6.78%.

Analysts set new price targets

UHS has been the subject of a number of recent analyst reports. Barclays raised their price target on shares of Universal Health Services from $189.00 to $198.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 10th. StockNews.com raised shares of Universal Health Services from a “buy” rating to a “strong buy” rating in a research report on Wednesday. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Universal Health Services from $208.00 to $203.00 and set a “buy” rating for the company in a research report on Friday, April 12th. Royal Bank of Canada raised their price target on shares of Universal Health Services from $183.00 to $189.00 and gave the stock a “sector perform” rating in a research report on Tuesday, May 7th. Finally, Baird RW raised shares of Universal Health Services from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, June 26th. One analyst has rated the stock with a sell rating, five have given a hold rating, seven have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $194.21.

View our latest stock analysis on universal health services

Profile of Universal Health Services

(Free Report)

Universal Health Services, Inc., through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities. It operates through the Acute Care Hospital Services and Behavioral Health Care Services segments. The Company’s hospitals provide general and specialty surgery, internal medicine, obstetrics, emergency medicine, radiology, oncology, diagnostic and coronary care, pediatric services, pharmacy services, and/or behavioral health care services.

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Would you like to know which other hedge funds have UHS in their portfolio? Visit HoldingsChannel.com for the latest 13F filings and insider transactions for Universal Health Services, Inc. (NYSE:UHS – Free Report).

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