Comerica Bank boosted its stake in Universal Health Services, Inc. (NYSE:UHS) by 7.5% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 98,370 shares of the health services provider’s stock after purchasing an additional 6,845 shares during the period. Comerica Bank owned about 0.10% of Universal Health Services worth $10,061,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of UHS. Creative Planning grew its holdings in Universal Health Services by 2.4% during the 2nd quarter. Creative Planning now owns 1,152 shares of the health services provider’s stock worth $141,000 after acquiring an additional 27 shares during the period. Grove Bank & Trust grew its holdings in Universal Health Services by 262.4% during the 2nd quarter. Grove Bank & Trust now owns 1,196 shares of the health services provider’s stock worth $146,000 after acquiring an additional 866 shares during the period. First Mercantile Trust Co. acquired a new stake in Universal Health Services during the 2nd quarter worth about $150,000. Seven Bridges Advisors LLC acquired a new stake in Universal Health Services during the 2nd quarter worth about $158,000. Finally, Stratos Wealth Partners LTD. grew its holdings in Universal Health Services by 1.3% during the 2nd quarter. Stratos Wealth Partners LTD. now owns 1,644 shares of the health services provider’s stock worth $201,000 after acquiring an additional 21 shares during the period. Institutional investors and hedge funds own 85.14% of the company’s stock.

A number of brokerages have weighed in on UHS. Credit Suisse Group decreased their price target on Universal Health Services from $126.00 to $125.00 and set an “outperform” rating for the company in a report on Friday, November 10th. Royal Bank Of Canada reiterated a “buy” rating and set a $126.00 price target on shares of Universal Health Services in a report on Friday, October 27th. Citigroup Inc. decreased their price target on Universal Health Services from $126.00 to $114.00 and set a “neutral” rating for the company in a report on Friday, October 27th. Piper Jaffray Companies reiterated a “buy” rating and set a $117.00 price target on shares of Universal Health Services in a report on Friday, October 27th. Finally, Robert W. Baird reiterated a “buy” rating and set a $122.00 price target on shares of Universal Health Services in a report on Friday, October 27th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and ten have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $126.31.

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Shares of Universal Health Services, Inc. (UHS) traded down $1.14 during midday trading on Friday, reaching $97.22. 688,757 shares of the company traded hands, compared to its average volume of 1,090,000. Universal Health Services, Inc. has a twelve month low of $95.26 and a twelve month high of $129.74. The company has a market cap of $9,120.00, a PE ratio of 12.97, a price-to-earnings-growth ratio of 2.21 and a beta of 0.95. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.16 and a current ratio of 1.26.

Universal Health Services (NYSE:UHS) last announced its quarterly earnings results on Wednesday, October 25th. The health services provider reported $1.49 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.76 by ($0.27). Universal Health Services had a net margin of 6.90% and a return on equity of 15.13%. The business had revenue of $2.51 billion during the quarter, compared to the consensus estimate of $2.60 billion. During the same period in the previous year, the business posted $1.60 EPS. Universal Health Services’s revenue was up 4.4% compared to the same quarter last year. equities analysts predict that Universal Health Services, Inc. will post 7.36 EPS for the current fiscal year.

Universal Health Services declared that its Board of Directors has authorized a stock buyback plan on Wednesday, November 15th that allows the company to repurchase $400.00 million in outstanding shares. This repurchase authorization allows the health services provider to buy shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company’s board believes its shares are undervalued.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 1st will be given a $0.10 dividend. The ex-dividend date is Thursday, November 30th. This represents a $0.40 annualized dividend and a yield of 0.41%. Universal Health Services’s payout ratio is 5.50%.

Universal Health Services Profile

Universal Health Services, Inc is a holding company. The Company’s principal business is owning and operating, through its subsidiaries, acute care hospitals and outpatient facilities, and behavioral healthcare facilities. The Company’s segments include Acute Care Hospital Services, Behavioral Health Services and Other.

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

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