Pegasus Partners Ltd. cut its holdings in shares of Universal Health Services, Inc. (NYSE:UHS) by 34.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 27,967 shares of the health services provider’s stock after selling 14,577 shares during the quarter. Pegasus Partners Ltd.’s holdings in Universal Health Services were worth $3,170,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Advisor Group Inc. raised its stake in shares of Universal Health Services by 198.0% in the second quarter. Advisor Group Inc. now owns 1,812 shares of the health services provider’s stock valued at $220,000 after purchasing an additional 1,204 shares in the last quarter. Royal Bank of Canada raised its stake in shares of Universal Health Services by 8.8% in the second quarter. Royal Bank of Canada now owns 22,919 shares of the health services provider’s stock valued at $2,797,000 after purchasing an additional 1,853 shares in the last quarter. Nomura Holdings Inc. acquired a new position in shares of Universal Health Services in the second quarter valued at $922,000. Sterling Capital Management LLC raised its stake in shares of Universal Health Services by 14.8% in the second quarter. Sterling Capital Management LLC now owns 6,212 shares of the health services provider’s stock valued at $758,000 after purchasing an additional 801 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd acquired a new position in shares of Universal Health Services in the second quarter valued at $608,000. Institutional investors own 86.04% of the company’s stock.

Universal Health Services, Inc. (UHS) opened at $115.61 on Tuesday. 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, Inc. has a 12 month low of $95.26 and a 12 month high of $129.74. The stock has a market capitalization of $10,941.11, a price-to-earnings ratio of 15.41, a price-to-earnings-growth ratio of 2.32 and a beta of 0.88.

Universal Health Services declared that its board has initiated a stock repurchase program on Wednesday, November 15th that authorizes the company to buyback $400.00 million in shares. This buyback authorization authorizes the health services provider to repurchase shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board of directors believes its stock is undervalued.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Thursday, March 1st will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, February 28th. This represents a $0.40 annualized dividend and a yield of 0.35%. Universal Health Services’s dividend payout ratio is currently 5.49%.

A number of research analysts recently commented on the company. BMO Capital Markets assumed coverage on Universal Health Services in a research note on Monday, October 16th. They issued an “outperform” rating and a $125.00 target price for the company. Wells Fargo & Co assumed coverage on Universal Health Services in a research note on Tuesday, January 30th. They issued an “outperform” rating and a $144.00 target price for the company. Royal Bank of Canada restated a “buy” rating and issued a $126.00 target price on shares of Universal Health Services in a research note on Friday, October 27th. Zacks Investment Research upgraded Universal Health Services from a “hold” rating to a “buy” rating and set a $135.00 target price for the company in a research note on Wednesday, January 31st. Finally, Credit Suisse Group assumed coverage on Universal Health Services in a research note on Thursday, November 2nd. They issued an “outperform” rating and a $126.00 target price for the company. One investment analyst has rated the stock with a sell rating, three have given a hold rating and thirteen have issued a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $131.20.

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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.

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

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