Universal Health Services, Inc. $UHS Shares Sold by Moran Wealth Management LLC

Moran Wealth Management LLC lessened its position in Universal Health Services, Inc. (NYSE:UHS) by 32.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 33,675 shares of the health services provider’s stock after selling 16,294 shares during the quarter. Moran Wealth Management LLC owned about 0.05% of Universal Health Services worth $6,885,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. CYBER HORNET ETFs LLC purchased a new position in Universal Health Services in the 2nd quarter valued at $29,000. MUFG Securities EMEA plc purchased a new stake in shares of Universal Health Services during the second quarter worth $31,000. First Horizon Advisors Inc. raised its position in shares of Universal Health Services by 347.6% in the second quarter. First Horizon Advisors Inc. now owns 188 shares of the health services provider’s stock valued at $34,000 after buying an additional 146 shares during the last quarter. Huntington National Bank lifted its stake in shares of Universal Health Services by 240.0% in the second quarter. Huntington National Bank now owns 204 shares of the health services provider’s stock worth $37,000 after buying an additional 144 shares in the last quarter. Finally, Mather Group LLC. purchased a new position in shares of Universal Health Services in the third quarter worth about $40,000. 86.05% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Universal Health Services

In other news, Director Warren J. Nimetz sold 3,817 shares of the business’s stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $223.30, for a total value of $852,336.10. Following the sale, the director directly owned 8,481 shares of the company’s stock, valued at approximately $1,893,807.30. The trade was a 31.04% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Elliot J. Md Mba Sussman sold 965 shares of the company’s stock in a transaction that occurred on Wednesday, October 29th. The stock was sold at an average price of $225.70, for a total transaction of $217,800.50. Following the completion of the transaction, the director owned 6,113 shares in the company, valued at approximately $1,379,704.10. This represents a 13.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 16.40% of the stock is owned by company insiders.

Analysts Set New Price Targets

UHS has been the subject of a number of recent research reports. Wall Street Zen upgraded shares of Universal Health Services from a “buy” rating to a “strong-buy” rating in a report on Saturday, October 11th. Royal Bank Of Canada restated a “sector perform” rating on shares of Universal Health Services in a research report on Thursday, October 30th. TD Cowen cut their price target on Universal Health Services from $251.00 to $245.00 and set a “buy” rating for the company in a report on Wednesday. Weiss Ratings reiterated a “buy (b)” rating on shares of Universal Health Services in a research report on Monday, December 29th. Finally, Wells Fargo & Company restated an “equal weight” rating and issued a $235.00 target price (down from $259.00) on shares of Universal Health Services in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Universal Health Services currently has a consensus rating of “Hold” and an average target price of $234.20.

Universal Health Services Price Performance

NYSE:UHS opened at $211.22 on Friday. Universal Health Services, Inc. has a 52 week low of $152.33 and a 52 week high of $246.32. The company has a quick ratio of 0.96, a current ratio of 1.03 and a debt-to-equity ratio of 0.55. The company has a market capitalization of $13.20 billion, a P/E ratio of 10.03, a P/E/G ratio of 0.65 and a beta of 1.28. The stock’s fifty day moving average is $226.95 and its two-hundred day moving average is $200.60.

Universal Health Services (NYSE:UHS) last released its quarterly earnings results on Tuesday, October 28th. The health services provider reported $5.69 earnings per share for the quarter, topping analysts’ consensus estimates of $4.66 by $1.03. The business had revenue of $4.50 billion during the quarter, compared to analysts’ expectations of $4.32 billion. Universal Health Services had a return on equity of 19.47% and a net margin of 8.09%.The company’s revenue was up 13.4% compared to the same quarter last year. During the same period in the prior year, the business posted $3.71 EPS. Equities analysts expect that Universal Health Services, Inc. will post 15.92 EPS for the current year.

Universal Health Services Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 1st were given a dividend of $0.20 per share. The ex-dividend date was Monday, December 1st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.4%. Universal Health Services’s dividend payout ratio (DPR) is currently 3.80%.

Universal Health Services Company Profile

Universal Health Services, Inc (NYSE: UHS) is one of the largest diversified health care management companies in the United States, offering a broad spectrum of services through its acute care hospital and behavioral health segments. The company operates general acute care hospitals, surgical hospitals and ambulatory centers, as well as inpatient and outpatient behavioral health facilities. Its network provides emergency and specialized medicine, diagnostic imaging, laboratory services, advanced surgical care and rehabilitation, complemented by a comprehensive array of behavioral services including psychiatric treatment, addiction programs and developmental disabilities care.

In the acute care segment, UHS’s facilities deliver services ranging from emergency department treatment and intensive care to maternity care and outpatient surgery.