Envestnet Portfolio Solutions Inc. Boosts Stock Holdings in Universal Health Services, Inc. $UHS

Envestnet Portfolio Solutions Inc. boosted its position in Universal Health Services, Inc. (NYSE:UHS) by 41.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 45,943 shares of the health services provider’s stock after purchasing an additional 13,417 shares during the period. Envestnet Portfolio Solutions Inc. owned about 0.07% of Universal Health Services worth $9,393,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in UHS. Invesco Ltd. lifted its holdings in shares of Universal Health Services by 11.1% in the 2nd quarter. Invesco Ltd. now owns 1,461,198 shares of the health services provider’s stock valued at $264,696,000 after buying an additional 145,730 shares during the period. Massachusetts Financial Services Co. MA raised its position in Universal Health Services by 3.5% in the second quarter. Massachusetts Financial Services Co. MA now owns 926,669 shares of the health services provider’s stock worth $167,866,000 after acquiring an additional 31,201 shares in the last quarter. American Century Companies Inc. lifted its holdings in Universal Health Services by 0.8% in the second quarter. American Century Companies Inc. now owns 639,524 shares of the health services provider’s stock valued at $115,850,000 after acquiring an additional 4,932 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of Universal Health Services during the 2nd quarter worth $87,373,000. Finally, Norges Bank purchased a new stake in shares of Universal Health Services during the 2nd quarter worth $83,333,000. Hedge funds and other institutional investors own 86.05% of the company’s stock.

Analyst Upgrades and Downgrades

UHS has been the subject of a number of research analyst reports. Wells Fargo & Company reiterated an “equal weight” rating and issued a $235.00 price target (down previously from $259.00) on shares of Universal Health Services in a report on Wednesday, January 7th. Weiss Ratings restated a “buy (b)” rating on shares of Universal Health Services in a research report on Monday, December 29th. TD Cowen reduced their price target on shares of Universal Health Services from $251.00 to $245.00 and set a “buy” rating for the company in a research report on Wednesday, January 7th. Barclays dropped their price objective on Universal Health Services from $263.00 to $262.00 and set an “overweight” rating for the company in a research note on Thursday. Finally, UBS Group reaffirmed a “buy” rating on shares of Universal Health Services in a report on Thursday, January 15th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $234.13.

Universal Health Services Stock Down 0.3%

UHS stock opened at $205.03 on Friday. The company has a 50 day moving average price of $222.12 and a two-hundred day moving average price of $202.15. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.96 and a current ratio of 1.03. The stock has a market capitalization of $12.81 billion, a P/E ratio of 9.74, a PEG ratio of 0.64 and a beta of 1.28. Universal Health Services, Inc. has a one year low of $152.33 and a one year high of $246.32.

Universal Health Services (NYSE:UHS) last posted its quarterly earnings data on Tuesday, October 28th. The health services provider reported $5.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.66 by $1.03. The business had revenue of $4.50 billion for 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 business’s revenue was up 13.4% on a year-over-year basis. During the same quarter last year, the firm earned $3.71 earnings per share. As a group, sell-side analysts expect that Universal Health Services, Inc. will post 15.92 EPS for the current year.

Universal Health Services Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 1st were issued a $0.20 dividend. The ex-dividend date was Monday, December 1st. This represents a $0.80 annualized dividend and a yield of 0.4%. Universal Health Services’s payout ratio is 3.80%.

Insider Activity

In other news, Director Elliot J. Md Mba Sussman sold 965 shares of the company’s stock in a transaction dated Wednesday, October 29th. The shares were 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 of the company’s stock, valued at $1,379,704.10. This represents a 13.63% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Warren J. Nimetz sold 3,817 shares of the firm’s stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $223.30, for a total transaction of $852,336.10. Following the completion of the sale, the director directly owned 8,481 shares in the company, valued at $1,893,807.30. This represents a 31.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 16.40% of the stock is owned by insiders.

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.