LSV Asset Management Sells 20,635 Shares of Universal Health Services, Inc. $UHS

LSV Asset Management lessened its holdings in shares of Universal Health Services, Inc. (NYSE:UHS) by 2.7% in the third quarter, HoldingsChannel.com reports. The firm owned 752,786 shares of the health services provider’s stock after selling 20,635 shares during the period. LSV Asset Management’s holdings in Universal Health Services were worth $153,900,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. NewEdge Advisors LLC grew its holdings in shares of Universal Health Services by 2.7% during the first quarter. NewEdge Advisors LLC now owns 2,665 shares of the health services provider’s stock valued at $501,000 after buying an additional 69 shares during the last quarter. United Services Automobile Association bought a new position in Universal Health Services in the 1st quarter valued at about $235,000. Focus Partners Wealth boosted its stake in Universal Health Services by 80.6% during the 1st quarter. Focus Partners Wealth now owns 2,631 shares of the health services provider’s stock valued at $494,000 after purchasing an additional 1,174 shares during the last quarter. IFP Advisors Inc increased its holdings in Universal Health Services by 17.6% during the 2nd quarter. IFP Advisors Inc now owns 1,546 shares of the health services provider’s stock worth $280,000 after purchasing an additional 231 shares in the last quarter. Finally, Aberdeen Group plc raised its stake in shares of Universal Health Services by 3.8% in the second quarter. Aberdeen Group plc now owns 29,418 shares of the health services provider’s stock worth $5,329,000 after purchasing an additional 1,066 shares during the last quarter. Institutional investors and hedge funds own 86.05% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the company. Mizuho set a $242.00 target price on Universal Health Services in a research report on Tuesday, October 28th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Universal Health Services in a report on Thursday, October 30th. Morgan Stanley set a $233.00 target price on shares of Universal Health Services in a research note on Wednesday, October 29th. Weiss Ratings reiterated a “buy (b)” rating on shares of Universal Health Services in a report on Monday, December 29th. Finally, Raymond James Financial set a $270.00 price target on shares of Universal Health Services and gave the company an “outperform” rating in a research report on Monday, November 3rd. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $234.13.

Universal Health Services Trading Up 8.4%

Shares of Universal Health Services stock opened at $230.69 on Thursday. The firm has a market cap of $14.41 billion, a PE ratio of 10.96, a P/E/G ratio of 0.67 and a beta of 1.26. Universal Health Services, Inc. has a 1 year low of $152.33 and a 1 year high of $246.32. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.03 and a quick ratio of 0.96. The stock has a fifty day moving average price of $215.26 and a 200-day moving average price of $205.73.

Universal Health Services Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 1st were given a $0.20 dividend. The ex-dividend date of this dividend was Monday, December 1st. This represents a $0.80 annualized dividend and a yield of 0.3%. Universal Health Services’s payout ratio is currently 3.80%.

About Universal Health Services

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.