Pzena Investment Management LLC Grows Stock Holdings in Universal Health Services, Inc. $UHS

Pzena Investment Management LLC raised its holdings in shares of Universal Health Services, Inc. (NYSE:UHS) by 310.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,607,029 shares of the health services provider’s stock after purchasing an additional 1,215,286 shares during the quarter. Universal Health Services accounts for about 1.1% of Pzena Investment Management LLC’s portfolio, making the stock its 29th largest position. Pzena Investment Management LLC owned about 2.53% of Universal Health Services worth $328,541,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. SBI Securities Co. Ltd. grew its position in Universal Health Services by 320.0% in the third quarter. SBI Securities Co. Ltd. now owns 126 shares of the health services provider’s stock worth $26,000 after acquiring an additional 96 shares in the last quarter. Root Financial Partners LLC bought a new stake in shares of Universal Health Services in the 3rd quarter valued at approximately $28,000. CYBER HORNET ETFs LLC purchased a new position in shares of Universal Health Services in the 2nd quarter worth approximately $29,000. MUFG Securities EMEA plc bought a new position in shares of Universal Health Services during the 2nd quarter valued at approximately $31,000. Finally, Quent Capital LLC bought a new position in shares of Universal Health Services during the 3rd quarter valued at approximately $37,000. 86.05% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Cantor Fitzgerald raised their price target on Universal Health Services from $227.00 to $250.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 29th. Wells Fargo & Company reissued an “equal weight” rating and issued a $235.00 target price (down previously from $259.00) on shares of Universal Health Services in a research note on Wednesday, January 7th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Universal Health Services in a research note on Thursday, October 30th. Mizuho set a $242.00 price target on shares of Universal Health Services in a report on Tuesday, October 28th. Finally, Guggenheim raised their price objective on shares of Universal Health Services from $253.00 to $274.00 and gave the stock a “buy” rating in a research note on Tuesday, December 2nd. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Universal Health Services currently has a consensus rating of “Hold” and an average price target of $234.13.

Universal Health Services Trading Up 0.0%

Shares of UHS opened at $235.13 on Thursday. The firm has a market capitalization of $14.69 billion, a price-to-earnings ratio of 11.17, a PEG ratio of 0.74 and a beta of 1.26. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.03 and a quick ratio of 0.96. Universal Health Services, Inc. has a 1-year low of $152.33 and a 1-year high of $246.32. The company has a 50-day moving average of $216.01 and a 200 day moving average of $208.25.

Universal Health Services Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 2nd will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $0.80 dividend on an annualized basis and a yield of 0.3%. Universal Health Services’s payout ratio is 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.