First Eagle Investment Management LLC Sells 307,588 Shares of Universal Health Services, Inc. $UHS

First Eagle Investment Management LLC lowered its stake in Universal Health Services, Inc. (NYSE:UHS) by 6.7% during the 4th quarter, HoldingsChannel.com reports. The fund owned 4,313,583 shares of the health services provider’s stock after selling 307,588 shares during the quarter. Universal Health Services makes up 1.7% of First Eagle Investment Management LLC’s portfolio, making the stock its 22nd biggest holding. First Eagle Investment Management LLC owned approximately 0.07% of Universal Health Services worth $940,447,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the stock. Stephens Inc. AR boosted its holdings in Universal Health Services by 4.2% in the third quarter. Stephens Inc. AR now owns 1,250 shares of the health services provider’s stock valued at $256,000 after acquiring an additional 50 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in Universal Health Services by 3.3% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 1,794 shares of the health services provider’s stock valued at $367,000 after buying an additional 58 shares during the period. Avanza Fonder AB grew its position in shares of Universal Health Services by 6.1% in the 4th quarter. Avanza Fonder AB now owns 1,027 shares of the health services provider’s stock worth $224,000 after buying an additional 59 shares during the period. Resonant Capital Advisors LLC grew its position in shares of Universal Health Services by 1.6% in the 4th quarter. Resonant Capital Advisors LLC now owns 3,859 shares of the health services provider’s stock worth $841,000 after buying an additional 60 shares during the period. Finally, Bessemer Group Inc. grew its position in shares of Universal Health Services by 3.1% in the 3rd quarter. Bessemer Group Inc. now owns 2,217 shares of the health services provider’s stock worth $453,000 after buying an additional 66 shares during the period. Institutional investors own 86.05% of the company’s stock.

Universal Health Services Price Performance

UHS opened at $168.23 on Tuesday. The stock has a 50-day moving average price of $183.27 and a 200-day moving average price of $207.74. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.08 and a quick ratio of 1.01. The firm has a market cap of $10.28 billion, a PE ratio of 7.01, a P/E/G ratio of 0.81 and a beta of 1.13. Universal Health Services, Inc. has a 1 year low of $152.33 and a 1 year high of $246.32.

Universal Health Services (NYSE:UHS) last posted its quarterly earnings results on Tuesday, April 28th. The health services provider reported $5.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.41 by $0.21. The firm had revenue of $4.50 billion during the quarter, compared to analyst estimates of $4.39 billion. Universal Health Services had a return on equity of 19.57% and a net margin of 8.56%.Universal Health Services’s quarterly revenue was up 9.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $4.84 EPS. Sell-side analysts predict that Universal Health Services, Inc. will post 23.34 earnings per share for the current fiscal year.

Universal Health Services Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 2nd were given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Monday, March 2nd. Universal Health Services’s payout ratio is currently 3.33%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Wells Fargo & Company reduced their target price on shares of Universal Health Services from $235.00 to $212.00 and set an “equal weight” rating on the stock in a research report on Monday, March 2nd. Zacks Research downgraded shares of Universal Health Services from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 2nd. Weiss Ratings downgraded shares of Universal Health Services from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, April 17th. Robert W. Baird reduced their target price on shares of Universal Health Services from $241.00 to $204.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 29th. Finally, Barclays reduced their target price on shares of Universal Health Services from $268.00 to $238.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 28th. Six analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $220.94.

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.