Zurcher Kantonalbank Zurich Cantonalbank Has $2.26 Million Stock Holdings in Universal Health Services, Inc. (NYSE:UHS)

Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Universal Health Services, Inc. (NYSE:UHS) by 39.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 14,855 shares of the health services provider’s stock after buying an additional 4,174 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Universal Health Services were worth $2,264,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. EverSource Wealth Advisors LLC increased its holdings in Universal Health Services by 42.8% in the third quarter. EverSource Wealth Advisors LLC now owns 267 shares of the health services provider’s stock valued at $34,000 after purchasing an additional 80 shares during the last quarter. Platinum Investment Management Ltd. increased its stake in shares of Universal Health Services by 16.9% in the 3rd quarter. Platinum Investment Management Ltd. now owns 727 shares of the health services provider’s stock valued at $91,000 after acquiring an additional 105 shares during the last quarter. Tompkins Financial Corp acquired a new stake in shares of Universal Health Services in the 4th quarter valued at approximately $96,000. Van ECK Associates Corp raised its position in shares of Universal Health Services by 9.6% in the 3rd quarter. Van ECK Associates Corp now owns 1,004 shares of the health services provider’s stock valued at $126,000 after acquiring an additional 88 shares during the period. Finally, V Square Quantitative Management LLC acquired a new position in Universal Health Services during the third quarter valued at approximately $175,000. 86.05% of the stock is currently owned by institutional investors.

Universal Health Services Price Performance

Shares of UHS opened at $164.83 on Wednesday. The company has a 50 day moving average of $170.42 and a 200-day moving average of $152.92. The company has a quick ratio of 1.29, a current ratio of 1.40 and a debt-to-equity ratio of 0.77. The stock has a market capitalization of $11.08 billion, a P/E ratio of 16.07, a P/E/G ratio of 0.81 and a beta of 1.24. Universal Health Services, Inc. has a twelve month low of $119.90 and a twelve month high of $183.61.

Universal Health Services (NYSE:UHS) last released its earnings results on Tuesday, February 27th. The health services provider reported $3.13 earnings per share for the quarter, beating analysts’ consensus estimates of $3.02 by $0.11. Universal Health Services had a net margin of 5.03% and a return on equity of 12.08%. The business had revenue of $3.70 billion during the quarter, compared to the consensus estimate of $3.66 billion. During the same quarter last year, the firm earned $3.02 earnings per share. The firm’s revenue for the quarter was up 7.4% compared to the same quarter last year. As a group, equities research analysts forecast that Universal Health Services, Inc. will post 13.34 EPS for the current fiscal year.

Insider Activity at Universal Health Services

In related news, CFO Steve Filton sold 35,000 shares of the stock in a transaction that occurred on Friday, March 8th. The stock was sold at an average price of $176.82, for a total transaction of $6,188,700.00. Following the completion of the transaction, the chief financial officer now directly owns 68,785 shares of the company’s stock, valued at $12,162,563.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 16.10% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms have weighed in on UHS. Mizuho increased their target price on shares of Universal Health Services from $175.00 to $200.00 and gave the stock a “buy” rating in a report on Wednesday, March 6th. TD Cowen lifted their target price on Universal Health Services from $140.00 to $181.00 and gave the stock a “market perform” rating in a report on Friday, March 1st. Citigroup increased their price target on Universal Health Services from $170.00 to $193.00 and gave the stock a “buy” rating in a report on Thursday, February 29th. StockNews.com upgraded Universal Health Services from a “hold” rating to a “buy” rating in a report on Monday, January 8th. Finally, JPMorgan Chase & Co. boosted their price objective on Universal Health Services from $144.00 to $182.00 and gave the company a “neutral” rating in a research report on Wednesday, March 13th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $179.71.

Universal Health Services Company Profile

Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities. It operates through Acute Care Hospital Services and Behavioral Health Care Services segments. The company's hospitals offer general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic and coronary care, pediatric services, pharmacy services, and/or behavioral health services.