GAMMA Investing LLC Takes Position in Universal Health Services, Inc. (NYSE:UHS)

GAMMA Investing LLC acquired a new stake in Universal Health Services, Inc. (NYSE:UHS) in the 4th quarter, HoldingsChannel reports. The fund acquired 267 shares of the health services provider’s stock, valued at approximately $42,000.

Other institutional investors and hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. lifted its holdings in shares of Universal Health Services by 3.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,090,010 shares of the health services provider’s stock valued at $137,047,000 after buying an additional 37,243 shares during the period. UBS Group AG grew its position in shares of Universal Health Services by 51.2% in the third quarter. UBS Group AG now owns 62,949 shares of the health services provider’s stock valued at $7,915,000 after purchasing an additional 21,325 shares in the last quarter. Lazard Asset Management LLC grew its position in shares of Universal Health Services by 4,622.3% in the third quarter. Lazard Asset Management LLC now owns 16,906 shares of the health services provider’s stock valued at $2,125,000 after purchasing an additional 16,548 shares in the last quarter. Assenagon Asset Management S.A. grew its position in shares of Universal Health Services by 16.7% in the fourth quarter. Assenagon Asset Management S.A. now owns 53,239 shares of the health services provider’s stock valued at $8,116,000 after purchasing an additional 7,616 shares in the last quarter. Finally, Aigen Investment Management LP purchased a new stake in shares of Universal Health Services in the third quarter valued at approximately $466,000. Institutional investors and hedge funds own 86.05% of the company’s stock.

Insider Activity

In other news, CFO Steve Filton sold 35,000 shares of the stock in a transaction on Friday, March 8th. The stock was sold at an average price of $176.82, for a total value of $6,188,700.00. Following the sale, the chief financial officer now directly owns 68,785 shares in the company, valued at $12,162,563.70. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 16.10% of the company’s stock.

Universal Health Services Stock Down 1.3 %

Shares of NYSE UHS opened at $167.70 on Friday. The stock has a market cap of $11.27 billion, a P/E ratio of 14.21, a PEG ratio of 0.85 and a beta of 1.26. The company has a current ratio of 1.38, a quick ratio of 1.28 and a debt-to-equity ratio of 0.75. Universal Health Services, Inc. has a 12-month low of $119.90 and a 12-month high of $183.61. The business’s fifty day simple moving average is $171.17 and its 200-day simple moving average is $154.55.

Universal Health Services (NYSE:UHS) last announced its quarterly earnings data on Wednesday, April 24th. The health services provider reported $3.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.14 by $0.56. The business had revenue of $3.84 billion for the quarter, compared to analysts’ expectations of $3.78 billion. Universal Health Services had a return on equity of 13.34% and a net margin of 5.57%. The company’s revenue for the quarter was up 10.8% compared to the same quarter last year. During the same period last year, the firm earned $2.34 earnings per share. As a group, equities analysts predict that Universal Health Services, Inc. will post 13.51 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on UHS shares. Wells Fargo & Company increased their price objective on Universal Health Services from $195.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, March 28th. The Goldman Sachs Group increased their price objective on Universal Health Services from $170.00 to $189.00 and gave the stock a “buy” rating in a research report on Monday, March 4th. TD Cowen increased their price objective on Universal Health Services from $181.00 to $183.00 and gave the stock a “hold” rating in a research report on Tuesday. Citigroup increased their price objective on Universal Health Services from $170.00 to $193.00 and gave the stock a “buy” rating in a research report on Thursday, February 29th. Finally, StockNews.com upgraded Universal Health Services from a “hold” rating to a “buy” rating in a research report on Monday, January 8th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have given a buy rating to the stock. According to MarketBeat, Universal Health Services currently has a consensus rating of “Moderate Buy” and an average price target of $182.79.

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.