Yousif Capital Management LLC Sells 141 Shares of Universal Health Services, Inc. (NYSE:UHS)

Yousif Capital Management LLC lessened its stake in shares of Universal Health Services, Inc. (NYSE:UHS) by 2.1% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,454 shares of the health services provider’s stock after selling 141 shares during the period. Yousif Capital Management LLC’s holdings in Universal Health Services were worth $1,213,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of UHS. Allspring Global Investments Holdings LLC grew its holdings in shares of Universal Health Services by 22.5% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 54,105 shares of the health services provider’s stock worth $9,721,000 after acquiring an additional 9,946 shares during the period. V Square Quantitative Management LLC lifted its position in shares of Universal Health Services by 8.0% in the fourth quarter. V Square Quantitative Management LLC now owns 1,133 shares of the health services provider’s stock valued at $203,000 after acquiring an additional 84 shares in the last quarter. Principal Securities Inc. lifted its position in shares of Universal Health Services by 26.9% in the fourth quarter. Principal Securities Inc. now owns 2,360 shares of the health services provider’s stock valued at $423,000 after acquiring an additional 501 shares in the last quarter. Allworth Financial LP lifted its position in shares of Universal Health Services by 4,850.0% in the fourth quarter. Allworth Financial LP now owns 3,267 shares of the health services provider’s stock valued at $611,000 after acquiring an additional 3,201 shares in the last quarter. Finally, CIBC Asset Management Inc lifted its position in shares of Universal Health Services by 3.6% in the fourth quarter. CIBC Asset Management Inc now owns 8,988 shares of the health services provider’s stock valued at $1,613,000 after acquiring an additional 314 shares in the last quarter. Institutional investors own 86.05% of the company’s stock.

Universal Health Services Trading Up 0.9%

Shares of NYSE UHS opened at $171.92 on Wednesday. The business’s 50 day moving average is $181.22 and its two-hundred day moving average is $182.47. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.32 and a quick ratio of 1.23. Universal Health Services, Inc. has a 1-year low of $153.99 and a 1-year high of $243.25. The stock has a market capitalization of $11.17 billion, a P/E ratio of 9.65, a PEG ratio of 0.70 and a beta of 1.31.

Universal Health Services (NYSE:UHS) last issued its quarterly earnings data on Monday, April 28th. The health services provider reported $4.84 earnings per share for the quarter, topping the consensus estimate of $4.36 by $0.48. The company had revenue of $4.10 billion for the quarter, compared to analysts’ expectations of $4.16 billion. Universal Health Services had a return on equity of 17.79% and a net margin of 7.44%. The firm’s revenue for the quarter was up 6.7% on a year-over-year basis. During the same period in the previous year, the firm posted $3.70 earnings per share. As a group, research analysts expect that Universal Health Services, Inc. will post 15.92 EPS for the current year.

Universal Health Services Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 16th. Stockholders of record on Monday, June 2nd were paid a dividend of $0.20 per share. The ex-dividend date of this dividend was Monday, June 2nd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.47%. Universal Health Services’s dividend payout ratio is 4.49%.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Guggenheim initiated coverage on Universal Health Services in a research report on Wednesday, April 9th. They issued a “buy” rating and a $208.00 price objective on the stock. Robert W. Baird reaffirmed a “neutral” rating and issued a $224.00 target price (down from $274.00) on shares of Universal Health Services in a report on Tuesday, April 15th. Wells Fargo & Company reduced their target price on Universal Health Services from $230.00 to $225.00 and set an “overweight” rating on the stock in a report on Monday, March 10th. Morgan Stanley initiated coverage on Universal Health Services in a report on Wednesday, March 26th. They issued an “equal weight” rating and a $200.00 target price on the stock. Finally, Barclays lifted their target price on Universal Health Services from $249.00 to $257.00 and gave the stock an “overweight” rating in a report on Tuesday, April 29th. Nine analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $224.77.

Insider Activity

In other Universal Health Services news, Director Maria Ruderman Singer sold 1,097 shares of the company’s stock in a transaction on Wednesday, May 14th. The stock was sold at an average price of $191.48, for a total transaction of $210,053.56. Following the completion of the sale, the director now owns 7,884 shares in the company, valued at $1,509,628.32. This represents a 12.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 16.40% of the company’s stock.

Universal Health Services 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.