Envestnet Asset Management Inc. Has $15.11 Million Position in Universal Health Services, Inc. (NYSE:UHS)

Envestnet Asset Management Inc. boosted its holdings in shares of Universal Health Services, Inc. (NYSE:UHS) by 20.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 80,408 shares of the health services provider’s stock after buying an additional 13,413 shares during the period. Envestnet Asset Management Inc. owned about 0.12% of Universal Health Services worth $15,109,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. D. E. Shaw & Co. Inc. lifted its position in shares of Universal Health Services by 99.2% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 12,450 shares of the health services provider’s stock worth $2,234,000 after buying an additional 6,200 shares during the period. Cetera Investment Advisers lifted its position in shares of Universal Health Services by 30.6% during the 4th quarter. Cetera Investment Advisers now owns 12,858 shares of the health services provider’s stock worth $2,307,000 after buying an additional 3,011 shares during the period. SG Americas Securities LLC bought a new position in shares of Universal Health Services during the 1st quarter worth approximately $1,141,000. CX Institutional bought a new position in shares of Universal Health Services during the 1st quarter worth approximately $74,000. Finally, Janney Montgomery Scott LLC lifted its position in shares of Universal Health Services by 15.2% during the 1st quarter. Janney Montgomery Scott LLC now owns 10,730 shares of the health services provider’s stock worth $2,016,000 after buying an additional 1,415 shares during the period. Institutional investors and hedge funds own 86.05% of the company’s stock.

Insider Activity at Universal Health Services

In related news, Director Maria Ruderman Singer sold 1,097 shares of Universal Health Services 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 directly owned 7,884 shares of the company’s stock, valued at $1,509,628.32. The trade was a 12.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 16.40% of the stock is currently owned by company insiders.

Universal Health Services Trading Down 1.1%

UHS stock opened at $168.99 on Friday. The company has a market cap of $10.98 billion, a P/E ratio of 9.48, a PEG ratio of 0.75 and a beta of 1.28. Universal Health Services, Inc. has a twelve month low of $153.99 and a twelve month high of $243.25. The company has a quick ratio of 1.23, a current ratio of 1.32 and a debt-to-equity ratio of 0.67. The business has a fifty day moving average of $182.99 and a 200-day moving average of $181.38.

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

Universal Health Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd will be paid a dividend of $0.20 per share. The ex-dividend date is Tuesday, September 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 (DPR) is presently 4.49%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on UHS. Morgan Stanley began coverage on Universal Health Services in a research report on Wednesday, March 26th. They set an “equal weight” rating and a $200.00 target price for the company. Guggenheim began coverage on Universal Health Services in a research report on Wednesday, April 9th. They issued a “buy” rating and a $208.00 price objective for the company. Bank of America downgraded Universal Health Services from a “neutral” rating to an “underperform” rating and cut their price objective for the company from $215.00 to $185.00 in a research report on Wednesday. Stephens upgraded Universal Health Services to a “hold” rating in a research report on Monday, June 2nd. Finally, Royal Bank Of Canada cut their price objective on Universal Health Services from $211.00 to $201.00 and set a “sector perform” rating for the company in a research report on Wednesday, April 30th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $221.85.

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.