Universal Health Services, Inc. $UHS Shares Sold by Acadian Asset Management LLC

Acadian Asset Management LLC lowered its position in Universal Health Services, Inc. (NYSE:UHS) by 47.5% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 19,987 shares of the health services provider’s stock after selling 18,100 shares during the period. Acadian Asset Management LLC’s holdings in Universal Health Services were worth $3,618,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. Zions Bancorporation National Association UT purchased a new position in shares of Universal Health Services in the 1st quarter valued at about $30,000. First Horizon Advisors Inc. grew its holdings in Universal Health Services by 347.6% in the second quarter. First Horizon Advisors Inc. now owns 188 shares of the health services provider’s stock valued at $34,000 after purchasing an additional 146 shares during the period. Huntington National Bank increased its position in shares of Universal Health Services by 240.0% in the second quarter. Huntington National Bank now owns 204 shares of the health services provider’s stock valued at $37,000 after buying an additional 144 shares in the last quarter. Federated Hermes Inc. increased its position in shares of Universal Health Services by 89.7% in the first quarter. Federated Hermes Inc. now owns 258 shares of the health services provider’s stock valued at $48,000 after buying an additional 122 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its stake in shares of Universal Health Services by 22.9% during the 2nd quarter. Farther Finance Advisors LLC now owns 354 shares of the health services provider’s stock worth $64,000 after buying an additional 66 shares during the period. 86.05% of the stock is owned by hedge funds and other institutional investors.

Universal Health Services Stock Down 1.1%

Shares of NYSE:UHS opened at $224.97 on Friday. Universal Health Services, Inc. has a 52-week low of $152.33 and a 52-week high of $231.37. The stock has a market cap of $14.32 billion, a P/E ratio of 10.69, a PEG ratio of 0.80 and a beta of 1.33. The business has a fifty day moving average of $206.36 and a two-hundred day moving average of $188.68. The company has a quick ratio of 1.19, a current ratio of 1.03 and a debt-to-equity ratio of 0.55.

Universal Health Services (NYSE:UHS) last announced its quarterly earnings results on Tuesday, October 28th. The health services provider reported $5.69 earnings per share for the quarter, beating the consensus estimate of $4.66 by $1.03. Universal Health Services had a net margin of 8.09% and a return on equity of 19.47%. The firm had revenue of $4.50 billion for the quarter, compared to analysts’ expectations of $4.32 billion. During the same quarter in the previous year, the company posted $3.71 EPS. The company’s revenue was up 13.4% compared to the same quarter last year. On average, research analysts expect that Universal Health Services, Inc. will post 15.92 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms recently issued reports on UHS. Weiss Ratings reissued a “buy (b-)” rating on shares of Universal Health Services in a research note on Thursday. Robert W. Baird dropped their target price on shares of Universal Health Services from $243.00 to $203.00 and set a “neutral” rating on the stock in a research report on Thursday, August 14th. Wells Fargo & Company boosted their target price on shares of Universal Health Services from $249.00 to $259.00 and gave the stock an “overweight” rating in a research note on Thursday. Raymond James Financial set a $270.00 price target on shares of Universal Health Services and gave the company an “outperform” rating in a research note on Monday, November 3rd. Finally, Barclays lifted their price objective on Universal Health Services from $250.00 to $263.00 and gave the stock an “overweight” rating in a report on Tuesday, October 28th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $233.87.

Insider Activity

In other Universal Health Services news, Director Elliot J. Md Mba Sussman sold 965 shares of the business’s stock in a transaction dated Wednesday, October 29th. The shares were sold at an average price of $225.70, for a total value of $217,800.50. Following the transaction, the director directly owned 6,113 shares in the company, valued at $1,379,704.10. The trade was a 13.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Warren J. Nimetz sold 3,817 shares of the stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $223.30, for a total transaction of $852,336.10. Following the completion of the sale, the director directly owned 8,481 shares of the company’s stock, valued at approximately $1,893,807.30. This trade represents a 31.04% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 16.40% of the company’s stock.

About Universal Health Services

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.