American Century Companies Inc. Acquires 4,932 Shares of Universal Health Services, Inc. $UHS

American Century Companies Inc. boosted its holdings in Universal Health Services, Inc. (NYSE:UHSFree Report) by 0.8% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 639,524 shares of the health services provider’s stock after buying an additional 4,932 shares during the quarter. American Century Companies Inc. owned approximately 0.98% of Universal Health Services worth $115,850,000 at the end of the most recent reporting period.

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

Wall Street Analyst Weigh In

UHS has been the subject of several research analyst reports. Morgan Stanley set a $233.00 price target on shares of Universal Health Services in a report on Wednesday, October 29th. Guggenheim upped their target price on Universal Health Services from $227.00 to $253.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. Mizuho set a $242.00 target price on Universal Health Services in a research report on Tuesday, October 28th. Wells Fargo & Company boosted their price target on Universal Health Services from $249.00 to $259.00 and gave the stock an “overweight” rating in a report on Thursday, November 13th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Universal Health Services in a research note on Wednesday, November 19th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $233.87.

Check Out Our Latest Research Report on UHS

Universal Health Services Price Performance

Universal Health Services stock opened at $236.76 on Tuesday. The stock’s 50 day moving average is $211.31 and its 200 day moving average is $190.92. Universal Health Services, Inc. has a one year low of $152.33 and a one year high of $239.88. The firm has a market cap of $14.79 billion, a P/E ratio of 11.25, a P/E/G ratio of 0.80 and a beta of 1.33. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.03 and a quick ratio of 1.19.

Universal Health Services (NYSE:UHSGet Free Report) last released its quarterly earnings results on Tuesday, October 28th. The health services provider reported $5.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.66 by $1.03. The firm had revenue of $4.50 billion during the quarter, compared to analyst estimates of $4.32 billion. Universal Health Services had a net margin of 8.09% and a return on equity of 19.47%. The company’s revenue was up 13.4% compared to the same quarter last year. During the same quarter last year, the business earned $3.71 EPS. 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 company also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Monday, December 1st will be paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Monday, December 1st. Universal Health Services’s dividend payout ratio (DPR) is currently 3.80%.

Insider Buying and Selling at Universal Health Services

In other news, Director Warren J. Nimetz sold 3,817 shares of Universal Health Services stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $223.30, for a total value of $852,336.10. Following the completion of the transaction, 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. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Elliot J. Md Mba Sussman sold 965 shares of the company’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 sale, the director owned 6,113 shares in the company, valued at approximately $1,379,704.10. The trade was a 13.63% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 16.40% of the stock is owned by insiders.

Universal Health Services Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Universal Health Services (NYSE:UHS)

Receive News & Ratings for Universal Health Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Universal Health Services and related companies with MarketBeat.com's FREE daily email newsletter.