Cetera Investment Advisers Has $2.80 Million Stake in Universal Health Services, Inc. $UHS

Cetera Investment Advisers boosted its position in shares of Universal Health Services, Inc. (NYSE:UHS) by 7.7% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 15,481 shares of the health services provider’s stock after purchasing an additional 1,112 shares during the period. Cetera Investment Advisers’ holdings in Universal Health Services were worth $2,804,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of UHS. Wealth Enhancement Advisory Services LLC boosted its position in Universal Health Services by 16.6% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 10,029 shares of the health services provider’s stock worth $1,851,000 after acquiring an additional 1,430 shares during the period. QRG Capital Management Inc. lifted its position in shares of Universal Health Services by 102.4% in the second quarter. QRG Capital Management Inc. now owns 4,820 shares of the health services provider’s stock worth $873,000 after purchasing an additional 2,438 shares in the last quarter. Cresset Asset Management LLC purchased a new stake in shares of Universal Health Services in the first quarter worth approximately $265,000. Patton Fund Management Inc. acquired a new stake in shares of Universal Health Services during the second quarter worth approximately $232,000. Finally, Dynamic Technology Lab Private Ltd purchased a new position in Universal Health Services during the first quarter valued at approximately $468,000. Hedge funds and other institutional investors own 86.05% of the company’s stock.

Insider Activity

In related news, Director Warren J. Nimetz sold 3,817 shares of the stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $223.30, for a total transaction of $852,336.10. Following the completion of the sale, the director owned 8,481 shares in the company, valued at $1,893,807.30. This represents a 31.04% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Elliot J. Md Mba Sussman sold 965 shares of the firm’s stock in a transaction that occurred on Wednesday, October 29th. The shares were sold at an average price of $225.70, for a total value of $217,800.50. Following the completion of the sale, the director directly owned 6,113 shares in the company, valued at $1,379,704.10. This trade represents 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 currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on UHS shares. Barclays increased their target price on shares of Universal Health Services from $250.00 to $263.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 28th. Zacks Research upgraded Universal Health Services from a “hold” rating to a “strong-buy” rating in a report on Monday, October 27th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Universal Health Services in a research report on Thursday, October 30th. Guggenheim upped their target price on Universal Health Services from $227.00 to $253.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. Finally, Wall Street Zen raised Universal Health Services from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 11th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $232.64.

Universal Health Services Price Performance

NYSE UHS opened at $244.23 on Friday. The company has a current ratio of 1.03, a quick ratio of 1.19 and a debt-to-equity ratio of 0.55. The company has a fifty day simple moving average of $214.72 and a 200 day simple moving average of $192.09. The company has a market cap of $15.26 billion, a P/E ratio of 11.60, a P/E/G ratio of 0.80 and a beta of 1.33. Universal Health Services, Inc. has a 1 year low of $152.33 and a 1 year high of $246.33.

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

Universal Health Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Monday, December 1st will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Monday, December 1st. Universal Health Services’s payout ratio is currently 3.80%.

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.