Charles Schwab Investment Management Inc. Has $103.28 Million Position in Universal Health Services, Inc. $UHS

Charles Schwab Investment Management Inc. lowered its holdings in Universal Health Services, Inc. (NYSE:UHS) by 0.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 570,117 shares of the health services provider’s stock after selling 4,788 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.88% of Universal Health Services worth $103,277,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. American Century Companies Inc. boosted its holdings in Universal Health Services by 0.8% during the second quarter. American Century Companies Inc. now owns 639,524 shares of the health services provider’s stock valued at $115,850,000 after purchasing an additional 4,932 shares in the last quarter. Stevens Capital Management LP raised its holdings in shares of Universal Health Services by 75.3% in the 2nd quarter. Stevens Capital Management LP now owns 2,228 shares of the health services provider’s stock worth $404,000 after buying an additional 957 shares in the last quarter. Rhumbline Advisers lifted its position in shares of Universal Health Services by 4.1% during the 2nd quarter. Rhumbline Advisers now owns 138,637 shares of the health services provider’s stock worth $25,114,000 after buying an additional 5,497 shares during the period. Mufg Securities Americas Inc. boosted its stake in Universal Health Services by 21.8% in the 2nd quarter. Mufg Securities Americas Inc. now owns 1,267 shares of the health services provider’s stock valued at $230,000 after buying an additional 227 shares in the last quarter. Finally, Mediolanum International Funds Ltd boosted its stake in Universal Health Services by 83.8% in the 2nd quarter. Mediolanum International Funds Ltd now owns 11,373 shares of the health services provider’s stock valued at $2,025,000 after buying an additional 5,185 shares in the last quarter. Institutional investors own 86.05% of the company’s stock.

Insider Buying and Selling at Universal Health Services

In related news, Director Elliot J. Md Mba Sussman sold 965 shares of Universal Health Services stock in a transaction dated Wednesday, October 29th. The stock was 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Warren J. Nimetz sold 3,817 shares of the business’s 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 sale, the director directly owned 8,481 shares of the company’s stock, valued at $1,893,807.30. This represents a 31.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 16.40% of the stock is currently owned by company insiders.

Universal Health Services Trading Down 0.7%

UHS opened at $242.54 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 stock has a market capitalization of $15.15 billion, a PE ratio of 11.52, a PEG 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 $246.32. The firm has a 50-day moving average price of $215.79 and a two-hundred day moving average price of $192.44.

Universal Health Services (NYSE:UHS) last announced its earnings results on Tuesday, October 28th. The health services provider reported $5.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 company had revenue of $4.50 billion for the quarter, compared to analyst estimates of $4.32 billion. During the same period in the prior year, the business earned $3.71 earnings per share. Universal Health Services’s quarterly revenue was up 13.4% on a year-over-year basis. As a group, equities analysts anticipate that Universal Health Services, Inc. will post 15.92 earnings per share for the current fiscal year.

Universal Health Services Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Monday, December 1st will be paid a $0.20 dividend. 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 dividend payout ratio (DPR) is 3.80%.

Wall Street Analyst Weigh In

Several research firms have issued reports on UHS. The Goldman Sachs Group initiated coverage on Universal Health Services in a research note on Tuesday, October 14th. They set a “neutral” rating and a $219.00 price objective for the company. Weiss Ratings reiterated a “buy (b-)” rating on shares of Universal Health Services in a research report on Tuesday. Cantor Fitzgerald boosted their price target on shares of Universal Health Services from $227.00 to $250.00 and gave the company a “neutral” rating in a research report on Wednesday, October 29th. Wall Street Zen raised shares of Universal Health Services from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 11th. Finally, Raymond James Financial set a $270.00 target price on shares of Universal Health Services and gave the company an “outperform” rating in a research note on Monday, November 3rd. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $232.64.

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.