Inscription Capital LLC Purchases 4,156 Shares of Universal Health Services, Inc. $UHS

Inscription Capital LLC boosted its position in shares of Universal Health Services, Inc. (NYSE:UHS) by 280.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,639 shares of the health services provider’s stock after buying an additional 4,156 shares during the period. Inscription Capital LLC’s holdings in Universal Health Services were worth $1,153,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Invesco Ltd. raised its holdings in shares of Universal Health Services by 11.1% during the 2nd quarter. Invesco Ltd. now owns 1,461,198 shares of the health services provider’s stock worth $264,696,000 after acquiring an additional 145,730 shares in the last quarter. Massachusetts Financial Services Co. MA increased its position in Universal Health Services by 3.5% in the second quarter. Massachusetts Financial Services Co. MA now owns 926,669 shares of the health services provider’s stock worth $167,866,000 after purchasing an additional 31,201 shares during the last quarter. American Century Companies Inc. lifted its position 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 during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Universal Health Services during the second quarter valued at $87,373,000. Finally, Norges Bank purchased a new position in shares of Universal Health Services in the 2nd quarter worth $83,333,000. Hedge funds and other institutional investors own 86.05% of the company’s stock.

Wall Street Analyst Weigh In

UHS has been the topic of several recent research reports. Weiss Ratings restated a “buy (b)” rating on shares of Universal Health Services in a research report on Monday, December 29th. Royal Bank Of Canada restated a “sector perform” rating on shares of Universal Health Services in a research report on Thursday, October 30th. Raymond James Financial set a $270.00 target price on Universal Health Services and gave the stock an “outperform” rating in a report on Monday, November 3rd. Barclays increased their price target on Universal Health Services from $250.00 to $263.00 and gave the company an “overweight” rating in a report on Tuesday, October 28th. Finally, Mizuho set a $242.00 price target on Universal Health Services in a research report on Tuesday, October 28th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $234.20.

Universal Health Services Trading Down 0.1%

Shares of NYSE UHS opened at $199.75 on Wednesday. Universal Health Services, Inc. has a fifty-two week low of $152.33 and a fifty-two week high of $246.32. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.96 and a current ratio of 1.03. The company has a market cap of $12.48 billion, a price-to-earnings ratio of 9.49, a PEG ratio of 0.63 and a beta of 1.28. The business’s 50 day moving average price is $223.45 and its 200-day moving average price is $201.95.

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

Universal Health Services Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 1st were paid a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Monday, December 1st. Universal Health Services’s dividend payout ratio (DPR) is currently 3.80%.

Insider Transactions at Universal Health Services

In other Universal Health Services news, Director Warren J. Nimetz sold 3,817 shares of the company’s stock in a transaction dated Tuesday, November 11th. The shares were sold at an average price of $223.30, for a total value of $852,336.10. Following the transaction, the director directly 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 legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 stock was sold at an average price of $225.70, for a total transaction of $217,800.50. Following the transaction, the director directly owned 6,113 shares in the company, valued at approximately $1,379,704.10. This trade represents a 13.63% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 16.40% of the company’s stock.

Universal Health Services Profile

Universal Health Services, Inc (NYSE: UHS) is one of the largest diversified health care management companies in the United States, offering a broad spectrum of services through its acute care hospital and behavioral health segments. The company operates general acute care hospitals, surgical hospitals and ambulatory centers, as well as inpatient and outpatient behavioral health facilities. Its network provides emergency and specialized medicine, diagnostic imaging, laboratory services, advanced surgical care and rehabilitation, complemented by a comprehensive array of behavioral services including psychiatric treatment, addiction programs and developmental disabilities care.

In the acute care segment, UHS’s facilities deliver services ranging from emergency department treatment and intensive care to maternity care and outpatient surgery.