Cozad Asset Management Inc. Sells 5,976 Shares of Universal Health Services, Inc. $UHS

Cozad Asset Management Inc. lessened its stake in Universal Health Services, Inc. (NYSE:UHS) by 20.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 22,848 shares of the health services provider’s stock after selling 5,976 shares during the period. Cozad Asset Management Inc.’s holdings in Universal Health Services were worth $4,671,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of the stock. SBI Securities Co. Ltd. raised its stake in shares of Universal Health Services by 320.0% in the third quarter. SBI Securities Co. Ltd. now owns 126 shares of the health services provider’s stock worth $26,000 after purchasing an additional 96 shares during the last quarter. Root Financial Partners LLC acquired a new position in Universal Health Services in the 3rd quarter worth approximately $28,000. CYBER HORNET ETFs LLC purchased a new position in Universal Health Services during the 2nd quarter worth approximately $29,000. MUFG Securities EMEA plc acquired a new stake in Universal Health Services during the 2nd quarter valued at approximately $31,000. Finally, First Horizon Advisors Inc. boosted its holdings in shares of Universal Health Services by 347.6% in the 2nd quarter. First Horizon Advisors Inc. now owns 188 shares of the health services provider’s stock valued at $34,000 after acquiring an additional 146 shares during the last quarter. Institutional investors and hedge funds own 86.05% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on UHS. 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 report on Monday, November 3rd. Wells Fargo & Company restated an “equal weight” rating and set a $235.00 target price (down from $259.00) on shares of Universal Health Services in a research report on Wednesday, January 7th. Barclays reduced their price target on Universal Health Services from $263.00 to $262.00 and set an “overweight” rating for the company in a report on Thursday, January 22nd. Weiss Ratings reissued a “buy (b)” rating on shares of Universal Health Services in a report on Monday, December 29th. Finally, Mizuho set a $242.00 target price on Universal Health Services in a research note on Tuesday, October 28th. 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 given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $234.13.

Universal Health Services Price Performance

NYSE:UHS opened at $230.34 on Wednesday. The stock has a 50 day moving average of $216.61 and a two-hundred day moving average of $210.34. Universal Health Services, Inc. has a 12 month low of $152.33 and a 12 month high of $246.32. The firm has a market cap of $14.39 billion, a P/E ratio of 10.94, a price-to-earnings-growth ratio of 0.73 and a beta of 1.26. The company has a current ratio of 1.03, a quick ratio of 0.96 and a debt-to-equity ratio of 0.55.

Universal Health Services Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 2nd will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.3%. Universal Health Services’s dividend payout ratio is presently 3.80%.

About Universal Health Services

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.