Achmea Investment Management B.V. lowered its position in Universal Health Services, Inc. (NYSE:UHS – Free Report) by 5.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 46,551 shares of the health services provider’s stock after selling 2,790 shares during the quarter. Achmea Investment Management B.V. owned 0.07% of Universal Health Services worth $9,516,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also made changes to their positions in UHS. SBI Securities Co. Ltd. grew its position 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 valued at $26,000 after purchasing an additional 96 shares during the last quarter. Root Financial Partners LLC acquired a new stake in Universal Health Services during the 3rd quarter valued at $28,000. CYBER HORNET ETFs LLC purchased a new position in Universal Health Services during the second quarter worth $29,000. MUFG Securities EMEA plc purchased a new stake in shares of Universal Health Services in the second quarter valued at $31,000. Finally, Brown Brothers Harriman & Co. lifted its position in shares of Universal Health Services by 94.0% in the third quarter. Brown Brothers Harriman & Co. now owns 163 shares of the health services provider’s stock valued at $33,000 after acquiring an additional 79 shares in the last quarter. Institutional investors and hedge funds own 86.05% of the company’s stock.
Universal Health Services Stock Down 2.1%
Shares of NYSE:UHS opened at $189.46 on Thursday. The stock has a 50-day simple moving average of $208.47 and a 200-day simple moving average of $212.07. The stock has a market capitalization of $11.57 billion, a P/E ratio of 8.18, a PEG ratio of 0.76 and a beta of 1.26. Universal Health Services, Inc. has a 1 year low of $152.33 and a 1 year high of $246.32. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.98 and a current ratio of 1.05.
Universal Health Services Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Monday, March 2nd. Universal Health Services’s dividend payout ratio is 3.46%.
Wall Street Analyst Weigh In
A number of analysts recently commented on the company. UBS Group reissued a “buy” rating on shares of Universal Health Services in a research note on Thursday, January 15th. Zacks Research lowered Universal Health Services from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 2nd. Wall Street Zen cut Universal Health Services from a “strong-buy” rating to a “buy” rating in a report on Saturday, February 28th. Guggenheim increased their price objective on shares of Universal Health Services from $253.00 to $274.00 and gave the stock a “buy” rating in a report on Tuesday, December 2nd. Finally, TD Cowen decreased their target price on shares of Universal Health Services from $251.00 to $245.00 and set a “buy” rating on the stock in a research report on Wednesday, January 7th. Six equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $232.21.
Read Our Latest Stock Report on UHS
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.
See Also
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.
