Caxton Associates LLP Makes New Investment in Universal Health Services, Inc. $UHS

Caxton Associates LLP bought a new position in shares of Universal Health Services, Inc. (NYSE:UHS) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 4,794 shares of the health services provider’s stock, valued at approximately $858,000.

Other large investors have also made changes to their positions in the company. Inceptionr LLC lifted its position in Universal Health Services by 457.3% during the first quarter. Inceptionr LLC now owns 7,975 shares of the health services provider’s stock worth $1,427,000 after buying an additional 6,544 shares in the last quarter. Bank of Nova Scotia grew its holdings in Universal Health Services by 48.6% in the 1st quarter. Bank of Nova Scotia now owns 12,781 shares of the health services provider’s stock valued at $2,287,000 after buying an additional 4,181 shares in the last quarter. Sei Investments Co. increased its stake in shares of Universal Health Services by 29.5% in the 1st quarter. Sei Investments Co. now owns 193,969 shares of the health services provider’s stock worth $34,716,000 after acquiring an additional 44,142 shares during the last quarter. State of Wyoming increased its stake in shares of Universal Health Services by 436.0% in the 1st quarter. State of Wyoming now owns 3,350 shares of the health services provider’s stock worth $600,000 after acquiring an additional 2,725 shares during the last quarter. Finally, Oslo Pensjonsforsikring AS purchased a new position in shares of Universal Health Services during the 1st quarter worth $188,000. 86.05% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have recently weighed in on UHS shares. JPMorgan Chase & Co. lowered their price target on shares of Universal Health Services from $235.00 to $205.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 20th. Barclays cut shares of Universal Health Services from an “overweight” rating to an “equal weight” rating and set a $179.00 price objective for the company. in a research report on Wednesday, July 8th. Raymond James Financial lowered shares of Universal Health Services from an “outperform” rating to a “market perform” rating in a report on Wednesday, April 29th. TD Cowen dropped their price target on shares of Universal Health Services from $230.00 to $197.00 and set a “buy” rating for the company in a research note on Monday, June 22nd. Finally, Wall Street Zen cut shares of Universal Health Services from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Five analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. According to MarketBeat, Universal Health Services presently has a consensus rating of “Hold” and a consensus price target of $213.73.

Universal Health Services Stock Up 0.1%

Shares of UHS opened at $155.96 on Monday. The firm has a market cap of $9.44 billion, a P/E ratio of 6.50, a price-to-earnings-growth ratio of 0.83 and a beta of 1.07. Universal Health Services, Inc. has a 12-month low of $140.08 and a 12-month high of $246.32. The company’s 50-day moving average price is $150.58 and its 200 day moving average price is $179.55. The company has a current ratio of 1.08, a quick ratio of 1.01 and a debt-to-equity ratio of 0.52.

Universal Health Services (NYSE:UHS) last posted its earnings results on Tuesday, April 28th. The health services provider reported $5.62 earnings per share for the quarter, beating the consensus estimate of $5.41 by $0.21. Universal Health Services had a net margin of 8.56% and a return on equity of 19.57%. The firm had revenue of $4.50 billion during the quarter, compared to the consensus estimate of $4.39 billion. During the same quarter last year, the firm earned $4.84 EPS. The firm’s revenue for the quarter was up 9.6% on a year-over-year basis. On average, sell-side analysts forecast that Universal Health Services, Inc. will post 23.44 earnings per share for the current year.

Universal Health Services Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be paid a $0.20 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $0.80 annualized dividend and a dividend yield of 0.5%. Universal Health Services’s payout ratio is 3.33%.

Universal Health Services Company 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.