11,347 shares of Universal Health Services, Inc. (NYSE: UHS) purchased by DNB Asset Management AS

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DNB Asset Management AS acquired a new position in Universal Health Services, Inc. (NYSE: UHSGet a rating) in the 1st trimester, HoldingsChannel.com reports. The company bought 11,347 shares of the health service provider, valued at around $1,645,000.

Several other institutional investors also changed their stock holdings. Allspring Global Investments Holdings LLC acquired a new stake in Universal Health Services during Q4, valued at approximately $188,455,000. Nuance Investments LLC increased its position in Universal Health Services by 150.6% during the fourth quarter. Nuance Investments LLC now owns 1,750,343 shares of the healthcare provider valued at $226,949,000 after buying an additional 1,051,850 shares in the last quarter. First Eagle Investment Management LLC increased its position in Universal Health Services by 14.0% during the fourth quarter. First Eagle Investment Management LLC now owns 4,099,131 shares of the healthcare provider valued at $531,493,000 after buying an additional 502,100 shares in the last quarter. Invesco Ltd. increased its position in Universal Health Services by 9.2% during the 4th quarter. Invesco Ltd. now owns 3,811,217 shares of the healthcare provider valued at $494,162,000 after purchasing an additional 321,368 shares in the last quarter. Finally, American Century Companies Inc. increased its position in Universal Health Services by 15.6% during the 4th quarter. American Century Companies Inc. now owns 2,269,854 shares of the healthcare provider valued at $294,310,000 after buying an additional 307,066 shares in the last quarter. Institutional investors hold 89.41% of the company’s shares.

Several analysts have recently commented on the stock. Citigroup raised its price target on shares of Universal Health Services from $162.00 to $167.00 in a Tuesday, March 1 research report. Mizuho lowered its price target on Universal Health Services stock from $164.00 to $153.00 in a Tuesday, May 3 report. Wells Fargo & Company lowered its price target on Universal Health Services shares from $139.00 to $118.00 in a Thursday, April 28 report. StockNews.com downgraded shares of Universal Health Services from a “buy” rating to a “hold” rating in a report on Friday, April 29. Finally, TheStreet downgraded shares of Universal Health Services from a “b-” rating to a “c+” rating in a report released Tuesday. Four investment analysts have assigned the stock a sell rating, four have assigned a hold rating and five have assigned the stock a buy rating. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $148.23.

NYSE UHS opened at $108.77 on Friday. Universal Health Services, Inc. has a 12 month minimum of $99.54 and a 12 month maximum of $165.00. The stock has a market capitalization of $8.14 billion, a price-earnings ratio of 9.53, a PEG ratio of 2.24 and a beta of 1.10. The company’s 50-day moving average is $122.36 and its two-hundred-day moving average is $132.13. The company has a current ratio of 1.07, a quick ratio of 0.98 and a debt ratio of 0.71.

Universal health services (NYSE: UHSGet a rating) last released its results on Monday, April 25. The healthcare provider reported EPS of $2.15 for the quarter, missing analyst consensus estimates of $2.47 per ($0.32). Universal Health Services had a return on equity of 15.06% and a net margin of 7.25%. The company posted revenue of $3.29 billion for the quarter, versus a consensus estimate of $3.24 billion. In the same quarter a year earlier, the company posted EPS of $2.44. Universal Health Services revenue grew 9.3% year over year. Sell-side analysts expect Universal Health Services, Inc. to post EPS of 11.38 for the current year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 15. Shareholders of record on Wednesday, June 1 received a dividend of $0.20 per share. This represents a dividend of $0.80 on an annualized basis and a yield of 0.74%. The ex-dividend date was Tuesday, May 31. The universal health services payout ratio is 7.01%.

Universal Health Services Company Profile (Get a rating)

Universal Health Services, Inc., through its subsidiaries, owns and operates acute care hospitals and ambulatory and behavioral health care facilities. The Company operates through the Acute Care Hospital Services and Behavioral Health Care Services segments. Its hospitals offer general and specialized surgery, internal medicine, obstetrics, emergency care, radiology, oncology, diagnostic and coronary care, pediatrics, pharmacy and/or behavioral health.

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Institutional Ownership by Quarter for Universal Health Services (NYSE: UHS)



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