Ritholtz Wealth Management trimmed its position in shares of Universal Health Services, Inc. (NYSE:UHS – Free Report) by 4.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 6,451 shares of the health services provider’s stock after selling 295 shares during the period. Ritholtz Wealth Management’s holdings in Universal Health Services were worth $1,157,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds have also recently added to or reduced their stakes in the company. Financial Management Professionals Inc. acquired a new position in shares of Universal Health Services in the third quarter worth about $32,000. True Wealth Design LLC acquired a new stake in Universal Health Services in the third quarter valued at approximately $39,000. Huntington National Bank increased its position in shares of Universal Health Services by 414.3% in the third quarter. Huntington National Bank now owns 180 shares of the health services provider’s stock valued at $41,000 after buying an additional 145 shares in the last quarter. Benjamin F. Edwards & Company Inc. raised its stake in shares of Universal Health Services by 41.8% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 251 shares of the health services provider’s stock worth $46,000 after buying an additional 74 shares during the period. Finally, Sentry Investment Management LLC purchased a new position in shares of Universal Health Services during the 3rd quarter valued at approximately $64,000. 86.05% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling at Universal Health Services
In related news, Director Maria Ruderman Singer sold 1,614 shares of the stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $191.15, for a total transaction of $308,516.10. Following the completion of the transaction, the director now owns 5,879 shares of the company’s stock, valued at approximately $1,123,770.85. This trade represents a 21.54 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 16.10% of the company’s stock.
Universal Health Services Stock Performance
Universal Health Services (NYSE:UHS – Get Free Report) last posted its earnings results on Thursday, October 24th. The health services provider reported $3.71 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.75 by ($0.04). Universal Health Services had a return on equity of 15.75% and a net margin of 6.66%. The business had revenue of $3.96 billion for the quarter, compared to analyst estimates of $3.90 billion. During the same period last year, the business earned $2.55 EPS. Universal Health Services’s revenue was up 11.3% compared to the same quarter last year. On average, analysts expect that Universal Health Services, Inc. will post 15.92 EPS for the current year.
Universal Health Services Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, December 17th. Shareholders of record on Tuesday, December 3rd were paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 0.43%. The ex-dividend date was Tuesday, December 3rd. Universal Health Services’s dividend payout ratio (DPR) is presently 5.32%.
Analyst Upgrades and Downgrades
A number of equities analysts have weighed in on UHS shares. StockNews.com cut shares of Universal Health Services from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 9th. Barclays raised their price target on shares of Universal Health Services from $256.00 to $271.00 and gave the company an “overweight” rating in a research note on Friday, October 25th. Cantor Fitzgerald reiterated a “neutral” rating and set a $219.00 price objective on shares of Universal Health Services in a research note on Friday, October 25th. Wells Fargo & Company decreased their target price on Universal Health Services from $285.00 to $230.00 and set an “overweight” rating on the stock in a research report on Monday, November 25th. Finally, The Goldman Sachs Group cut Universal Health Services from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $228.00 to $198.00 in a research report on Monday, December 16th. Seven investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $226.14.
Read Our Latest Stock Analysis on UHS
Universal Health Services Profile
Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities. It operates through Acute Care Hospital Services and Behavioral Health Care Services segments. The company's hospitals offer general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic and coronary care, pediatric services, pharmacy services, and/or behavioral health services.
Featured Stories
- Five stocks we like better than Universal Health Services
- What Investors Must Know About Over-the-Counter (OTC) Stocks
- Top ETFs That Beat the Market in 2024 and Could Do It Again
- Comparing and Trading High PE Ratio Stocks
- J.B. Hunt Leads Truckers Lower: Buy Them While They’re Down?
- About the Markup Calculator
- MarketBeat Week in Review – 01/13 – 01/17
Want to see what other hedge funds are holding UHS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Universal Health Services, Inc. (NYSE:UHS – Free Report).
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.