Forsta AP Fonden Acquires 200 Shares of Universal Health Services, Inc. (NYSE:UHS)

Forsta AP Fonden grew its holdings in shares of Universal Health Services, Inc. (NYSE:UHS) by 1.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 11,200 shares of the health services provider’s stock after acquiring an additional 200 shares during the period. Forsta AP Fonden’s holdings in Universal Health Services were worth $2,010,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Creative Planning lifted its holdings in Universal Health Services by 24.6% during the 2nd quarter. Creative Planning now owns 5,775 shares of the health services provider’s stock worth $1,068,000 after buying an additional 1,140 shares during the period. Sanctuary Advisors LLC bought a new position in shares of Universal Health Services during the second quarter worth about $2,091,000. Czech National Bank lifted its stake in shares of Universal Health Services by 6.5% in the third quarter. Czech National Bank now owns 12,113 shares of the health services provider’s stock worth $2,774,000 after acquiring an additional 740 shares during the period. Park Avenue Securities LLC bought a new stake in Universal Health Services in the third quarter valued at approximately $404,000. Finally, GAMMA Investing LLC increased its position in Universal Health Services by 31.3% during the 3rd quarter. GAMMA Investing LLC now owns 873 shares of the health services provider’s stock valued at $200,000 after purchasing an additional 208 shares during the period. Institutional investors and hedge funds own 86.05% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $219.00 price objective on shares of Universal Health Services in a research note on Friday, October 25th. Barclays lifted their price objective on Universal Health Services from $256.00 to $271.00 and gave the stock an “overweight” rating in a research report on Friday, October 25th. Royal Bank of Canada cut their target price on Universal Health Services from $222.00 to $211.00 and set a “sector perform” rating on the stock in a research report on Monday, October 28th. TD Cowen lowered their target price on Universal Health Services from $275.00 to $251.00 and set a “buy” rating for the company in a report on Tuesday, November 26th. Finally, JPMorgan Chase & Co. restated a “neutral” rating and set a $226.00 price target on shares of Universal Health Services in a report on Tuesday, December 17th. Seven research 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 company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $226.14.

Universal Health Services Price Performance

UHS stock opened at $188.29 on Monday. The company has a market capitalization of $12.42 billion, a P/E ratio of 12.52, a price-to-earnings-growth ratio of 0.54 and a beta of 1.30. Universal Health Services, Inc. has a 52-week low of $152.68 and a 52-week high of $243.25. The business has a 50-day simple moving average of $187.78 and a two-hundred day simple moving average of $207.96. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.28 and a current ratio of 1.39.

Universal Health Services Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 17th. Stockholders of record on Tuesday, December 3rd were paid a $0.20 dividend. The ex-dividend date of this dividend was Tuesday, December 3rd. This represents a $0.80 annualized dividend and a dividend yield of 0.42%. Universal Health Services’s payout ratio is 5.32%.

Insider Activity

In other Universal Health Services news, Director Maria Ruderman Singer sold 1,614 shares of the company’s stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $191.15, for a total value of $308,516.10. Following the completion of the sale, the director now directly owns 5,879 shares of the company’s stock, valued at approximately $1,123,770.85. This represents a 21.54 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 16.10% of the stock is currently owned by corporate insiders.

About Universal Health Services

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.