Arrowstreet Capital Limited Partnership lessened its stake in Universal Health Services, Inc. (NYSE:UHS) by 59.1% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 95,269 shares of the health services provider’s stock after selling 137,431 shares during the quarter. Arrowstreet Capital Limited Partnership owned about 0.10% of Universal Health Services worth $11,630,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the stock. Vanguard Group Inc. raised its stake in Universal Health Services by 2.2% in the second quarter. Vanguard Group Inc. now owns 8,969,365 shares of the health services provider’s stock valued at $1,094,982,000 after purchasing an additional 191,666 shares in the last quarter. BlackRock Inc. raised its stake in Universal Health Services by 0.5% in the second quarter. BlackRock Inc. now owns 6,656,148 shares of the health services provider’s stock valued at $812,583,000 after purchasing an additional 29,943 shares in the last quarter. Maverick Capital Ltd. raised its stake in Universal Health Services by 9.6% in the second quarter. Maverick Capital Ltd. now owns 5,426,487 shares of the health services provider’s stock valued at $662,466,000 after purchasing an additional 473,763 shares in the last quarter. FMR LLC raised its stake in Universal Health Services by 4.6% in the second quarter. FMR LLC now owns 4,623,099 shares of the health services provider’s stock valued at $564,387,000 after purchasing an additional 204,558 shares in the last quarter. Finally, State Street Corp raised its stake in Universal Health Services by 4.8% in the first quarter. State Street Corp now owns 4,124,375 shares of the health services provider’s stock valued at $513,281,000 after purchasing an additional 190,047 shares in the last quarter. 85.10% of the stock is owned by institutional investors and hedge funds.

ILLEGAL ACTIVITY WARNING: “Arrowstreet Capital Limited Partnership Has $11.63 Million Position in Universal Health Services, Inc. (UHS)” was first posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this news story on another publication, it was illegally stolen and reposted in violation of US and international copyright and trademark law. The correct version of this news story can be viewed at https://www.thecerbatgem.com/2017/10/13/arrowstreet-capital-limited-partnership-has-11-63-million-position-in-universal-health-services-inc-uhs.html.

UHS has been the subject of several research analyst reports. BidaskClub downgraded Universal Health Services from a “hold” rating to a “sell” rating in a research note on Tuesday, August 1st. Royal Bank Of Canada reissued a “buy” rating and set a $147.00 target price on shares of Universal Health Services in a research note on Tuesday, August 29th. Citigroup Inc. lowered their target price on Universal Health Services from $131.00 to $126.00 and set a “neutral” rating for the company in a research note on Wednesday, July 26th. Zacks Investment Research downgraded Universal Health Services from a “hold” rating to a “sell” rating in a research note on Tuesday, September 26th. Finally, Stephens initiated coverage on Universal Health Services in a research note on Wednesday. They set an “equal weight” rating and a $120.00 target price for the company. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and seven have assigned a buy rating to the company’s stock. Universal Health Services currently has an average rating of “Hold” and a consensus price target of $133.23.

Universal Health Services (NYSE:UHS) last announced its quarterly earnings data on Tuesday, July 25th. The health services provider reported $1.94 earnings per share for the quarter, missing the Zacks’ consensus estimate of $2.06 by ($0.12). The firm had revenue of $2.61 billion for the quarter, compared to analysts’ expectations of $2.64 billion. Universal Health Services had a net margin of 7.10% and a return on equity of 15.49%. The business’s quarterly revenue was up 7.5% on a year-over-year basis. During the same period in the prior year, the business posted $1.94 earnings per share.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 15th. Investors of record on Friday, September 1st were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, August 30th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.38%. Universal Health Services’s dividend payout ratio is 5.44%.

About Universal Health Services

Universal Health Services, Inc is a holding company. The Company’s principal business is owning and operating, through its subsidiaries, acute care hospitals and outpatient facilities, and behavioral healthcare facilities. The Company’s segments include Acute Care Hospital Services, Behavioral Health Services and Other.

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).

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

Receive News & Stock Ratings for Universal Health Services Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Universal Health Services Inc. and related stocks with our FREE daily email newsletter.