Victory Capital Management Inc. boosted its position in shares of Universal Health Services, Inc. (NYSE:UHS) by 54.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,516 shares of the health services provider’s stock after acquiring an additional 6,189 shares during the period. Victory Capital Management Inc.’s holdings in Universal Health Services were worth $1,943,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Shell Asset Management Co. grew its stake in Universal Health Services by 22.1% in the 3rd quarter. Shell Asset Management Co. now owns 36,647 shares of the health services provider’s stock worth $3,830,000 after buying an additional 6,645 shares in the last quarter. Prudential Financial Inc. grew its stake in Universal Health Services by 1.7% in the 2nd quarter. Prudential Financial Inc. now owns 208,367 shares of the health services provider’s stock worth $25,437,000 after buying an additional 3,580 shares in the last quarter. Quantum Capital Management grew its stake in Universal Health Services by 44.7% in the 2nd quarter. Quantum Capital Management now owns 69,969 shares of the health services provider’s stock worth $8,542,000 after buying an additional 21,614 shares in the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund grew its stake in Universal Health Services by 15.2% in the 2nd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 21,572 shares of the health services provider’s stock worth $2,634,000 after buying an additional 2,839 shares in the last quarter. Finally, Aberdeen Asset Management PLC UK grew its stake in Universal Health Services by 11.5% in the 2nd quarter. Aberdeen Asset Management PLC UK now owns 23,107 shares of the health services provider’s stock worth $2,821,000 after buying an additional 2,375 shares in the last quarter. 85.58% of the stock is owned by institutional investors and hedge funds.

Shares of Universal Health Services, Inc. (UHS) opened at $97.22 on Monday. The firm has a market cap of $9,227.05, a P/E ratio of 13.00, a PEG ratio of 2.21 and a beta of 0.95. The company has a quick ratio of 1.16, a current ratio of 1.26 and a debt-to-equity ratio of 0.80. Universal Health Services, Inc. has a 1-year low of $95.26 and a 1-year high of $129.74.

Universal Health Services (NYSE:UHS) last posted its quarterly earnings results on Wednesday, October 25th. The health services provider reported $1.49 EPS for the quarter, missing the Zacks’ consensus estimate of $1.76 by ($0.27). Universal Health Services had a net margin of 6.90% and a return on equity of 15.13%. The firm had revenue of $2.51 billion for the quarter, compared to the consensus estimate of $2.60 billion. During the same quarter in the prior year, the company earned $1.60 earnings per share. The company’s quarterly revenue was up 4.4% compared to the same quarter last year. research analysts predict that Universal Health Services, Inc. will post 7.36 earnings per share for the current year.

Universal Health Services announced that its board has approved a share buyback plan on Wednesday, November 15th that permits the company to buyback $400.00 million in shares. This buyback authorization permits the health services provider to repurchase shares of its stock through open market purchases. Stock buyback plans are often a sign that the company’s leadership believes its stock is undervalued.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 1st will be issued a dividend of $0.10 per share. The ex-dividend date is Thursday, November 30th. This represents a $0.40 dividend on an annualized basis and a yield of 0.41%. Universal Health Services’s dividend payout ratio is currently 5.49%.

A number of research firms have commented on UHS. Citigroup Inc. cut their price target on shares of 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. Royal Bank Of Canada reissued a “buy” rating and issued a $147.00 price target on shares of Universal Health Services in a research note on Tuesday, October 3rd. BidaskClub cut shares of Universal Health Services from a “hold” rating to a “sell” rating in a research note on Tuesday, August 1st. Zacks Investment Research cut shares of Universal Health Services from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. Finally, Piper Jaffray Companies reissued a “buy” rating and issued a $134.00 price target on shares of Universal Health Services in a research note on Friday, July 28th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and ten have assigned a buy rating to the stock. Universal Health Services has a consensus rating of “Hold” and an average price target of $126.31.

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Universal Health Services Profile

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.

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

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