Highbridge Capital Management LLC lowered its position in shares of Universal Health Services, Inc. (NYSE:UHS) by 96.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,301 shares of the health services provider’s stock after selling 149,512 shares during the quarter. Highbridge Capital Management LLC’s holdings in Universal Health Services were worth $699,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. First Mercantile Trust Co. bought a new stake in shares of Universal Health Services in the second quarter worth $150,000. Crossmark Global Holdings Inc. bought a new stake in shares of Universal Health Services in the third quarter worth $205,000. Cambridge Investment Research Advisors Inc. bought a new stake in shares of Universal Health Services in the second quarter worth $211,000. Advisor Group Inc. lifted its position in shares of Universal Health Services by 198.0% in the second quarter. Advisor Group Inc. now owns 1,812 shares of the health services provider’s stock worth $220,000 after purchasing an additional 1,204 shares in the last quarter. Finally, Pacer Advisors Inc. lifted its position in shares of Universal Health Services by 8.5% in the second quarter. Pacer Advisors Inc. now owns 1,845 shares of the health services provider’s stock worth $225,000 after purchasing an additional 145 shares in the last quarter. Hedge funds and other institutional investors own 86.13% of the company’s stock.

Universal Health Services, Inc. (NYSE UHS) traded up $0.51 during mid-day trading on Friday, hitting $113.44. 1,340,000 shares of the company traded hands, compared to its average volume of 974,451. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.26 and a quick ratio of 1.16. Universal Health Services, Inc. has a fifty-two week low of $95.26 and a fifty-two week high of $129.74. The firm has a market capitalization of $10,766.48, a P/E ratio of 15.17, a PEG ratio of 2.58 and a beta of 0.97.

Universal Health Services (NYSE:UHS) last released its quarterly earnings results on Wednesday, October 25th. The health services provider reported $1.49 EPS for the quarter, missing the Thomson Reuters’ 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 business had revenue of $2.51 billion during the quarter, compared to analyst estimates of $2.60 billion. During the same quarter last year, the company posted $1.60 earnings per share. The company’s revenue was up 4.4% on a year-over-year basis. equities research analysts anticipate that Universal Health Services, Inc. will post 7.37 earnings per share for the current fiscal year.

Universal Health Services announced that its board has authorized a stock buyback program on Wednesday, November 15th that permits the company to buyback $400.00 million in shares. This buyback authorization permits the health services provider to buy shares of its stock through open market purchases. Shares buyback programs are usually a sign that the company’s leadership believes its stock is undervalued.

The firm also recently declared a quarterly dividend, which was paid on Friday, December 15th. Investors of record on Friday, December 1st were paid a $0.10 dividend. The ex-dividend date of this dividend was Thursday, November 30th. This represents a $0.40 annualized dividend and a dividend yield of 0.35%. Universal Health Services’s dividend payout ratio (DPR) is presently 5.49%.

A number of analysts have recently commented on the stock. Citigroup raised shares of Universal Health Services from a “neutral” rating to a “buy” rating in a research report on Tuesday, December 12th. Credit Suisse Group cut their price objective on shares of Universal Health Services from $126.00 to $125.00 and set an “outperform” rating on the stock in a research report on Friday, November 10th. Royal Bank of Canada restated a “buy” rating and set a $126.00 target price on shares of Universal Health Services in a report on Friday, October 27th. Piper Jaffray Companies restated a “buy” rating and set a $117.00 target price on shares of Universal Health Services in a report on Friday, October 27th. Finally, Robert W. Baird restated a “buy” rating and set a $122.00 target price on shares of Universal Health Services in a report on Friday, October 27th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and eleven have given a buy rating to the stock. Universal Health Services currently has a consensus rating of “Buy” 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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