Versor Investments LP reduced its position in Universal Health Services, Inc. (NYSE:UHS – Free Report) by 45.8% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 2,177 shares of the health services provider’s stock after selling 1,838 shares during the quarter. Versor Investments LP’s holdings in Universal Health Services were worth $394,000 at the end of the most recent quarter.
Other institutional investors also recently bought and sold shares of the company. World Investment Advisors grew its position in shares of Universal Health Services by 150.2% during the first quarter. World Investment Advisors now owns 3,363 shares of the health services provider’s stock worth $632,000 after buying an additional 2,019 shares in the last quarter. Bank of New York Mellon Corp grew its position in shares of Universal Health Services by 3.5% during the first quarter. Bank of New York Mellon Corp now owns 504,804 shares of the health services provider’s stock worth $94,853,000 after buying an additional 16,900 shares in the last quarter. Penserra Capital Management LLC grew its position in shares of Universal Health Services by 1,365.8% during the first quarter. Penserra Capital Management LLC now owns 2,184 shares of the health services provider’s stock worth $410,000 after buying an additional 2,035 shares in the last quarter. Envestnet Asset Management Inc. grew its position in shares of Universal Health Services by 20.0% during the first quarter. Envestnet Asset Management Inc. now owns 80,408 shares of the health services provider’s stock worth $15,109,000 after buying an additional 13,413 shares in the last quarter. Finally, Brown Advisory Inc. grew its position in shares of Universal Health Services by 5.4% during the first quarter. Brown Advisory Inc. now owns 5,152 shares of the health services provider’s stock worth $968,000 after buying an additional 264 shares in the last quarter. 86.05% of the stock is owned by institutional investors and hedge funds.
Universal Health Services Price Performance
Shares of NYSE UHS opened at $227.74 on Thursday. The company has a current ratio of 1.03, a quick ratio of 1.19 and a debt-to-equity ratio of 0.55. Universal Health Services, Inc. has a twelve month low of $152.33 and a twelve month high of $228.08. The stock has a 50 day moving average of $200.38 and a two-hundred day moving average of $185.95. The stock has a market cap of $14.49 billion, a P/E ratio of 10.82, a P/E/G ratio of 0.80 and a beta of 1.30.
Insiders Place Their Bets
In other Universal Health Services news, Director Elliot J. Md Mba Sussman sold 965 shares of the business’s stock in a transaction that occurred on Wednesday, October 29th. The stock was sold at an average price of $225.70, for a total value of $217,800.50. Following the completion of the sale, the director owned 6,113 shares in the company, valued at approximately $1,379,704.10. The trade was a 13.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 16.40% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities analysts have recently commented on the company. Mizuho set a $242.00 price objective on Universal Health Services in a research report on Tuesday, October 28th. Wells Fargo & Company boosted their price objective on Universal Health Services from $210.00 to $249.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 7th. JPMorgan Chase & Co. lowered their price objective on Universal Health Services from $215.00 to $195.00 and set a “neutral” rating for the company in a research report on Monday, August 4th. Raymond James Financial set a $270.00 price objective on Universal Health Services and gave the stock an “outperform” rating in a research report on Monday. Finally, Robert W. Baird lowered their price target on Universal Health Services from $243.00 to $203.00 and set a “neutral” rating for the company in a report on Thursday, August 14th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Universal Health Services currently has a consensus rating of “Hold” and an average price target of $233.20.
View Our Latest Report on Universal Health Services
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.
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