Los Angeles Capital Management LLC Boosts Stake in Universal Health Services, Inc. $UHS

Los Angeles Capital Management LLC increased its holdings in Universal Health Services, Inc. (NYSE:UHS) by 23.8% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 225,635 shares of the health services provider’s stock after purchasing an additional 43,304 shares during the period. Los Angeles Capital Management LLC’s holdings in Universal Health Services were worth $40,874,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of UHS. Achmea Investment Management B.V. boosted its stake in shares of Universal Health Services by 7.9% during the 2nd quarter. Achmea Investment Management B.V. now owns 49,341 shares of the health services provider’s stock worth $8,938,000 after purchasing an additional 3,616 shares during the period. Andra AP fonden raised its holdings in Universal Health Services by 18.0% in the second quarter. Andra AP fonden now owns 176,410 shares of the health services provider’s stock worth $31,957,000 after purchasing an additional 26,900 shares in the last quarter. Resona Asset Management Co. Ltd. increased its position in Universal Health Services by 0.4% during the 2nd quarter. Resona Asset Management Co. Ltd. now owns 18,244 shares of the health services provider’s stock valued at $3,295,000 after buying an additional 78 shares in the last quarter. Asahi Life Asset Management CO. LTD. acquired a new stake in shares of Universal Health Services during the second quarter worth $360,000. Finally, First Horizon Advisors Inc. raised its position in Universal Health Services by 347.6% during the 2nd quarter. First Horizon Advisors Inc. now owns 188 shares of the health services provider’s stock worth $34,000 after buying an additional 146 shares during the last quarter. Institutional investors own 86.05% of the company’s stock.

Insider Activity at Universal Health Services

In other news, Director Elliot J. Md Mba Sussman sold 965 shares of Universal Health Services stock in a transaction 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 directly owned 6,113 shares of the company’s stock, 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 SEC, which can be accessed through this hyperlink. 16.40% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. Zacks Research upgraded shares of Universal Health Services from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 27th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Universal Health Services in a report on Thursday, October 30th. Raymond James Financial set a $270.00 price target on Universal Health Services and gave the stock an “outperform” rating in a research note on Monday. Bank of America cut Universal Health Services from a “neutral” rating to an “underperform” rating and dropped their price target for the stock from $215.00 to $185.00 in a research report on Wednesday, July 16th. Finally, Barclays raised their price objective on Universal Health Services from $250.00 to $263.00 and gave the company an “overweight” rating in a report on Tuesday, October 28th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $233.20.

Universal Health Services Trading Up 1.2%

Shares of UHS stock opened at $229.07 on Friday. Universal Health Services, Inc. has a 1-year low of $152.33 and a 1-year high of $229.76. The firm has a market cap of $14.58 billion, a PE ratio of 10.88, a price-to-earnings-growth ratio of 0.80 and a beta of 1.33. The company has a 50-day moving average of $202.22 and a two-hundred day moving average of $186.73. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.03 and a quick ratio of 1.19.

Universal Health Services (NYSE:UHS) last issued its quarterly earnings data on Tuesday, October 28th. The health services provider reported $5.69 EPS for the quarter, topping the consensus estimate of $4.66 by $1.03. Universal Health Services had a net margin of 8.09% and a return on equity of 19.47%. The firm had revenue of $4.50 billion for the quarter, compared to analyst estimates of $4.32 billion. During the same period in the prior year, the business posted $3.71 EPS. The business’s revenue for the quarter was up 13.4% compared to the same quarter last year. On average, analysts predict that Universal Health Services, Inc. will post 15.92 EPS for the current year.

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.