VIRGINIA RETIREMENT SYSTEMS ET Al Sells 27,400 Shares of Universal Health Services, Inc. $UHS

VIRGINIA RETIREMENT SYSTEMS ET Al cut its holdings in shares of Universal Health Services, Inc. (NYSE:UHS – Free Report) by 23.0% during the third quarter, HoldingsChannel.com reports. The firm owned 91,500 shares of the health services provider’s stock after selling 27,400 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Universal Health Services were worth $15,945,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Parcion Private Wealth LLC acquired a new stake in Universal Health Services during the 3rd quarter worth $428,000. Soltis Investment Advisors LLC acquired a new position in shares of Universal Health Services in the 3rd quarter valued at $240,000. Choreo LLC lifted its stake in shares of Universal Health Services by 96.6% in the 3rd quarter. Choreo LLC now owns 2,809 shares of the health services provider’s stock valued at $490,000 after purchasing an additional 1,380 shares during the period. Interchange Capital Partners LLC acquired a new position in shares of Universal Health Services in the 3rd quarter valued at $318,000. Finally, Park Avenue Securities LLC boosted its position in shares of Universal Health Services by 86.9% in the 3rd quarter. Park Avenue Securities LLC now owns 2,815 shares of the health services provider’s stock worth $491,000 after purchasing an additional 1,309 shares during the last quarter. 86.05% of the stock is owned by institutional investors.

Universal Health Services Stock Performance

UHS stock opened at $175.73 on Friday. The business’s 50-day moving average price is $177.35 and its two-hundred day moving average price is $177.32. The company has a current ratio of 1.37, a quick ratio of 1.04 and a debt-to-equity ratio of 0.73. The firm has a market cap of $10.36 billion, a PE ratio of 7.35, a P/E/G ratio of 1.15 and a beta of 1.03. Universal Health Services, Inc. has a 1-year low of $140.08 and a 1-year high of $246.32.

Universal Health Services (NYSE:UHS – Get Free Report) last posted its earnings results on Tuesday, October 27th. The health services provider reported $5.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.19 by $0.03. Universal Health Services had a return on equity of 18.39% and a net margin of 7.96%. The firm had revenue of $4.73 billion during the quarter, compared to analysts’ expectations of $4.71 billion. During the same period in the previous year, the firm earned $5.69 earnings per share. The company’s revenue was up 5.3% on a year-over-year basis. As a group, research analysts forecast that Universal Health Services, Inc. will post 22.63 earnings per share for the current year.

Key Stories Impacting Universal Health Services

Here are the key news stories impacting Universal Health Services this week:

Analysts Set New Price Targets

A number of brokerages recently commented on UHS. Barclays decreased their price objective on Universal Health Services from $179.00 to $168.00 and set an “equal weight” rating for the company in a research note on Tuesday, July 28th. Guggenheim reduced their target price on Universal Health Services from $209.00 to $201.00 and set a “buy” rating on the stock in a report on Thursday. Royal Bank Of Canada restated a “sector perform” rating and set a $183.00 target price on shares of Universal Health Services in a research report on Thursday, August 20th. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Universal Health Services in a research note on Friday, October 2nd. Finally, Morgan Stanley lowered their price target on Universal Health Services from $212.00 to $191.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 29th. Six analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $205.06.

Get Our Latest Research Report on Universal Health Services

Universal Health Services Company Profile

(Free Report)

Universal Health Services, Inc (NYSE: UHS) is a healthcare services company that owns and operates hospitals, outpatient facilities and other healthcare providers. Its operations are focused primarily on acute care and behavioral health services.

The company’s acute care operations include general and specialty hospitals, ambulatory surgery centers, emergency departments, physician practices and other outpatient services. Its behavioral health business provides inpatient and outpatient treatment for mental health conditions, substance-use disorders and related needs.

Universal Health Services serves patients across the United States and Puerto Rico, with additional behavioral health operations in the United Kingdom.

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

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