Goldman Sachs Group Inc. Sells 238,241 Shares of Universal Health Services, Inc. $UHS

Goldman Sachs Group Inc. trimmed its position in shares of Universal Health Services, Inc. (NYSE:UHS) by 16.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,241,730 shares of the health services provider’s stock after selling 238,241 shares during the period. Goldman Sachs Group Inc.’s holdings in Universal Health Services were worth $270,722,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of UHS. NewEdge Advisors LLC grew its holdings in Universal Health Services by 2.7% during the first quarter. NewEdge Advisors LLC now owns 2,665 shares of the health services provider’s stock valued at $501,000 after purchasing an additional 69 shares during the period. United Services Automobile Association bought a new position in Universal Health Services during the first quarter valued at $235,000. Focus Partners Wealth grew its holdings in Universal Health Services by 80.6% during the first quarter. Focus Partners Wealth now owns 2,631 shares of the health services provider’s stock valued at $494,000 after purchasing an additional 1,174 shares during the period. EverSource Wealth Advisors LLC grew its holdings in Universal Health Services by 95.0% during the second quarter. EverSource Wealth Advisors LLC now owns 583 shares of the health services provider’s stock valued at $106,000 after purchasing an additional 284 shares during the period. Finally, Gamco Investors INC. ET AL bought a new position in shares of Universal Health Services in the second quarter worth $379,000. 86.05% of the stock is owned by institutional investors.

Universal Health Services Price Performance

NYSE:UHS opened at $145.14 on Friday. The firm has a market capitalization of $8.79 billion, a price-to-earnings ratio of 6.05, a P/E/G ratio of 0.76 and a beta of 1.07. Universal Health Services, Inc. has a 52-week low of $140.76 and a 52-week high of $246.32. The stock has a fifty day moving average of $169.69 and a 200 day moving average of $199.34. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.01 and a current ratio of 1.08.

Universal Health Services (NYSE:UHS) last released its quarterly earnings results on Tuesday, April 28th. The health services provider reported $5.62 earnings per share for the quarter, beating analysts’ consensus estimates of $5.41 by $0.21. Universal Health Services had a return on equity of 19.57% and a net margin of 8.56%.The business had revenue of $4.50 billion for the quarter, compared to the consensus estimate of $4.39 billion. During the same quarter last year, the business posted $4.84 earnings per share. The company’s revenue for the quarter was up 9.6% on a year-over-year basis. On average, research analysts expect that Universal Health Services, Inc. will post 23.47 EPS for the current fiscal year.

Universal Health Services Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Monday, June 8th will be given a dividend of $0.20 per share. The ex-dividend date is Monday, June 8th. This represents a $0.80 dividend on an annualized basis and a yield of 0.6%. Universal Health Services’s dividend payout ratio (DPR) is presently 3.33%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on UHS. Raymond James Financial lowered Universal Health Services from an “outperform” rating to a “market perform” rating in a report on Wednesday, April 29th. Morgan Stanley cut their price target on Universal Health Services from $233.00 to $212.00 and set an “equal weight” rating for the company in a report on Wednesday, April 29th. Guggenheim cut their price target on Universal Health Services from $238.00 to $211.00 and set a “buy” rating for the company in a report on Wednesday, April 29th. Wells Fargo & Company began coverage on Universal Health Services in a report on Monday. They issued an “equal weight” rating and a $165.00 price target for the company. Finally, Royal Bank Of Canada cut their price target on Universal Health Services from $216.00 to $190.00 and set a “sector perform” rating for the company in a report on Wednesday, April 29th. Six investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $218.63.

Universal Health Services Company Profile

Universal Health Services, Inc (NYSE: UHS) is one of the largest diversified health care management companies in the United States, offering a broad spectrum of services through its acute care hospital and behavioral health segments. The company operates general acute care hospitals, surgical hospitals and ambulatory centers, as well as inpatient and outpatient behavioral health facilities. Its network provides emergency and specialized medicine, diagnostic imaging, laboratory services, advanced surgical care and rehabilitation, complemented by a comprehensive array of behavioral services including psychiatric treatment, addiction programs and developmental disabilities care.

In the acute care segment, UHS’s facilities deliver services ranging from emergency department treatment and intensive care to maternity care and outpatient surgery.