BB&T Securities LLC grew its position in shares of Universal Health Services, Inc. (NYSE:UHS) by 22.5% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,234 shares of the health services provider’s stock after buying an additional 777 shares during the period. BB&T Securities LLC’s holdings in Universal Health Services were worth $642,000 as of its most recent SEC filing.
A number of other large investors have also recently added to or reduced their stakes in UHS. FTB Advisors Inc. lifted its holdings in Universal Health Services by 102.9% during the 3rd quarter. FTB Advisors Inc. now owns 209 shares of the health services provider’s stock worth $30,000 after buying an additional 106 shares during the last quarter. Pearl River Capital LLC acquired a new stake in shares of Universal Health Services during the 2nd quarter worth approximately $35,000. Valeo Financial Advisors LLC acquired a new stake in shares of Universal Health Services during the 2nd quarter worth approximately $47,000. CSat Investment Advisory L.P. raised its position in shares of Universal Health Services by 74.0% during the 2nd quarter. CSat Investment Advisory L.P. now owns 362 shares of the health services provider’s stock worth $47,000 after purchasing an additional 154 shares during the period. Finally, Pathstone Family Office LLC raised its position in shares of Universal Health Services by 41.9% during the 2nd quarter. Pathstone Family Office LLC now owns 423 shares of the health services provider’s stock worth $55,000 after purchasing an additional 125 shares during the period. 84.40% of the stock is currently owned by institutional investors.
In related news, CFO Steve Filton sold 30,000 shares of the firm’s stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $141.40, for a total value of $4,242,000.00. Following the sale, the chief financial officer now directly owns 265,238 shares in the company, valued at approximately $37,504,653.20. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 12.60% of the stock is owned by company insiders.
Separately, Zacks Investment Research cut Universal Health Services from a “hold” rating to a “sell” rating and set a $148.00 price target on the stock. in a research report on Monday, November 11th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and nine have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $150.19.
UHS traded up $0.69 during trading hours on Wednesday, hitting $141.02. The company’s stock had a trading volume of 470,170 shares, compared to its average volume of 680,224. Universal Health Services, Inc. has a fifty-two week low of $112.79 and a fifty-two week high of $157.79. The company has a current ratio of 1.19, a quick ratio of 1.09 and a debt-to-equity ratio of 0.76. The firm has a market capitalization of $12.22 billion, a PE ratio of 14.80, a PEG ratio of 1.76 and a beta of 1.05. The company has a 50-day simple moving average of $141.30 and a 200 day simple moving average of $138.58.
Universal Health Services (NYSE:UHS) last posted its earnings results on Thursday, October 24th. The health services provider reported $1.99 EPS for the quarter, missing the consensus estimate of $2.30 by ($0.31). Universal Health Services had a net margin of 6.48% and a return on equity of 15.80%. The business had revenue of $2.82 billion during the quarter, compared to analyst estimates of $2.77 billion. During the same quarter in the prior year, the business earned $2.23 earnings per share. The firm’s revenue was up 6.5% compared to the same quarter last year. Research analysts expect that Universal Health Services, Inc. will post 9.81 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Thursday, December 5th will be given a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 0.57%. The ex-dividend date of this dividend is Wednesday, December 4th. Universal Health Services’s dividend payout ratio is currently 8.39%.
About Universal Health Services
Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, outpatient facilities, and behavioral health care facilities. The company operates through Acute Care Hospital Services, Behavioral Health Care Services, and Other segments. Its hospital offer general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, coronary care, pediatric services, pharmacy services, and/or behavioral health services.
Further Reading: Margin
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