Aaron Wealth Advisors LLC Acquires New Position in Universal Health Services, Inc. (NYSE:UHS)

Aaron Wealth Advisors LLC bought a new position in Universal Health Services, Inc. (NYSE:UHS) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 1,022 shares of the health services provider’s stock, valued at approximately $234,000.

Other large investors also recently made changes to their positions in the company. Inspire Investing LLC bought a new stake in shares of Universal Health Services in the 1st quarter valued at approximately $897,000. Ontario Teachers Pension Plan Board raised its holdings in Universal Health Services by 95.9% during the 1st quarter. Ontario Teachers Pension Plan Board now owns 19,511 shares of the health services provider’s stock worth $3,560,000 after buying an additional 9,549 shares during the period. Nordea Investment Management AB raised its holdings in shares of Universal Health Services by 27.9% during the first quarter. Nordea Investment Management AB now owns 65,643 shares of the health services provider’s stock valued at $11,998,000 after acquiring an additional 14,326 shares during the period. Susquehanna Fundamental Investments LLC acquired a new stake in shares of Universal Health Services in the first quarter worth $738,000. Finally, Bessemer Group Inc. grew its stake in Universal Health Services by 5,033.3% during the 1st quarter. Bessemer Group Inc. now owns 7,084 shares of the health services provider’s stock valued at $1,292,000 after acquiring an additional 6,946 shares in the last quarter. Institutional investors and hedge funds own 86.05% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on UHS. The Goldman Sachs Group lifted their price objective on shares of Universal Health Services from $200.00 to $229.00 and gave the company a “buy” rating in a research note on Tuesday, July 30th. Cantor Fitzgerald restated a “neutral” rating and set a $219.00 target price on shares of Universal Health Services in a research report on Tuesday, October 1st. StockNews.com upgraded shares of Universal Health Services from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Barclays upgraded shares of Universal Health Services from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $198.00 to $256.00 in a research report on Friday, July 26th. Finally, Baird R W raised Universal Health Services from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, June 26th. Five investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $229.77.

Universal Health Services Trading Up 1.1 %

NYSE:UHS opened at $236.67 on Monday. The company has a market cap of $15.79 billion, a P/E ratio of 17.35, a P/E/G ratio of 0.78 and a beta of 1.27. The stock’s fifty day moving average price is $229.19 and its two-hundred day moving average price is $199.16. Universal Health Services, Inc. has a 1 year low of $119.90 and a 1 year high of $243.25. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.28 and a quick ratio of 1.17.

Universal Health Services (NYSE:UHS) last issued its quarterly earnings data on Wednesday, July 24th. The health services provider reported $4.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.37 by $0.94. Universal Health Services had a return on equity of 14.91% and a net margin of 6.22%. The company had revenue of $3.91 billion for the quarter, compared to the consensus estimate of $3.87 billion. During the same quarter last year, the business posted $2.53 earnings per share. The firm’s revenue was up 10.1% compared to the same quarter last year. As a group, analysts expect that Universal Health Services, Inc. will post 15.87 EPS for the current year.

Universal Health Services declared that its board has authorized a stock repurchase plan on Wednesday, July 24th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the health services provider to purchase up to 8% of its shares through open market purchases. Shares buyback plans are generally a sign that the company’s board of directors believes its shares are undervalued.

Insider Activity

In other news, Director Eileen C. Mcdonnell sold 2,535 shares of the firm’s stock in a transaction dated Friday, July 26th. The stock was sold at an average price of $209.55, for a total transaction of $531,209.25. Following the transaction, the director now directly owns 6,413 shares of the company’s stock, valued at approximately $1,343,844.15. This trade represents a 0.00 % 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. In other Universal Health Services news, Director Eileen C. Mcdonnell sold 2,535 shares of Universal Health Services stock in a transaction that occurred on Friday, July 26th. The stock was sold at an average price of $209.55, for a total transaction of $531,209.25. Following the sale, the director now directly owns 6,413 shares of the company’s stock, valued at approximately $1,343,844.15. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Warren J. Nimetz sold 3,444 shares of Universal Health Services stock in a transaction that occurred on Monday, August 12th. The shares were sold at an average price of $217.64, for a total value of $749,552.16. Following the sale, the director now directly owns 3,971 shares in the company, valued at approximately $864,248.44. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 21,970 shares of company stock valued at $4,653,535. 16.10% of the stock is currently owned by insiders.

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.