DekaBank Deutsche Girozentrale Sells 101 Shares of Universal Health Services, Inc. (NYSE:UHS)

DekaBank Deutsche Girozentrale cut its holdings in shares of Universal Health Services, Inc. (NYSE:UHS) by 2.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,554 shares of the health services provider’s stock after selling 101 shares during the quarter. DekaBank Deutsche Girozentrale’s holdings in Universal Health Services were worth $1,037,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Inspire Investing LLC bought a new position in shares of Universal Health Services in the first quarter valued at about $897,000. Ontario Teachers Pension Plan Board lifted its position in Universal Health Services by 95.9% during the first quarter. Ontario Teachers Pension Plan Board now owns 19,511 shares of the health services provider’s stock worth $3,560,000 after acquiring an additional 9,549 shares during the last quarter. Nordea Investment Management AB lifted its position in 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 worth $11,998,000 after acquiring an additional 14,326 shares during the last quarter. Susquehanna Fundamental Investments LLC bought a new stake in shares of Universal Health Services during the first quarter worth approximately $738,000. Finally, Bessemer Group Inc. grew its position in shares of Universal Health Services by 5,033.3% in the first quarter. Bessemer Group Inc. now owns 7,084 shares of the health services provider’s stock valued at $1,292,000 after purchasing an additional 6,946 shares during the last quarter. Institutional investors own 86.05% of the company’s stock.

Universal Health Services Stock Up 0.5 %

NYSE UHS opened at $205.26 on Friday. Universal Health Services, Inc. has a fifty-two week low of $125.69 and a fifty-two week high of $243.25. The business has a fifty day moving average price of $227.19 and a two-hundred day moving average price of $202.09. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.39 and a quick ratio of 1.28. The stock has a market capitalization of $13.69 billion, a PE ratio of 13.65, a PEG ratio of 0.65 and a beta of 1.29.

Universal Health Services (NYSE:UHS) last announced its quarterly earnings data on Thursday, October 24th. The health services provider reported $3.71 earnings per share for the quarter, missing the consensus estimate of $3.75 by ($0.04). Universal Health Services had a return on equity of 15.75% and a net margin of 6.66%. The business had revenue of $3.96 billion for the quarter, compared to the consensus estimate of $3.90 billion. During the same quarter in the prior year, the company earned $2.55 earnings per share. Universal Health Services’s quarterly revenue was up 11.3% compared to the same quarter last year. Equities analysts expect that Universal Health Services, Inc. will post 15.89 earnings per share for the current fiscal year.

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

Insider Activity

In related news, Director Warren J. Nimetz sold 3,444 shares of the 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 completion of the transaction, the director now owns 3,971 shares of the company’s stock, valued at $864,248.44. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other news, Director Nina Chen-Langenmayr sold 850 shares of Universal Health Services stock in a transaction dated Wednesday, August 7th. The stock was sold at an average price of $212.11, for a total transaction of $180,293.50. Following the sale, the director now directly owns 1,985 shares of the company’s stock, valued at approximately $421,038.35. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Warren J. Nimetz sold 3,444 shares of the company’s 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 completion of the transaction, the director now directly owns 3,971 shares of the company’s stock, valued at $864,248.44. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 16.10% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

UHS has been the subject of several recent research reports. KeyCorp began coverage on Universal Health Services in a research note on Friday, October 11th. They issued a “sector weight” rating for the company. Wells Fargo & Company upped their price target on shares of Universal Health Services from $255.00 to $275.00 and gave the company an “overweight” rating in a research note on Tuesday, October 22nd. TD Cowen dropped their price objective on shares of Universal Health Services from $283.00 to $275.00 and set a “buy” rating for the company in a research note on Monday, October 28th. Cantor Fitzgerald restated a “neutral” rating and set a $219.00 target price on shares of Universal Health Services in a research report on Friday, October 25th. Finally, The Goldman Sachs Group raised their target price on shares of Universal Health Services from $200.00 to $229.00 and gave the stock a “buy” rating in a report on Tuesday, July 30th. Five research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $231.00.

Universal Health Services Company Profile

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.