Universal Health Services, Inc. (NYSE:UHS) Shares Bought by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. raised its holdings in shares of Universal Health Services, Inc. (NYSE:UHS) by 3.6% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 8,518 shares of the health services provider’s stock after acquiring an additional 296 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Universal Health Services were worth $1,951,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Cetera Advisors LLC acquired a new position in Universal Health Services in the first quarter valued at $642,000. NBC Securities Inc. increased its position in Universal Health Services by 403.2% during the second quarter. NBC Securities Inc. now owns 7,321 shares of the health services provider’s stock worth $1,353,000 after buying an additional 5,866 shares during the period. Cetera Investment Advisers lifted its stake in Universal Health Services by 134.2% in the first quarter. Cetera Investment Advisers now owns 8,744 shares of the health services provider’s stock valued at $1,595,000 after buying an additional 5,010 shares during the last quarter. National Pension Service boosted its holdings in shares of Universal Health Services by 3,477,100.0% in the third quarter. National Pension Service now owns 34,772 shares of the health services provider’s stock valued at $7,963,000 after acquiring an additional 34,771 shares during the period. Finally, ProShare Advisors LLC grew its position in shares of Universal Health Services by 107.3% during the second quarter. ProShare Advisors LLC now owns 22,284 shares of the health services provider’s stock worth $4,121,000 after acquiring an additional 11,532 shares during the last quarter. Hedge funds and other institutional investors own 86.05% of the company’s stock.

Universal Health Services Trading Up 3.5 %

Shares of Universal Health Services stock opened at $206.13 on Wednesday. The company has a 50-day moving average of $217.31 and a two-hundred day moving average of $206.76. The stock has a market cap of $13.60 billion, a PE ratio of 13.70, a price-to-earnings-growth ratio of 0.63 and a beta of 1.29. The company has a current ratio of 1.39, a quick ratio of 1.28 and a debt-to-equity ratio of 0.69. Universal Health Services, Inc. has a 12-month low of $133.70 and a 12-month high of $243.25.

Universal Health Services (NYSE:UHS) last announced its quarterly earnings results on Thursday, October 24th. The health services provider reported $3.71 earnings per share for the quarter, missing analysts’ consensus estimates of $3.75 by ($0.04). The firm had revenue of $3.96 billion during the quarter, compared to analysts’ expectations of $3.90 billion. Universal Health Services had a net margin of 6.66% and a return on equity of 15.75%. The company’s quarterly revenue was up 11.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.55 EPS. On average, research analysts anticipate that Universal Health Services, Inc. will post 15.93 EPS for the current fiscal year.

Universal Health Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 17th. Investors of record on Tuesday, December 3rd will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Tuesday, December 3rd. This represents a $0.80 annualized dividend and a dividend yield of 0.39%. Universal Health Services’s dividend payout ratio is currently 5.32%.

Analyst Ratings Changes

Several analysts recently commented on UHS shares. Robert W. Baird upped their price target on shares of Universal Health Services from $236.00 to $274.00 and gave the company an “outperform” rating in a research report on Wednesday, September 4th. TD Cowen lowered their price target on Universal Health Services from $275.00 to $251.00 and set a “buy” rating on the stock in a report on Tuesday. Wells Fargo & Company reduced their price objective on Universal Health Services from $285.00 to $230.00 and set an “overweight” rating for the company in a research note on Monday. Barclays lifted their target price on Universal Health Services from $256.00 to $271.00 and gave the company an “overweight” rating in a research note on Friday, October 25th. Finally, Cantor Fitzgerald restated a “neutral” rating and set a $219.00 price target on shares of Universal Health Services in a research note on Friday, October 25th. Six equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Universal Health Services currently has a consensus rating of “Moderate Buy” and a consensus price target of $225.50.

Universal Health Services 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.