Universal Health Services, Inc. (NYSE:UHS) Shares Sold by Perissos Private Wealth Management LLC

Perissos Private Wealth Management LLC trimmed its holdings in shares of Universal Health Services, Inc. (NYSE:UHS) by 7.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,025 shares of the health services provider’s stock after selling 326 shares during the period. Perissos Private Wealth Management LLC’s holdings in Universal Health Services were worth $722,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of UHS. CWM LLC increased its holdings in shares of Universal Health Services by 373.1% during the third quarter. CWM LLC now owns 4,457 shares of the health services provider’s stock valued at $1,021,000 after purchasing an additional 3,515 shares during the period. Livforsakringsbolaget Skandia Omsesidigt acquired a new position in shares of Universal Health Services during the third quarter valued at $92,000. Exchange Traded Concepts LLC acquired a new position in shares of Universal Health Services during the third quarter valued at $411,000. Creative Planning increased its holdings in shares of Universal Health Services by 15.0% during the third quarter. Creative Planning now owns 6,644 shares of the health services provider’s stock valued at $1,521,000 after purchasing an additional 869 shares during the period. Finally, NBC Securities Inc. increased its holdings in shares of Universal Health Services by 4.3% during the third quarter. NBC Securities Inc. now owns 7,635 shares of the health services provider’s stock valued at $1,748,000 after purchasing an additional 314 shares during the period. 86.05% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages recently weighed in on UHS. Wells Fargo & Company decreased their target price on Universal Health Services from $285.00 to $230.00 and set an “overweight” rating for the company in a research note on Monday, November 25th. Barclays raised 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. The Goldman Sachs Group cut Universal Health Services from a “buy” rating to a “neutral” rating and decreased their target price for the company from $228.00 to $198.00 in a research note on Monday, December 16th. StockNews.com cut Universal Health Services from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 9th. Finally, Royal Bank of Canada decreased their target price on Universal Health Services from $222.00 to $211.00 and set a “sector perform” rating for the company in a research note on Monday, October 28th. Six investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Universal Health Services presently has a consensus rating of “Moderate Buy” and an average target price of $226.14.

Universal Health Services Trading Up 0.3 %

NYSE:UHS opened at $185.93 on Wednesday. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.39 and a quick ratio of 1.28. Universal Health Services, Inc. has a fifty-two week low of $152.68 and a fifty-two week high of $243.25. The stock’s 50-day moving average is $185.93 and its two-hundred day moving average is $207.89. The stock has a market cap of $12.27 billion, a PE ratio of 12.36, a price-to-earnings-growth ratio of 0.54 and a beta of 1.30.

Universal Health Services Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 17th. Shareholders of record on Tuesday, December 3rd were paid a dividend of $0.20 per share. The ex-dividend date was Tuesday, December 3rd. This represents a $0.80 annualized dividend and a yield of 0.43%. Universal Health Services’s dividend payout ratio (DPR) is presently 5.32%.

Insider Buying and Selling at Universal Health Services

In other Universal Health Services news, Director Maria Ruderman Singer sold 1,614 shares of Universal Health Services stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $191.15, for a total transaction of $308,516.10. Following the transaction, the director now owns 5,879 shares of the company’s stock, valued at $1,123,770.85. The trade was a 21.54 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 16.10% of the company’s stock.

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.