Universal Health Services, Inc. (NYSE:UHS) Shares Sold by Resonant Capital Advisors LLC

Resonant Capital Advisors LLC decreased its holdings in Universal Health Services, Inc. (NYSE:UHS) by 5.4% in the fourth quarter, Holdings Channel reports. The fund owned 3,205 shares of the health services provider’s stock after selling 184 shares during the period. Resonant Capital Advisors LLC’s holdings in Universal Health Services were worth $489,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Belpointe Asset Management LLC boosted its position in shares of Universal Health Services by 45.4% during the 1st quarter. Belpointe Asset Management LLC now owns 253 shares of the health services provider’s stock worth $32,000 after purchasing an additional 79 shares during the period. EverSource Wealth Advisors LLC boosted its position in Universal Health Services by 42.8% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 267 shares of the health services provider’s stock valued at $34,000 after buying an additional 80 shares during the period. Bessemer Group Inc. boosted its position in Universal Health Services by 76.4% in the 4th quarter. Bessemer Group Inc. now owns 187 shares of the health services provider’s stock valued at $26,000 after buying an additional 81 shares during the period. Brinker Capital Investments LLC boosted its position in Universal Health Services by 2.5% in the 1st quarter. Brinker Capital Investments LLC now owns 3,375 shares of the health services provider’s stock valued at $489,000 after buying an additional 83 shares during the period. Finally, Van ECK Associates Corp boosted its position in Universal Health Services by 9.6% in the 3rd quarter. Van ECK Associates Corp now owns 1,004 shares of the health services provider’s stock valued at $126,000 after buying an additional 88 shares during the period. Institutional investors and hedge funds own 86.05% of the company’s stock.

Universal Health Services Price Performance

Shares of NYSE:UHS opened at $157.39 on Friday. The company’s fifty day moving average price is $170.40 and its 200 day moving average price is $152.01. Universal Health Services, Inc. has a 12 month low of $119.90 and a 12 month high of $183.61. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.40 and a quick ratio of 1.29. The firm has a market capitalization of $10.58 billion, a P/E ratio of 15.34, a P/E/G ratio of 0.77 and a beta of 1.24.

Universal Health Services (NYSE:UHS) last announced its quarterly earnings results on Tuesday, February 27th. The health services provider reported $3.13 EPS for the quarter, topping the consensus estimate of $3.02 by $0.11. Universal Health Services had a net margin of 5.03% and a return on equity of 12.08%. The firm had revenue of $3.70 billion for the quarter, compared to analyst estimates of $3.66 billion. During the same period last year, the business earned $3.02 EPS. Universal Health Services’s revenue for the quarter was up 7.4% compared to the same quarter last year. As a group, sell-side analysts predict that Universal Health Services, Inc. will post 13.34 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

UHS has been the subject of several recent research reports. Wells Fargo & Company raised their price target on shares of Universal Health Services from $195.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, March 28th. Citigroup raised their price target on shares of Universal Health Services from $170.00 to $193.00 and gave the company a “buy” rating in a research report on Thursday, February 29th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Universal Health Services from $208.00 to $203.00 and set a “buy” rating for the company in a research report on Friday, April 12th. TD Cowen raised their price target on shares of Universal Health Services from $140.00 to $181.00 and gave the company a “market perform” rating in a research report on Friday, March 1st. Finally, Mizuho lifted their price objective on shares of Universal Health Services from $175.00 to $200.00 and gave the stock a “buy” rating in a research report on Wednesday, March 6th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $179.71.

Insider Buying and Selling

In related news, CFO Steve Filton sold 35,000 shares of Universal Health Services stock in a transaction on Friday, March 8th. The shares were sold at an average price of $176.82, for a total transaction of $6,188,700.00. Following the sale, the chief financial officer now directly owns 68,785 shares in the company, valued at approximately $12,162,563.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 16.10% of the stock is owned by company insiders.

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.