Foster & Motley Inc. Takes Position in Universal Health Services, Inc. (NYSE:UHS)

Foster & Motley Inc. acquired a new stake in shares of Universal Health Services, Inc. (NYSE:UHS) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 1,971 shares of the health services provider’s stock, valued at approximately $300,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Invesco Ltd. raised its position in Universal Health Services by 4.1% in the third quarter. Invesco Ltd. now owns 3,398,974 shares of the health services provider’s stock worth $427,353,000 after purchasing an additional 134,122 shares in the last quarter. Massachusetts Financial Services Co. MA raised its position in Universal Health Services by 48.0% in the third quarter. Massachusetts Financial Services Co. MA now owns 1,967,220 shares of the health services provider’s stock worth $247,339,000 after purchasing an additional 638,166 shares in the last quarter. American Century Companies Inc. raised its position in Universal Health Services by 12.9% in the third quarter. American Century Companies Inc. now owns 1,707,708 shares of the health services provider’s stock worth $214,710,000 after purchasing an additional 195,650 shares in the last quarter. Nuance Investments LLC grew its stake in Universal Health Services by 0.4% during the third quarter. Nuance Investments LLC now owns 1,463,921 shares of the health services provider’s stock worth $184,059,000 after buying an additional 6,400 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its stake in Universal Health Services by 3.5% during the third quarter. JPMorgan Chase & Co. now owns 1,090,010 shares of the health services provider’s stock worth $137,047,000 after buying an additional 37,243 shares during the last quarter. Institutional investors and hedge funds own 86.05% of the company’s stock.

Analysts Set New Price Targets

Several analysts have weighed in on UHS shares. Cantor Fitzgerald reaffirmed an “underweight” rating and set a $156.00 price objective on shares of Universal Health Services in a research note on Wednesday, April 10th. StockNews.com raised shares of Universal Health Services from a “hold” rating to a “buy” rating in a research note on Monday, January 8th. Barclays initiated coverage on shares of Universal Health Services in a research note on Wednesday, March 6th. They set an “equal weight” rating and a $181.00 price objective on the stock. Mizuho increased their price target on shares of Universal Health Services from $175.00 to $200.00 and gave the company a “buy” rating in a research note on Wednesday, March 6th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Universal Health Services from $144.00 to $182.00 and gave the company a “neutral” rating in a research note on Wednesday, March 13th. One research analyst has rated the stock with a sell rating, four have given a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $179.71.

Universal Health Services Stock Up 0.6 %

Shares of UHS stock opened at $165.84 on Thursday. The company has a current ratio of 1.40, a quick ratio of 1.29 and a debt-to-equity ratio of 0.77. Universal Health Services, Inc. has a 1 year low of $119.90 and a 1 year high of $183.61. The firm’s fifty day moving average price is $170.50 and its two-hundred day moving average price is $153.01. The firm has a market capitalization of $11.15 billion, a P/E ratio of 16.16, a PEG ratio of 0.82 and a beta of 1.24.

Universal Health Services (NYSE:UHS) last announced its quarterly earnings data on Wednesday, April 24th. The health services provider reported $3.70 EPS for the quarter, beating analysts’ consensus estimates of $3.12 by $0.58. Universal Health Services had a net margin of 5.03% and a return on equity of 12.08%. The company had revenue of $3.84 billion during the quarter, compared to the consensus estimate of $3.78 billion. During the same quarter last year, the firm posted $2.34 EPS. The company’s quarterly revenue was up 10.8% on a year-over-year basis. On average, equities analysts predict that Universal Health Services, Inc. will post 13.34 EPS for the current fiscal year.

Insider Activity

In other news, CFO Steve Filton sold 35,000 shares of Universal Health Services stock in a transaction dated Friday, March 8th. The shares were sold at an average price of $176.82, for a total value of $6,188,700.00. Following the completion of the transaction, the chief financial officer now owns 68,785 shares of the company’s stock, valued at approximately $12,162,563.70. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 16.10% of the company’s stock.

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.