Universal Health Services, Inc. (NYSE:UHS) Holdings Cut by Versor Investments LP

Versor Investments LP cut its stake in shares of Universal Health Services, Inc. (NYSE:UHS) by 63.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,900 shares of the health services provider’s stock after selling 5,102 shares during the quarter. Versor Investments LP’s holdings in Universal Health Services were worth $664,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in UHS. Financial Management Professionals Inc. bought a new position in Universal Health Services during the 3rd quarter worth $32,000. Blue Trust Inc. boosted its holdings in shares of Universal Health Services by 1,284.6% during the second quarter. Blue Trust Inc. now owns 180 shares of the health services provider’s stock valued at $33,000 after acquiring an additional 167 shares during the period. Innealta Capital LLC bought a new position in shares of Universal Health Services during the second quarter worth about $35,000. Headlands Technologies LLC acquired a new stake in shares of Universal Health Services in the 1st quarter worth about $36,000. Finally, LRI Investments LLC bought a new stake in Universal Health Services in the 1st quarter valued at about $43,000. 86.05% of the stock is owned by institutional investors.

Universal Health Services Stock Down 1.1 %

NYSE UHS opened at $202.99 on Thursday. Universal Health Services, Inc. has a 12 month low of $130.78 and a 12 month high of $243.25. The company has a market capitalization of $13.54 billion, a P/E ratio of 13.50, a PEG ratio of 0.65 and a beta of 1.29. The company’s 50 day simple moving average is $222.50 and its 200 day simple moving average is $204.92. 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 (NYSE:UHS) last posted its quarterly earnings results on Thursday, October 24th. The health services provider reported $3.71 earnings per share (EPS) 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 during the quarter, compared to analyst estimates of $3.90 billion. During the same quarter last year, the firm posted $2.55 EPS. The company’s quarterly revenue was up 11.3% compared to the same quarter last year. Equities research analysts expect that Universal Health Services, Inc. will post 15.93 earnings per share for the current fiscal year.

Universal Health Services announced that its Board of Directors has approved a stock repurchase plan on Wednesday, July 24th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the health services provider to repurchase up to 8% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Barclays raised their price target on shares of Universal Health Services from $256.00 to $271.00 and gave the company an “overweight” rating in a research note on Friday, October 25th. TD Cowen lowered their target price on Universal Health Services from $283.00 to $275.00 and set a “buy” rating on the stock in a research report on Monday, October 28th. Wells Fargo & Company boosted their price target on Universal Health Services from $275.00 to $285.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 6th. Cantor Fitzgerald reissued a “neutral” rating and set a $219.00 price target on shares of Universal Health Services in a report on Friday, October 25th. Finally, StockNews.com downgraded shares of Universal Health Services from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 9th. Six research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $231.14.

About Universal Health Services

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.