Universal Health Services, Inc. (NYSE:UHS) Stock Holdings Lessened by Parsons Capital Management Inc. RI

Parsons Capital Management Inc. RI lessened its holdings in shares of Universal Health Services, Inc. (NYSE:UHS) by 5.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 12,474 shares of the health services provider’s stock after selling 782 shares during the period. Parsons Capital Management Inc. RI’s holdings in Universal Health Services were worth $2,238,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Los Angeles Capital Management LLC boosted its stake in Universal Health Services by 102.0% in the third quarter. Los Angeles Capital Management LLC now owns 210,926 shares of the health services provider’s stock valued at $48,304,000 after acquiring an additional 106,517 shares during the period. Mizuho Securities USA LLC boosted its position in Universal Health Services by 2,101.2% during the 3rd quarter. Mizuho Securities USA LLC now owns 101,188 shares of the health services provider’s stock valued at $23,173,000 after purchasing an additional 96,591 shares during the period. World Investment Advisors LLC acquired a new position in Universal Health Services during the 3rd quarter valued at approximately $21,557,000. Worldquant Millennium Advisors LLC grew its stake in Universal Health Services by 70.8% during the 3rd quarter. Worldquant Millennium Advisors LLC now owns 214,379 shares of the health services provider’s stock worth $49,095,000 after buying an additional 88,872 shares during the last quarter. Finally, Franklin Resources Inc. increased its position in Universal Health Services by 163.9% in the third quarter. Franklin Resources Inc. now owns 133,499 shares of the health services provider’s stock worth $29,430,000 after buying an additional 82,913 shares during the period. Institutional investors and hedge funds own 86.05% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on UHS. TD Cowen reduced their price target on shares of Universal Health Services from $275.00 to $251.00 and set a “buy” rating for the company in a report on Tuesday, November 26th. KeyCorp initiated coverage on shares of Universal Health Services in a research note on Friday, October 11th. They set a “sector weight” rating for the company. Bank of America assumed coverage on shares of Universal Health Services in a research note on Wednesday, November 6th. They issued a “neutral” rating and a $223.00 price target on the stock. Royal Bank of Canada reduced their price objective on Universal Health Services from $222.00 to $211.00 and set a “sector perform” rating for the company in a research report on Monday, October 28th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $226.00 target price on shares of Universal Health Services in a research note on Tuesday, December 17th. Seven analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $226.14.

Universal Health Services Price Performance

Shares of NYSE UHS opened at $191.35 on Tuesday. Universal Health Services, Inc. has a twelve month low of $152.68 and a twelve month high of $243.25. The company has a current ratio of 1.39, a quick ratio of 1.28 and a debt-to-equity ratio of 0.69. The firm has a 50-day moving average of $188.51 and a two-hundred day moving average of $207.80. The company has a market capitalization of $12.62 billion, a price-to-earnings ratio of 12.72, a PEG 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. Investors of record on Tuesday, December 3rd were paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 0.42%. The ex-dividend date of this dividend was Tuesday, December 3rd. Universal Health Services’s dividend payout ratio is presently 5.32%.

Insider Buying and Selling

In other news, Director Maria Ruderman Singer sold 1,614 shares of the stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $191.15, for a total transaction of $308,516.10. Following the completion of the sale, the director now owns 5,879 shares in the company, valued at approximately $1,123,770.85. This represents a 21.54 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 16.10% of the stock is currently owned by 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.