Quent Capital LLC Buys 97 Shares of Universal Health Services, Inc. (NYSE:UHS)

Quent Capital LLC increased its stake in shares of Universal Health Services, Inc. (NYSE:UHS) by 118.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 179 shares of the health services provider’s stock after purchasing an additional 97 shares during the quarter. Quent Capital LLC’s holdings in Universal Health Services were worth $32,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of UHS. Los Angeles Capital Management LLC grew its stake in shares of Universal Health Services by 102.0% during 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 purchasing an additional 106,517 shares during the last quarter. Mizuho Securities USA LLC grew its stake in shares of Universal Health Services by 2,101.2% during the third 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 last quarter. World Investment Advisors LLC bought a new stake in shares of Universal Health Services during the third quarter valued at approximately $21,557,000. Worldquant Millennium Advisors LLC grew its stake in shares of Universal Health Services by 70.8% during the third quarter. Worldquant Millennium Advisors LLC now owns 214,379 shares of the health services provider’s stock valued at $49,095,000 after purchasing an additional 88,872 shares during the last quarter. Finally, Franklin Resources Inc. grew its stake in shares of Universal Health Services by 163.9% during the third quarter. Franklin Resources Inc. now owns 133,499 shares of the health services provider’s stock valued at $29,430,000 after purchasing an additional 82,913 shares during the last quarter. 86.05% of the stock is owned by institutional investors.

Universal Health Services Trading Up 1.8 %

Shares of NYSE:UHS opened at $182.52 on Friday. Universal Health Services, Inc. has a 12 month low of $152.68 and a 12 month high of $243.25. The company has a quick ratio of 1.28, a current ratio of 1.39 and a debt-to-equity ratio of 0.69. The company’s fifty day simple moving average is $185.27 and its 200 day simple moving average is $207.51. The firm has a market cap of $12.04 billion, a price-to-earnings ratio of 12.14, a PEG ratio of 0.54 and a beta of 1.30.

Universal Health Services Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.44%. Universal Health Services’s payout ratio is 5.32%.

Insider Buying and Selling

In related news, Director Maria Ruderman Singer sold 1,614 shares of the firm’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $191.15, for a total transaction of $308,516.10. Following the sale, the director now directly owns 5,879 shares in the company, valued at $1,123,770.85. This trade represents a 21.54 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 16.10% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts have issued reports on UHS shares. Bank of America started 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 objective on the stock. Wells Fargo & Company reduced their price objective on shares of Universal Health Services from $285.00 to $230.00 and set an “overweight” rating on the stock in a research note on Monday, November 25th. Cantor Fitzgerald raised shares of Universal Health Services from a “neutral” rating to an “overweight” rating in a research note on Monday, February 3rd. StockNews.com cut shares of Universal Health Services from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 9th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $226.00 price objective on shares of Universal Health Services in a research note on Tuesday, December 17th. Six research analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $226.14.

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.