Plan Group Financial LLC Trims Position in Universal Health Services, Inc. (NYSE:UHS)

Plan Group Financial LLC decreased its position in Universal Health Services, Inc. (NYSE:UHS) by 3.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,895 shares of the health services provider’s stock after selling 58 shares during the quarter. Plan Group Financial LLC’s holdings in Universal Health Services were worth $340,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of UHS. R Squared Ltd bought a new position in shares of Universal Health Services in the 4th quarter worth approximately $29,000. Financial Management Professionals Inc. purchased a new stake in Universal Health Services during the third quarter valued at approximately $32,000. Quent Capital LLC boosted its stake in shares of Universal Health Services by 118.3% during the 4th quarter. Quent Capital LLC now owns 179 shares of the health services provider’s stock worth $32,000 after acquiring an additional 97 shares during the last quarter. True Wealth Design LLC purchased a new position in shares of Universal Health Services during the 3rd quarter worth $39,000. Finally, Huntington National Bank increased its stake in shares of Universal Health Services by 414.3% in the 3rd quarter. Huntington National Bank now owns 180 shares of the health services provider’s stock worth $41,000 after purchasing an additional 145 shares in the last quarter. 86.05% of the stock is owned by hedge funds and other institutional investors.

Universal Health Services Stock Up 0.9 %

NYSE UHS opened at $183.11 on Wednesday. The stock has a 50 day moving average price of $184.62 and a 200-day moving average price of $206.71. Universal Health Services, Inc. has a one year low of $152.68 and a one year high of $243.25. The company has a market capitalization of $12.08 billion, a P/E ratio of 12.18, a P/E/G ratio of 0.52 and a beta of 1.30. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.28 and a current ratio of 1.39.

Universal Health Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be paid a $0.20 dividend. 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 currently 5.32%.

Insider Activity

In related 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 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 transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 16.10% of the company’s stock.

Analyst Ratings Changes

UHS has been the topic of several analyst reports. Wells Fargo & Company lowered their target price on Universal Health Services from $285.00 to $230.00 and set an “overweight” rating on the stock in a research report on Monday, November 25th. Barclays lifted their price objective on Universal Health Services from $256.00 to $271.00 and gave the company an “overweight” rating in a research report on Friday, October 25th. 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. 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 for the company. Finally, Royal Bank of Canada cut their price target on Universal Health Services from $222.00 to $211.00 and set a “sector perform” rating for the company in a research note on Monday, October 28th. Six investment 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 stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $226.14.

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.