Universal Health Services, Inc. (UHS) Holdings Trimmed by Boston Partners

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Boston Partners lessened its holdings in Universal Health Services, Inc. (NYSE:UHS) by 16.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 929,515 shares of the health services provider’s stock after selling 186,436 shares during the quarter. Boston Partners owned 1.00% of Universal Health Services worth $108,345,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Standard Life Aberdeen plc raised its stake in shares of Universal Health Services by 1.7% in the third quarter. Standard Life Aberdeen plc now owns 150,447 shares of the health services provider’s stock worth $19,234,000 after purchasing an additional 2,585 shares during the last quarter. State of Alaska Department of Revenue raised its stake in shares of Universal Health Services by 11.7% in the fourth quarter. State of Alaska Department of Revenue now owns 26,505 shares of the health services provider’s stock worth $3,087,000 after purchasing an additional 2,772 shares during the last quarter. Sector Gamma AS raised its stake in shares of Universal Health Services by 6.5% in the third quarter. Sector Gamma AS now owns 105,012 shares of the health services provider’s stock worth $13,425,000 after purchasing an additional 6,379 shares during the last quarter. AXA raised its stake in shares of Universal Health Services by 136.5% in the third quarter. AXA now owns 174,906 shares of the health services provider’s stock worth $22,360,000 after purchasing an additional 100,954 shares during the last quarter. Finally, Nuance Investments LLC raised its stake in shares of Universal Health Services by 1.5% in the third quarter. Nuance Investments LLC now owns 299,082 shares of the health services provider’s stock worth $38,203,000 after purchasing an additional 4,487 shares during the last quarter. 91.95% of the stock is owned by institutional investors and hedge funds.

Several brokerages have recently issued reports on UHS. Zacks Investment Research cut Universal Health Services from a “hold” rating to a “sell” rating in a research note on Friday, February 15th. Stephens initiated coverage on Universal Health Services in a research report on Monday, January 14th. They set an “equal weight” rating and a $134.00 price target for the company. Deutsche Bank initiated coverage on Universal Health Services in a research report on Thursday, January 3rd. They set a “buy” rating and a $140.00 price target for the company. Goldman Sachs Group cut Universal Health Services from a “neutral” rating to a “sell” rating and set a $125.00 price target for the company. in a research report on Thursday, December 13th. Finally, UBS Group initiated coverage on Universal Health Services in a research report on Thursday, November 15th. They set a “buy” rating and a $156.00 price target for the company. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and eight have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $137.86.

Universal Health Services stock opened at $134.32 on Thursday. The company has a market capitalization of $12.54 billion, a PE ratio of 17.84, a price-to-earnings-growth ratio of 1.32 and a beta of 1.07. Universal Health Services, Inc. has a 12 month low of $109.37 and a 12 month high of $139.63. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.09 and a quick ratio of 1.01.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 15th. Stockholders of record on Friday, March 1st will be given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.30%. The ex-dividend date is Thursday, February 28th. Universal Health Services’s dividend payout ratio (DPR) is presently 5.31%.

Universal Health Services announced that its board has approved a share buyback plan on Monday, December 17th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the health services provider to repurchase up to 4.5% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board of directors believes its shares are undervalued.

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Universal Health Services Company Profile

Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, outpatient facilities, and behavioral health care facilities. The company operates through Acute Care Hospital Services, Behavioral Health Care Services, and Other segments. Its hospital offer general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, coronary care, pediatric services, pharmacy services, and/or behavioral health services.

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Institutional Ownership by Quarter for Universal Health Services (NYSE:UHS)

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