Reinhart Partners Inc. Lowers Position in Universal Health Services, Inc. (NYSE:UHS)

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Reinhart Partners Inc. lowered its holdings in Universal Health Services, Inc. (NYSE:UHS) by 2.3% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 128,175 shares of the health services provider’s stock after selling 3,070 shares during the quarter. Universal Health Services accounts for approximately 1.8% of Reinhart Partners Inc.’s investment portfolio, making the stock its 27th largest holding. Reinhart Partners Inc.’s holdings in Universal Health Services were worth $19,066,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Alps Advisors Inc. purchased a new stake in shares of Universal Health Services in the 3rd quarter valued at about $357,000. First Trust Advisors LP raised its holdings in shares of Universal Health Services by 21.9% in the 3rd quarter. First Trust Advisors LP now owns 300,704 shares of the health services provider’s stock valued at $44,730,000 after acquiring an additional 54,084 shares in the last quarter. Daiwa Securities Group Inc. raised its holdings in shares of Universal Health Services by 51.5% in the 3rd quarter. Daiwa Securities Group Inc. now owns 61,019 shares of the health services provider’s stock valued at $9,076,000 after acquiring an additional 20,739 shares in the last quarter. Parallel Advisors LLC raised its holdings in shares of Universal Health Services by 109.9% in the 3rd quarter. Parallel Advisors LLC now owns 1,083 shares of the health services provider’s stock valued at $161,000 after acquiring an additional 567 shares in the last quarter. Finally, IFM Investors Pty Ltd raised its holdings in shares of Universal Health Services by 64.4% in the 3rd quarter. IFM Investors Pty Ltd now owns 9,664 shares of the health services provider’s stock valued at $1,438,000 after acquiring an additional 3,787 shares in the last quarter. 87.65% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Universal Health Services stock traded up $1.46 during trading on Friday, hitting $141.13. 389,925 shares of the stock traded hands, compared to its average volume of 690,593. The company has a quick ratio of 1.09, a current ratio of 1.19 and a debt-to-equity ratio of 0.76. The stock has a market cap of $12.38 billion, a price-to-earnings ratio of 14.81, a PEG ratio of 1.77 and a beta of 1.06. The firm’s fifty day moving average is $144.25 and its 200-day moving average is $136.67. Universal Health Services, Inc. has a 52 week low of $112.79 and a 52 week high of $157.79.

Universal Health Services (NYSE:UHS) last announced its quarterly earnings data on Thursday, October 24th. The health services provider reported $1.99 EPS for the quarter, missing the consensus estimate of $2.30 by ($0.31). The firm had revenue of $2.82 billion for the quarter, compared to the consensus estimate of $2.77 billion. Universal Health Services had a net margin of 6.48% and a return on equity of 15.80%. Universal Health Services’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same quarter last year, the company posted $2.23 earnings per share. On average, analysts forecast that Universal Health Services, Inc. will post 9.81 earnings per share for the current fiscal year.

UHS has been the topic of several recent analyst reports. Morgan Stanley raised their price target on Universal Health Services from $135.00 to $146.00 and gave the company an “equal weight” rating in a report on Wednesday, July 31st. Royal Bank of Canada raised their price target on Universal Health Services to $165.00 and gave the company an “outperform” rating in a report on Tuesday, July 30th. Credit Suisse Group raised their price target on Universal Health Services from $150.00 to $170.00 and gave the company an “outperform” rating in a report on Monday, July 29th. Bank of America increased their price objective on Universal Health Services from $158.00 to $165.00 and gave the company a “buy” rating in a research report on Friday, July 26th. Finally, Barclays reduced their price objective on Universal Health Services from $145.00 to $138.00 and set an “equal weight” rating on the stock in a research report on Monday, October 28th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and ten have given a buy rating to the company’s stock. Universal Health Services currently has an average rating of “Buy” and a consensus target price of $150.00.

About Universal Health Services

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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