Dynamic Technology Lab Private Ltd Buys 3,128 Shares of Universal Health Services, Inc. (NYSE:UHS)

Dynamic Technology Lab Private Ltd grew its position in shares of Universal Health Services, Inc. (NYSE:UHS) by 48.5% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 9,571 shares of the health services provider’s stock after purchasing an additional 3,128 shares during the quarter. Dynamic Technology Lab Private Ltd’s holdings in Universal Health Services were worth $2,192,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Fisher Asset Management LLC acquired a new position in Universal Health Services in the third quarter valued at $543,000. Daiwa Securities Group Inc. boosted its position in shares of Universal Health Services by 13.0% during the 3rd quarter. Daiwa Securities Group Inc. now owns 7,340 shares of the health services provider’s stock valued at $1,681,000 after purchasing an additional 843 shares in the last quarter. Cerity Partners LLC grew its stake in Universal Health Services by 86.4% during the third quarter. Cerity Partners LLC now owns 21,047 shares of the health services provider’s stock worth $4,820,000 after purchasing an additional 9,755 shares during the period. Raymond James Trust N.A. acquired a new position in Universal Health Services in the third quarter valued at approximately $308,000. Finally, Eagle Asset Management Inc. bought a new position in shares of Universal Health Services during the 3rd quarter worth approximately $13,496,000. 86.05% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. Barclays increased their target price on shares of Universal Health Services from $256.00 to $271.00 and gave the stock an “overweight” rating in a research note on Friday, October 25th. The Goldman Sachs Group boosted their target price on Universal Health Services from $200.00 to $229.00 and gave the company a “buy” rating in a research report on Tuesday, July 30th. UBS Group increased their price target on Universal Health Services from $247.00 to $267.00 and gave the stock a “buy” rating in a report on Wednesday, August 14th. KeyCorp assumed coverage on Universal Health Services in a report on Friday, October 11th. They set a “sector weight” rating for the company. Finally, Bank of America initiated coverage on shares of Universal Health Services in a research report on Wednesday, November 6th. They issued a “neutral” rating and a $223.00 price target for the company. Six equities 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 MarketBeat, Universal Health Services currently has an average rating of “Moderate Buy” and a consensus price target of $231.14.

Universal Health Services Stock Performance

UHS stock opened at $197.94 on Monday. 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 firm has a market cap of $13.06 billion, a PE ratio of 13.16, a P/E/G ratio of 0.63 and a beta of 1.29. The business has a 50 day moving average of $218.02 and a 200-day moving average of $206.61. Universal Health Services, Inc. has a 12-month low of $133.70 and a 12-month high of $243.25.

Universal Health Services (NYSE:UHS) last released its earnings results on Thursday, October 24th. The health services provider reported $3.71 EPS for the quarter, missing analysts’ consensus estimates of $3.75 by ($0.04). The business had revenue of $3.96 billion for the quarter, compared to the consensus estimate of $3.90 billion. Universal Health Services had a return on equity of 15.75% and a net margin of 6.66%. The company’s revenue for the quarter was up 11.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.55 earnings per share. As a group, sell-side analysts expect that Universal Health Services, Inc. will post 15.93 earnings per share for the current year.

Universal Health Services Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 17th. Investors of record on Tuesday, December 3rd will be paid a $0.20 dividend. The ex-dividend date is Tuesday, December 3rd. This represents a $0.80 annualized dividend and a yield of 0.40%. Universal Health Services’s payout ratio is 5.32%.

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.