Contravisory Investment Management Inc. Has $617,000 Holdings in Universal Health Services, Inc. (NYSE:UHS)

Contravisory Investment Management Inc. lifted its holdings in Universal Health Services, Inc. (NYSE:UHS) by 63.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,438 shares of the health services provider’s stock after buying an additional 1,336 shares during the period. Contravisory Investment Management Inc.’s holdings in Universal Health Services were worth $617,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Empirical Finance LLC boosted its position in Universal Health Services by 1.1% during the 3rd quarter. Empirical Finance LLC now owns 5,704 shares of the health services provider’s stock worth $1,306,000 after acquiring an additional 64 shares during the period. US Bancorp DE increased its stake in shares of Universal Health Services by 3.0% in the third quarter. US Bancorp DE now owns 2,238 shares of the health services provider’s stock worth $512,000 after acquiring an additional 65 shares during the last quarter. Quarry LP raised its holdings in shares of Universal Health Services by 14.4% during the third quarter. Quarry LP now owns 516 shares of the health services provider’s stock worth $118,000 after acquiring an additional 65 shares in the last quarter. Mather Group LLC. boosted its position in Universal Health Services by 31.6% during the third quarter. Mather Group LLC. now owns 283 shares of the health services provider’s stock valued at $65,000 after purchasing an additional 68 shares during the last quarter. Finally, Banco Santander S.A. increased its position in Universal Health Services by 2.3% in the 3rd quarter. Banco Santander S.A. now owns 3,032 shares of the health services provider’s stock worth $694,000 after purchasing an additional 68 shares during the last quarter. 86.05% of the stock is owned by institutional investors and hedge funds.

Universal Health Services Stock Down 0.4 %

Shares of UHS stock opened at $183.50 on Thursday. The stock has a market cap of $12.11 billion, a P/E ratio of 12.20, a price-to-earnings-growth ratio of 0.53 and a beta of 1.30. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.39 and a quick ratio of 1.28. The stock has a fifty day moving average price of $191.26 and a 200 day moving average price of $207.38. Universal Health Services, Inc. has a one year low of $150.11 and a one year high of $243.25.

Universal Health Services (NYSE:UHS) last posted its earnings results on Thursday, October 24th. The health services provider reported $3.71 earnings per share for the quarter, missing analysts’ consensus estimates of $3.75 by ($0.04). Universal Health Services had a net margin of 6.66% and a return on equity of 15.75%. The business had revenue of $3.96 billion during the quarter, compared to the consensus estimate of $3.90 billion. During the same period in the previous year, the firm earned $2.55 EPS. The business’s revenue was up 11.3% compared to the same quarter last year. Analysts predict that Universal Health Services, Inc. will post 15.92 earnings per share for the current year.

Universal Health Services Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 17th. Stockholders of record on Tuesday, December 3rd were issued a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 0.44%. The ex-dividend date of this dividend was Tuesday, December 3rd. Universal Health Services’s payout ratio is 5.32%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $219.00 price objective on shares of Universal Health Services in a research report on Friday, October 25th. Barclays lifted their price objective on shares of Universal Health Services from $256.00 to $271.00 and gave the company an “overweight” rating in a research note on Friday, October 25th. TD Cowen lowered their target price on shares of Universal Health Services from $275.00 to $251.00 and set a “buy” rating on the stock in a research report on Tuesday, November 26th. Bank of America initiated coverage on Universal Health Services in a research note on Wednesday, November 6th. They set a “neutral” rating and a $223.00 price target for the company. Finally, KeyCorp initiated coverage on Universal Health Services in a research note on Friday, October 11th. They issued a “sector weight” rating on the stock. Seven research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $226.14.

Insider Buying and Selling

In other Universal Health Services news, Director Maria Ruderman Singer sold 1,614 shares of Universal Health Services stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $191.15, for a total value of $308,516.10. Following the completion of the transaction, the director now owns 5,879 shares in the company, valued at approximately $1,123,770.85. The trade was a 21.54 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 16.10% of the stock is currently owned by corporate insiders.

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.