Y Intercept Hong Kong Ltd raised its position in Universal Health Services, Inc. (NYSE:UHS – Free Report) by 73.0% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 19,374 shares of the health services provider’s stock after acquiring an additional 8,176 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Universal Health Services were worth $3,476,000 as of its most recent filing with the SEC.
Other hedge funds have also recently added to or reduced their stakes in the company. R Squared Ltd acquired a new stake in Universal Health Services in the fourth quarter valued at approximately $29,000. Financial Management Professionals Inc. acquired a new stake in Universal Health Services in the third quarter valued at approximately $32,000. Quent Capital LLC grew its stake in Universal Health Services by 118.3% in the fourth quarter. Quent Capital LLC now owns 179 shares of the health services provider’s stock valued at $32,000 after acquiring an additional 97 shares during the period. True Wealth Design LLC acquired a new stake in Universal Health Services in the third quarter valued at approximately $39,000. Finally, Huntington National Bank grew its stake in Universal Health Services by 414.3% in the third quarter. Huntington National Bank now owns 180 shares of the health services provider’s stock valued at $41,000 after acquiring an additional 145 shares during the period. Institutional investors and hedge funds own 86.05% of the company’s stock.
Universal Health Services Stock Performance
Shares of UHS opened at $179.93 on Monday. The firm has a market cap of $11.87 billion, a PE ratio of 11.96, a PEG ratio of 0.53 and a beta of 1.30. The stock’s fifty day moving average price is $184.27 and its two-hundred day moving average price is $206.09. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.39 and a quick ratio of 1.28. Universal Health Services, Inc. has a 1 year low of $152.68 and a 1 year high of $243.25.
Universal Health Services Announces Dividend
Insider Buying and Selling at Universal Health Services
In other Universal Health Services news, Director Maria Ruderman Singer sold 1,614 shares of the business’s 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 sale, the director now directly owns 5,879 shares in the company, valued at $1,123,770.85. The trade was a 21.54 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 16.10% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research analysts recently issued reports on UHS shares. Cantor Fitzgerald raised Universal Health Services from a “neutral” rating to an “overweight” rating in a research report on Monday, February 3rd. Wells Fargo & Company cut 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. StockNews.com cut Universal Health Services from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 9th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $226.00 target price on shares of Universal Health Services in a research report on Tuesday, December 17th. Finally, Royal Bank of Canada cut their target price on Universal Health Services from $222.00 to $211.00 and set a “sector perform” rating on the stock in a research report on Monday, October 28th. Six research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $226.14.
Read Our Latest Stock Analysis on UHS
Universal Health Services 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.
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