Fjarde AP Fonden Fourth Swedish National Pension Fund Sells 657 Shares of Universal Health Services (UHS)

Fjarde AP Fonden Fourth Swedish National Pension Fund decreased its holdings in shares of Universal Health Services (NYSE:UHS) by 2.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 26,978 shares of the health services provider’s stock after selling 657 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Universal Health Services were worth $3,194,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Cerebellum GP LLC bought a new stake in Universal Health Services during the fourth quarter valued at $127,000. Parametrica Management Ltd bought a new position in shares of Universal Health Services during the first quarter worth about $201,000. NuWave Investment Management LLC bought a new position in shares of Universal Health Services during the first quarter worth about $205,000. Commerce Bank bought a new position in shares of Universal Health Services during the first quarter worth about $208,000. Finally, Wetherby Asset Management Inc. bought a new position in shares of Universal Health Services during the first quarter worth about $213,000. Hedge funds and other institutional investors own 87.53% of the company’s stock.

Several equities analysts have recently commented on the stock. Zacks Investment Research lowered shares of Universal Health Services from a “buy” rating to a “hold” rating in a research report on Friday, April 27th. Morgan Stanley lowered their price target on shares of Universal Health Services from $124.00 to $120.00 and set an “equal weight” rating for the company in a research report on Friday, April 27th. Deutsche Bank upped their price target on shares of Universal Health Services from $132.00 to $138.00 and gave the stock a “buy” rating in a research report on Tuesday, March 6th. Robert W. Baird restated a “buy” rating and set a $140.00 price target (up previously from $122.00) on shares of Universal Health Services in a research report on Tuesday, March 6th. Finally, Credit Suisse Group restated an “outperform” rating and set a $140.00 price target (up previously from $135.00) on shares of Universal Health Services in a research report on Monday, March 5th. They noted that the move was a valuation call. One research analyst has rated the stock with a sell rating, four have issued a hold rating and eleven have assigned a buy rating to the company. Universal Health Services has an average rating of “Buy” and an average price target of $133.13.

UHS stock opened at $117.41 on Wednesday. The stock has a market capitalization of $11.16 billion, a P/E ratio of 15.59, a P/E/G ratio of 1.13 and a beta of 0.84. Universal Health Services has a fifty-two week low of $117.17 and a fifty-two week high of $118.18. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.19 and a quick ratio of 1.11.

Universal Health Services (NYSE:UHS) last posted its quarterly earnings data on Wednesday, April 25th. The health services provider reported $2.45 earnings per share for the quarter, missing the consensus estimate of $2.59 by ($0.14). The company had revenue of $2.69 billion during the quarter, compared to analyst estimates of $2.75 billion. Universal Health Services had a return on equity of 15.24% and a net margin of 7.34%. The business’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same period in the previous year, the company earned $2.10 EPS. analysts anticipate that Universal Health Services will post 9.41 EPS for the current fiscal year.

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.

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

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