Universal Health Services, Inc. $UHS Shares Acquired by Pzena Investment Management LLC

Pzena Investment Management LLC boosted its position in Universal Health Services, Inc. (NYSE:UHS) by 32.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,607,221 shares of the health services provider’s stock after buying an additional 637,894 shares during the quarter. Universal Health Services makes up about 1.3% of Pzena Investment Management LLC’s portfolio, making the stock its 25th biggest position. Pzena Investment Management LLC’s holdings in Universal Health Services were worth $454,334,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. Provenance Wealth Advisors LLC acquired a new position in Universal Health Services during the 3rd quarter worth approximately $44,000. Signature Equity Partners LLC grew its stake in shares of Universal Health Services by 1,183.3% during the 3rd quarter. Signature Equity Partners LLC now owns 308 shares of the health services provider’s stock worth $54,000 after acquiring an additional 284 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Universal Health Services during the 3rd quarter worth approximately $2,697,000. Aviance Capital Partners LLC raised its holdings in shares of Universal Health Services by 11.5% in the third quarter. Aviance Capital Partners LLC now owns 9,541 shares of the health services provider’s stock valued at $1,663,000 after purchasing an additional 983 shares during the last quarter. Finally, ProShare Advisors LLC raised its holdings in shares of Universal Health Services by 2.1% in the third quarter. ProShare Advisors LLC now owns 19,697 shares of the health services provider’s stock valued at $3,432,000 after purchasing an additional 398 shares during the last quarter. Institutional investors own 86.05% of the company’s stock.

Analyst Ratings Changes

UHS has been the topic of a number of research reports. The Goldman Sachs Group cut their price objective on shares of Universal Health Services from $242.00 to $190.00 and set a “neutral” rating on the stock in a research report on Thursday, July 30th. Wells Fargo & Company raised their target price on shares of Universal Health Services from $166.00 to $170.00 and gave the company an “equal weight” rating in a research report on Monday. Zacks Research downgraded shares of Universal Health Services from a “hold” rating to a “strong sell” rating in a research report on Friday, October 30th. Weiss Ratings upgraded shares of Universal Health Services from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, October 14th. Finally, UBS Group reissued a “buy” rating on shares of Universal Health Services in a research report on Monday, August 31st. Six investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $201.00.

Universal Health Services Trading Up 10.8%

Shares of Universal Health Services stock opened at $196.19 on Thursday. Universal Health Services, Inc. has a 12-month low of $140.08 and a 12-month high of $246.32. The stock has a market cap of $11.56 billion, a P/E ratio of 8.21, a P/E/G ratio of 1.85 and a beta of 1.11. The company has a quick ratio of 1.28, a current ratio of 1.37 and a debt-to-equity ratio of 0.73. The business’s 50 day moving average is $177.84 and its 200-day moving average is $177.06.

Universal Health Services (NYSE:UHS) last released its quarterly earnings data on Tuesday, October 27th. The health services provider reported $5.22 EPS for the quarter, beating the consensus estimate of $5.19 by $0.03. Universal Health Services had a return on equity of 18.39% and a net margin of 7.96%. The company had revenue of $4.73 billion during the quarter, compared to the consensus estimate of $4.71 billion. During the same quarter in the prior year, the firm posted $5.69 EPS. The firm’s revenue for the quarter was up 5.3% compared to the same quarter last year. Equities research analysts predict that Universal Health Services, Inc. will post 22.63 earnings per share for the current fiscal year.

About Universal Health Services

Universal Health Services, Inc (NYSE: UHS) is a healthcare services company that owns and operates hospitals, outpatient facilities and other healthcare providers. Its operations are focused primarily on acute care and behavioral health services.

The company’s acute care operations include general and specialty hospitals, ambulatory surgery centers, emergency departments, physician practices and other outpatient services. Its behavioral health business provides inpatient and outpatient treatment for mental health conditions, substance-use disorders and related needs.

Universal Health Services serves patients across the United States and Puerto Rico, with additional behavioral health operations in the United Kingdom.