OMERS ADMINISTRATION Corp Sells 3,180 Shares of Universal Health Services, Inc. (NYSE:UHS)

OMERS ADMINISTRATION Corp trimmed its stake in Universal Health Services, Inc. (NYSE:UHS) by 27.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,339 shares of the health services provider’s stock after selling 3,180 shares during the period. OMERS ADMINISTRATION Corp’s holdings in Universal Health Services were worth $1,496,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of UHS. Barclays PLC lifted its stake in shares of Universal Health Services by 13.4% in the 3rd quarter. Barclays PLC now owns 188,765 shares of the health services provider’s stock valued at $43,227,000 after purchasing an additional 22,369 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Universal Health Services by 0.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,197,537 shares of the health services provider’s stock valued at $274,248,000 after purchasing an additional 10,578 shares during the last quarter. Czech National Bank lifted its stake in shares of Universal Health Services by 5.1% during the 4th quarter. Czech National Bank now owns 12,731 shares of the health services provider’s stock worth $2,284,000 after acquiring an additional 618 shares during the last quarter. Wedmont Private Capital lifted its stake in shares of Universal Health Services by 26.4% during the 4th quarter. Wedmont Private Capital now owns 1,315 shares of the health services provider’s stock worth $241,000 after acquiring an additional 275 shares during the last quarter. Finally, Board of the Pension Protection Fund bought a new stake in shares of Universal Health Services during the 4th quarter worth approximately $72,000. 86.05% of the stock is owned by institutional investors.

Insider Activity

In other news, Director Maria Ruderman Singer sold 1,000 shares of Universal Health Services stock in a transaction on Monday, March 10th. The stock was sold at an average price of $179.16, for a total value of $179,160.00. Following the transaction, the director now directly owns 7,916 shares in the company, valued at approximately $1,418,230.56. This trade represents a 11.22% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 16.40% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on UHS shares. Barclays raised their price target on Universal Health Services from $249.00 to $257.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 29th. Cantor Fitzgerald raised Universal Health Services from a “neutral” rating to an “overweight” rating in a research note on Monday, February 3rd. Robert W. Baird reissued a “neutral” rating and set a $224.00 price target (down from $274.00) on shares of Universal Health Services in a research note on Tuesday, April 15th. Morgan Stanley started coverage on Universal Health Services in a research note on Wednesday, March 26th. They set an “equal weight” rating and a $200.00 price target for the company. Finally, Royal Bank of Canada decreased their price target on Universal Health Services from $211.00 to $201.00 and set a “sector perform” rating for the company in a research note on Wednesday, April 30th. Nine investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, Universal Health Services currently has an average rating of “Hold” and an average target price of $224.77.

Universal Health Services Trading Up 4.4%

UHS opened at $196.12 on Friday. The stock’s fifty day moving average is $178.19 and its two-hundred day moving average is $185.57. The company has a market capitalization of $12.75 billion, a P/E ratio of 13.04, a PEG ratio of 0.53 and a beta of 1.29. Universal Health Services, Inc. has a 52 week low of $153.99 and a 52 week high of $243.25. The company has a quick ratio of 1.28, a current ratio of 1.39 and a debt-to-equity ratio of 0.69.

Universal Health Services (NYSE:UHS) last released its quarterly earnings data on Monday, April 28th. The health services provider reported $4.84 EPS for the quarter, topping the consensus estimate of $4.36 by $0.48. Universal Health Services had a return on equity of 15.75% and a net margin of 6.66%. The company had revenue of $4.10 billion for the quarter, compared to the consensus estimate of $4.16 billion. During the same period last year, the business posted $3.70 EPS. Universal Health Services’s quarterly revenue was up 6.7% on a year-over-year basis. Analysts forecast that Universal Health Services, Inc. will post 15.92 earnings per share for the current year.

Universal Health Services Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 16th. Stockholders of record on Monday, June 2nd will be issued a $0.20 dividend. The ex-dividend date of this dividend is Monday, June 2nd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.41%. Universal Health Services’s dividend payout ratio is presently 4.49%.

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.