455 Shares in Universal Health Services, Inc. (NYSE:UHS) Acquired by Brooklyn Investment Group

Brooklyn Investment Group purchased a new position in shares of Universal Health Services, Inc. (NYSE:UHS) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 455 shares of the health services provider’s stock, valued at approximately $104,000.

Several other large investors also recently added to or reduced their stakes in UHS. Cetera Advisors LLC bought a new stake in shares of Universal Health Services in the first quarter valued at approximately $642,000. NBC Securities Inc. raised its holdings in Universal Health Services by 403.2% during the 2nd quarter. NBC Securities Inc. now owns 7,321 shares of the health services provider’s stock valued at $1,353,000 after acquiring an additional 5,866 shares during the period. Cetera Investment Advisers lifted its position in shares of Universal Health Services by 134.2% during the first quarter. Cetera Investment Advisers now owns 8,744 shares of the health services provider’s stock worth $1,595,000 after acquiring an additional 5,010 shares in the last quarter. National Pension Service boosted its holdings in shares of Universal Health Services by 3,477,100.0% in the third quarter. National Pension Service now owns 34,772 shares of the health services provider’s stock worth $7,963,000 after acquiring an additional 34,771 shares during the period. Finally, ProShare Advisors LLC grew its position in shares of Universal Health Services by 107.3% in the second quarter. ProShare Advisors LLC now owns 22,284 shares of the health services provider’s stock valued at $4,121,000 after purchasing an additional 11,532 shares in the last quarter. Hedge funds and other institutional investors own 86.05% of the company’s stock.

Universal Health Services Stock Performance

Shares of UHS stock opened at $203.50 on Thursday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.28 and a current ratio of 1.39. Universal Health Services, Inc. has a fifty-two week low of $133.70 and a fifty-two week high of $243.25. The company has a market capitalization of $13.42 billion, a P/E ratio of 13.53, a PEG ratio of 0.63 and a beta of 1.29. The stock has a 50 day moving average price of $216.79 and a two-hundred day moving average price of $206.96.

Universal Health Services (NYSE:UHS) last announced its quarterly earnings results on Thursday, October 24th. The health services provider reported $3.71 earnings per share for the quarter, missing the consensus estimate of $3.75 by ($0.04). The firm had revenue of $3.96 billion for the quarter, compared to analysts’ expectations of $3.90 billion. Universal Health Services had a net margin of 6.66% and a return on equity of 15.75%. The company’s quarterly revenue was up 11.3% on a year-over-year basis. During the same period in the previous year, the company earned $2.55 EPS. Analysts expect that Universal Health Services, Inc. will post 15.93 earnings per share for the current year.

Universal Health Services Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 17th. Investors of record on Tuesday, December 3rd will be issued a dividend of $0.20 per share. The ex-dividend date is Tuesday, December 3rd. This represents a $0.80 dividend on an annualized basis and a yield of 0.39%. Universal Health Services’s dividend payout ratio is presently 5.32%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on UHS shares. StockNews.com lowered Universal Health Services from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 9th. Robert W. Baird raised their price target on Universal Health Services from $236.00 to $274.00 and gave the company an “outperform” rating in a report on Wednesday, September 4th. Bank of America initiated coverage on Universal Health Services in a report on Wednesday, November 6th. They set a “neutral” rating and a $223.00 price objective for the company. Barclays upped their price objective on shares of Universal Health Services from $256.00 to $271.00 and gave the stock an “overweight” rating in a research report on Friday, October 25th. Finally, Wells Fargo & Company dropped their target price on shares of Universal Health Services from $285.00 to $230.00 and set an “overweight” rating for the company in a research report on Monday. Six 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, Universal Health Services currently has a consensus rating of “Moderate Buy” and an average price target of $225.50.

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.