APG Asset Management N.V. Sells 180,000 Shares of Universal Health Services, Inc. (UHS)

APG Asset Management N.V. trimmed its position in Universal Health Services, Inc. (NYSE:UHS) by 71.2% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 72,685 shares of the health services provider’s stock after selling 180,000 shares during the period. APG Asset Management N.V. owned about 0.08% of Universal Health Services worth $8,064,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently made changes to their positions in UHS. Credit Suisse AG boosted its position in Universal Health Services by 6.9% in the 1st quarter. Credit Suisse AG now owns 135,394 shares of the health services provider’s stock valued at $16,851,000 after buying an additional 8,709 shares during the last quarter. Nomura Asset Management Co. Ltd. boosted its position in shares of Universal Health Services by 10.4% in the 1st quarter. Nomura Asset Management Co. Ltd. now owns 12,259 shares of the health services provider’s stock worth $1,526,000 after purchasing an additional 1,159 shares during the last quarter. Xact Kapitalforvaltning AB boosted its position in shares of Universal Health Services by 0.3% in the 2nd quarter. Xact Kapitalforvaltning AB now owns 14,324 shares of the health services provider’s stock worth $1,749,000 after purchasing an additional 48 shares during the last quarter. Bank of Montreal Can boosted its position in shares of Universal Health Services by 26.1% in the 2nd quarter. Bank of Montreal Can now owns 108,446 shares of the health services provider’s stock worth $13,239,000 after purchasing an additional 22,454 shares during the last quarter. Finally, Gateway Investment Advisers LLC boosted its position in shares of Universal Health Services by 0.3% in the 2nd quarter. Gateway Investment Advisers LLC now owns 125,161 shares of the health services provider’s stock worth $15,280,000 after purchasing an additional 359 shares during the last quarter. Hedge funds and other institutional investors own 85.73% of the company’s stock.

Several research analysts have recently issued reports on UHS shares. Royal Bank Of Canada restated a “buy” rating and issued a $126.00 price target on shares of Universal Health Services in a research report on Friday, October 27th. Leerink Swann raised their price target on Universal Health Services from $130.00 to $132.00 and gave the stock an “outperform” rating in a research report on Friday, September 22nd. KeyCorp restated a “buy” rating and issued a $127.00 price target on shares of Universal Health Services in a research report on Thursday, September 7th. Citigroup Inc dropped their price objective on Universal Health Services from $131.00 to $126.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 26th. Finally, Zacks Investment Research downgraded Universal Health Services from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and ten have given a buy rating to the stock. Universal Health Services currently has an average rating of “Hold” and a consensus price target of $128.33.

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Shares of Universal Health Services, Inc. (NYSE:UHS) opened at $101.61 on Friday. The company has a quick ratio of 1.16, a current ratio of 1.26 and a debt-to-equity ratio of 0.80. The stock has a market cap of $9,795.07, a PE ratio of 13.69, a PEG ratio of 2.33 and a beta of 0.95.

Universal Health Services (NYSE:UHS) last released its earnings results on Wednesday, October 25th. The health services provider reported $1.49 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.76 by ($0.27). Universal Health Services had a net margin of 6.90% and a return on equity of 15.13%. The company had revenue of $2.51 billion during the quarter, compared to analyst estimates of $2.60 billion. During the same period in the prior year, the firm posted $1.60 EPS. Universal Health Services’s revenue was up 4.4% compared to the same quarter last year. equities research analysts predict that Universal Health Services, Inc. will post 7.36 earnings per share for the current fiscal year.

About Universal Health Services

Universal Health Services, Inc is a holding company. The Company’s principal business is owning and operating, through its subsidiaries, acute care hospitals and outpatient facilities, and behavioral healthcare facilities. The Company’s segments include Acute Care Hospital Services, Behavioral Health Services and Other.

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

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