Universal Health Services, Inc. (UHS) Shares Bought by Cramer Rosenthal Mcglynn LLC

Cramer Rosenthal Mcglynn LLC increased its stake in shares of Universal Health Services, Inc. (NYSE:UHS) by 11.8% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 349,872 shares of the health services provider’s stock after buying an additional 36,826 shares during the period. Cramer Rosenthal Mcglynn LLC owned about 0.37% of Universal Health Services worth $38,815,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Creative Planning increased its stake in shares of Universal Health Services by 2.4% in the second quarter. Creative Planning now owns 1,152 shares of the health services provider’s stock worth $141,000 after purchasing an additional 27 shares in the last quarter. Russell Investments Group Ltd. increased its stake in shares of Universal Health Services by 12.0% in the second quarter. Russell Investments Group Ltd. now owns 19,916 shares of the health services provider’s stock worth $2,433,000 after purchasing an additional 2,141 shares in the last quarter. Rothschild Asset Management Inc. increased its stake in shares of Universal Health Services by 25.9% in the second quarter. Rothschild Asset Management Inc. now owns 6,220 shares of the health services provider’s stock worth $759,000 after purchasing an additional 1,280 shares in the last quarter. CIBC Asset Management Inc increased its stake in shares of Universal Health Services by 1.6% in the second quarter. CIBC Asset Management Inc now owns 11,643 shares of the health services provider’s stock worth $1,421,000 after purchasing an additional 180 shares in the last quarter. Finally, Daiwa Securities Group Inc. increased its stake in shares of Universal Health Services by 133.7% in the second quarter. Daiwa Securities Group Inc. now owns 54,107 shares of the health services provider’s stock worth $6,605,000 after purchasing an additional 30,957 shares in the last quarter. Institutional investors and hedge funds own 86.13% of the company’s stock.

UHS has been the subject of several recent research reports. Zacks Investment Research upgraded shares of Universal Health Services from a “sell” rating to a “hold” rating in a research note on Tuesday, August 8th. Morgan Stanley cut their price objective on shares of Universal Health Services from $120.00 to $114.00 and set an “equal weight” rating for the company in a research report on Thursday, August 17th. TheStreet lowered shares of Universal Health Services from a “b” rating to a “c+” rating in a research report on Monday, August 21st. Royal Bank Of Canada restated a “buy” rating and issued a $147.00 price objective on shares of Universal Health Services in a research report on Tuesday, August 29th. Finally, KeyCorp restated a “buy” rating and issued a $127.00 price objective on shares of Universal Health Services in a research report on Thursday, September 7th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and ten have assigned a buy rating to the company’s stock. Universal Health Services presently has a consensus rating of “Hold” and a consensus price target of $126.31.

Universal Health Services, Inc. (NYSE:UHS) traded down $1.80 during mid-day trading on Tuesday, hitting $106.26. 876,400 shares of the stock were exchanged, compared to its average volume of 787,055. Universal Health Services, Inc. has a one year low of $95.26 and a one year high of $129.74. The company has a market capitalization of $10,255.87, a price-to-earnings ratio of 14.45, a P/E/G ratio of 2.46 and a beta of 0.97. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.26 and a quick ratio of 1.16.

Universal Health Services (NYSE:UHS) last announced its earnings results on Wednesday, October 25th. The health services provider reported $1.49 earnings per share (EPS) for the quarter, missing the consensus estimate 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 for the quarter, compared to the consensus estimate of $2.60 billion. During the same quarter in the previous year, the firm earned $1.60 earnings per share. The company’s revenue for the quarter was up 4.4% compared to the same quarter last year. analysts anticipate that Universal Health Services, Inc. will post 7.36 EPS for the current fiscal year.

Universal Health Services announced that its Board of Directors has initiated a stock repurchase plan on Wednesday, November 15th that authorizes the company to buyback $400.00 million in shares. This buyback authorization authorizes the health services provider to repurchase shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s board of directors believes its stock is undervalued.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 1st will be given a dividend of $0.10 per share. The ex-dividend date is Thursday, November 30th. This represents a $0.40 annualized dividend and a yield of 0.38%. Universal Health Services’s payout ratio is presently 5.49%.

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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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