Universal Health Services, Inc. (UHS) Shares Bought by Nuance Investments LLC

Nuance Investments LLC grew its stake in shares of Universal Health Services, Inc. (NYSE:UHS) by 143.3% in the 4th quarter, HoldingsChannel reports. The fund owned 75,300 shares of the health services provider’s stock after acquiring an additional 44,348 shares during the period. Nuance Investments LLC’s holdings in Universal Health Services were worth $8,535,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of UHS. Advisor Group Inc. raised its stake in shares of Universal Health Services by 198.0% during the second quarter. Advisor Group Inc. now owns 1,812 shares of the health services provider’s stock valued at $220,000 after acquiring an additional 1,204 shares in the last quarter. Royal Bank of Canada raised its stake in Universal Health Services by 8.8% in the second quarter. Royal Bank of Canada now owns 22,919 shares of the health services provider’s stock worth $2,797,000 after buying an additional 1,853 shares in the last quarter. Nomura Holdings Inc. bought a new position in Universal Health Services in the second quarter worth approximately $922,000. Sterling Capital Management LLC raised its stake in Universal Health Services by 14.8% in the second quarter. Sterling Capital Management LLC now owns 6,212 shares of the health services provider’s stock worth $758,000 after buying an additional 801 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd bought a new position in Universal Health Services in the second quarter worth approximately $608,000. 86.04% of the stock is owned by hedge funds and other institutional investors.

Universal Health Services, Inc. (UHS) opened at $115.61 on Tuesday. The company has a quick ratio of 1.16, a current ratio of 1.26 and a debt-to-equity ratio of 0.80. Universal Health Services, Inc. has a 1-year low of $95.26 and a 1-year high of $129.74. The stock has a market cap of $10,941.11, a price-to-earnings ratio of 15.41, a price-to-earnings-growth ratio of 2.32 and a beta of 0.88.

Universal Health Services declared that its board has initiated a stock buyback program on Wednesday, November 15th that permits the company to repurchase $400.00 million in outstanding shares. This repurchase authorization permits the health services provider to repurchase shares of its stock through open market purchases. Shares repurchase programs are usually a sign that the company’s management believes its shares are undervalued.

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Thursday, March 1st will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.35%. The ex-dividend date is Wednesday, February 28th. Universal Health Services’s dividend payout ratio is currently 5.49%.

A number of equities analysts recently commented on UHS shares. Mizuho set a $137.00 price objective on shares of Universal Health Services and gave the stock a “buy” rating in a research note on Wednesday, January 24th. Royal Bank of Canada reissued a “buy” rating and issued a $126.00 price objective on shares of Universal Health Services in a research note on Friday, October 27th. Citigroup reduced their price objective on shares of Universal Health Services from $126.00 to $114.00 and set a “neutral” rating for the company in a research note on Friday, October 27th. Credit Suisse Group reduced their price objective on shares of Universal Health Services from $126.00 to $125.00 and set an “outperform” rating for the company in a research note on Friday, November 10th. Finally, Wells Fargo & Co started coverage on shares of Universal Health Services in a research note on Tuesday, January 30th. They issued an “outperform” rating and a $144.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and thirteen have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $131.20.

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Universal Health Services Profile

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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