Quantbot Technologies LP Lowers Position in Universal Health Services, Inc. (UHS)

Quantbot Technologies LP lowered its stake in Universal Health Services, Inc. (NYSE:UHS) by 94.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 793 shares of the health services provider’s stock after selling 14,359 shares during the period. Quantbot Technologies LP’s holdings in Universal Health Services were worth $101,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of UHS. Rehmann Capital Advisory Group increased its holdings in shares of Universal Health Services by 116.6% in the second quarter. Rehmann Capital Advisory Group now owns 1,068 shares of the health services provider’s stock valued at $119,000 after purchasing an additional 575 shares in the last quarter. Point72 Asset Management L.P. acquired a new stake in shares of Universal Health Services in the second quarter valued at approximately $123,000. Qube Research & Technologies Ltd increased its holdings in shares of Universal Health Services by 58.1% in the second quarter. Qube Research & Technologies Ltd now owns 1,175 shares of the health services provider’s stock valued at $131,000 after purchasing an additional 432 shares in the last quarter. IFP Advisors Inc increased its holdings in shares of Universal Health Services by 108.7% in the third quarter. IFP Advisors Inc now owns 1,321 shares of the health services provider’s stock valued at $169,000 after purchasing an additional 688 shares in the last quarter. Finally, Rational Advisors LLC increased its holdings in shares of Universal Health Services by 138.4% in the third quarter. Rational Advisors LLC now owns 1,514 shares of the health services provider’s stock valued at $194,000 after purchasing an additional 879 shares in the last quarter. 89.47% of the stock is owned by institutional investors and hedge funds.

UHS opened at $121.15 on Friday. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.09 and a quick ratio of 1.01. Universal Health Services, Inc. has a 52 week low of $108.62 and a 52 week high of $139.63. The firm has a market cap of $12.21 billion, a price-to-earnings ratio of 16.09, a price-to-earnings-growth ratio of 1.32 and a beta of 0.83.

Universal Health Services (NYSE:UHS) last released its earnings results on Thursday, October 25th. The health services provider reported $2.23 EPS for the quarter, topping analysts’ consensus estimates of $2.01 by $0.22. Universal Health Services had a net margin of 7.89% and a return on equity of 16.33%. The firm had revenue of $2.65 billion during the quarter, compared to analyst estimates of $2.68 billion. Equities analysts expect that Universal Health Services, Inc. will post 9.47 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 17th. Shareholders of record on Monday, December 3rd will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.33%. The ex-dividend date of this dividend is Friday, November 30th. Universal Health Services’s dividend payout ratio is presently 5.31%.

UHS has been the subject of a number of research reports. Morgan Stanley raised their price target on shares of Universal Health Services from $122.00 to $134.00 and gave the company an “equal weight” rating in a report on Wednesday, September 5th. Bank of America raised shares of Universal Health Services from a “neutral” rating to a “buy” rating and raised their price target for the company from $128.00 to $155.00 in a report on Tuesday, September 18th. Citigroup lowered their price target on shares of Universal Health Services from $145.00 to $140.00 and set a “buy” rating for the company in a report on Monday, October 29th. Barclays lowered their price target on shares of Universal Health Services from $135.00 to $130.00 and set an “equal weight” rating for the company in a report on Monday, October 29th. Finally, Leerink Swann lowered their price target on shares of Universal Health Services from $140.00 to $135.00 and set an “outperform” rating for the company in a report on Monday, October 29th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and ten have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $137.76.

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Universal Health Services Profile

Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, outpatient facilities, and behavioral health care facilities. The company operates through Acute Care Hospital Services, Behavioral Health Care Services, and Other segments. Its hospital offer general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, coronary care, pediatric services, pharmacy services, and/or behavioral health services.

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

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