Stevens Capital Management LP Lowers Stock Holdings in Universal Health Services, Inc. (NYSE:UHS)

Stevens Capital Management LP trimmed its position in Universal Health Services, Inc. (NYSE:UHS) by 62.9% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 3,422 shares of the health services provider’s stock after selling 5,807 shares during the period. Stevens Capital Management LP’s holdings in Universal Health Services were worth $522,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of UHS. EverSource Wealth Advisors LLC lifted its holdings in shares of Universal Health Services by 42.8% in the third quarter. EverSource Wealth Advisors LLC now owns 267 shares of the health services provider’s stock worth $34,000 after buying an additional 80 shares in the last quarter. GAMMA Investing LLC purchased a new stake in shares of Universal Health Services in the fourth quarter worth about $42,000. Platinum Investment Management Ltd. lifted its holdings in shares of Universal Health Services by 16.9% in the third quarter. Platinum Investment Management Ltd. now owns 727 shares of the health services provider’s stock worth $91,000 after buying an additional 105 shares in the last quarter. Tompkins Financial Corp purchased a new stake in shares of Universal Health Services in the fourth quarter worth about $96,000. Finally, Van ECK Associates Corp lifted its holdings in shares of Universal Health Services by 9.6% in the third quarter. Van ECK Associates Corp now owns 1,004 shares of the health services provider’s stock worth $126,000 after buying an additional 88 shares in the last quarter. 86.05% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on UHS. Mizuho raised their target price on shares of Universal Health Services from $175.00 to $200.00 and gave the company a “buy” rating in a research note on Wednesday, March 6th. UBS Group raised their target price on shares of Universal Health Services from $152.00 to $177.00 and gave the company a “neutral” rating in a research note on Thursday, February 29th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Universal Health Services from $208.00 to $203.00 and set a “buy” rating on the stock in a research note on Friday, April 12th. StockNews.com raised shares of Universal Health Services from a “hold” rating to a “buy” rating in a research note on Monday, January 8th. Finally, Cantor Fitzgerald reaffirmed an “underweight” rating and issued a $156.00 target price on shares of Universal Health Services in a research note on Wednesday, April 10th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $180.07.

Insider Activity at Universal Health Services

In related news, CFO Steve Filton sold 35,000 shares of Universal Health Services stock in a transaction on Friday, March 8th. The shares were sold at an average price of $176.82, for a total value of $6,188,700.00. Following the sale, the chief financial officer now owns 68,785 shares in the company, valued at $12,162,563.70. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 16.10% of the stock is currently owned by company insiders.

Universal Health Services Trading Down 0.5 %

Shares of Universal Health Services stock traded down $0.80 on Thursday, hitting $165.10. The stock had a trading volume of 1,260,225 shares, compared to its average volume of 580,599. The company has a quick ratio of 1.29, a current ratio of 1.40 and a debt-to-equity ratio of 0.77. Universal Health Services, Inc. has a one year low of $119.90 and a one year high of $183.61. The stock has a market cap of $11.10 billion, a price-to-earnings ratio of 15.93, a PEG ratio of 0.82 and a beta of 1.24. The stock’s 50-day simple moving average is $170.50 and its two-hundred day simple moving average is $153.01.

Universal Health Services (NYSE:UHS) last issued its earnings results on Wednesday, April 24th. The health services provider reported $3.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.14 by $0.56. Universal Health Services had a net margin of 5.03% and a return on equity of 12.08%. The firm had revenue of $3.84 billion for the quarter, compared to analysts’ expectations of $3.78 billion. During the same quarter last year, the business earned $2.34 earnings per share. The business’s revenue was up 10.8% on a year-over-year basis. As a group, sell-side analysts predict that Universal Health Services, Inc. will post 13.34 EPS for the current year.

About Universal Health Services

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.