Royal Fund Management LLC Sells 195 Shares of Universal Health Services, Inc. (NYSE:UHS)

Royal Fund Management LLC lessened its stake in Universal Health Services, Inc. (NYSE:UHS) by 4.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,588 shares of the health services provider’s stock after selling 195 shares during the quarter. Royal Fund Management LLC’s holdings in Universal Health Services were worth $699,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of the stock. Van ECK Associates Corp raised its position in shares of Universal Health Services by 6.6% in the 4th quarter. Van ECK Associates Corp now owns 1,070 shares of the health services provider’s stock worth $163,000 after purchasing an additional 66 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in Universal Health Services by 42.8% in the 3rd 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 during the last quarter. Humankind Investments LLC raised its position in Universal Health Services by 4.9% in the 3rd quarter. Humankind Investments LLC now owns 2,124 shares of the health services provider’s stock worth $267,000 after buying an additional 99 shares during the last quarter. New Mexico Educational Retirement Board raised its position in Universal Health Services by 3.2% in the 3rd quarter. New Mexico Educational Retirement Board now owns 3,250 shares of the health services provider’s stock worth $409,000 after buying an additional 100 shares during the last quarter. Finally, Platinum Investment Management Ltd. raised its position in Universal Health Services by 16.9% in the 3rd 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 during the last quarter. Hedge funds and other institutional investors own 86.05% of the company’s stock.

Insider Transactions at Universal Health Services

In other news, CFO Steve Filton sold 35,000 shares of the stock in a transaction on Friday, March 8th. The stock was sold at an average price of $176.82, for a total transaction of $6,188,700.00. Following the transaction, the chief financial officer now owns 68,785 shares of the company’s stock, valued at approximately $12,162,563.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 16.10% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Barclays upped their price target on shares of Universal Health Services from $181.00 to $189.00 and gave the company an “equal weight” rating in a research report on Friday, April 26th. Cantor Fitzgerald reiterated an “underweight” rating and set a $156.00 target price on shares of Universal Health Services in a research report on Wednesday, April 10th. StockNews.com upgraded Universal Health Services from a “hold” rating to a “buy” rating in a research report on Monday, January 8th. Wells Fargo & Company increased their target price on Universal Health Services from $195.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, March 28th. Finally, JPMorgan Chase & Co. increased their target price on Universal Health Services from $144.00 to $182.00 and gave the company a “neutral” rating in a research report on Wednesday, March 13th. 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.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $182.79.

Universal Health Services Trading Down 1.3 %

UHS stock traded down $2.19 during midday trading on Friday, reaching $167.70. The company’s stock had a trading volume of 597,904 shares, compared to its average volume of 757,962. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.28 and a current ratio of 1.38. The stock has a fifty day simple moving average of $171.24 and a two-hundred day simple moving average of $154.84. Universal Health Services, Inc. has a 1 year low of $119.90 and a 1 year high of $183.61. The firm has a market capitalization of $11.27 billion, a price-to-earnings ratio of 14.21, a PEG ratio of 0.85 and a beta of 1.26.

Universal Health Services (NYSE:UHS) last released its earnings results on Wednesday, April 24th. The health services provider reported $3.70 earnings per share for the quarter, topping analysts’ consensus estimates of $3.14 by $0.56. Universal Health Services had a return on equity of 13.34% and a net margin of 5.57%. The business had revenue of $3.84 billion for the quarter, compared to analyst estimates of $3.78 billion. During the same quarter last year, the firm posted $2.34 earnings per share. The business’s revenue was up 10.8% compared to the same quarter last year. On average, equities research analysts predict that Universal Health Services, Inc. will post 13.51 EPS for the current year.

Universal Health Services Profile

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.