Intech Investment Management LLC Has $11.56 Million Stock Position in Universal Health Services, Inc. (NYSE:UHS)

Intech Investment Management LLC increased its stake in shares of Universal Health Services, Inc. (NYSE:UHS) by 334.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 62,515 shares of the health services provider’s stock after acquiring an additional 48,133 shares during the quarter. Intech Investment Management LLC owned about 0.09% of Universal Health Services worth $11,561,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of UHS. Van ECK Associates Corp boosted its stake in shares of Universal Health Services by 4.2% in the 2nd quarter. Van ECK Associates Corp now owns 1,160 shares of the health services provider’s stock valued at $215,000 after purchasing an additional 47 shares in the last quarter. LRI Investments LLC lifted its holdings in Universal Health Services by 19.5% during the 2nd quarter. LRI Investments LLC now owns 386 shares of the health services provider’s stock valued at $71,000 after purchasing an additional 63 shares during the last quarter. Janiczek Wealth Management LLC boosted its position in Universal Health Services by 11.4% in the first quarter. Janiczek Wealth Management LLC now owns 624 shares of the health services provider’s stock valued at $114,000 after buying an additional 64 shares in the last quarter. Empirical Finance LLC grew its stake in Universal Health Services by 3.1% during the first quarter. Empirical Finance LLC now owns 2,455 shares of the health services provider’s stock worth $448,000 after buying an additional 73 shares during the last quarter. Finally, O Neil Global Advisors Inc. increased its holdings in shares of Universal Health Services by 6.7% during the second quarter. O Neil Global Advisors Inc. now owns 1,175 shares of the health services provider’s stock worth $217,000 after buying an additional 74 shares in the last quarter. 86.05% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Warren J. Nimetz sold 3,444 shares of the business’s stock in a transaction on Monday, August 12th. The shares were sold at an average price of $217.64, for a total value of $749,552.16. Following the completion of the transaction, the director now owns 3,971 shares of the company’s stock, valued at approximately $864,248.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other news, Director Eileen C. Mcdonnell sold 2,535 shares of Universal Health Services stock in a transaction dated Friday, July 26th. The stock was sold at an average price of $209.55, for a total transaction of $531,209.25. Following the transaction, the director now owns 6,413 shares in the company, valued at approximately $1,343,844.15. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Warren J. Nimetz sold 3,444 shares of the business’s stock in a transaction that occurred on Monday, August 12th. The shares were sold at an average price of $217.64, for a total value of $749,552.16. Following the completion of the transaction, the director now owns 3,971 shares of the company’s stock, valued at $864,248.44. The disclosure for this sale can be found here. Over the last three months, insiders have sold 21,970 shares of company stock worth $4,653,535. Company insiders own 16.10% of the company’s stock.

Universal Health Services Stock Performance

UHS stock opened at $238.02 on Friday. Universal Health Services, Inc. has a twelve month low of $119.90 and a twelve month high of $241.95. The company has a quick ratio of 1.17, a current ratio of 1.28 and a debt-to-equity ratio of 0.67. The company has a market cap of $15.93 billion, a P/E ratio of 20.17, a price-to-earnings-growth ratio of 0.78 and a beta of 1.28. The business’s fifty day moving average is $218.21 and its 200-day moving average is $191.78.

Universal Health Services (NYSE:UHS) last issued its earnings results on Wednesday, July 24th. The health services provider reported $4.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.37 by $0.94. The firm had revenue of $3.91 billion for the quarter, compared to analysts’ expectations of $3.87 billion. Universal Health Services had a return on equity of 14.91% and a net margin of 6.22%. The company’s revenue was up 10.1% compared to the same quarter last year. During the same quarter last year, the business earned $2.53 earnings per share. Equities research analysts forecast that Universal Health Services, Inc. will post 15.91 EPS for the current year.

Universal Health Services announced that its Board of Directors has initiated a stock buyback program on Wednesday, July 24th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the health services provider to buy up to 8% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s leadership believes its shares are undervalued.

Universal Health Services Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 17th. Shareholders of record on Tuesday, September 3rd were paid a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 0.34%. The ex-dividend date of this dividend was Tuesday, September 3rd. Universal Health Services’s payout ratio is presently 6.78%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. JPMorgan Chase & Co. boosted their target price on Universal Health Services from $182.00 to $186.00 and gave the stock a “neutral” rating in a report on Thursday, May 30th. The Goldman Sachs Group boosted their price objective on Universal Health Services from $200.00 to $229.00 and gave the stock a “buy” rating in a research note on Tuesday, July 30th. Baird R W upgraded Universal Health Services from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, June 26th. Robert W. Baird upped their price target on shares of Universal Health Services from $236.00 to $274.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 4th. Finally, Cantor Fitzgerald reissued a “neutral” rating and set a $219.00 price objective on shares of Universal Health Services in a report on Monday, August 19th. Five equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $224.92.

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.