Mutual of America Capital Management LLC Reduces Position in Universal Health Services, Inc. (NYSE:UHS)

Mutual of America Capital Management LLC decreased its stake in shares of Universal Health Services, Inc. (NYSE:UHS) by 2.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,313 shares of the health services provider’s stock after selling 205 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Universal Health Services were worth $1,675,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in UHS. Cetera Advisors LLC purchased a new position in shares of Universal Health Services during the 1st quarter valued at about $642,000. NBC Securities Inc. raised its position in Universal Health Services by 403.2% during the second quarter. NBC Securities Inc. now owns 7,321 shares of the health services provider’s stock valued at $1,353,000 after acquiring an additional 5,866 shares in the last quarter. Cetera Investment Advisers lifted its holdings in Universal Health Services by 134.2% in the first quarter. Cetera Investment Advisers now owns 8,744 shares of the health services provider’s stock valued at $1,595,000 after acquiring an additional 5,010 shares during the period. ProShare Advisors LLC boosted its position in Universal Health Services by 107.3% in the 2nd quarter. ProShare Advisors LLC now owns 22,284 shares of the health services provider’s stock worth $4,121,000 after purchasing an additional 11,532 shares in the last quarter. Finally, National Pension Service grew its stake in shares of Universal Health Services by 3,477,100.0% during the 3rd quarter. National Pension Service now owns 34,772 shares of the health services provider’s stock worth $7,963,000 after purchasing an additional 34,771 shares during the period. Hedge funds and other institutional investors own 86.05% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on UHS. The Goldman Sachs Group raised their price target on shares of Universal Health Services from $200.00 to $229.00 and gave the company a “buy” rating in a research report on Tuesday, July 30th. Wells Fargo & Company cut their price target on Universal Health Services from $285.00 to $230.00 and set an “overweight” rating for the company in a research note on Monday. TD Cowen reduced their price target on Universal Health Services from $283.00 to $275.00 and set a “buy” rating for the company in a report on Monday, October 28th. StockNews.com lowered Universal Health Services from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 9th. Finally, UBS Group boosted their price objective on Universal Health Services from $247.00 to $267.00 and gave the company a “buy” rating in a research report on Wednesday, August 14th. Six investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $227.21.

Universal Health Services Stock Up 0.7 %

Shares of Universal Health Services stock opened at $199.34 on Tuesday. Universal Health Services, Inc. has a one year low of $133.70 and a one year high of $243.25. The company has a market cap of $13.15 billion, a P/E ratio of 13.25, a PEG ratio of 0.63 and a beta of 1.29. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.28 and a current ratio of 1.39. The firm has a fifty day moving average of $217.31 and a two-hundred day moving average of $206.76.

Universal Health Services (NYSE:UHS) last issued its earnings results on Thursday, October 24th. The health services provider reported $3.71 EPS for the quarter, missing the consensus estimate of $3.75 by ($0.04). The company had revenue of $3.96 billion for the quarter, compared to analysts’ expectations of $3.90 billion. Universal Health Services had a return on equity of 15.75% and a net margin of 6.66%. Universal Health Services’s revenue for the quarter was up 11.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.55 earnings per share. On average, analysts forecast that Universal Health Services, Inc. will post 15.93 earnings per share for the current year.

Universal Health Services Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 17th. Stockholders of record on Tuesday, December 3rd will be given a $0.20 dividend. The ex-dividend date is Tuesday, December 3rd. This represents a $0.80 annualized dividend and a dividend yield of 0.40%. Universal Health Services’s dividend payout ratio is presently 5.32%.

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.