Universal Health Services, Inc. (NYSE:UHS) Shares Acquired by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC increased its position in shares of Universal Health Services, Inc. (NYSE:UHS) by 22.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 54,105 shares of the health services provider’s stock after acquiring an additional 9,946 shares during the period. Allspring Global Investments Holdings LLC owned about 0.08% of Universal Health Services worth $9,721,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of UHS. Savant Capital LLC boosted its holdings in shares of Universal Health Services by 255.3% in the 4th quarter. Savant Capital LLC now owns 6,345 shares of the health services provider’s stock valued at $1,138,000 after buying an additional 4,559 shares in the last quarter. Cerity Partners LLC boosted its stake in Universal Health Services by 86.4% in the third quarter. Cerity Partners LLC now owns 21,047 shares of the health services provider’s stock valued at $4,820,000 after acquiring an additional 9,755 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Universal Health Services by 0.9% during the third quarter. JPMorgan Chase & Co. now owns 1,197,537 shares of the health services provider’s stock worth $274,248,000 after purchasing an additional 10,578 shares during the last quarter. Vestcor Inc increased its position in shares of Universal Health Services by 1,436.5% during the third quarter. Vestcor Inc now owns 54,070 shares of the health services provider’s stock worth $12,383,000 after purchasing an additional 50,551 shares in the last quarter. Finally, Empirical Finance LLC increased its position in shares of Universal Health Services by 43.3% during the fourth quarter. Empirical Finance LLC now owns 8,176 shares of the health services provider’s stock worth $1,467,000 after purchasing an additional 2,472 shares in the last quarter. 86.05% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Universal Health Services

In other Universal Health Services news, Director Maria Ruderman Singer sold 1,614 shares of the company’s stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $191.15, for a total value of $308,516.10. Following the transaction, the director now owns 5,879 shares in the company, valued at approximately $1,123,770.85. This represents a 21.54 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 16.10% of the stock is owned by insiders.

Analysts Set New Price Targets

UHS has been the topic of a number of research reports. Royal Bank of Canada dropped their price target on Universal Health Services from $222.00 to $211.00 and set a “sector perform” rating on the stock in a research note on Monday, October 28th. StockNews.com cut shares of Universal Health Services from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 9th. TD Cowen lowered their target price on shares of Universal Health Services from $275.00 to $251.00 and set a “buy” rating on the stock in a research report on Tuesday, November 26th. Wells Fargo & Company reduced their price target on shares of Universal Health Services from $285.00 to $230.00 and set an “overweight” rating for the company in a research report on Monday, November 25th. Finally, Cantor Fitzgerald upgraded Universal Health Services from a “neutral” rating to an “overweight” rating in a report on Monday, February 3rd. Six 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 company’s stock. According to MarketBeat, Universal Health Services currently has an average rating of “Moderate Buy” and a consensus price target of $226.14.

Universal Health Services Stock Up 0.9 %

Shares of UHS stock opened at $183.11 on Wednesday. Universal Health Services, Inc. has a 1 year low of $152.68 and a 1 year high of $243.25. 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 stock has a market cap of $12.08 billion, a PE ratio of 12.18, a price-to-earnings-growth ratio of 0.54 and a beta of 1.30. The business’s fifty day moving average is $184.62 and its 200-day moving average is $206.71.

Universal Health Services Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be issued a $0.20 dividend. The ex-dividend date is Monday, March 3rd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.44%. Universal Health Services’s dividend payout ratio is 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.