New Age Alpha Advisors LLC Makes New Investment in Universal Health Services, Inc. (NYSE:UHS)

New Age Alpha Advisors LLC acquired a new stake in shares of Universal Health Services, Inc. (NYSE:UHS) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 5,862 shares of the health services provider’s stock, valued at approximately $1,052,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. First Eagle Investment Management LLC grew its position in Universal Health Services by 1.0% during the fourth quarter. First Eagle Investment Management LLC now owns 4,675,182 shares of the health services provider’s stock valued at $838,821,000 after acquiring an additional 44,099 shares during the period. State Street Corp grew its holdings in shares of Universal Health Services by 0.6% during the 3rd quarter. State Street Corp now owns 2,724,075 shares of the health services provider’s stock worth $623,840,000 after purchasing an additional 17,527 shares during the period. Geode Capital Management LLC increased its position in Universal Health Services by 4.0% during the 3rd quarter. Geode Capital Management LLC now owns 1,661,530 shares of the health services provider’s stock worth $379,403,000 after purchasing an additional 63,754 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in Universal Health Services by 0.9% in the third quarter. JPMorgan Chase & Co. now owns 1,197,537 shares of the health services provider’s stock valued at $274,248,000 after buying an additional 10,578 shares during the period. Finally, American Century Companies Inc. lifted its position in Universal Health Services by 4.7% during the fourth quarter. American Century Companies Inc. now owns 624,143 shares of the health services provider’s stock valued at $111,984,000 after buying an additional 27,903 shares in the last quarter. 86.05% of the stock is currently owned by institutional investors and hedge funds.

Universal Health Services Stock Up 1.1 %

Shares of NYSE:UHS opened at $188.27 on Tuesday. Universal Health Services, Inc. has a 12-month low of $152.69 and a 12-month high of $243.25. The company has a current ratio of 1.39, a quick ratio of 1.28 and a debt-to-equity ratio of 0.69. The firm has a market cap of $12.24 billion, a PE ratio of 12.52, a price-to-earnings-growth ratio of 0.53 and a beta of 1.32. The company has a fifty day simple moving average of $181.98 and a 200 day simple moving average of $196.66.

Universal Health Services (NYSE:UHS) last issued its earnings results on Wednesday, February 26th. The health services provider reported $4.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.21 by $0.71. Universal Health Services had a net margin of 6.66% and a return on equity of 15.75%. The business had revenue of $4.11 billion for the quarter, compared to analyst estimates of $4.01 billion. On average, equities research analysts anticipate that Universal Health Services, Inc. will post 15.92 EPS for the current fiscal year.

Universal Health Services Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were given a $0.20 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $0.80 annualized dividend and a dividend yield of 0.42%. Universal Health Services’s payout ratio is 4.75%.

Insider Activity

In other Universal Health Services news, Director Maria Ruderman Singer sold 1,000 shares of Universal Health Services stock in a transaction on Monday, March 10th. The shares were sold at an average price of $179.16, for a total value of $179,160.00. Following the completion of the transaction, the director now owns 7,916 shares of the company’s stock, valued at $1,418,230.56. The trade was a 11.22 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Company insiders own 16.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on UHS. Stephens raised their target price on shares of Universal Health Services from $210.00 to $223.00 and gave the company an “equal weight” rating in a research note on Friday, February 28th. Cantor Fitzgerald upgraded Universal Health Services from a “neutral” rating to an “overweight” rating in a research note on Monday, February 3rd. The Goldman Sachs Group downgraded Universal Health Services from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $228.00 to $198.00 in a research report on Monday, December 16th. Wells Fargo & Company dropped their target price on Universal Health Services from $230.00 to $225.00 and set an “overweight” rating on the stock in a report on Monday, March 10th. Finally, Barclays lowered their price objective on shares of Universal Health Services from $271.00 to $249.00 and set an “overweight” rating for the company in a research report on Thursday, February 27th. Seven research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Universal Health Services presently has a consensus rating of “Moderate Buy” and a consensus price target of $228.38.

Universal Health Services Company 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.