Universal Health Services, Inc. (UHS) Holdings Cut by Stanley Laman Group Ltd.

Stanley Laman Group Ltd. decreased its stake in shares of Universal Health Services, Inc. (NYSE:UHS) by 4.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,263 shares of the health services provider’s stock after selling 1,681 shares during the quarter. Stanley Laman Group Ltd.’s holdings in Universal Health Services were worth $3,884,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of UHS. Cerebellum GP LLC acquired a new position in Universal Health Services during the 4th quarter valued at approximately $127,000. Crossmark Global Holdings Inc. acquired a new position in Universal Health Services during the 3rd quarter valued at approximately $205,000. Zeke Capital Advisors LLC acquired a new position in Universal Health Services during the 3rd quarter valued at approximately $228,000. IFM Investors Pty Ltd acquired a new position in Universal Health Services during the 3rd quarter valued at approximately $303,000. Finally, Advanced Asset Management Advisors Inc acquired a new position in Universal Health Services during the 4th quarter valued at approximately $340,000. Institutional investors and hedge funds own 86.05% of the company’s stock.

A number of research analysts have issued reports on UHS shares. Robert W. Baird restated a “buy” rating and set a $122.00 price target on shares of Universal Health Services in a research note on Friday, October 27th. Piper Jaffray Companies restated a “buy” rating and set a $117.00 price target on shares of Universal Health Services in a research note on Friday, October 27th. Citigroup dropped their price objective on shares of Universal Health Services from $126.00 to $114.00 and set a “neutral” rating on the stock in a report on Friday, October 27th. Royal Bank of Canada reaffirmed a “buy” rating and issued a $126.00 price objective on shares of Universal Health Services in a report on Friday, October 27th. Finally, Credit Suisse Group initiated coverage on shares of Universal Health Services in a report on Thursday, November 2nd. They issued an “outperform” rating and a $126.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and twelve have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $131.20.

Shares of Universal Health Services, Inc. (NYSE:UHS) opened at $117.90 on Monday. The company has a market cap of $11,189.77, a price-to-earnings ratio of 16.20, a PEG ratio of 2.32 and a beta of 0.88. The company has a quick ratio of 1.16, a current ratio of 1.26 and a debt-to-equity ratio of 0.80. Universal Health Services, Inc. has a twelve month low of $95.26 and a twelve month high of $129.74.

Universal Health Services announced that its Board of Directors has initiated a share buyback program on Wednesday, November 15th that permits the company to buyback $400.00 million in outstanding shares. This buyback authorization permits the health services provider to repurchase shares of its stock through open market purchases. Shares buyback programs are usually a sign that the company’s board believes its stock is undervalued.

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Thursday, March 1st will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.34%. The ex-dividend date of this dividend is Wednesday, February 28th. Universal Health Services’s dividend payout ratio (DPR) is presently 5.49%.

TRADEMARK VIOLATION WARNING: This piece was first posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this piece on another publication, it was illegally stolen and reposted in violation of U.S. and international copyright & trademark legislation. The original version of this piece can be viewed at https://ledgergazette.com/2018/02/19/universal-health-services-inc-uhs-holdings-cut-by-stanley-laman-group-ltd.html.

Universal Health Services Profile

Universal Health Services, Inc is a holding company. The Company’s principal business is owning and operating, through its subsidiaries, acute care hospitals and outpatient facilities, and behavioral healthcare facilities. The Company’s segments include Acute Care Hospital Services, Behavioral Health Services and Other.

Want to see what other hedge funds are holding UHS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Universal Health Services, Inc. (NYSE:UHS).

Institutional Ownership by Quarter for Universal Health Services (NYSE:UHS)

Receive News & Ratings for Universal Health Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Universal Health Services and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply