3,000 Shares in Universal Health Services, Inc. (UHS) Purchased by Advanced Asset Management Advisors Inc

Advanced Asset Management Advisors Inc bought a new position in shares of Universal Health Services, Inc. (NYSE:UHS) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,000 shares of the health services provider’s stock, valued at approximately $340,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Janus Henderson Group PLC boosted its position in Universal Health Services by 0.6% during the third quarter. Janus Henderson Group PLC now owns 2,274,770 shares of the health services provider’s stock worth $252,363,000 after acquiring an additional 14,573 shares during the last quarter. Jana Partners LLC boosted its position in Universal Health Services by 39.1% during the third quarter. Jana Partners LLC now owns 1,891,986 shares of the health services provider’s stock worth $209,897,000 after acquiring an additional 531,358 shares during the last quarter. JPMorgan Chase & Co. boosted its position in Universal Health Services by 3.3% during the third quarter. JPMorgan Chase & Co. now owns 1,863,023 shares of the health services provider’s stock worth $204,430,000 after acquiring an additional 59,824 shares during the last quarter. Wedge Capital Management L L P NC boosted its position in Universal Health Services by 17.7% during the fourth quarter. Wedge Capital Management L L P NC now owns 1,844,034 shares of the health services provider’s stock worth $209,021,000 after acquiring an additional 277,116 shares during the last quarter. Finally, Boston Partners boosted its position in Universal Health Services by 5.1% during the fourth quarter. Boston Partners now owns 1,620,863 shares of the health services provider’s stock worth $183,725,000 after acquiring an additional 78,225 shares during the last quarter. Hedge funds and other institutional investors own 86.04% of the company’s stock.

Universal Health Services, Inc. (UHS) opened at $117.90 on Friday. The company has a current ratio of 1.26, a quick ratio of 1.16 and a debt-to-equity ratio of 0.80. The firm has a market cap of $11,090.12, a price-to-earnings ratio of 16.20, a P/E/G ratio of 2.30 and a beta of 0.88. Universal Health Services, Inc. has a 1-year low of $95.26 and a 1-year high of $129.74.

The firm also recently announced 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. The ex-dividend date is Wednesday, February 28th. This represents a $0.40 annualized dividend and a dividend yield of 0.34%. Universal Health Services’s payout ratio is 5.49%.

Universal Health Services declared that its board has authorized a stock buyback plan on Wednesday, November 15th that allows the company to buyback $400.00 million in outstanding shares. This buyback authorization allows the health services provider to reacquire shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s management believes its stock is undervalued.

A number of brokerages recently issued reports on UHS. Wells Fargo & Co initiated coverage on shares of Universal Health Services in a research report on Tuesday, January 30th. They set an “outperform” rating and a $144.00 target price on the stock. Royal Bank of Canada reiterated a “buy” rating and issued a $126.00 price target on shares of Universal Health Services in a report on Friday, October 27th. Zacks Investment Research upgraded shares of Universal Health Services from a “hold” rating to a “buy” rating and set a $135.00 price target on the stock in a report on Wednesday, January 31st. 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 target on the stock. Finally, Piper Jaffray Companies lowered shares of Universal Health Services from an “overweight” rating to a “neutral” rating and set a $147.00 price target on the stock. in a report on Wednesday, January 3rd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and twelve have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $131.20.

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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.

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

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