New York State Teachers Retirement System Sells 4,370 Shares of Universal Health Services, Inc. (NYSE:UHS)

New York State Teachers Retirement System trimmed its position in shares of Universal Health Services, Inc. (NYSE:UHS) by 6.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 62,981 shares of the health services provider’s stock after selling 4,370 shares during the period. New York State Teachers Retirement System’s holdings in Universal Health Services were worth $11,300,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Choreo LLC increased its holdings in shares of Universal Health Services by 3.4% in the fourth quarter. Choreo LLC now owns 1,822 shares of the health services provider’s stock worth $325,000 after buying an additional 60 shares during the period. Empirical Finance LLC increased its holdings in shares of Universal Health Services by 1.1% in the third quarter. Empirical Finance LLC now owns 5,704 shares of the health services provider’s stock worth $1,306,000 after buying an additional 64 shares during the period. US Bancorp DE grew its stake in shares of Universal Health Services by 3.0% in the third quarter. US Bancorp DE now owns 2,238 shares of the health services provider’s stock worth $512,000 after purchasing an additional 65 shares during the last quarter. Quarry LP grew its stake in shares of Universal Health Services by 14.4% in the third quarter. Quarry LP now owns 516 shares of the health services provider’s stock worth $118,000 after purchasing an additional 65 shares during the last quarter. Finally, Stratos Wealth Partners LTD. grew its stake in shares of Universal Health Services by 2.2% in the fourth quarter. Stratos Wealth Partners LTD. now owns 3,060 shares of the health services provider’s stock worth $549,000 after purchasing an additional 65 shares during the last quarter. 86.05% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, Director Maria Ruderman Singer sold 1,614 shares of the business’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 completion of the transaction, the director now directly owns 5,879 shares in the company, valued at $1,123,770.85. The trade was a 21.54 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 16.10% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

UHS has been the topic of several recent analyst reports. Bank of America initiated coverage on Universal Health Services in a research note on Wednesday, November 6th. They issued a “neutral” rating and a $223.00 target price on the stock. The Goldman Sachs Group cut Universal Health Services from a “buy” rating to a “neutral” rating and cut their target price for the stock from $228.00 to $198.00 in a research note on Monday, December 16th. Royal Bank of Canada cut their target price 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. Wells Fargo & Company cut their target price on Universal Health Services from $285.00 to $230.00 and set an “overweight” rating on the stock in a research note on Monday, November 25th. Finally, Cantor Fitzgerald raised Universal Health Services from a “neutral” rating to an “overweight” rating in a research report on Monday, February 3rd. Six research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $226.14.

Universal Health Services Price Performance

Shares of NYSE UHS opened at $181.69 on Tuesday. Universal Health Services, Inc. has a twelve month low of $152.68 and a twelve month high of $243.25. The firm has a market cap of $11.99 billion, a P/E ratio of 12.08, a PEG ratio of 0.54 and a beta of 1.30. The company has a 50 day moving average of $184.79 and a 200 day moving average of $206.92. The company has a quick ratio of 1.28, a current ratio of 1.39 and a debt-to-equity ratio of 0.69.

Universal Health Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Investors 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 yield of 0.44%. Universal Health Services’s payout ratio is currently 5.32%.

Universal Health Services 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.