Envestnet Portfolio Solutions Inc. Makes New Investment in Universal Health Services, Inc. (NYSE:UHS)

Envestnet Portfolio Solutions Inc. acquired a new stake in Universal Health Services, Inc. (NYSE:UHS) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 3,145 shares of the health services provider’s stock, valued at approximately $564,000.

Several other large investors have also modified their holdings of UHS. R Squared Ltd acquired a new stake in shares of Universal Health Services during the fourth quarter worth about $29,000. True Wealth Design LLC purchased a new stake in Universal Health Services during the 3rd quarter valued at approximately $39,000. Quent Capital LLC lifted its position in Universal Health Services by 118.3% during the 4th quarter. Quent Capital LLC now owns 179 shares of the health services provider’s stock worth $32,000 after acquiring an additional 97 shares during the period. Campbell Capital Management Inc. acquired a new stake in Universal Health Services during the 4th quarter worth approximately $46,000. Finally, Sunbelt Securities Inc. purchased a new position in shares of Universal Health Services in the 3rd quarter valued at approximately $69,000. 86.05% of the stock is owned by institutional investors and hedge funds.

Universal Health Services Price Performance

Shares of NYSE:UHS opened at $185.72 on Wednesday. The firm has a market capitalization of $12.07 billion, a price-to-earnings ratio of 12.35, a price-to-earnings-growth ratio of 0.53 and a beta of 1.32. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.39 and a quick ratio of 1.28. The business’s 50 day simple moving average is $181.82 and its 200-day simple moving average is $197.84. Universal Health Services, Inc. has a 12 month low of $152.69 and a 12 month high of $243.25.

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

Universal Health Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were paid a $0.20 dividend. The ex-dividend date was Monday, March 3rd. This represents a $0.80 dividend on an annualized basis and a yield of 0.43%. Universal Health Services’s payout ratio is 4.75%.

Analyst Upgrades and Downgrades

UHS has been the subject of several analyst reports. The Goldman Sachs Group cut Universal Health Services from a “buy” rating to a “neutral” rating and cut their price target for the stock from $228.00 to $198.00 in a research note on Monday, December 16th. JPMorgan Chase & Co. restated a “neutral” rating and set a $226.00 price objective on shares of Universal Health Services in a research report on Tuesday, December 17th. Stephens lifted 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 report on Friday, February 28th. Wells Fargo & Company cut their price target on shares of Universal Health Services from $230.00 to $225.00 and set an “overweight” rating for the company in a report on Monday, March 10th. Finally, Cantor Fitzgerald upgraded shares of Universal Health Services from a “neutral” rating to an “overweight” rating in a research report on Monday, February 3rd. Six equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $230.75.

Insider Buying and Selling at Universal Health Services

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

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.