TD Asset Management Inc. Acquires 54,740 Shares of Universal Health Services, Inc. (UHS)

TD Asset Management Inc. increased its holdings in shares of Universal Health Services, Inc. (NYSE:UHS) by 13.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 456,928 shares of the health services provider’s stock after purchasing an additional 54,740 shares during the period. TD Asset Management Inc. owned 0.49% of Universal Health Services worth $58,414,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Qube Research & Technologies Ltd boosted its stake in Universal Health Services by 58.1% during the 2nd quarter. Qube Research & Technologies Ltd now owns 1,175 shares of the health services provider’s stock worth $131,000 after purchasing an additional 432 shares during the period. Levin Capital Strategies L.P. boosted its stake in Universal Health Services by 4.4% during the 3rd quarter. Levin Capital Strategies L.P. now owns 10,409 shares of the health services provider’s stock worth $1,331,000 after purchasing an additional 443 shares during the period. Regentatlantic Capital LLC boosted its stake in Universal Health Services by 7.0% during the 2nd quarter. Regentatlantic Capital LLC now owns 6,944 shares of the health services provider’s stock worth $774,000 after purchasing an additional 455 shares during the period. CENTRAL TRUST Co lifted its stake in shares of Universal Health Services by 40.6% in the 2nd quarter. CENTRAL TRUST Co now owns 1,645 shares of the health services provider’s stock worth $183,000 after acquiring an additional 475 shares during the period. Finally, Ladenburg Thalmann Financial Services Inc. lifted its stake in shares of Universal Health Services by 25.2% in the 1st quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,855 shares of the health services provider’s stock worth $337,000 after acquiring an additional 575 shares during the period. Hedge funds and other institutional investors own 88.15% of the company’s stock.

Shares of UHS opened at $125.94 on Wednesday. The company has a quick ratio of 1.01, a current ratio of 1.09 and a debt-to-equity ratio of 0.68. The stock has a market capitalization of $11.52 billion, a PE ratio of 16.73, a P/E/G ratio of 1.23 and a beta of 0.80. Universal Health Services, Inc. has a 52-week low of $95.26 and a 52-week high of $132.63.

Universal Health Services (NYSE:UHS) last announced its quarterly earnings results on Thursday, October 25th. The health services provider reported $2.23 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $2.01 by $0.22. The business had revenue of $2.65 billion during the quarter, compared to the consensus estimate of $2.68 billion. Universal Health Services had a net margin of 7.89% and a return on equity of 16.33%. On average, equities research analysts forecast that Universal Health Services, Inc. will post 9.47 EPS for the current fiscal year.

Several analysts have recently commented on the stock. Barclays reduced their target price on shares of Universal Health Services from $135.00 to $130.00 and set an “equal weight” rating for the company in a research note on Monday, October 29th. Leerink Swann reduced their target price on shares of Universal Health Services from $140.00 to $135.00 and set an “outperform” rating for the company in a research note on Monday, October 29th. TheStreet upgraded shares of Universal Health Services from a “c+” rating to a “b” rating in a research note on Monday, July 23rd. BMO Capital Markets cut shares of Universal Health Services from an “outperform” rating to a “market perform” rating and set a $130.00 target price for the company. in a research note on Wednesday, August 1st. Finally, Citigroup reduced their target price on shares of Universal Health Services from $145.00 to $140.00 and set a “buy” rating for the company in a research note on Monday, October 29th. Eight research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $136.31.

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About Universal Health Services

Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, outpatient facilities, and behavioral health care facilities. The company operates through Acute Care Hospital Services, Behavioral Health Care Services, and Other segments. Its hospital offer general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, coronary care, pediatric services, pharmacy services, and/or behavioral health services.

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

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