Universal Health Services, Inc. (UHS) Position Boosted by Russell Investments Group Ltd.

Russell Investments Group Ltd. increased its holdings in Universal Health Services, Inc. (NYSE:UHS) by 33.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 123,081 shares of the health services provider’s stock after buying an additional 30,904 shares during the quarter. Russell Investments Group Ltd.’s holdings in Universal Health Services were worth $15,659,000 at the end of the most recent reporting period.

A number of other hedge funds 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 valued at $131,000 after purchasing an additional 432 shares in the last quarter. 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 valued at $774,000 after purchasing an additional 455 shares in the last quarter. CENTRAL TRUST Co boosted its stake in Universal Health Services by 40.6% during the 2nd quarter. CENTRAL TRUST Co now owns 1,645 shares of the health services provider’s stock valued at $183,000 after purchasing an additional 475 shares in the last quarter. Rehmann Capital Advisory Group boosted its stake in Universal Health Services by 116.6% during the 2nd quarter. Rehmann Capital Advisory Group now owns 1,068 shares of the health services provider’s stock valued at $119,000 after purchasing an additional 575 shares in the last quarter. Finally, IFM Investors Pty Ltd boosted its stake in Universal Health Services by 14.7% during the 3rd quarter. IFM Investors Pty Ltd now owns 4,754 shares of the health services provider’s stock valued at $608,000 after purchasing an additional 610 shares in the last quarter. 88.15% of the stock is owned by institutional investors and hedge funds.

A number of brokerages have issued reports on UHS. Barclays began coverage on Universal Health Services in a research note on Tuesday, August 14th. They set an “equal weight” rating and a $135.00 price target for the company. Zacks Investment Research lowered Universal Health Services from a “buy” rating to a “hold” rating in a research note on Thursday, August 9th. ValuEngine raised Universal Health Services from a “sell” rating to a “hold” rating in a research note on Thursday, July 26th. Bank of America raised Universal Health Services from a “neutral” rating to a “buy” rating and increased their price target for the company from $128.00 to $155.00 in a research note on Tuesday, September 18th. Finally, Morgan Stanley increased their price target on Universal Health Services from $122.00 to $134.00 and gave the company an “equal weight” rating in a research note on Wednesday, September 5th. Eight analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $136.31.

Shares of NYSE:UHS opened at $131.49 on Friday. Universal Health Services, Inc. has a one year low of $95.26 and a one year high of $132.63. The firm has a market cap of $12.09 billion, a PE ratio of 14.15, a P/E/G ratio of 1.29 and a beta of 0.80. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.09 and a quick ratio of 1.01.

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

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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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