Financial Management Professionals Inc. Makes New $32,000 Investment in Universal Health Services, Inc. (NYSE:UHS)

Financial Management Professionals Inc. purchased a new position in Universal Health Services, Inc. (NYSE:UHS) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 139 shares of the health services provider’s stock, valued at approximately $32,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in UHS. Blue Trust Inc. raised its holdings in shares of Universal Health Services by 1,284.6% in the second quarter. Blue Trust Inc. now owns 180 shares of the health services provider’s stock worth $33,000 after buying an additional 167 shares during the last quarter. Innealta Capital LLC purchased a new position in shares of Universal Health Services in the second quarter worth $35,000. Headlands Technologies LLC purchased a new position in shares of Universal Health Services in the first quarter worth $36,000. Denali Advisors LLC purchased a new position in shares of Universal Health Services in the first quarter worth $37,000. Finally, LRI Investments LLC acquired a new stake in shares of Universal Health Services in the first quarter worth $43,000. Hedge funds and other institutional investors own 86.05% of the company’s stock.

Universal Health Services Stock Down 9.8 %

UHS stock opened at $202.75 on Monday. The firm’s fifty day moving average is $229.55 and its 200 day moving average is $201.23. Universal Health Services, Inc. has a one year low of $121.00 and a one year high of $243.25. The firm has a market cap of $13.53 billion, a PE ratio of 13.48, a P/E/G ratio of 0.67 and a beta of 1.27. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.28 and a current ratio of 1.39.

Universal Health Services (NYSE:UHS) last announced its earnings results on Thursday, October 24th. The health services provider reported $3.71 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.75 by ($0.04). Universal Health Services had a net margin of 6.66% and a return on equity of 15.75%. The company had revenue of $3.96 billion during the quarter, compared to analyst estimates of $3.90 billion. During the same quarter last year, the business earned $2.55 EPS. The firm’s revenue for the quarter was up 11.3% compared to the same quarter last year. On average, research analysts forecast that Universal Health Services, Inc. will post 15.9 EPS for the current year.

Universal Health Services declared that its board has authorized a stock buyback program on Wednesday, July 24th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the health services provider to repurchase up to 8% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s management believes its stock is undervalued.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Wells Fargo & Company increased their price objective on shares of Universal Health Services from $255.00 to $275.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 22nd. Royal Bank of Canada increased their price objective on shares of Universal Health Services from $189.00 to $222.00 and gave the stock a “sector perform” rating in a research note on Monday, September 9th. UBS Group increased their price objective on shares of Universal Health Services from $247.00 to $267.00 and gave the stock a “buy” rating in a research note on Wednesday, August 14th. StockNews.com upgraded shares of Universal Health Services from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 19th. Finally, KeyCorp assumed coverage on shares of Universal Health Services in a research note on Friday, October 11th. They issued a “sector weight” rating on the stock. Five research analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $232.46.

Insider Activity

In other news, Director Nina Chen-Langenmayr sold 850 shares of Universal Health Services stock in a transaction dated Wednesday, August 7th. The shares were sold at an average price of $212.11, for a total value of $180,293.50. Following the sale, the director now owns 1,985 shares in the company, valued at $421,038.35. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other news, Director Nina Chen-Langenmayr sold 850 shares of the firm’s stock in a transaction dated Wednesday, August 7th. The shares were sold at an average price of $212.11, for a total value of $180,293.50. Following the transaction, the director now directly owns 1,985 shares of the company’s stock, valued at approximately $421,038.35. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Warren J. Nimetz sold 3,444 shares of the firm’s stock in a transaction dated Monday, August 12th. The stock was sold at an average price of $217.64, for a total transaction of $749,552.16. Following the completion of the transaction, the director now directly owns 3,971 shares in the company, valued at approximately $864,248.44. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 16.10% of the company’s stock.

Universal Health Services Company 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.