Mizuho Securities USA LLC Has $23.17 Million Stock Holdings in Universal Health Services, Inc. (NYSE:UHS)

Mizuho Securities USA LLC grew its holdings in Universal Health Services, Inc. (NYSE:UHS) by 2,101.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 101,188 shares of the health services provider’s stock after acquiring an additional 96,591 shares during the quarter. Mizuho Securities USA LLC owned 0.15% of Universal Health Services worth $23,173,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of UHS. Financial Management Professionals Inc. acquired a new position in shares of Universal Health Services in the third quarter valued at $32,000. Blue Trust Inc. boosted its holdings in shares of Universal Health Services by 1,284.6% in the 2nd quarter. Blue Trust Inc. now owns 180 shares of the health services provider’s stock valued at $33,000 after purchasing an additional 167 shares in the last quarter. Innealta Capital LLC bought a new position in shares of Universal Health Services in the 2nd quarter valued at $35,000. Headlands Technologies LLC acquired a new position in shares of Universal Health Services during the 1st quarter worth $36,000. Finally, Huntington National Bank lifted its position in shares of Universal Health Services by 414.3% during the 3rd quarter. Huntington National Bank now owns 180 shares of the health services provider’s stock worth $41,000 after buying an additional 145 shares during the last quarter. 86.05% of the stock is currently owned by institutional investors and hedge funds.

Universal Health Services Trading Up 0.3 %

UHS opened at $201.69 on Friday. The company has a fifty day moving average price of $221.18 and a two-hundred day moving average price of $205.11. Universal Health Services, Inc. has a 1-year low of $132.74 and a 1-year high of $243.25. The company has a market cap of $13.45 billion, a P/E ratio of 13.41, a price-to-earnings-growth ratio of 0.65 and a beta of 1.29. The company has a current ratio of 1.39, a quick ratio of 1.28 and a debt-to-equity ratio of 0.69.

Universal Health Services (NYSE:UHS) last announced its quarterly 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). The firm had revenue of $3.96 billion during the quarter, compared to the consensus estimate of $3.90 billion. Universal Health Services had a return on equity of 15.75% and a net margin of 6.66%. The firm’s revenue was up 11.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.55 EPS. Analysts predict that Universal Health Services, Inc. will post 15.93 EPS for the current fiscal year.

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

Analyst Ratings Changes

A number of equities analysts recently issued reports on UHS shares. StockNews.com cut shares of Universal Health Services from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 9th. Cantor Fitzgerald reiterated a “neutral” rating and issued a $219.00 price target on shares of Universal Health Services in a research note on Friday, October 25th. Bank of America started coverage on Universal Health Services in a report on Wednesday, November 6th. They issued a “neutral” rating and a $223.00 target price for the company. KeyCorp started coverage on shares of Universal Health Services in a research report on Friday, October 11th. They set a “sector weight” rating on the stock. Finally, Royal Bank of Canada decreased their price objective on Universal Health Services from $222.00 to $211.00 and set a “sector perform” rating for the company in a report on Monday, October 28th. Six investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $231.14.

About Universal Health Services

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.