True Wealth Design LLC Invests $39,000 in Universal Health Services, Inc. (NYSE:UHS)

True Wealth Design LLC purchased a new stake in shares of Universal Health Services, Inc. (NYSE:UHS) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 171 shares of the health services provider’s stock, valued at approximately $39,000.

Other institutional investors also recently added to or reduced their stakes in the company. Cetera Investment Advisers increased its stake in shares of Universal Health Services by 134.2% during the 1st quarter. Cetera Investment Advisers now owns 8,744 shares of the health services provider’s stock worth $1,595,000 after purchasing an additional 5,010 shares during the last quarter. Cetera Advisors LLC bought a new stake in shares of Universal Health Services in the first quarter valued at $642,000. DekaBank Deutsche Girozentrale lifted its position in shares of Universal Health Services by 33.6% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 4,521 shares of the health services provider’s stock valued at $820,000 after buying an additional 1,138 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of Universal Health Services by 84.7% during the 2nd quarter. GAMMA Investing LLC now owns 665 shares of the health services provider’s stock worth $123,000 after acquiring an additional 305 shares during the period. Finally, DNB Asset Management AS increased its holdings in Universal Health Services by 27.3% in the 2nd quarter. DNB Asset Management AS now owns 10,762 shares of the health services provider’s stock worth $1,990,000 after acquiring an additional 2,310 shares during the last quarter. Institutional investors own 86.05% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on UHS. Bank of America initiated coverage on shares of Universal Health Services in a research report on Wednesday, November 6th. They set a “neutral” rating and a $223.00 target price for the company. UBS Group raised their price objective on shares of Universal Health Services from $247.00 to $267.00 and gave the stock a “buy” rating in a report on Wednesday, August 14th. Wells Fargo & Company lowered their target price on shares of Universal Health Services from $285.00 to $230.00 and set an “overweight” rating on the stock in a report on Monday, November 25th. KeyCorp started coverage on Universal Health Services in a research report on Friday, October 11th. They issued a “sector weight” rating for the company. Finally, TD Cowen dropped their price objective on Universal Health Services from $275.00 to $251.00 and set a “buy” rating on the stock in a report on Tuesday, November 26th. Six equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $225.50.

Universal Health Services Price Performance

UHS stock opened at $205.00 on Monday. The firm has a 50 day simple moving average of $214.82 and a two-hundred day simple moving average of $207.29. The stock has a market cap of $13.52 billion, a PE ratio of 13.63, a P/E/G ratio of 0.65 and a beta of 1.29. Universal Health Services, Inc. has a one year low of $133.70 and a one year high of $243.25. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.39 and a quick ratio of 1.28.

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 return on equity of 15.75% and a net margin of 6.66%. The company had revenue of $3.96 billion during the quarter, compared to analysts’ expectations of $3.90 billion. During the same quarter last year, the firm posted $2.55 earnings per share. The firm’s revenue was up 11.3% on a year-over-year basis. On average, analysts predict that Universal Health Services, Inc. will post 15.93 EPS for the current fiscal year.

Universal Health Services Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 17th. Investors of record on Tuesday, December 3rd will be issued a dividend of $0.20 per share. The ex-dividend date is Tuesday, December 3rd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.39%. Universal Health Services’s dividend payout ratio is 5.32%.

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.