GW Henssler & Associates Ltd. lowered its position in shares of Universal Health Services Inc. (NYSE:UHS) by 27.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,762 shares of the company’s stock after selling 7,244 shares during the period. GW Henssler & Associates Ltd.’s holdings in Universal Health Services were worth $2,516,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also made changes to their positions in UHS. Checchi Capital Advisers LLC increased its position in shares of Universal Health Services by 1.2% in the second quarter. Checchi Capital Advisers LLC now owns 1,030 shares of the company’s stock worth $138,000 after buying an additional 12 shares during the last quarter. Creative Planning increased its position in shares of Universal Health Services by 5.2% in the second quarter. Creative Planning now owns 1,108 shares of the company’s stock worth $149,000 after buying an additional 55 shares during the last quarter. CrestPoint Capital Management LLC acquired a new position in shares of Universal Health Services during the second quarter worth about $201,000. Cullen Frost Bankers Inc. purchased a new stake in Universal Health Services during the second quarter worth approximately $215,000. Finally, National Planning Corp purchased a new stake in Universal Health Services during the first quarter worth approximately $230,000. 85.07% of the stock is currently owned by hedge funds and other institutional investors.
Universal Health Services Inc. (NYSE:UHS) traded up 0.08% during mid-day trading on Monday, hitting $123.46. The company had a trading volume of 622,481 shares. The company has a 50-day moving average price of $121.64 and a 200 day moving average price of $128.62. The firm has a market capitalization of $12.02 billion, a P/E ratio of 17.58 and a beta of 1.20. Universal Health Services Inc. has a 12 month low of $100.82 and a 12 month high of $139.77.
Universal Health Services (NYSE:UHS) last issued its quarterly earnings results on Tuesday, July 26th. The company reported $1.94 EPS for the quarter, hitting the Zacks’ consensus estimate of $1.94. Universal Health Services had a return on equity of 16.56% and a net margin of 7.43%. The company earned $2.43 billion during the quarter, compared to analysts’ expectations of $2.47 billion. During the same quarter in the previous year, the firm posted $1.85 EPS. The firm’s revenue was up 6.8% compared to the same quarter last year. Equities analysts forecast that Universal Health Services Inc. will post $7.51 EPS for the current fiscal year.
UHS has been the subject of a number of research reports. Zacks Investment Research cut Universal Health Services from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 20th. Barclays PLC reduced their price objective on Universal Health Services from $150.00 to $147.00 and set an “equal weight” rating for the company in a research report on Thursday, July 28th. JPMorgan Chase & Co. upped their price objective on Universal Health Services from $138.00 to $150.00 and gave the company an “overweight” rating in a research report on Friday, July 29th. Leerink Swann reiterated a “buy” rating and set a $150.00 price objective on shares of Universal Health Services in a research report on Friday, July 29th. Finally, Credit Suisse Group AG reiterated a “hold” rating and set a $130.00 price objective on shares of Universal Health Services in a research report on Tuesday, August 30th. Six research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $143.25.
Universal Health Services Company Profile
Universal Health Services, Inc is a holding company. The Company, through its subsidiaries, is engaged in owning and operating acute care hospitals, behavioral health centers, surgical hospitals, ambulatory surgery centers and radiation oncology centers. Its segment is acute care hospital services and behavioral healthcare services.