Exxonmobil Investment Management Inc. TX Trims Holdings in Universal Health Services, Inc. (UHS)

Exxonmobil Investment Management Inc. TX cut its stake in Universal Health Services, Inc. (NYSE:UHS) by 13.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,934 shares of the health services provider’s stock after selling 2,205 shares during the period. Exxonmobil Investment Management Inc. TX’s holdings in Universal Health Services were worth $1,579,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Cambridge Investment Research Advisors Inc. bought a new stake in Universal Health Services in the 2nd quarter valued at $211,000. Advisor Group Inc. lifted its holdings in shares of Universal Health Services by 198.0% during the 2nd quarter. Advisor Group Inc. now owns 1,812 shares of the health services provider’s stock worth $220,000 after acquiring an additional 1,204 shares during the period. Crossmark Global Holdings Inc. bought a new position in shares of Universal Health Services during the 3rd quarter worth about $205,000. Veritable L.P. lifted its holdings in shares of Universal Health Services by 16.6% during the 2nd quarter. Veritable L.P. now owns 1,925 shares of the health services provider’s stock worth $235,000 after acquiring an additional 274 shares during the period. Finally, Zeke Capital Advisors LLC bought a new position in shares of Universal Health Services during the 3rd quarter worth about $228,000. 86.07% of the stock is owned by hedge funds and other institutional investors.

A number of research firms have recently commented on UHS. Zacks Investment Research downgraded shares of Universal Health Services from a “hold” rating to a “sell” rating in a report on Saturday, January 6th. Royal Bank of Canada reaffirmed a “buy” rating and set a $134.00 price objective on shares of Universal Health Services in a report on Thursday, January 4th. Goldman Sachs Group began coverage on shares of Universal Health Services in a report on Wednesday, January 3rd. They set a “buy” rating and a $137.00 price objective for the company. Piper Jaffray Companies downgraded shares of Universal Health Services from an “overweight” rating to a “neutral” rating and set a $147.00 price objective for the company. in a report on Wednesday, January 3rd. Finally, Credit Suisse Group reaffirmed an “outperform” rating and set a $135.00 price objective (up from $125.00) on shares of Universal Health Services in a report on Tuesday, December 19th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and eleven have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $130.50.

Universal Health Services, Inc. (NYSE:UHS) opened at $116.05 on Thursday. Universal Health Services, Inc. has a 1-year low of $95.26 and a 1-year high of $129.74. The stock has a market cap of $11,050.00, a PE ratio of 15.96, a P/E/G ratio of 2.46 and a beta of 0.97. The company has a current ratio of 1.26, a quick ratio of 1.16 and a debt-to-equity ratio of 0.80.

Universal Health Services (NYSE:UHS) last announced its quarterly earnings results on Wednesday, October 25th. The health services provider reported $1.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.76 by ($0.27). Universal Health Services had a net margin of 6.90% and a return on equity of 15.13%. The firm had revenue of $2.51 billion for the quarter, compared to the consensus estimate of $2.60 billion. During the same period in the prior year, the business earned $1.60 earnings per share. The company’s revenue for the quarter was up 4.4% on a year-over-year basis. equities analysts predict that Universal Health Services, Inc. will post 7.36 earnings per share for the current fiscal year.

Universal Health Services declared that its Board of Directors has initiated a stock repurchase plan on Wednesday, November 15th that permits the company to buyback $400.00 million in shares. This buyback authorization permits the health services provider to purchase shares of its stock through open market purchases. Shares buyback plans are often a sign that the company’s leadership believes its stock is undervalued.

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About Universal Health Services

Universal Health Services, Inc is a holding company. The Company’s principal business is owning and operating, through its subsidiaries, acute care hospitals and outpatient facilities, and behavioral healthcare facilities. The Company’s segments include Acute Care Hospital Services, Behavioral Health Services and Other.

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Institutional Ownership by Quarter for Universal Health Services (NYSE:UHS)

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