SteelPeak Wealth LLC Invests $659,000 in Universal Health Services, Inc. (NYSE:UHS)

SteelPeak Wealth LLC bought a new stake in Universal Health Services, Inc. (NYSE:UHS) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 3,675 shares of the health services provider’s stock, valued at approximately $659,000.

A number of other institutional investors have also bought and sold shares of the company. Mount Yale Investment Advisors LLC acquired a new position in shares of Universal Health Services in the 4th quarter valued at about $2,363,000. Pacer Advisors Inc. lifted its stake in Universal Health Services by 24.6% in the fourth quarter. Pacer Advisors Inc. now owns 7,061 shares of the health services provider’s stock valued at $1,267,000 after buying an additional 1,396 shares during the period. Blue Trust Inc. boosted its holdings in shares of Universal Health Services by 43.2% during the 4th quarter. Blue Trust Inc. now owns 461 shares of the health services provider’s stock worth $83,000 after buying an additional 139 shares in the last quarter. Consolidated Investment Group LLC grew its position in shares of Universal Health Services by 6.3% during the 4th quarter. Consolidated Investment Group LLC now owns 20,400 shares of the health services provider’s stock worth $3,660,000 after buying an additional 1,200 shares during the period. Finally, Exchange Traded Concepts LLC increased its stake in shares of Universal Health Services by 29.8% in the 4th quarter. Exchange Traded Concepts LLC now owns 2,330 shares of the health services provider’s stock valued at $418,000 after acquiring an additional 535 shares in the last quarter. Institutional investors own 86.05% of the company’s stock.

Universal Health Services Price Performance

Shares of NYSE:UHS opened at $189.24 on Friday. The company has a current ratio of 1.39, a quick ratio of 1.28 and a debt-to-equity ratio of 0.69. The stock has a market cap of $12.48 billion, a PE ratio of 12.58, a price-to-earnings-growth ratio of 0.54 and a beta of 1.30. The stock’s fifty day simple moving average is $187.97 and its two-hundred day simple moving average is $207.56. Universal Health Services, Inc. has a 1-year low of $152.68 and a 1-year high of $243.25.

Universal Health Services Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 17th. Investors of record on Tuesday, December 3rd were issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 0.42%. The ex-dividend date was Tuesday, December 3rd. Universal Health Services’s dividend payout ratio (DPR) is presently 5.32%.

Wall Street Analyst Weigh In

UHS has been the topic of several research analyst reports. StockNews.com lowered shares of Universal Health Services from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 9th. JPMorgan Chase & Co. restated a “neutral” rating and issued a $226.00 target price on shares of Universal Health Services in a research note on Tuesday, December 17th. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $219.00 price target on shares of Universal Health Services in a research note on Friday, October 25th. TD Cowen reduced their price objective on Universal Health Services from $275.00 to $251.00 and set a “buy” rating for the company in a research note on Tuesday, November 26th. Finally, Royal Bank of Canada lowered their target price on Universal Health Services from $222.00 to $211.00 and set a “sector perform” rating on the stock in a research report on Monday, October 28th. Seven analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $226.14.

Insider Buying and Selling

In other news, Director Maria Ruderman Singer sold 1,614 shares of the firm’s stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $191.15, for a total transaction of $308,516.10. Following the completion of the sale, the director now directly owns 5,879 shares of the company’s stock, valued at $1,123,770.85. This trade represents a 21.54 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 16.10% of the stock is owned by corporate insiders.

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.