Jackson Creek Investment Advisors LLC Makes New Investment in Universal Health Services, Inc. (NYSE:UHS)

Jackson Creek Investment Advisors LLC bought a new position in Universal Health Services, Inc. (NYSE:UHS) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 6,224 shares of the health services provider’s stock, valued at approximately $949,000.

Other hedge funds also recently bought and sold shares of the company. EverSource Wealth Advisors LLC raised its holdings in Universal Health Services by 42.8% in the third quarter. EverSource Wealth Advisors LLC now owns 267 shares of the health services provider’s stock worth $34,000 after purchasing an additional 80 shares during the period. GAMMA Investing LLC acquired a new stake in Universal Health Services in the fourth quarter worth $42,000. Platinum Investment Management Ltd. raised its holdings in Universal Health Services by 16.9% in the third quarter. Platinum Investment Management Ltd. now owns 727 shares of the health services provider’s stock worth $91,000 after purchasing an additional 105 shares during the period. Tompkins Financial Corp acquired a new stake in shares of Universal Health Services during the fourth quarter worth $96,000. Finally, Van ECK Associates Corp raised its holdings in shares of Universal Health Services by 9.6% during the third quarter. Van ECK Associates Corp now owns 1,004 shares of the health services provider’s stock worth $126,000 after acquiring an additional 88 shares during the period. 86.05% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Universal Health Services news, CFO Steve Filton sold 35,000 shares of Universal Health Services stock in a transaction dated Friday, March 8th. The shares were sold at an average price of $176.82, for a total value of $6,188,700.00. Following the completion of the sale, the chief financial officer now owns 68,785 shares in the company, valued at approximately $12,162,563.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 16.10% of the stock is currently owned by insiders.

Universal Health Services Stock Performance

Shares of UHS traded up $1.31 during midday trading on Tuesday, reaching $170.43. The stock had a trading volume of 1,002,771 shares, compared to its average volume of 592,902. The firm has a 50 day simple moving average of $170.76 and a 200-day simple moving average of $154.00. Universal Health Services, Inc. has a one year low of $119.90 and a one year high of $183.61. The firm has a market cap of $11.46 billion, a PE ratio of 14.41, a P/E/G ratio of 0.82 and a beta of 1.24. The company has a current ratio of 1.38, a quick ratio of 1.28 and a debt-to-equity ratio of 0.75.

Universal Health Services (NYSE:UHS) last announced its quarterly earnings data on Wednesday, April 24th. The health services provider reported $3.70 EPS for the quarter, beating analysts’ consensus estimates of $3.14 by $0.56. The company had revenue of $3.84 billion during the quarter, compared to the consensus estimate of $3.78 billion. Universal Health Services had a net margin of 5.57% and a return on equity of 13.34%. The company’s quarterly revenue was up 10.8% on a year-over-year basis. During the same quarter last year, the firm posted $2.34 EPS. As a group, sell-side analysts anticipate that Universal Health Services, Inc. will post 13.47 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. JPMorgan Chase & Co. raised their price objective on shares of Universal Health Services from $144.00 to $182.00 and gave the stock a “neutral” rating in a report on Wednesday, March 13th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Universal Health Services from $208.00 to $203.00 and set a “buy” rating on the stock in a report on Friday, April 12th. Barclays raised their price objective on shares of Universal Health Services from $181.00 to $189.00 and gave the stock an “equal weight” rating in a report on Friday. The Goldman Sachs Group raised their price objective on shares of Universal Health Services from $170.00 to $189.00 and gave the stock a “buy” rating in a report on Monday, March 4th. Finally, Wells Fargo & Company raised their price objective on shares of Universal Health Services from $195.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, March 28th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Universal Health Services has a consensus rating of “Moderate Buy” and an average price target of $182.79.

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.