Kerrisdale Advisers Cut Its Adamas Pharmaceuticals (ADMS) Position as Stock Price Declined; Glenview Capital Management Has Raised Universal Hlth Svcs (UHS) Stake by $206.46 Million; Share Value Rose

April 17, 2018 - By Adrian Mccoy

Universal Health Services, Inc. (NYSE:UHS) Logo

Larry Robbins increased its stake in Universal Hlth Svcs Inc (UHS) by 79.46% based on its latest 2017Q4 regulatory filing with the SEC. Glenview Capital Management Llc bought 1.83 million shares as the company’s stock rose 4.68% while stock markets declined. The hedge fund run by Larry Robbins held 4.13M shares of the health care company at the end of 2017Q4, valued at $467.75 million, up from 2.30 million at the end of the previous reported quarter. Glenview Capital Management Llc who had been investing in Universal Hlth Svcs Inc for a number of months, seems to be bullish on the $11.38 billion market cap company. The stock increased 0.32% or $0.38 during the last trading session, reaching $120.93. About 501,857 shares traded. Universal Health Services, Inc. (NYSE:UHS) has declined 4.39% since April 17, 2017 and is downtrending. It has underperformed by 15.94% the S&P500.

Sahm Adrangi decreased its stake in Adamas Pharmaceuticals Inc (ADMS) by 89.36% based on its latest 2017Q4 regulatory filing with the SEC. Kerrisdale Advisers Llc sold 682,642 shares as the company’s stock declined 31.02% with the market. The hedge fund run by Sahm Adrangi held 81,285 shares of the health care company at the end of 2017Q4, valued at $2.76M, down from 763,927 at the end of the previous reported quarter. Kerrisdale Advisers Llc who had been investing in Adamas Pharmaceuticals Inc for a number of months, seems to be less bullish one the $671.52 million market cap company. The stock increased 2.79% or $0.68 during the last trading session, reaching $25.05. About 362,103 shares traded. Adamas Pharmaceuticals, Inc. (NASDAQ:ADMS) has risen 35.83% since April 17, 2017 and is uptrending. It has outperformed by 24.28% the S&P500.

Investors sentiment increased to 1.05 in 2017 Q4. Its up 0.15, from 0.9 in 2017Q3. It is positive, as 44 investors sold UHS shares while 114 reduced holdings. 54 funds opened positions while 112 raised stakes. 80.04 million shares or 0.77% less from 80.67 million shares in 2017Q3 were reported. Sun Life Fincl, Ontario – Canada-based fund reported 192 shares. Suntrust Banks Inc invested 0.01% in Universal Health Services, Inc. (NYSE:UHS). 472,344 were accumulated by Tiaa Cref Invest Management Ltd Liability Company. Moreover, Fincl Architects has 0.01% invested in Universal Health Services, Inc. (NYSE:UHS) for 274 shares. 3,619 were reported by Raymond James Fin Svcs Advsrs Inc. Chevy Chase Trust has invested 0.04% in Universal Health Services, Inc. (NYSE:UHS). Frontier Cap Limited Com invested in 678 shares or 0% of the stock. Old Second Bancorporation Of Aurora invested in 450 shares. Retirement Sys Of Alabama reported 0.02% in Universal Health Services, Inc. (NYSE:UHS). First Personal Fincl Services invested in 258 shares or 0.01% of the stock. Loring Wolcott And Coolidge Fiduciary Advsr Ltd Liability Partnership Ma has invested 0% in Universal Health Services, Inc. (NYSE:UHS). The Illinois-based Magnetar Fincl has invested 0.02% in Universal Health Services, Inc. (NYSE:UHS). Jpmorgan Chase And Co reported 1.96M shares. Rampart Investment Mngmt Llc holds 0.05% or 1,087 shares. Levin Cap Strategies Ltd Partnership stated it has 8,966 shares.

Glenview Capital Management Llc, which manages about $13.95B and $18.50B US Long portfolio, decreased its stake in Liberty Global Plc (NASDAQ:LBTYK) by 292,217 shares to 6.24 million shares, valued at $211.13M in 2017Q4, according to the filing. It also reduced its holding in Mohawk Inds Inc (NYSE:MHK) by 129,682 shares in the quarter, leaving it with 292,551 shares, and cut its stake in Apple Inc (NASDAQ:AAPL).

Among 23 analysts covering Universal Health Services Inc. (NYSE:UHS), 15 have Buy rating, 0 Sell and 8 Hold. Therefore 65% are positive. Universal Health Services Inc. had 63 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Monday, September 21 by Leerink Swann. On Tuesday, March 6 the stock rating was maintained by Robert W. Baird with “Buy”. The stock of Universal Health Services, Inc. (NYSE:UHS) has “Neutral” rating given on Friday, October 27 by Citigroup. The rating was initiated by JP Morgan on Wednesday, September 16 with “Overweight”. The stock of Universal Health Services, Inc. (NYSE:UHS) has “Outperform” rating given on Thursday, October 29 by RBC Capital Markets. The stock of Universal Health Services, Inc. (NYSE:UHS) earned “Neutral” rating by Citigroup on Wednesday, July 26. As per Thursday, October 27, the company rating was maintained by Mizuho. On Friday, March 2 the stock rating was maintained by BMO Capital Markets with “Outperform”. The rating was downgraded by Avondale on Wednesday, November 9 to “Mkt Perform”. The firm earned “Neutral” rating on Wednesday, November 9 by Bank of America.

Universal Health Services, Inc. (NYSE:UHS) Institutional Positions Chart

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


>