Viking Global Investors LP Cut Universal Hlth Svcs (UHS) Position; Ferro (FOE) Sentiment Is 0.88

March 17, 2018 - By Michael Collier

Ferro Corporation produces specialty materials in the United States and internationally. The company has market cap of $1.99 billion. It operates through four business units: Tile Coating Systems; Porcelain Enamel; Performance Colors and Glass; and Pigments, Powders and Oxides. It has a 35.37 P/E ratio. The firm offers frits, porcelain and other glass enamels, glazes, stains, decorating colors, pigments, inks, polishing materials, dielectrics, electronic glasses, and other specialty coatings.

Viking Global Investors Lp decreased Universal Hlth Svcs Inc (UHS) stake by 31.47% reported in 2017Q3 SEC filing. Viking Global Investors Lp sold 548,308 shares as Universal Hlth Svcs Inc (UHS)’s stock declined 3.47%. The Viking Global Investors Lp holds 1.19M shares with $132.45M value, down from 1.74 million last quarter. Universal Hlth Svcs Inc now has $11.57B valuation. The stock decreased 0.26% or $0.32 during the last trading session, reaching $123.51. About 928,280 shares traded or 11.21% up from the average. Universal Health Services, Inc. (NYSE:UHS) has declined 11.23% since March 17, 2017 and is downtrending. It has underperformed by 27.93% the S&P500.

Analysts await Universal Health Services, Inc. (NYSE:UHS) to report earnings on April, 24. They expect $2.59 EPS, up 23.33% or $0.49 from last year’s $2.1 per share. UHS’s profit will be $242.71 million for 11.92 P/E if the $2.59 EPS becomes a reality. After $2.00 actual EPS reported by Universal Health Services, Inc. for the previous quarter, Wall Street now forecasts 29.50% EPS growth.

Investors sentiment increased to 1.05 in 2017 Q3. Its up 0.15, from 0.9 in 2017Q2. It improved, as 46 investors sold UHS shares while 128 reduced holdings. 40 funds opened positions while 117 raised stakes. 80.67 million shares or 0.27% less from 80.88 million shares in 2017Q2 were reported. Rhumbline Advisers accumulated 153,498 shares or 0.04% of the stock. Highbridge Capital Management Limited Liability Com owns 6,301 shares or 0.01% of their US portfolio. Ingalls & Snyder Limited Liability Corporation accumulated 3,000 shares. Moreover, Hutchin Hill Capital Lp has 0.46% invested in Universal Health Services, Inc. (NYSE:UHS). Cibc Asset Management Inc stated it has 11,858 shares. Invesco Ltd holds 173,604 shares. The Alabama-based Andra Ap has invested 0.06% in Universal Health Services, Inc. (NYSE:UHS). Livforsakringsbolaget Skandia Omsesidigt holds 0.02% or 1,684 shares in its portfolio. Hemenway Trust Ltd Llc holds 2,000 shares. Pictet Asset Ltd holds 0.01% of its portfolio in Universal Health Services, Inc. (NYSE:UHS) for 45,345 shares. Rampart Inv Ltd Co accumulated 1,253 shares. Burney Company has 0.67% invested in Universal Health Services, Inc. (NYSE:UHS) for 83,697 shares. Public Employees Retirement System Of Ohio has invested 0.02% in Universal Health Services, Inc. (NYSE:UHS). San Francisco Sentry Invest Group Inc (Ca) reported 5,745 shares. Whittier Of Nevada Inc holds 6,400 shares or 0.07% of its portfolio.

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 rating was upgraded by Citigroup on Tuesday, December 12 to “Buy”. The rating was upgraded by Mizuho to “Buy” on Monday, March 27. The company was maintained on Thursday, August 17 by Morgan Stanley. The stock has “Buy” rating by Mizuho on Friday, July 31. Credit Suisse maintained it with “Buy” rating and $135.0 target in Tuesday, December 19 report. The stock of Universal Health Services, Inc. (NYSE:UHS) has “Neutral” rating given on Wednesday, December 16 by Credit Suisse. Robert W. Baird maintained the stock with “Buy” rating in Tuesday, March 6 report. The firm has “Buy” rating by Piper Jaffray given on Thursday, October 26. The firm has “Mkt Perform” rating by Avondale given on Wednesday, November 9. The company was upgraded on Thursday, October 1 by KeyBanc Capital Markets.

Viking Global Investors Lp increased Netflix Inc (NASDAQ:NFLX) stake by 2.24M shares to 3.92M valued at $711.14 million in 2017Q3. It also upped Raymond James Financial Inc (NYSE:RJF) stake by 2.24M shares and now owns 3.20 million shares. Alphabet Inc was raised too.

The stock increased 0.72% or $0.17 during the last trading session, reaching $23.7. About 674,649 shares traded or 71.17% up from the average. Ferro Corporation (FOE) has risen 24.49% since March 17, 2017 and is uptrending. It has outperformed by 7.79% the S&P500.

Since January 1, 0001, it had 0 insider buys, and 5 selling transactions for $1.72 million activity.

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