Universal Health Services Inc. (UHS) Insider Lowers Exposure By 2,000 Shares

Universal Health Services, Inc. (NYSE:UHS) saw an insider alter its holdings in the company through a transaction that began last week, but was officially filed today, September 15. The Chairman and Chief Executive Officer, Alan B. Miller, disposed of 2,000 shares of common stock at an average price of $113.45 per share. Following this transaction, Miller now owns 817,702 shares directly, while indirectly holding 171,000 shares.

Universal Health Services, Inc. (NYSE:UHS) is an $11.8 billion market cap corporation that owns and operates through its subsidiaries, acute care hospitals, behavioral health centers, surgical hospitals, ambulatory surgery centers and radiation oncology centers.

In addition, among the hedge fund investors in the company is Citadel Investment Group, the hedge fund run by billionaire Ken Griffin. The fund reported a 535% increase in its stake over the course of the last fiscal quarter, and now holds 929,252 shares worth nearly $89 million.

Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.

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