5 Stocks to Buy According to Stephen DuBois’ Camber Capital Management

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

Camber Capital Management’s Stake Value: $231,920,000
Percentage of Camber Capital Management’s Portfolio: 8.38%
Number of Hedge Fund Holders: 40

Universal Health Services, Inc. (NYSE:UHS) is a national supplier of hospital and healthcare services devoted to enhancing people’s lives and revolutionizing healthcare delivery. DuBois’ Camber Capital Management first acquired a position in Universal Health Services, Inc. (NYSE:UHS) in Q4 2012. It spent $44.99 on average for each share. The hedge fund sold 4% of its Universal Health Services, Inc. (NYSE:UHS) shares in the first quarter. With the sale of almost 50,000 shares, it ended the first quarter owning 1.60 million shares of Universal Health Services, Inc. (NYSE:UHS).

On July 1, Mizuho analyst Ann Hynes maintained a ‘Buy’ recommendation on Universal Health Services, Inc. (NYSE:UHS) while reducing her price target on UHS shares to $121 from $153. After polling 210 physicians across 14 specialties, the analyst concluded that nurse wage pressure remained a significant obstacle even if sequential volume trends continued to improve. Overall volumes were still below 2019 pre-pandemic levels.

Out of the hedge funds that are tracked by Insider Monkey, New York-based investment firm First Eagle Investment Management was the leading shareholder of Universal Health Services, Inc. (NYSE:UHS), with 4.16 million shares worth more than $602.34 million.

Overall, 40 hedge funds owned positions in Universal Health Services, Inc. (NYSE:UHS) at the end of March with a collective value of $623.14 million. This was an increase of 5 hedge funds from the previous quarter, when 35 hedge funds owned stakes in Universal Health Services, Inc. (NYSE:UHS).