Wedge Capital Management L LP Boosted Universal Health Svcs Cl B (UHS) Stake By $27.55 Million; Shorts at Educational Development (EDUC) Raised By 5.27%

Wedge Capital Management L LP increased Universal Health Svcs Inc Cl B (UHS) stake by 17.15% reported in 2016Q4 SEC filing. Wedge Capital Management L LP acquired 259,868 shares as Universal Health Svcs Inc Cl B (UHS)’s stock declined 11.92%. The Wedge Capital Management L LP holds 1.78M shares with $188.86 million value, up from 1.52 million last quarter. Universal Health Svcs Inc Cl B now has $11.80B valuation. The stock rose 0.08% or $0.1 reaching $121.52 per share. About 32,966 shares traded. Universal Health Services, Inc. (NYSE:UHS) has declined 1.50% since September 19, 2016 and is downtrending. It has underperformed by 13.16% the S&P500.

Educational Development (NASDAQ:EDUC) had an increase of 5.27% in short interest. EDUC’s SI was 123,800 shares in April as released by FINRA. Its up 5.27% from 117,600 shares previously. With 19,200 avg volume, 6 days are for Educational Development (NASDAQ:EDUC)’s short sellers to cover EDUC’s short positions. The SI to Educational Development’s float is 3.95%. About 217 shares traded. Educational Development Corporation (NASDAQ:EDUC) has declined 28.19% since September 19, 2016 and is downtrending. It has underperformed by 39.85% the S&P500.

Investors sentiment increased to 0.43 in Q4 2016. Its up 0.12, from 0.31 in 2016Q3. It improved, as 4 investors sold Educational Development Corporation shares while 3 reduced holdings. 1 funds opened positions while 2 raised stakes. 357,306 shares or 6.18% less from 380,861 shares in 2016Q3 were reported. Geode Management Ltd Limited Liability Company accumulated 21,194 shares. Renaissance Techs Ltd Liability Company accumulated 19,731 shares. Bridgeway Mngmt holds 0.01% in Educational Development Corporation (NASDAQ:EDUC) or 65,400 shares. Dimensional Fund L P holds 0% or 93,234 shares in its portfolio. Blackrock Fund Advisors holds 0% in Educational Development Corporation (NASDAQ:EDUC) or 11,719 shares. Ancora Ltd Liability Corp has 700 shares. Manufacturers Life The stated it has 79 shares. Vanguard Group Inc owns 0% invested in Educational Development Corporation (NASDAQ:EDUC) for 106,150 shares. First Wilshire Securities Mgmt holds 38,292 shares. Fifth Third Commercial Bank has invested 0% in Educational Development Corporation (NASDAQ:EDUC). Morgan Stanley invested in 231 shares. Blackrock Investment Mngmt Ltd Com invested in 539 shares.

Educational Development Corporation is a publisher of the line of educational children’s books produced in the United Kingdom by Usborne Publishing Limited (Usborne). The company has market cap of $31.87 million. The Firm also owns Kane Miller Book Publishers. It has a 15.61 P/E ratio. The Firm sells books through two divisions: Home Business Division (Usborne Books & More or UBAM) and Publishing Division (EDC Publishing).

Among 17 analysts covering Universal Health Services Inc. (NYSE:UHS), 8 have Buy rating, 0 Sell and 9 Hold. Therefore 47% are positive. Universal Health Services Inc. had 32 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of Universal Health Services, Inc. (NYSE:UHS) has “Outperform” rating given on Friday, April 29 by RBC Capital Markets. The rating was upgraded by Zacks on Wednesday, August 5 to “Hold”. Deutsche Bank maintained the stock with “Buy” rating in Wednesday, April 5 report. The rating was initiated by Piper Jaffray with “Neutral” on Wednesday, January 4. The firm has “Overweight” rating given on Thursday, October 1 by KeyBanc Capital Markets. The firm has “Neutral” rating by Bank of America given on Wednesday, November 9. The rating was initiated by JP Morgan on Wednesday, September 16 with “Overweight”. On Monday, February 27 the stock rating was maintained by Mizuho with “Neutral”. The firm has “Mkt Perform” rating given on Wednesday, December 14 by Raymond James. As per Monday, June 13, the company rating was upgraded by Ladenburg Thalmann.

Since March 8, 2017, it had 0 insider purchases, and 1 sale for $1.24 million activity. FILTON STEVE sold $1.24 million worth of stock or 10,000 shares.