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Westport Asset Management Comments on Universal Health Services Inc.

August 08, 2013 | About:
Holly LaFon

By far the biggest contributor to first half performance was the Westport Select Cap Fund's largest holding, Universal Health Services, Inc. (UHS), Class B shares. This operator of acute care and mental health hospitals gained over 38% and contributed 393 basis points to performance. Once again investors focused on the company as a prime beneficiary of the 2014 implementation of the Affordable Care Act, known by most commentators as "Obamacare."

From Westport Asset Management's second quarter 2013 letter.

Rating: 3.0/5 (2 votes)

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