Universal Health Services and These Healthcare Stocks are Selling Off Mid-Day

Through most of the trading day, these stocks are bringing down the Healthcare (NYSE:XLV) sector despite Aetna’s earnings beat. Long time Wall St. Cheat Sheet readers know to watch stock prices because Technicals on the Stock Chart are Strong’ is one of the ‘T’s in our CHEAT SHEET investing framework.

Shares of Luxottica Group S.p.A. (NYSE:LUX) are trading at $26.48, down 36 cents (-1.2%) from the previous close of $26.82. Luxottica Group S.p.A designs, manufactures and distributes fashion, luxury and sport/performance eyewear. It operates in two industry segments: manufacturing and wholesale distribution; and retail distribution.

Stock Price Performance: From July 15, 2011, to September 12, 2011, the stock price had fallen $5.28 (-16.4%) from $32.10 to $26.82. The stock price saw one of its best stretches over the last year between March 25, 2011 and April 6, 2011 when shares rose for nine straight trading days, rising 4.7% (+$1.46). It saw one of its worst periods between March 9, 2011 and March 16, 2011 when shares fell for six straight trading days, falling 9.5% (-$3.02).

Perrigo Company (NASDAQ:PRGO) is among the price losers in the sector. Its shares are trading at $90.29, which is 6 cents (-0.3%) below the previous close of $90.53. Perrigo Company is a global healthcare supplier which develops, manufactures and distributes over-the-counter and generic prescription pharmaceuticals, nutritional products, active pharmaceutical ingredients & pharmaceutical & medical diagnostic products.

Stock Price Performance: From June 16, 2011, to September 12, 2011, the stock price had risen $6.72 (8%) from $83.81 to $90.53. The stock price saw one of its best stretches over the last year between April 4, 2011 and April 15, 2011 when shares rose for 10 straight trading days, rising 10.9% (+$8.70). It saw one of its worst periods between April 27, 2011 and May 5, 2011 when shares fell for seven straight trading days, falling 6.3% (-$5.74).

Universal Health Services Inc. (NYSE:UHS) stocks are trading at $36.54. This is 86 cents (-2.2%) below the previous close of $37.37, making the company one of the biggest price losers in the sector today. Universal Health Services, Inc. through its subsidiaries is engaged in the business of owning and operating, acute care hospitals, behavioral health centers, surgical hospitals, ambulatory surgery centers and radiation oncology centers.

Stock Price Performance: From July 14, 2011, to September 9, 2011, the stock price had fallen $14.39 (-27.6%) from $52.23 to $37.84. The stock price saw one of its best stretches over the last year between April 18, 2011 and April 28, 2011 when shares rose for eight straight trading days, rising 18.8% (+$8.64). It saw one of its worst periods between July 26, 2011 and August 8, 2011 when shares fell for 10 straight trading days, falling 29.9% (-$15.70).

Pharmaceutical Product Development, Inc. (NASDAQ:PPDI) is among the price losers in the sector. Its shares are trading at $28.84, which is 70 cents (-2.3%) below the previous close of $29.51. Pharmaceutical Product Development, Inc. is a global contract research organization, which provides drug discovery and development services, post-approval expertise and compound partnering programs.

Stock Price Performance: From August 11, 2011, to September 9, 2011, the stock price had risen $5.09 (19.7%) from $25.83 to $30.92. The stock price saw one of its best stretches over the last year between December 7, 2010 and December 16, 2010 when shares rose for eight straight trading days, rising 7.5% (+$1.86). It saw one of its worst periods between March 9, 2011 and March 18, 2011 when shares fell for eight straight trading days, falling 5.5% (-$1.58).

Patterson Companies Inc. (NASDAQ:PDCO) is among the price losers in the sector as its stock price is $27.02, down 15 cents (-0.5%) from the previous close of $27.17. Patterson Companies distributes dental, companion-pet veterinarian and rehabilitation supplies.

Stock Price Performance: From July 15, 2011, to September 12, 2011, the stock price had fallen $5.64 (-17.2%) from $32.81 to $27.17. The stock price saw one of its best stretches over the last year between March 25, 2011 and April 7, 2011 when shares rose for 10 straight trading days, rising 6.1% (+$1.92). It saw one of its worst periods between May 19, 2011 and June 8, 2011 when shares fell for 14 straight trading days, falling 13.8% (-$5.06).