Dynamic Technology Lab Private Ltd acquired a new position in shares of Universal Health Services, Inc. (NYSE:UHS – Free Report) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 2,490 shares of the health services provider’s stock, valued at approximately $468,000.
A number of other institutional investors and hedge funds have also made changes to their positions in the business. Zions Bancorporation National Association UT purchased a new position in shares of Universal Health Services during the first quarter worth about $30,000. Sentry Investment Management LLC acquired a new stake in Universal Health Services during the 1st quarter worth approximately $35,000. UMB Bank n.a. grew its stake in shares of Universal Health Services by 49.3% in the 1st quarter. UMB Bank n.a. now owns 203 shares of the health services provider’s stock valued at $38,000 after purchasing an additional 67 shares during the last quarter. Federated Hermes Inc. grew its stake in shares of Universal Health Services by 89.7% in the 1st quarter. Federated Hermes Inc. now owns 258 shares of the health services provider’s stock valued at $48,000 after purchasing an additional 122 shares during the last quarter. Finally, CX Institutional acquired a new position in shares of Universal Health Services in the first quarter valued at approximately $74,000. 86.05% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several equities research analysts recently weighed in on the company. JPMorgan Chase & Co. decreased their price target on Universal Health Services from $215.00 to $195.00 and set a “neutral” rating for the company in a report on Monday, August 4th. Wall Street Zen upgraded shares of Universal Health Services from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 23rd. Robert W. Baird lowered their target price on shares of Universal Health Services from $243.00 to $203.00 and set a “neutral” rating on the stock in a report on Thursday, August 14th. Royal Bank Of Canada increased their price target on shares of Universal Health Services from $201.00 to $206.00 and gave the stock a “sector perform” rating in a report on Tuesday, August 19th. Finally, Bank of America lowered Universal Health Services from a “neutral” rating to an “underperform” rating and lowered their price objective for the company from $215.00 to $185.00 in a report on Wednesday, July 16th. Four research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Universal Health Services currently has an average rating of “Hold” and an average target price of $214.77.
Universal Health Services Stock Performance
Shares of UHS opened at $186.08 on Thursday. The company has a quick ratio of 1.19, a current ratio of 1.29 and a debt-to-equity ratio of 0.64. Universal Health Services, Inc. has a 52-week low of $152.33 and a 52-week high of $243.25. The company has a 50-day simple moving average of $176.34 and a 200-day simple moving average of $178.56. The company has a market capitalization of $11.84 billion, a PE ratio of 9.80, a P/E/G ratio of 0.77 and a beta of 1.28.
Universal Health Services (NYSE:UHS – Get Free Report) last released its quarterly earnings data on Monday, July 28th. The health services provider reported $5.35 EPS for the quarter, topping analysts’ consensus estimates of $4.85 by $0.50. Universal Health Services had a net margin of 7.66% and a return on equity of 18.25%. The firm had revenue of $4.28 billion for the quarter, compared to the consensus estimate of $4.24 billion. During the same quarter in the previous year, the firm earned $4.31 earnings per share. The firm’s revenue was up 9.6% on a year-over-year basis. Universal Health Services has set its FY 2025 guidance at 20.000-21.000 EPS. Equities research analysts predict that Universal Health Services, Inc. will post 15.92 earnings per share for the current fiscal year.
Universal Health Services Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd will be issued a $0.20 dividend. The ex-dividend date is Tuesday, September 2nd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.4%. Universal Health Services’s dividend payout ratio is currently 4.21%.
About Universal Health Services
Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities. It operates through Acute Care Hospital Services and Behavioral Health Care Services segments. The company's hospitals offer general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic and coronary care, pediatric services, pharmacy services, and/or behavioral health services.
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