PensionDanmark Pensionsforsikringsaktieselskab Reduces Stake in Universal Health Services, Inc. $UHS

PensionDanmark Pensionsforsikringsaktieselskab reduced its holdings in Universal Health Services, Inc. (NYSE:UHS) by 45.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,586 shares of the health services provider’s stock after selling 4,735 shares during the quarter. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in Universal Health Services were worth $831,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in UHS. CX Institutional raised its stake in Universal Health Services by 48.6% in the second quarter. CX Institutional now owns 1,682 shares of the health services provider’s stock worth $250,000 after buying an additional 550 shares in the last quarter. Redwood Investment Management LLC boosted its stake in Universal Health Services by 16.4% in the 1st quarter. Redwood Investment Management LLC now owns 5,786 shares of the health services provider’s stock worth $1,036,000 after purchasing an additional 815 shares in the last quarter. Parallel Advisors LLC grew its holdings in shares of Universal Health Services by 7.5% during the first quarter. Parallel Advisors LLC now owns 2,201 shares of the health services provider’s stock valued at $394,000 after buying an additional 153 shares during the last quarter. NewEdge Advisors LLC boosted its stake in Universal Health Services by 38.8% during the 1st quarter. NewEdge Advisors LLC now owns 4,275 shares of the health services provider’s stock valued at $765,000 after purchasing an additional 1,195 shares during the last quarter. Finally, Glenmede Trust Co. NA increased its holdings in shares of Universal Health Services by 742.5% in the 1st quarter. Glenmede Trust Co. NA now owns 12,696 shares of the health services provider’s stock worth $2,272,000 after purchasing an additional 11,189 shares in the last quarter. 86.05% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have recently weighed in on UHS. Stephens decreased their price target on Universal Health Services from $235.00 to $205.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 29th. TD Cowen dropped their price objective on Universal Health Services from $230.00 to $197.00 and set a “buy” rating on the stock in a research report on Monday, June 22nd. Raymond James Financial downgraded Universal Health Services from an “outperform” rating to a “market perform” rating in a report on Wednesday, April 29th. Weiss Ratings lowered Universal Health Services from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, July 14th. Finally, Royal Bank Of Canada lowered their target price on shares of Universal Health Services from $190.00 to $183.00 and set a “sector perform” rating on the stock in a research note on Monday, August 3rd. Five investment analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. According to data from MarketBeat, Universal Health Services presently has an average rating of “Hold” and an average price target of $204.93.

Universal Health Services Price Performance

NYSE UHS opened at $172.74 on Tuesday. The company has a current ratio of 1.12, a quick ratio of 1.04 and a debt-to-equity ratio of 0.54. Universal Health Services, Inc. has a 12 month low of $140.08 and a 12 month high of $246.32. The company’s 50 day moving average is $153.02 and its two-hundred day moving average is $176.68. The stock has a market cap of $10.46 billion, a price-to-earnings ratio of 7.04, a PEG ratio of 0.95 and a beta of 1.05.

Universal Health Services (NYSE:UHS) last issued its earnings results on Tuesday, July 28th. The health services provider reported $5.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.94 by $0.04. The company had revenue of $4.64 billion for the quarter, compared to the consensus estimate of $4.58 billion. Universal Health Services had a return on equity of 19.39% and a net margin of 8.42%.The firm’s quarterly revenue was up 8.3% on a year-over-year basis. During the same quarter last year, the company earned $5.35 EPS. As a group, research analysts anticipate that Universal Health Services, Inc. will post 23.15 earnings per share for the current year.

Universal Health Services Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be paid a $0.20 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $0.80 dividend on an annualized basis and a yield of 0.5%. Universal Health Services’s payout ratio is presently 3.26%.

Universal Health Services Company Profile

Universal Health Services, Inc (NYSE: UHS) is one of the largest diversified health care management companies in the United States, offering a broad spectrum of services through its acute care hospital and behavioral health segments. The company operates general acute care hospitals, surgical hospitals and ambulatory centers, as well as inpatient and outpatient behavioral health facilities. Its network provides emergency and specialized medicine, diagnostic imaging, laboratory services, advanced surgical care and rehabilitation, complemented by a comprehensive array of behavioral services including psychiatric treatment, addiction programs and developmental disabilities care.

In the acute care segment, UHS’s facilities deliver services ranging from emergency department treatment and intensive care to maternity care and outpatient surgery.