iA Global Asset Management Inc. Has $1.38 Million Stock Position in Universal Health Services, Inc. $UHS

iA Global Asset Management Inc. lowered its stake in Universal Health Services, Inc. (NYSE:UHS) by 42.8% during the second quarter, Holdings Channel.com reports. The fund owned 7,590 shares of the health services provider’s stock after selling 5,673 shares during the period. iA Global Asset Management Inc.’s holdings in Universal Health Services were worth $1,375,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of UHS. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Universal Health Services in the second quarter valued at about $87,373,000. AQR Capital Management LLC increased its position in shares of Universal Health Services by 57.8% in the first quarter. AQR Capital Management LLC now owns 931,355 shares of the health services provider’s stock valued at $173,381,000 after acquiring an additional 340,966 shares during the last quarter. Ameriprise Financial Inc. increased its position in shares of Universal Health Services by 329.4% in the first quarter. Ameriprise Financial Inc. now owns 404,806 shares of the health services provider’s stock valued at $76,081,000 after acquiring an additional 310,531 shares during the last quarter. Nuveen LLC acquired a new stake in shares of Universal Health Services in the first quarter valued at about $25,555,000. Finally, Assenagon Asset Management S.A. increased its position in shares of Universal Health Services by 119.5% in the second quarter. Assenagon Asset Management S.A. now owns 241,164 shares of the health services provider’s stock valued at $43,687,000 after acquiring an additional 131,305 shares during the last quarter. Institutional investors and hedge funds own 86.05% of the company’s stock.

Universal Health Services Trading Up 1.6%

Shares of NYSE:UHS opened at $220.53 on Tuesday. Universal Health Services, Inc. has a 12-month low of $152.33 and a 12-month high of $227.22. The stock has a market cap of $14.03 billion, a PE ratio of 10.48, a P/E/G ratio of 0.80 and a beta of 1.30. The business has a 50 day moving average of $198.62 and a 200-day moving average of $185.30. The company has a quick ratio of 1.19, a current ratio of 1.03 and a debt-to-equity ratio of 0.55.

Universal Health Services (NYSE:UHS) last issued its quarterly earnings data on Monday, October 27th. The health services provider reported $5.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.66 by $1.03. Universal Health Services had a return on equity of 19.47% and a net margin of 8.09%.The company had revenue of $4.50 billion during the quarter, compared to analysts’ expectations of $4.32 billion. During the same quarter in the previous year, the company posted $3.71 earnings per share. The business’s revenue was up 13.4% on a year-over-year basis. Universal Health Services has set its FY 2025 guidance at 21.500-22.100 EPS. As a group, equities research analysts forecast that Universal Health Services, Inc. will post 15.92 earnings per share for the current year.

Analyst Ratings Changes

UHS has been the topic of a number of recent research reports. Wall Street Zen raised Universal Health Services from a “buy” rating to a “strong-buy” rating in a research report on Saturday, October 11th. JPMorgan Chase & Co. reduced 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. Barclays lifted their price target on Universal Health Services from $250.00 to $263.00 and gave the stock an “overweight” rating in a report on Tuesday, October 28th. Wells Fargo & Company lifted their price target on Universal Health Services from $210.00 to $249.00 and gave the stock an “overweight” rating in a report on Tuesday, October 7th. Finally, The Goldman Sachs Group started coverage on Universal Health Services in a report on Tuesday, October 14th. They set a “neutral” rating and a $219.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $233.20.

Insider Activity

In other news, Director Elliot J. Md Mba Sussman sold 965 shares of the business’s stock in a transaction that occurred on Wednesday, October 29th. The stock was sold at an average price of $225.70, for a total transaction of $217,800.50. Following the completion of the sale, the director owned 6,113 shares in the company, valued at $1,379,704.10. The trade was a 13.63% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 16.40% of the stock is currently owned by corporate insiders.

Universal Health Services Profile

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.