KBC Group NV increased its stake in shares of Universal Health Services, Inc. (NYSE:UHS) by 3.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 43,667 shares of the health services provider’s stock after acquiring an additional 1,257 shares during the quarter. KBC Group NV’s holdings in Universal Health Services were worth $4,844,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. raised its stake in Universal Health Services by 2.2% during the second quarter. Vanguard Group Inc. now owns 8,969,365 shares of the health services provider’s stock valued at $1,094,982,000 after buying an additional 191,666 shares during the last quarter. BlackRock Inc. increased its holdings in shares of Universal Health Services by 0.5% in the 2nd quarter. BlackRock Inc. now owns 6,656,148 shares of the health services provider’s stock worth $812,583,000 after purchasing an additional 29,943 shares in the last quarter. Maverick Capital Ltd. grew its holdings in shares of Universal Health Services by 9.6% in the second quarter. Maverick Capital Ltd. now owns 5,426,487 shares of the health services provider’s stock worth $662,466,000 after acquiring an additional 473,763 shares during the period. FMR LLC grew its holdings in shares of Universal Health Services by 4.6% in the second quarter. FMR LLC now owns 4,623,099 shares of the health services provider’s stock worth $564,387,000 after acquiring an additional 204,558 shares during the period. Finally, Janus Henderson Group PLC grew its holdings in shares of Universal Health Services by 18,950.9% in the second quarter. Janus Henderson Group PLC now owns 2,260,197 shares of the health services provider’s stock worth $275,926,000 after acquiring an additional 2,248,333 shares during the period. Institutional investors and hedge funds own 86.13% of the company’s stock.

Universal Health Services, Inc. (NYSE:UHS) traded up $1.71 on Thursday, hitting $107.66. The stock had a trading volume of 1,113,200 shares, compared to its average volume of 789,411. The company has a market capitalization of $10,055.61, a PE ratio of 14.16, a price-to-earnings-growth ratio of 2.41 and a beta of 0.97. Universal Health Services, Inc. has a 1 year low of $95.26 and a 1 year high of $129.74. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.16 and a current ratio of 1.26.

Universal Health Services (NYSE:UHS) last released its earnings results on Wednesday, October 25th. The health services provider reported $1.49 EPS for the quarter, missing analysts’ consensus estimates of $1.76 by ($0.27). Universal Health Services had a net margin of 6.90% and a return on equity of 15.13%. The business had revenue of $2.51 billion for the quarter, compared to the consensus estimate of $2.60 billion. During the same period in the prior year, the company posted $1.60 EPS. The company’s quarterly revenue was up 4.4% compared to the same quarter last year. sell-side analysts expect that Universal Health Services, Inc. will post 7.36 EPS for the current year.

Universal Health Services announced that its Board of Directors has approved a stock repurchase plan on Wednesday, November 15th that allows the company to buyback $400.00 million in shares. This buyback authorization allows the health services provider to buy shares of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s management believes its stock is undervalued.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 1st will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, November 30th. This represents a $0.40 dividend on an annualized basis and a yield of 0.37%. Universal Health Services’s dividend payout ratio is currently 5.49%.

Several equities analysts recently weighed in on UHS shares. Morgan Stanley lowered their target price on Universal Health Services from $120.00 to $114.00 and set an “equal weight” rating on the stock in a research report on Thursday, August 17th. Royal Bank Of Canada reiterated a “buy” rating and set a $126.00 target price on shares of Universal Health Services in a research report on Friday, October 27th. Leerink Swann lifted their target price on Universal Health Services from $130.00 to $132.00 and gave the company an “outperform” rating in a research report on Friday, September 22nd. Citigroup lowered their target price on Universal Health Services from $126.00 to $114.00 and set a “neutral” rating on the stock in a research report on Friday, October 27th. Finally, TheStreet downgraded Universal Health Services from a “b” rating to a “c+” rating in a research report on Monday, August 21st. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and ten have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $126.31.

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Universal Health Services Profile

Universal Health Services, Inc is a holding company. The Company’s principal business is owning and operating, through its subsidiaries, acute care hospitals and outpatient facilities, and behavioral healthcare facilities. The Company’s segments include Acute Care Hospital Services, Behavioral Health Services and Other.

Institutional Ownership by Quarter for Universal Health Services (NYSE:UHS)

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