Universal Health Services, Inc. (UHS) Shares Bought by Profund Advisors LLC
Profund Advisors LLC grew its position in Universal Health Services, Inc. (NYSE:UHS) by 5.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,672 shares of the health services provider’s stock after acquiring an additional 193 shares during the period. Profund Advisors LLC’s holdings in Universal Health Services were worth $448,000 at the end of the most recent reporting period.
Other large investors have also recently bought and sold shares of the company. Creative Planning boosted its holdings in shares of Universal Health Services by 2.4% in the 2nd quarter. Creative Planning now owns 1,152 shares of the health services provider’s stock worth $141,000 after acquiring an additional 27 shares in the last quarter. Grove Bank & Trust increased its holdings in Universal Health Services by 262.4% during the 2nd quarter. Grove Bank & Trust now owns 1,196 shares of the health services provider’s stock valued at $146,000 after purchasing an additional 866 shares in the last quarter. First Mercantile Trust Co. acquired a new stake in Universal Health Services during the 2nd quarter valued at $150,000. Seven Bridges Advisors LLC acquired a new stake in Universal Health Services during the 2nd quarter valued at $158,000. Finally, Stratos Wealth Partners LTD. increased its holdings in Universal Health Services by 1.3% during the 2nd quarter. Stratos Wealth Partners LTD. now owns 1,644 shares of the health services provider’s stock valued at $201,000 after purchasing an additional 21 shares in the last quarter. Institutional investors own 85.10% of the company’s stock.
A number of equities analysts have commented on UHS shares. Royal Bank Of Canada reissued a “buy” rating and issued a $147.00 price objective on shares of Universal Health Services in a research note on Tuesday, August 29th. Zacks Investment Research upgraded Universal Health Services from a “hold” rating to a “buy” rating and set a $137.00 target price for the company in a research note on Tuesday, July 4th. KeyCorp restated a “buy” rating and issued a $127.00 target price on shares of Universal Health Services in a research note on Thursday, September 7th. Citigroup Inc. cut their price target on Universal Health Services from $131.00 to $126.00 and set a “neutral” rating for the company in a report on Wednesday, July 26th. Finally, Leerink Swann lifted their price target on Universal Health Services from $130.00 to $132.00 and gave the company an “outperform” rating in a report on Friday, September 22nd. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have given a buy rating to the stock. Universal Health Services presently has an average rating of “Hold” and a consensus target price of $134.33.
Universal Health Services, Inc. (NYSE UHS) opened at 112.23 on Tuesday. The firm has a 50-day moving average of $109.16 and a 200-day moving average of $116.28. The company has a market capitalization of $10.74 billion, a PE ratio of 15.26 and a beta of 1.03. Universal Health Services, Inc. has a 52 week low of $99.72 and a 52 week high of $129.74.
Universal Health Services (NYSE:UHS) last announced its earnings results on Tuesday, July 25th. The health services provider reported $1.94 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $2.06 by ($0.12). Universal Health Services had a net margin of 7.10% and a return on equity of 15.49%. The company had revenue of $2.61 billion during the quarter, compared to the consensus estimate of $2.64 billion. During the same quarter in the previous year, the company earned $1.94 earnings per share. The business’s revenue was up 7.5% on a year-over-year basis. Equities analysts expect that Universal Health Services, Inc. will post $7.73 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Friday, September 15th. Shareholders of record on Friday, September 1st were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.36%. The ex-dividend date was Wednesday, August 30th. Universal Health Services’s payout ratio is 5.44%.
About Universal Health Services
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.
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