Balyasny Asset Management LLC reduced its stake in Universal Health Services, Inc. (NYSE:UHS) by 49.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 62,555 shares of the health services provider’s stock after selling 61,072 shares during the quarter. Balyasny Asset Management LLC owned about 0.07% of Universal Health Services worth $7,637,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its holdings in Universal Health Services by 2.2% in the 2nd quarter. Vanguard Group Inc. now owns 8,969,365 shares of the health services provider’s stock valued at $1,094,982,000 after acquiring an additional 191,666 shares during the period. BlackRock Inc. raised its holdings in 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 valued at $812,583,000 after acquiring an additional 29,943 shares during the period. FMR LLC raised its holdings in Universal Health Services by 4.6% in the 2nd quarter. FMR LLC now owns 4,623,099 shares of the health services provider’s stock valued at $564,387,000 after acquiring an additional 204,558 shares during the period. State Street Corp raised its holdings in Universal Health Services by 4.8% in the 1st quarter. State Street Corp now owns 4,124,375 shares of the health services provider’s stock valued at $513,281,000 after acquiring an additional 190,047 shares during the period. Finally, Jana Partners LLC raised its holdings in Universal Health Services by 19.3% in the 1st quarter. Jana Partners LLC now owns 2,449,017 shares of the health services provider’s stock valued at $304,780,000 after acquiring an additional 397,047 shares during the period. 85.10% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Universal Health Services, Inc. (NYSE UHS) opened at 110.14 on Friday. The company’s 50 day moving average is $109.51 and its 200 day moving average is $116.17. The firm has a market cap of $10.54 billion, a price-to-earnings ratio of 14.97 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 issued its quarterly earnings data on Tuesday, July 25th. The health services provider reported $1.94 EPS for the quarter, missing the consensus estimate of $2.06 by ($0.12). The firm had revenue of $2.61 billion for the quarter, compared to analysts’ expectations of $2.64 billion. Universal Health Services had a net margin of 7.10% and a return on equity of 15.49%. Universal Health Services’s revenue was up 7.5% on a year-over-year basis. During the same period in the prior year, the firm posted $1.94 EPS. Analysts anticipate that Universal Health Services, Inc. will post $7.73 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 15th. Investors of record on Friday, September 1st were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, August 30th. This represents a $0.40 annualized dividend and a yield of 0.36%. Universal Health Services’s dividend payout ratio is currently 5.44%.

COPYRIGHT VIOLATION WARNING: “Universal Health Services, Inc. (UHS) Shares Sold by Balyasny Asset Management LLC” was first posted by Watch List News and is the sole property of of Watch List News. If you are viewing this article on another site, it was copied illegally and reposted in violation of United States & international trademark and copyright law. The correct version of this article can be read at https://www.watchlistnews.com/universal-health-services-inc-uhs-shares-sold-by-balyasny-asset-management-llc/1617533.html.

Several research firms have weighed in on UHS. Leerink Swann increased their price target on shares of Universal Health Services from $130.00 to $132.00 and gave the company an “outperform” rating in a report on Friday, September 22nd. Morgan Stanley lowered their price target on shares of Universal Health Services from $120.00 to $114.00 and set an “equal weight” rating on the stock in a report on Thursday, August 17th. Zacks Investment Research raised shares of Universal Health Services from a “sell” rating to a “hold” rating in a report on Tuesday, August 8th. Royal Bank Of Canada reissued a “buy” rating and issued a $147.00 price target on shares of Universal Health Services in a report on Tuesday, October 3rd. Finally, KeyCorp restated a “buy” rating and set a $127.00 target price on shares of Universal Health Services in a research report on Thursday, September 7th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $134.33.

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.

Want to see what other hedge funds are holding UHS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Universal Health Services, Inc. (NYSE:UHS).

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

Receive News & Ratings for Universal Health Services Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Universal Health Services Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.