Public Employees Retirement Association of Colorado Increases Stake in Universal Health Services, Inc. (NYSE:UHS)

Public Employees Retirement Association of Colorado increased its position in Universal Health Services, Inc. (NYSE:UHS) by 0.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 17,687 shares of the health services provider’s stock after buying an additional 14 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Universal Health Services were worth $2,159,000 as of its most recent filing with the SEC.

Other institutional investors also recently added to or reduced their stakes in the company. Creative Planning boosted its position in Universal Health Services by 1.5% in the first quarter. Creative Planning now owns 1,125 shares of the health services provider’s stock worth $140,000 after buying an additional 17 shares in the last quarter. Intrust Bank NA acquired a new stake in shares of Universal Health Services during the first quarter worth $202,000. Stratos Wealth Partners LTD. acquired a new stake in shares of Universal Health Services during the first quarter worth $202,000. Commerzbank Aktiengesellschaft FI acquired a new stake in shares of Universal Health Services during the first quarter worth $205,000. Finally, Conning Inc. acquired a new stake in shares of Universal Health Services during the first quarter worth $209,000. 86.11% of the stock is owned by institutional investors and hedge funds.

Shares of Universal Health Services, Inc. (UHS) opened at 106.85 on Thursday. The company’s 50-day moving average is $117.51 and its 200-day moving average is $119.07. The company has a market capitalization of $10.28 billion, a price-to-earnings ratio of 14.53 and a beta of 1.06. Universal Health Services, Inc. has a 12-month low of $99.72 and a 12-month high of $129.74.

Universal Health Services (NYSE:UHS) last released its quarterly earnings data on Tuesday, July 25th. The health services provider reported $1.94 earnings per share for the quarter, missing the consensus estimate of $2.06 by $0.12. The firm had revenue of $2.61 billion during the quarter, compared to the consensus estimate of $2.64 billion. Universal Health Services had a net margin of 7.10% and a return on equity of 15.49%. The business’s revenue was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.94 earnings per share. Analysts predict that Universal Health Services, Inc. will post $7.72 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Friday, September 1st will be issued a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, August 30th. This represents a $0.40 annualized dividend and a dividend yield of 0.37%. Universal Health Services’s payout ratio is currently 5.44%.

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A number of equities research analysts have recently weighed in on UHS shares. Piper Jaffray Companies restated an “overweight” rating and issued a $147.00 price objective on shares of Universal Health Services in a report on Monday, April 17th. Zacks Investment Research upgraded shares of Universal Health Services from a “hold” rating to a “buy” rating and set a $137.00 price objective for the company in a report on Tuesday, July 4th. Royal Bank Of Canada lowered their price objective on shares of Universal Health Services from $157.00 to $153.00 and set an “outperform” rating for the company in a report on Thursday, April 27th. BidaskClub lowered shares of Universal Health Services from a “sell” rating to a “strong sell” rating in a report on Friday, June 9th. Finally, Morgan Stanley started coverage on shares of Universal Health Services in a report on Tuesday, June 6th. They issued an “equal weight” rating and a $124.00 price objective for the company. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and five have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $136.90.

Universal Health Services Company 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.

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

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