Nicholas Company Inc. lowered its holdings in Universal Health Services, Inc. (NYSE:UHS) by 89.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,600 shares of the health services provider’s stock after selling 65,365 shares during the quarter. Nicholas Company Inc.’s holdings in Universal Health Services were worth $927,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also bought and sold shares of UHS. Profund Advisors LLC increased its stake in Universal Health Services by 11.3% in the first quarter. Profund Advisors LLC now owns 3,479 shares of the health services provider’s stock valued at $433,000 after acquiring an additional 354 shares during the period. Commerzbank Aktiengesellschaft FI bought a new stake in Universal Health Services during the first quarter worth about $205,000. LS Investment Advisors LLC grew its stake in Universal Health Services by 10.1% during the first quarter. LS Investment Advisors LLC now owns 2,514 shares of the health services provider’s stock worth $313,000 after buying an additional 230 shares during the last quarter. UBS Asset Management Americas Inc. grew its stake in Universal Health Services by 8.5% during the first quarter. UBS Asset Management Americas Inc. now owns 229,782 shares of the health services provider’s stock worth $28,596,000 after buying an additional 17,984 shares during the last quarter. Finally, Karp Capital Management Corp bought a new stake in Universal Health Services during the first quarter worth about $3,766,000. 85.10% of the stock is currently owned by institutional investors and hedge funds.
UHS has been the topic of several research analyst reports. BidaskClub cut shares of Universal Health Services from a “hold” rating to a “sell” rating in a research note on Tuesday, August 1st. Morgan Stanley decreased their price objective on shares of Universal Health Services from $120.00 to $114.00 and set an “equal weight” rating on the stock in a research note on Thursday, August 17th. Zacks Investment Research raised shares of Universal Health Services from a “sell” rating to a “hold” rating in a research note on Tuesday, August 8th. TheStreet cut shares of Universal Health Services from a “b” rating to a “c+” rating in a research note on Monday, August 21st. Finally, Royal Bank Of Canada reaffirmed a “buy” rating and set a $147.00 price objective on shares of Universal Health Services in a research note on Tuesday, August 29th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and six have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $134.55.
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Universal Health Services, Inc. (NYSE:UHS) opened at 108.92 on Tuesday. The firm has a market capitalization of $10.42 billion, a price-to-earnings ratio of 14.81 and a beta of 1.07. The company has a 50-day moving average of $108.76 and a 200 day moving average of $117.25. Universal Health Services, Inc. has a one year low of $99.72 and a one year high of $129.74.
Universal Health Services (NYSE:UHS) last posted its earnings results on Tuesday, July 25th. The health services provider reported $1.94 earnings per share for the quarter, missing the Zacks’ consensus estimate of $2.06 by ($0.12). Universal Health Services had a return on equity of 15.49% and a net margin of 7.10%. The business had revenue of $2.61 billion for the quarter, compared to the consensus estimate of $2.64 billion. During the same period in the previous year, the firm earned $1.94 earnings per share. The company’s revenue was up 7.5% compared to the same quarter last year. On average, analysts anticipate that Universal Health Services, Inc. will post $7.73 EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Friday, September 15th. Shareholders of record on Friday, September 1st were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.37%. The ex-dividend date of this dividend was Wednesday, August 30th. Universal Health Services’s payout ratio is 5.44%.
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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