Universal Health Services, Inc. Class B (UHS) Stake Boosted by First Trust Advisors LP

First Trust Advisors LP lifted its holdings in Universal Health Services, Inc. Class B (NYSE:UHS) by 20.2% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 339,202 shares of the health services provider’s stock after acquiring an additional 57,050 shares during the period. First Trust Advisors LP owned 0.36% of Universal Health Services, Inc. Class B worth $43,364,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in UHS. Commonwealth Equity Services LLC bought a new position in shares of Universal Health Services, Inc. Class B in the first quarter worth about $413,000. Ladenburg Thalmann Financial Services Inc. boosted its stake in shares of Universal Health Services, Inc. Class B by 25.2% in the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,855 shares of the health services provider’s stock worth $337,000 after acquiring an additional 575 shares during the period. Millennium Management LLC bought a new position in shares of Universal Health Services, Inc. Class B in the first quarter worth about $3,686,000. Royal Bank of Canada boosted its stake in shares of Universal Health Services, Inc. Class B by 24.5% in the first quarter. Royal Bank of Canada now owns 19,754 shares of the health services provider’s stock worth $2,339,000 after acquiring an additional 3,881 shares during the period. Finally, CIBC World Markets Inc. bought a new position in shares of Universal Health Services, Inc. Class B in the first quarter worth about $785,000. 87.98% of the stock is owned by hedge funds and other institutional investors.

A number of equities analysts have recently weighed in on UHS shares. BMO Capital Markets lowered Universal Health Services, Inc. Class B from an “outperform” rating to a “market perform” rating and set a $130.00 price objective for the company. in a research note on Wednesday, August 1st. Citigroup dropped their price objective on Universal Health Services, Inc. Class B from $145.00 to $140.00 and set a “buy” rating for the company in a research note on Monday. TheStreet raised Universal Health Services, Inc. Class B from a “c+” rating to a “b” rating in a research note on Monday, July 23rd. Barclays dropped their price target on Universal Health Services, Inc. Class B from $135.00 to $130.00 and set an “equal weight” rating for the company in a research note on Monday. Finally, Zacks Investment Research raised Universal Health Services, Inc. Class B from a “hold” rating to a “buy” rating and set a $139.00 price target for the company in a research note on Monday, August 6th. Eight analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $136.31.

Shares of Universal Health Services, Inc. Class B stock opened at $120.84 on Wednesday. Universal Health Services, Inc. Class B has a 12 month low of $95.26 and a 12 month high of $132.63. The company has a market cap of $10.79 billion, a P/E ratio of 16.05, a PEG ratio of 1.09 and a beta of 0.83. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.09 and a quick ratio of 1.01.

Universal Health Services, Inc. Class B (NYSE:UHS) last announced its quarterly earnings results on Thursday, October 25th. The health services provider reported $2.23 EPS for the quarter, beating analysts’ consensus estimates of $2.01 by $0.22. Universal Health Services, Inc. Class B had a return on equity of 16.33% and a net margin of 7.89%. The company had revenue of $2.65 billion during the quarter, compared to analyst estimates of $2.68 billion. Research analysts predict that Universal Health Services, Inc. Class B will post 9.49 earnings per share for the current year.

Universal Health Services, Inc. Class B Profile

Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, outpatient facilities, and behavioral health care facilities. The company operates through Acute Care Hospital Services, Behavioral Health Care Services, and Other segments. Its hospital offer general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, coronary care, pediatric services, pharmacy services, and/or behavioral health services.

Further Reading: NASDAQ

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Institutional Ownership by Quarter for Universal Health Services, Inc. Class B (NYSE:UHS)

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