Mather Group LLC. reduced its stake in shares of Universal Health Services, Inc. (NYSE:UHS – Free Report) by 25.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 187 shares of the health services provider’s stock after selling 63 shares during the quarter. Mather Group LLC.’s holdings in Universal Health Services were worth $35,000 as of its most recent filing with the SEC.
Other institutional investors have also made changes to their positions in the company. Sentry Investment Management LLC acquired a new stake in shares of Universal Health Services during the first quarter worth approximately $35,000. UMB Bank n.a. grew its position in Universal Health Services by 49.3% in the first quarter. UMB Bank n.a. now owns 203 shares of the health services provider’s stock worth $38,000 after acquiring an additional 67 shares in the last quarter. Campbell Capital Management Inc. bought a new stake in Universal Health Services in the fourth quarter worth approximately $46,000. Huntington National Bank grew its position in Universal Health Services by 55.6% in the fourth quarter. Huntington National Bank now owns 280 shares of the health services provider’s stock worth $50,000 after acquiring an additional 100 shares in the last quarter. Finally, CX Institutional bought a new stake in Universal Health Services in the first quarter worth approximately $74,000. 86.05% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of analysts have recently weighed in on UHS shares. Morgan Stanley started coverage on shares of Universal Health Services in a research note on Wednesday, March 26th. They issued an “equal weight” rating and a $200.00 price objective for the company. Robert W. Baird restated a “neutral” rating and issued a $224.00 price objective (down from $274.00) on shares of Universal Health Services in a research note on Tuesday, April 15th. Baird R W cut shares of Universal Health Services from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 15th. Stephens upgraded shares of Universal Health Services to a “hold” rating in a research note on Monday, June 2nd. Finally, Wells Fargo & Company cut their target price on shares of Universal Health Services from $230.00 to $225.00 and set an “overweight” rating for the company in a research note on Monday, March 10th. Nine investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, Universal Health Services currently has a consensus rating of “Hold” and an average target price of $224.77.
Universal Health Services Trading Up 6.0%
Shares of UHS stock opened at $195.59 on Monday. Universal Health Services, Inc. has a 52-week low of $153.99 and a 52-week high of $243.25. The stock has a market cap of $12.71 billion, a price-to-earnings ratio of 10.98, a P/E/G ratio of 0.75 and a beta of 1.28. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.23 and a current ratio of 1.32. The firm has a fifty day moving average of $183.15 and a 200-day moving average of $181.53.
Universal Health Services (NYSE:UHS – Get Free Report) last announced its quarterly earnings data on Monday, April 28th. The health services provider reported $4.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.36 by $0.48. Universal Health Services had a net margin of 7.44% and a return on equity of 17.79%. The company had revenue of $4.10 billion during the quarter, compared to analysts’ expectations of $4.16 billion. During the same quarter in the prior year, the company posted $3.70 EPS. The business’s revenue was up 6.7% on a year-over-year basis. On average, equities research analysts forecast that Universal Health Services, Inc. will post 15.92 earnings per share for the current fiscal year.
Universal Health Services Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 16th. Stockholders of record on Monday, June 2nd were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.41%. The ex-dividend date was Monday, June 2nd. Universal Health Services’s dividend payout ratio is 4.49%.
Insider Activity
In other news, Director Maria Ruderman Singer sold 1,097 shares of the stock in a transaction on Wednesday, May 14th. The shares were sold at an average price of $191.48, for a total value of $210,053.56. Following the completion of the transaction, the director owned 7,884 shares in the company, valued at approximately $1,509,628.32. This represents a 12.21% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 16.40% of the company’s stock.
Universal Health Services Profile
Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities. It operates through Acute Care Hospital Services and Behavioral Health Care Services segments. The company's hospitals offer general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic and coronary care, pediatric services, pharmacy services, and/or behavioral health services.
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