Czech National Bank lifted its stake in shares of Universal Health Services, Inc. (NYSE:UHS – Free Report) by 3.7% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 13,979 shares of the health services provider’s stock after buying an additional 494 shares during the quarter. Czech National Bank’s holdings in Universal Health Services were worth $2,532,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also bought and sold shares of the company. SG Americas Securities LLC bought a new stake in shares of Universal Health Services during the 1st quarter worth $1,141,000. Brown Advisory Inc. raised its stake in shares of Universal Health Services by 5.4% during the 1st quarter. Brown Advisory Inc. now owns 5,152 shares of the health services provider’s stock worth $968,000 after purchasing an additional 264 shares during the period. CX Institutional bought a new stake in shares of Universal Health Services during the 1st quarter worth $74,000. Envestnet Asset Management Inc. raised its stake in shares of Universal Health Services by 20.0% during the 1st quarter. Envestnet Asset Management Inc. now owns 80,408 shares of the health services provider’s stock worth $15,109,000 after purchasing an additional 13,413 shares during the period. Finally, Cresset Asset Management LLC bought a new stake in shares of Universal Health Services during the 1st quarter worth $265,000. Institutional investors and hedge funds own 86.05% of the company’s stock.
Universal Health Services Trading Up 0.3%
NYSE UHS opened at $188.63 on Friday. The firm’s 50 day moving average price is $176.70 and its two-hundred day moving average price is $179.00. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.19 and a current ratio of 1.29. Universal Health Services, Inc. has a twelve month low of $152.33 and a twelve month high of $243.25. The stock has a market cap of $12.00 billion, a price-to-earnings ratio of 9.93, a PEG ratio of 0.78 and a beta of 1.28.
Universal Health Services Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were given a dividend of $0.20 per share. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $0.80 annualized dividend and a dividend yield of 0.4%. Universal Health Services’s dividend payout ratio is currently 4.21%.
Wall Street Analyst Weigh In
UHS has been the subject of a number of recent analyst reports. Wells Fargo & Company reduced their target price on Universal Health Services from $225.00 to $210.00 and set an “overweight” rating for the company in a report on Thursday, August 14th. Robert W. Baird dropped their target price on Universal Health Services from $243.00 to $203.00 and set a “neutral” rating for the company in a research report on Thursday, August 14th. Wall Street Zen downgraded Universal Health Services from a “strong-buy” rating to a “buy” rating in a research report on Saturday, September 13th. UBS Group set a $227.00 price target on Universal Health Services in a research note on Wednesday, July 30th. Finally, JPMorgan Chase & Co. lowered their price target on Universal Health Services from $215.00 to $195.00 and set a “neutral” rating on the stock in a report on Monday, August 4th. Four investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Universal Health Services has an average rating of “Hold” and a consensus price target of $214.08.
Check Out Our Latest Report on Universal Health Services
Universal Health Services Company 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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