IFM Investors Pty Ltd increased its holdings in Universal Health Services, Inc. (NYSE:UHS – Free Report) by 10.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,727 shares of the health services provider’s stock after buying an additional 1,145 shares during the period. IFM Investors Pty Ltd’s holdings in Universal Health Services were worth $2,124,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. SG Americas Securities LLC bought a new position in Universal Health Services in the first quarter valued at about $1,141,000. Brown Advisory Inc. boosted its position in Universal Health Services by 5.4% during the first quarter. Brown Advisory Inc. now owns 5,152 shares of the health services provider’s stock valued at $968,000 after acquiring an additional 264 shares during the last quarter. CX Institutional bought a new stake in Universal Health Services during the first quarter valued at $74,000. Envestnet Asset Management Inc. raised its holdings in shares of Universal Health Services by 20.0% during the first quarter. Envestnet Asset Management Inc. now owns 80,408 shares of the health services provider’s stock valued at $15,109,000 after purchasing an additional 13,413 shares during the period. Finally, Cresset Asset Management LLC acquired a new stake in shares of Universal Health Services in the 1st quarter valued at about $265,000. 86.05% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several analysts have recently commented on UHS shares. UBS Group set a $227.00 target price on Universal Health Services in a research note on Wednesday, July 30th. Wall Street Zen downgraded shares of Universal Health Services from a “strong-buy” rating to a “buy” rating in a report on Saturday, September 13th. Barclays decreased their price target on shares of Universal Health Services from $259.00 to $250.00 and set an “overweight” rating for the company in a research note on Thursday, September 18th. JPMorgan Chase & Co. lowered their target price on shares of Universal Health Services from $215.00 to $195.00 and set a “neutral” rating on the stock in a report on Monday, August 4th. Finally, Bank of America cut Universal Health Services from a “neutral” rating to an “underperform” rating and reduced their price target for the company from $215.00 to $185.00 in a research report on Wednesday, July 16th. Four equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $214.08.
Universal Health Services Stock Performance
Shares of NYSE:UHS opened at $194.19 on Tuesday. The company has a current ratio of 1.29, a quick ratio of 1.19 and a debt-to-equity ratio of 0.64. Universal Health Services, Inc. has a 12 month low of $152.33 and a 12 month high of $243.25. The company has a 50-day moving average price of $176.92 and a 200-day moving average price of $179.19. The company has a market cap of $12.36 billion, a price-to-earnings ratio of 10.23, a price-to-earnings-growth ratio of 0.78 and a beta of 1.28.
Universal Health Services (NYSE:UHS – Get Free Report) last announced its earnings results on Monday, July 28th. The health services provider reported $5.35 earnings per share for the quarter, beating analysts’ consensus estimates of $4.85 by $0.50. Universal Health Services had a net margin of 7.66% and a return on equity of 18.25%. The business had revenue of $4.28 billion during the quarter, compared to the consensus estimate of $4.24 billion. During the same quarter last year, the firm earned $4.31 earnings per share. The business’s revenue for the quarter was up 9.6% on a year-over-year basis. Universal Health Services has set its FY 2025 guidance at 20.000-21.000 EPS. As a group, equities analysts anticipate that Universal Health Services, Inc. will post 15.92 EPS for the current year.
Universal Health Services Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd were paid a $0.20 dividend. The ex-dividend date was Tuesday, September 2nd. This represents a $0.80 dividend on an annualized basis and a yield of 0.4%. Universal Health Services’s payout ratio is presently 4.21%.
About Universal Health Services
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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