Wealth Enhancement Advisory Services LLC boosted its stake in Universal Health Services, Inc. (NYSE:UHS – Free Report) by 16.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,029 shares of the health services provider’s stock after purchasing an additional 1,430 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Universal Health Services were worth $1,851,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in UHS. Wellington Management Group LLP increased its holdings in Universal Health Services by 73.3% in the 4th quarter. Wellington Management Group LLP now owns 23,049 shares of the health services provider’s stock valued at $4,135,000 after purchasing an additional 9,747 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of Universal Health Services by 16,935.6% during the first quarter. GAMMA Investing LLC now owns 138,670 shares of the health services provider’s stock worth $26,056,000 after purchasing an additional 137,856 shares during the last quarter. Parallel Advisors LLC lifted its position in shares of Universal Health Services by 25.5% during the first quarter. Parallel Advisors LLC now owns 1,911 shares of the health services provider’s stock worth $359,000 after purchasing an additional 388 shares during the last quarter. Rhumbline Advisers raised its stake in Universal Health Services by 35.3% during the first quarter. Rhumbline Advisers now owns 133,140 shares of the health services provider’s stock worth $25,017,000 after acquiring an additional 34,762 shares during the period. Finally, Czech National Bank raised its stake in Universal Health Services by 5.9% during the first quarter. Czech National Bank now owns 13,485 shares of the health services provider’s stock worth $2,534,000 after acquiring an additional 754 shares during the period. 86.05% of the stock is currently owned by institutional investors and hedge funds.
Universal Health Services Stock Performance
NYSE:UHS opened at $200.99 on Monday. The firm has a market capitalization of $12.79 billion, a PE ratio of 10.58, a price-to-earnings-growth ratio of 0.83 and a beta of 1.28. The firm has a 50-day moving average price of $179.04 and a 200 day moving average price of $180.00. The company has a quick ratio of 1.19, a current ratio of 1.29 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 $240.26.
Universal Health Services Announces Dividend
The firm also recently declared 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 dividend on an annualized basis and a dividend yield of 0.4%. Universal Health Services’s dividend payout ratio (DPR) is currently 4.21%.
Analyst Upgrades and Downgrades
Several equities research analysts have commented on the stock. Robert W. Baird dropped their price target on shares of Universal Health Services from $243.00 to $203.00 and set a “neutral” rating on the stock in a research note on Thursday, August 14th. Wall Street Zen lowered shares of Universal Health Services from a “strong-buy” rating to a “buy” rating in a research report on Saturday, September 13th. Bank of America lowered shares of Universal Health Services from a “neutral” rating to an “underperform” rating and decreased their price target for the stock from $215.00 to $185.00 in a research report on Wednesday, July 16th. Royal Bank Of Canada raised their price objective on shares of Universal Health Services from $201.00 to $206.00 and gave the stock a “sector perform” rating in a research note on Tuesday, August 19th. Finally, Wells Fargo & Company decreased their target price on shares of Universal Health Services from $225.00 to $210.00 and set an “overweight” rating for the company in a research note on Thursday, August 14th. Four investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Universal Health Services presently has a consensus rating of “Hold” and a consensus target price of $214.08.
Get Our Latest Stock Analysis 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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