GAMMA Investing LLC increased its stake in shares of Universal Health Services, Inc. (NYSE:UHS – Free Report) by 23.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 913 shares of the health services provider’s stock after purchasing an additional 175 shares during the quarter. GAMMA Investing LLC’s holdings in Universal Health Services were worth $165,000 as of its most recent SEC filing.
Several other hedge funds have also recently modified their holdings of UHS. Zions Bancorporation National Association UT acquired a new stake in shares of Universal Health Services during the first quarter worth $30,000. Sentry Investment Management LLC acquired a new stake in shares of Universal Health Services during the first quarter worth $35,000. UMB Bank n.a. lifted its holdings in shares of Universal Health Services by 49.3% during the first quarter. UMB Bank n.a. now owns 203 shares of the health services provider’s stock worth $38,000 after purchasing an additional 67 shares during the period. Federated Hermes Inc. lifted its holdings in shares of Universal Health Services by 89.7% during the first quarter. Federated Hermes Inc. now owns 258 shares of the health services provider’s stock worth $48,000 after purchasing an additional 122 shares during the period. Finally, Farther Finance Advisors LLC lifted its holdings in shares of Universal Health Services by 22.9% during the second quarter. Farther Finance Advisors LLC now owns 354 shares of the health services provider’s stock worth $64,000 after purchasing an additional 66 shares during the period. 86.05% of the stock is owned by institutional investors and hedge funds.
Universal Health Services Trading Up 0.2%
Shares of UHS stock opened at $201.21 on Tuesday. Universal Health Services, Inc. has a fifty-two week low of $152.33 and a fifty-two week high of $240.26. The stock has a market cap of $12.80 billion, a P/E ratio of 10.60, a P/E/G ratio of 0.83 and a beta of 1.28. The business has a fifty day simple moving average of $179.69 and a 200-day simple moving average of $180.24. 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 Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were given a $0.20 dividend. The ex-dividend date 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%.
Wall Street Analyst Weigh In
Several equities research analysts recently weighed in on UHS shares. Robert W. Baird decreased their price target on Universal Health Services from $243.00 to $203.00 and set a “neutral” rating for the company in a report on Thursday, August 14th. Wells Fargo & Company cut their price objective on Universal Health Services from $225.00 to $210.00 and set an “overweight” rating for the company in a research report on Thursday, August 14th. Stephens upgraded Universal Health Services to a “hold” rating in a research report on Monday, June 2nd. JPMorgan Chase & Co. cut their price objective on Universal Health Services from $215.00 to $195.00 and set a “neutral” rating for the company in a research report on Monday, August 4th. Finally, Cantor Fitzgerald reiterated a “neutral” rating and issued a $227.00 price objective on shares of Universal Health Services in a research report on Tuesday, August 26th. Four research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $214.08.
Get Our Latest Stock Analysis on UHS
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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