Signaturefd LLC increased its position in shares of Universal Health Services, Inc. (NYSE:UHS – Free Report) by 15.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 843 shares of the health services provider’s stock after purchasing an additional 115 shares during the period. Signaturefd LLC’s holdings in Universal Health Services were worth $153,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also added to or reduced their stakes in the company. AQR Capital Management LLC raised its holdings in Universal Health Services by 57.8% in the 1st quarter. AQR Capital Management LLC now owns 931,355 shares of the health services provider’s stock valued at $173,381,000 after acquiring an additional 340,966 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in Universal Health Services by 329.4% in the 1st quarter. Ameriprise Financial Inc. now owns 404,806 shares of the health services provider’s stock valued at $76,081,000 after acquiring an additional 310,531 shares in the last quarter. Nuveen LLC acquired a new position in Universal Health Services in the 1st quarter valued at $25,555,000. Assenagon Asset Management S.A. raised its holdings in Universal Health Services by 119.5% in the 2nd quarter. Assenagon Asset Management S.A. now owns 241,164 shares of the health services provider’s stock valued at $43,687,000 after acquiring an additional 131,305 shares in the last quarter. Finally, Canada Pension Plan Investment Board raised its holdings in Universal Health Services by 113.5% in the 1st quarter. Canada Pension Plan Investment Board now owns 242,500 shares of the health services provider’s stock valued at $45,566,000 after acquiring an additional 128,900 shares in the last quarter. 86.05% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several equities analysts have weighed in on UHS shares. Robert W. Baird dropped their price objective 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. Bank of America cut Universal Health Services from a “neutral” rating to an “underperform” rating and dropped their price objective for the company from $215.00 to $185.00 in a report on Wednesday, July 16th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Universal Health Services in a report on Saturday, September 27th. Royal Bank Of Canada lifted their price target on Universal Health Services from $201.00 to $206.00 and gave the company a “sector perform” rating in a research note on Tuesday, August 19th. Finally, JPMorgan Chase & Co. decreased their price target on Universal Health Services from $215.00 to $195.00 and set a “neutral” rating on the stock in a research note on Monday, August 4th. Four analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Universal Health Services currently has an average rating of “Hold” and a consensus price target of $214.08.
Universal Health Services Stock Up 0.8%
Shares of NYSE:UHS opened at $207.18 on Friday. The company has a market capitalization of $13.18 billion, a price-to-earnings ratio of 10.91, a P/E/G ratio of 0.85 and a beta of 1.30. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.29 and a quick ratio of 1.19. The business’s 50-day moving average is $183.34 and its 200-day moving average is $180.99. Universal Health Services, Inc. has a 1 year low of $152.33 and a 1 year high of $240.26.
Universal Health Services (NYSE:UHS – Get Free Report) last announced its quarterly earnings data on Monday, July 28th. The health services provider reported $5.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.85 by $0.50. The company had revenue of $4.28 billion for the quarter, compared to the consensus estimate of $4.24 billion. Universal Health Services had a return on equity of 18.25% and a net margin of 7.66%.The firm’s revenue was up 9.6% compared to the same quarter last year. During the same period in the previous year, the business earned $4.31 EPS. Universal Health Services has set its FY 2025 guidance at 20.000-21.000 EPS. Equities research analysts predict that Universal Health Services, Inc. will post 15.92 earnings per share for the current year.
Universal Health Services Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Tuesday, September 2nd. Universal Health Services’s payout ratio is currently 4.21%.
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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