Universal Health Services, Inc. $UHS Shares Sold by Truist Financial Corp

Truist Financial Corp cut its holdings in Universal Health Services, Inc. (NYSE:UHS) by 8.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,786 shares of the health services provider’s stock after selling 450 shares during the quarter. Truist Financial Corp’s holdings in Universal Health Services were worth $867,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the business. Invesco Ltd. increased its stake in Universal Health Services by 6.0% in the first quarter. Invesco Ltd. now owns 1,315,468 shares of the health services provider’s stock valued at $247,176,000 after purchasing an additional 74,128 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Universal Health Services by 9.0% during the first quarter. Dimensional Fund Advisors LP now owns 1,241,738 shares of the health services provider’s stock worth $233,311,000 after acquiring an additional 102,137 shares during the period. AQR Capital Management LLC boosted 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 purchasing an additional 340,966 shares in the last quarter. American Century Companies Inc. boosted its holdings in Universal Health Services by 1.7% in the 1st quarter. American Century Companies Inc. now owns 634,592 shares of the health services provider’s stock valued at $119,240,000 after purchasing an additional 10,449 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in Universal Health Services by 3.5% in the 1st quarter. Bank of New York Mellon Corp now owns 504,804 shares of the health services provider’s stock valued at $94,853,000 after purchasing an additional 16,900 shares in the last quarter. 86.05% of the stock is currently owned by institutional investors and hedge funds.

Universal Health Services Trading Up 0.8%

Shares of Universal Health Services stock opened at $197.74 on Tuesday. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.29 and a quick ratio of 1.19. Universal Health Services, Inc. has a 1 year low of $152.33 and a 1 year high of $240.26. The company has a market capitalization of $12.58 billion, a P/E ratio of 10.41, a P/E/G ratio of 0.81 and a beta of 1.30. The business has a 50 day moving average price of $188.13 and a 200 day moving average price of $181.85.

Universal Health Services (NYSE:UHS) last announced its earnings results on Monday, July 28th. The health services provider reported $5.35 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $4.28 billion for the quarter, compared to analyst estimates of $4.24 billion. During the same quarter last year, the business earned $4.31 earnings per share. Universal Health Services’s revenue was up 9.6% compared to the same quarter last year. Universal Health Services has set its FY 2025 guidance at 20.000-21.000 EPS. Sell-side analysts anticipate that Universal Health Services, Inc. will post 15.92 EPS for the current fiscal year.

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 paid 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 payout ratio is currently 4.21%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Robert W. Baird lowered their price objective on Universal Health Services from $243.00 to $203.00 and set a “neutral” rating on the stock in a report on Thursday, August 14th. JPMorgan Chase & Co. lowered their price objective 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. UBS Group set a $227.00 price objective on Universal Health Services in a report on Wednesday, July 30th. Barclays lowered their price objective on Universal Health Services from $259.00 to $250.00 and set an “overweight” rating on the stock in a report on Thursday, September 18th. Finally, Wells Fargo & Company lifted their price objective on Universal Health Services from $210.00 to $249.00 and gave the company an “overweight” rating in a report on Tuesday, October 7th. Four analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Universal Health Services has an average rating of “Hold” and a consensus target price of $217.08.

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.