Cresset Asset Management LLC Acquires Shares of 3,661 Universal Health Services, Inc. $UHS

Cresset Asset Management LLC acquired a new position in shares of Universal Health Services, Inc. (NYSE:UHS) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 3,661 shares of the health services provider’s stock, valued at approximately $748,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Pzena Investment Management LLC grew its stake in shares of Universal Health Services by 310.2% in the third quarter. Pzena Investment Management LLC now owns 1,607,029 shares of the health services provider’s stock valued at $328,541,000 after acquiring an additional 1,215,286 shares in the last quarter. Invesco Ltd. increased its position in Universal Health Services by 11.1% during the second quarter. Invesco Ltd. now owns 1,461,198 shares of the health services provider’s stock worth $264,696,000 after acquiring an additional 145,730 shares during the period. Massachusetts Financial Services Co. MA raised its stake in Universal Health Services by 3.5% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 926,669 shares of the health services provider’s stock worth $167,866,000 after purchasing an additional 31,201 shares in the last quarter. American Century Companies Inc. raised its stake in Universal Health Services by 22.1% in the 3rd quarter. American Century Companies Inc. now owns 781,145 shares of the health services provider’s stock worth $159,698,000 after purchasing an additional 141,621 shares in the last quarter. Finally, Norges Bank bought a new stake in Universal Health Services in the 2nd quarter valued at about $83,333,000. Institutional investors and hedge funds own 86.05% of the company’s stock.

Universal Health Services Price Performance

UHS stock opened at $186.18 on Thursday. The company’s 50-day moving average price is $211.11 and its two-hundred day moving average price is $211.73. The firm has a market cap of $11.37 billion, a P/E ratio of 8.04, a P/E/G ratio of 0.74 and a beta of 1.26. The company has a quick ratio of 0.98, a current ratio of 1.05 and a debt-to-equity ratio of 0.55. Universal Health Services, Inc. has a 12 month low of $152.33 and a 12 month high of $246.32.

Universal Health Services (NYSE:UHS) last issued its quarterly earnings results on Wednesday, February 25th. The health services provider reported $5.88 earnings per share for the quarter, missing analysts’ consensus estimates of $5.92 by ($0.04). The firm had revenue of $4.49 billion for the quarter, compared to the consensus estimate of $4.50 billion. Universal Health Services had a return on equity of 19.65% and a net margin of 8.57%.The business’s revenue was up 9.1% on a year-over-year basis. During the same period last year, the company posted $4.92 EPS. Universal Health Services has set its FY 2026 guidance at 22.640-24.520 EPS. On average, analysts anticipate that Universal Health Services, Inc. will post 15.92 earnings per share for the current fiscal year.

Universal Health Services Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 2nd will be paid a dividend of $0.20 per share. The ex-dividend date is Monday, March 2nd. This represents a $0.80 annualized dividend and a yield of 0.4%. Universal Health Services’s dividend payout ratio is presently 3.46%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Cantor Fitzgerald decreased their target price on shares of Universal Health Services from $250.00 to $229.00 and set a “neutral” rating on the stock in a research report on Friday, February 27th. UBS Group reiterated a “buy” rating on shares of Universal Health Services in a research report on Thursday, January 15th. Wall Street Zen cut Universal Health Services from a “strong-buy” rating to a “buy” rating in a research note on Saturday, February 28th. Barclays raised their price objective on Universal Health Services from $262.00 to $268.00 and gave the stock an “overweight” rating in a research note on Thursday, February 26th. Finally, TD Cowen dropped their price objective on Universal Health Services from $251.00 to $245.00 and set a “buy” rating for the company in a report on Wednesday, January 7th. Six analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Universal Health Services presently has a consensus rating of “Hold” and a consensus target price of $232.21.

About Universal Health Services

Universal Health Services, Inc (NYSE: UHS) is one of the largest diversified health care management companies in the United States, offering a broad spectrum of services through its acute care hospital and behavioral health segments. The company operates general acute care hospitals, surgical hospitals and ambulatory centers, as well as inpatient and outpatient behavioral health facilities. Its network provides emergency and specialized medicine, diagnostic imaging, laboratory services, advanced surgical care and rehabilitation, complemented by a comprehensive array of behavioral services including psychiatric treatment, addiction programs and developmental disabilities care.

In the acute care segment, UHS’s facilities deliver services ranging from emergency department treatment and intensive care to maternity care and outpatient surgery.