M&T Bank Corp holds a $336,000 position in Universal Health Services, Inc. (NYSE: UHS)

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M&T Bank Corp reduced its stake in Universal Health Services, Inc. (NYSE: UHSGet a rating) by 5.4% during the 1st quarter, according to its latest filing with the Securities and Exchange Commission (SEC). The company held 2,312 shares of the healthcare provider after selling 133 shares during the period. M&T Bank Corp’s holdings in Universal Health Services were worth $336,000 when it last filed with the SEC.

Other large investors also bought and sold shares of the company. Spire Wealth Management increased its holdings in Universal Health Services by 131.1% in the first quarter. Spire Wealth Management now owns 208 shares of the healthcare provider worth $30,000 after buying 118 additional shares during the period. Parallel Advisors LLC increased its stake in Universal Health Services by 50.6% in the first quarter. Parallel Advisors LLC now owns 244 shares of the healthcare provider worth $36,000 after buying 82 additional shares during the period. Quent Capital LLC acquired a new stake in Universal Health Services in the fourth quarter valued at $43,000. Covestor Ltd acquired a new stake in Universal Health Services in the fourth quarter valued at $61,000. Finally, Schroder Investment Management Group increased its stake in Universal Health Services by 119.1% in the fourth quarter. Schroder Investment Management Group now owns 4,930 shares of the healthcare provider worth $64,000 after buying an additional 2,680 shares during the period. 89.41% of the shares are currently held by institutional investors and hedge funds.

Performance of universal health services actions

Shares of UHS opened at $108.44 on Wednesday. The company has a 50-day moving average of $107.66 and a 200-day moving average of $126.39. Universal Health Services, Inc. has a one-year minimum of $98.63 and a one-year maximum of $158.28. The company has a market capitalization of $7.91 billion, a PE ratio of 11.04, a growth price-earnings ratio of 3.60 and a beta of 1.18. The company has a debt ratio of 0.78, a current ratio of 1.22 and a quick ratio of 1.12.

Universal health services (NYSE: UHSGet a rating) last reported quarterly earnings data on Monday, July 25. The healthcare provider reported EPS of $2.20 for the quarter, beating consensus analyst estimates of $2.10 by $0.10. Universal Health Services posted a net margin of 5.94% and a return on equity of 12.88%. The company posted revenue of $3.32 billion in the quarter, versus a consensus estimate of $3.27 billion. In the same quarter last year, the company posted EPS of $3.76. The company’s quarterly revenue increased 3.9% year over year. As a group, stock analysts expect Universal Health Services, Inc. to post earnings per share of 9.9 for the current year.

Universal Health Services Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 15. Shareholders of record on Thursday, September 1 will receive a dividend of $0.20 per share. This represents a dividend of $0.80 on an annualized basis and a dividend yield of 0.74%. The ex-date of this dividend is Wednesday, August 31. Universal Health Services’ dividend payout ratio is currently 8.15%.

Wall Street analysts predict growth

Several equity research analysts have weighed in on UHS stocks. Deutsche Bank Aktiengesellschaft cut its price target on Universal Health Services shares from $160.00 to $130.00 in a Wednesday, July 27 report. Mizuho lowered its price target on Universal Health Services stock from $153.00 to $121.00 and set a “buy” rating on the stock in a Friday, July 1 report. Goldman Sachs Group lowered its price target on Universal Health Services shares from $125.00 to $110.00 and set a “sell” rating on the stock in a Tuesday, July 12 report. SVB Leerink raised its price target on Universal Health Services stock from $103.00 to $111.00 and gave the stock a “market performance” rating in a Thursday, July 28 report. Finally, Wells Fargo & Company lowered its price target on Universal Health Services stock from $139.00 to $118.00 in a Thursday, April 28 report. Five analysts have rated the stock with a sell rating, four have issued a hold rating and five have assigned the company a buy rating. Based on MarketBeat data, Universal Health Services has an average rating of “Hold” and a consensus target price of $123.00.

Universal Health Services Company Profile

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Universal Health Services, Inc., through its subsidiaries, owns and operates acute care hospitals and ambulatory and behavioral health care facilities. The Company operates through the Acute Care Hospital Services and Behavioral Health Care Services segments. Its hospitals offer general and specialized surgery, internal medicine, obstetrics, emergency care, radiology, oncology, diagnostic and coronary care, pediatrics, pharmacy and/or behavioral health.

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Institutional Ownership by Quarter for Universal Health Services (NYSE: UHS)



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