Robeco Institutional Asset Management BV reduced its stake in Universal Health Services, Inc. (NYSE: UHS – Get a rating) by 20.0% during the 1st quarter, according to the company in its last filing with the SEC. The fund held 6,118 shares of the healthcare provider after selling 1,528 shares during the quarter. Robeco Institutional Asset Management BV’s stake in Universal Health Services was worth $886,000 at the end of the last quarter.
A number of other institutional investors have also recently bought and sold shares of UHS. First Eagle Investment Management LLC increased its position in Universal Health Services by 14.0% in the fourth quarter. First Eagle Investment Management LLC now owns 4,099,131 shares of the healthcare provider valued at $531,493,000 after acquiring an additional 502,100 shares in the last quarter. Invesco Ltd. increased its stake in Universal Health Services by 9.2% in the 4th quarter. Invesco Ltd. now owns 3,811,217 shares of the healthcare service provider worth $494,162,000 after purchasing an additional 321,368 shares during the period. American Century Companies Inc. increased its stake in Universal Health Services by 15.6% in the fourth quarter. American Century Companies Inc. now owns 2,269,854 shares of the healthcare provider valued at $294,310,000 after buying an additional 307,066 shares last quarter. JPMorgan Chase & Co. strengthened its position in Universal Health Services by 7.5% in the 4th quarter. JPMorgan Chase & Co. now owns 1,947,621 shares of the healthcare provider valued at $252,528,000 after purchasing an additional 135,767 shares during the period. Finally, Nuance Investments LLC increased its stake in Universal Health Services by 150.6% in the 4th quarter. Nuance Investments LLC now owns 1,750,343 shares of the healthcare provider worth $226,949,000 after acquiring an additional 1,051,850 shares in the last quarter. 89.41% of the shares are currently held by institutional investors.
Performance of universal health services actions
Shares of Stock of universal health services opened at $103.05 on Friday. The company has a market capitalization of $7.71 billion, a P/E ratio of 9.03, a PEG ratio of 4.52 and a beta of 1.16. Universal Health Services, Inc. has a 52 week minimum of $98.63 and a 52 week maximum of $165.00. The company has a quick ratio of 0.98, a current ratio of 1.07 and a debt ratio of 0.71. The company has a 50-day moving average price of $113.30 and a 200-day moving average price of $129.58.
Universal health services (NYSE: UHS – Get a rating) last released its quarterly earnings data on Monday, April 25. The healthcare provider reported EPS of $2.15 for the quarter, missing the consensus estimate of $2.47 per ($0.32). Universal Health Services had a return on equity of 15.06% and a net margin of 7.25%. The company posted revenue of $3.29 billion for the quarter, versus analyst estimates of $3.24 billion. During the same quarter of the previous year, the firm had posted earnings per share of $2.44. The company’s quarterly revenue increased 9.3% year over year. Sell-side analysts expect Universal Health Services, Inc. to post EPS of 9.68 for the current year.
Announcing the Universal Health Services Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, June 15. Investors of record on Wednesday, June 1 received a dividend of $0.20 per share. This represents a dividend of $0.80 on an annualized basis and a dividend yield of 0.78%. The ex-dividend date was Tuesday, May 31. Universal Health Services’ dividend payout ratio (DPR) is 7.01%.
Changes to analyst ratings
UHS has been the subject of a number of research reports. Loop Capital launched Universal Health Services coverage in a Thursday, June 16 report. They issued a “holding” rating and a price target of $115.00 for the company. Credit Suisse Group cut its price target on Universal Health Services from $156.00 to $141.00 and set an “outperform” rating on the stock in a Friday, July 1 research note. Mizuho lowered its price target on Universal Health Services shares from $153.00 to $121.00 and set a “buy” rating for the company in a research note on Friday, July 1. Goldman Sachs Group cut its price target on Universal Health Services shares from $125.00 to $110.00 and set a “sell” rating for the company in a report released Tuesday. Finally, SVB Leerink lowered its price target on Universal Health Services stock from $108.00 to $103.00 and set a “market performance” rating on the stock in a research note on Friday. Five research analysts have assigned the stock a sell rating, four have issued a hold rating and five have assigned the stock a buy rating. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $130.64.
Universal Health Services Company Profile
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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