Shares of Universal Health Services, Inc. (NYSE: UHS) acquired by IFM Investors Pty Ltd

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IFM Investors Pty Ltd increased its position in Universal Health Services, Inc. (NYSE: UHSGet a rating) by 9.8% in the 1st quarter, according to its most recent communication to the Securities and Exchange Commission. The company held 11,313 shares of the healthcare provider after acquiring an additional 1,013 shares during the quarter. IFM Investors Pty Ltd’s holdings in Universal Health Services were worth $1,640,000 at the end of the last reporting period.

Other large investors have also changed their stake in the company. Spire Wealth Management increased its holdings of Universal Health Services shares 131.1% in the first quarter. Spire Wealth Management now owns 208 shares of the healthcare provider valued at $30,000 after acquiring 118 additional shares during the period. National Bank of Canada FI acquired a new stake in shares of Universal Health Services in the fourth quarter worth approximately $32,000. Parallel Advisors LLC increased its holdings of Universal Health Services stock by 50.6% in the first quarter. Parallel Advisors LLC now owns 244 shares of the healthcare provider worth $36,000 after acquiring 82 additional shares during the period. Quent Capital LLC acquired a new stake in shares of Universal Health Services during the fourth quarter at a value of $43,000. Finally, Covestor Ltd acquired a new stake in shares of Universal Health Services during the fourth quarter at a value of $61,000. 89.41% of the shares are held by institutional investors and hedge funds.

Changes to analyst ratings

Several equity research analysts have recently weighed in on UHS stocks. Mizuho cut its price target on Universal Health Services from $153.00 to $121.00 and set a “buy” rating for the company in a Friday, July 1 report. The Royal Bank of Canada lowered its price target on universal health services from $149.00 to $130.00 in a report on Wednesday, April 27. Loop Capital began universal health services coverage in a Thursday, June 16 report. They set a “holding” rating and a price target of $115.00 for the company. TheStreet downgraded Universal Health Services from a “b-” grade to a “c+” grade in a Tuesday, June 21 report. To finish, StockNews.com downgraded universal health services from a “buy” rating to a “hold” rating in a Friday, April 29 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. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $123.29.

Price performance of universal health services

Stock of universal health services opened at $110.35 on Friday. Universal Health Services, Inc. has a one-year minimum of $98.63 and a one-year maximum of $158.28. The company has a debt ratio of 0.78, a quick ratio of 1.12 and a current ratio of 1.22. The company has a fifty-day moving average of $109.29 and a two-hundred-day moving average of $127.26. The company has a market capitalization of $8.26 billion, a P/E ratio of 11.24, a price-to-earnings growth ratio of 3.52 and a beta of 1.18.

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

Announcing the Universal Health Services Dividend

The company also recently declared 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. This represents a dividend of $0.80 on an annualized basis and a dividend yield of 0.72%. The ex-dividend date is Wednesday, August 31. Universal Health Services’ dividend payout ratio is currently 8.15%.

About Universal Health Services

(Get a rating)

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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