The Texas Permanent School Fund holds a $1.38 million position in Universal Health Services, Inc. (NYSE: UHS)

0

The Texas Permanent School Fund reduced its stake in Universal Health Services, Inc. (NYSE: UHSGet a rating) by 5.8% in the 1st quarter, according to its last filing with the Securities and Exchange Commission. The fund held 9,484 shares of the healthcare provider after selling 586 shares during the period. The Texas Permanent School Fund’s holdings in universal health services were worth $1,375,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently increased or reduced their stakes in UHS. Daiwa Securities Group Inc. increased its stake in Universal Health Services by 1.9% in the 4th quarter. Daiwa Securities Group Inc. now owns 4,501 shares of the healthcare provider valued at $584,000 after buying 85 additional shares in the last quarter. Mercer Global Advisors Inc. ADV increased its stake in shares of Universal Health Services by 14.8% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 16,916 shares of the healthcare provider worth $2,193,000 after buying 2,181 additional shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its stake in shares of Universal Health Services by 12.8% during the 4th quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 36,457 shares of the healthcare provider worth $4,813,000 after buying 4,147 additional shares in the last quarter. Parsons Capital Management Inc. RI increased its stake in shares of Universal Health Services by 1.7% during the 4th quarter. Parsons Capital Management Inc. RI now owns 8,612 shares of the healthcare provider worth $1,117,000 after buying 144 additional shares in the last quarter. Finally, Thompson Investment Management Inc. increased its stake in Universal Health Services shares by 21.2% during the 4th quarter. Thompson Investment Management Inc. now owns 4,725 shares of the healthcare provider worth $613,000 after buying an additional 825 shares in the last quarter. 89.41% of the shares are currently held by institutional investors and hedge funds.

A Wall Street analyst gives his opinion

Several research companies have recently looked into UHS. 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 research note on Friday, July 1. UBS Group raised its price target on Universal Health Services shares to $105.00 in a Tuesday, July 26 research note. Royal Bank of Canada lowered its price target on Universal Health Services shares from $149.00 to $130.00 in a Wednesday, April 27 research note. Cowen cut his target price on Universal Health Services stock to $119.00 in a Tuesday, August 9 report. Finally, Deutsche Bank Aktiengesellschaft cut its price target on Universal Health Services shares from $160.00 to $130.00 in a Wednesday, July 27 report. Five analysts gave the stock a sell rating, four gave the company a hold rating and five gave the company a buy rating. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $123.00.

Performance of universal health services actions

NYSE UHS opened at $111.96 on Monday. The company has a quick ratio of 1.12, a current ratio of 1.22 and a leverage ratio of 0.78. The company has a market capitalization of $8.17 billion, a P/E ratio of 11.40, a P/E/G ratio of 3.60 and a beta of 1.18. Universal Health Services, Inc. has a 12 month minimum of $98.63 and a 12 month maximum of $158.28. The company has a 50-day moving average price of $108.12 and a two-hundred-day moving average price of $126.64.

Universal health services (NYSE: UHSGet a rating) last released its quarterly earnings data on Monday, July 25. The healthcare service provider reported earnings per share (EPS) of $2.20 for the quarter, beating analyst consensus estimates of $2.10 by $0.10. The company posted revenue of $3.32 billion in the quarter, versus a consensus estimate of $3.27 billion. Universal Health Services posted a net margin of 5.94% and a return on equity of 12.88%. The company’s revenue for the quarter increased by 3.9% compared to the same quarter last year. In the same quarter a year earlier, the company posted EPS of $3.76. 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. This represents an annualized dividend of $0.80 and a dividend yield of 0.71%. The ex-date of this dividend is Wednesday, August 31. The universal health services payout ratio is currently 8.15%.

Profile of 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.

Featured Articles

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



Receive daily news and reviews for Universal Health Services – Enter your email address below to receive a concise daily summary of breaking news and analyst ratings for Universal Health Services and related companies with MarketBeat.com’s free daily email newsletter.

Share.

Comments are closed.