Estuary Capital Management LP Purchases New Shares in Universal Health Services, Inc. $UHS

Key Points

• Estuary Capital Management LP has acquired 68,800 shares of Universal Health Services, Inc. (NYSE:UHS), valued at approximately $12.93 million, making it the 12th largest position in its portfolio.
• Universal Health Services reported earnings per share (EPS) of $5.35 for the last quarter, exceeding analysts' expectations and demonstrating a 9.6% increase in revenue compared to the previous year.
• The company announced a quarterly dividend of $0.20 per share, resulting in an annualized dividend of $0.80 and a yield of 0.4%, with an ex-dividend date set for September 2nd.

Estuary Capital Management LP bought a new position in shares of Universal Health Services, Inc. (NYSE:UHS - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 68,800 shares of the health services provider's stock, valued at approximately $12,928,000. Universal Health Services comprises approximately 3.1% of Estuary Capital Management LP's investment portfolio, making the stock its 12th largest holding. Estuary Capital Management LP owned approximately 0.11% of Universal Health Services as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Zions Bancorporation National Association UT purchased a new stake in shares of Universal Health Services in the 1st quarter valued at approximately $30,000. Sentry Investment Management LLC purchased a new position in shares of Universal Health Services during the 1st quarter worth about $35,000. UMB Bank n.a. raised its stake in shares of Universal Health Services by 49.3% during the first quarter. UMB Bank n.a. now owns 203 shares of the health services provider's stock valued at $38,000 after purchasing an additional 67 shares during the period. Federated Hermes Inc. boosted its holdings in shares of Universal Health Services by 89.7% during the first quarter. Federated Hermes Inc. now owns 258 shares of the health services provider's stock valued at $48,000 after acquiring an additional 122 shares during the period. Finally, CX Institutional acquired a new stake in Universal Health Services in the 1st quarter valued at about $74,000. Institutional investors and hedge funds own 86.05% of the company's stock.

Universal Health Services Trading Up 0.3%

Shares of NYSE UHS traded up $0.52 during midday trading on Tuesday, reaching $186.28. 218,789 shares of the stock were exchanged, compared to its average volume of 833,253. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.19 and a current ratio of 1.29. Universal Health Services, Inc. has a twelve month low of $152.33 and a twelve month high of $243.25. The stock has a market capitalization of $11.85 billion, a P/E ratio of 9.81, a PEG ratio of 0.78 and a beta of 1.28. The company has a 50 day simple moving average of $176.35 and a 200 day simple moving average of $178.45.

Universal Health Services (NYSE:UHS - Get Free Report) last issued its quarterly earnings results on Monday, July 28th. The health services provider reported $5.35 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.85 by $0.50. The business had revenue of $4.28 billion for the quarter, compared to analyst estimates of $4.24 billion. Universal Health Services had a net margin of 7.66% and a return on equity of 18.25%. The business's revenue was up 9.6% compared to the same quarter last year. During the same period in the previous year, the business posted $4.31 earnings per share. Universal Health Services has set its FY 2025 guidance at 20.000-21.000 EPS. As a group, equities analysts expect that Universal Health Services, Inc. will post 15.92 earnings per share for the current year.

Universal Health Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd will be paid a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 0.4%. The ex-dividend date is Tuesday, September 2nd. Universal Health Services's dividend payout ratio is currently 4.21%.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on UHS. Cantor Fitzgerald reissued a "neutral" rating and issued a $227.00 price objective on shares of Universal Health Services in a research report on Tuesday, August 26th. Robert W. Baird dropped their price objective on Universal Health Services from $243.00 to $203.00 and set a "neutral" rating for the company in a research report on Thursday, August 14th. Wells Fargo & Company decreased their target price on Universal Health Services from $225.00 to $210.00 and set an "overweight" rating for the company in a research note on Thursday, August 14th. JPMorgan Chase & Co. lowered their target price on Universal Health Services from $215.00 to $195.00 and set a "neutral" rating on the stock in a research note on Monday, August 4th. Finally, Wall Street Zen upgraded Universal Health Services from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 23rd. Four equities research 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 MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $214.77.

Universal Health Services Profile

Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities. It operates through Acute Care Hospital Services and Behavioral Health Care Services segments. The company's hospitals offer general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic and coronary care, pediatric services, pharmacy services, and/or behavioral health services.