Envestnet Portfolio Solutions Inc. Acquires 9,025 Shares of Universal Health Services, Inc. $UHS

Key Points

• Envestnet Portfolio Solutions Inc. increased its holdings in Universal Health Services by 38.4%, acquiring an additional 9,025 shares during the second quarter, bringing its total to 32,526 shares worth approximately $5.89 million.
• Universal Health Services received new price targets from analysts, including $227.00 from UBS Group and Cantor Fitzgerald, while Barclays reduced its target from $259.00 to $250.00.
• Universal Health Services reported earnings of $5.35 EPS for the last quarter, surpassing estimates, with a 12-month high share price of $240.26 and a market capitalization of $12.98 billion.

Envestnet Portfolio Solutions Inc. increased its holdings in shares of Universal Health Services, Inc. (NYSE:UHS - Free Report) by 38.4% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,526 shares of the health services provider's stock after acquiring an additional 9,025 shares during the period. Envestnet Portfolio Solutions Inc. owned about 0.05% of Universal Health Services worth $5,892,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of UHS. Zions Bancorporation National Association UT bought a new position in Universal Health Services in the 1st quarter valued at $30,000. Federated Hermes Inc. boosted its position in Universal Health Services by 89.7% in the 1st quarter. Federated Hermes Inc. now owns 258 shares of the health services provider's stock valued at $48,000 after buying an additional 122 shares during the last quarter. Farther Finance Advisors LLC boosted its position in Universal Health Services by 22.9% in the 2nd quarter. Farther Finance Advisors LLC now owns 354 shares of the health services provider's stock valued at $64,000 after buying an additional 66 shares during the last quarter. CX Institutional bought a new position in Universal Health Services in the 1st quarter valued at $74,000. Finally, Harvest Fund Management Co. Ltd boosted its position in Universal Health Services by 1,872.0% in the 1st quarter. Harvest Fund Management Co. Ltd now owns 493 shares of the health services provider's stock valued at $92,000 after buying an additional 468 shares during the last quarter. 86.05% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

UHS has been the topic of a number of recent research reports. UBS Group set a $227.00 price objective on Universal Health Services in a research report on Wednesday, July 30th. Cantor Fitzgerald restated a "neutral" rating and issued a $227.00 price target on shares of Universal Health Services in a research report on Tuesday, October 7th. Barclays reduced their price target on Universal Health Services from $259.00 to $250.00 and set an "overweight" rating on the stock in a research report on Thursday, September 18th. The Goldman Sachs Group initiated coverage on Universal Health Services in a research report on Tuesday. They issued a "neutral" rating and a $219.00 price target on the stock. Finally, Weiss Ratings restated a "hold (c+)" rating on shares of Universal Health Services in a research report on Wednesday, October 8th. Four investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $218.69.

Universal Health Services Stock Performance

Shares of Universal Health Services stock opened at $203.91 on Wednesday. The company has a market capitalization of $12.98 billion, a PE ratio of 10.74, a PEG ratio of 0.82 and a beta of 1.30. Universal Health Services, Inc. has a 12 month low of $152.33 and a 12 month high of $240.26. The company has a current ratio of 1.29, a quick ratio of 1.19 and a debt-to-equity ratio of 0.64. The stock's fifty day simple moving average is $188.91 and its 200 day simple moving average is $182.00.

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

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.

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