Federation des caisses Desjardins du Quebec Purchases 2,918 Shares of Universal Health Services, Inc. $UHS

Key Points

• The Federation des caisses Desjardins du Quebec raised its holdings in Universal Health Services, Inc. by 27.8%, currently owning 13,428 shares worth about $2.52 million.
• Universal Health Services reported $5.35 earnings per share for the last quarter, exceeding expectations and showing a 9.6% increase in revenue compared to the previous year.
• The company announced a quarterly dividend of $0.20 per share, set to be paid on September 16th, representing an annual yield of 0.4%.

Federation des caisses Desjardins du Quebec increased its position in shares of Universal Health Services, Inc. (NYSE:UHS - Free Report) by 27.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,428 shares of the health services provider's stock after acquiring an additional 2,918 shares during the period. Federation des caisses Desjardins du Quebec's holdings in Universal Health Services were worth $2,523,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of UHS. Stifel Financial Corp raised its holdings in shares of Universal Health Services by 21.9% during the fourth quarter. Stifel Financial Corp now owns 4,880 shares of the health services provider's stock worth $876,000 after acquiring an additional 878 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in Universal Health Services by 82.8% during the fourth quarter. Ameriprise Financial Inc. now owns 94,275 shares of the health services provider's stock valued at $16,916,000 after buying an additional 42,714 shares in the last quarter. BOKF NA bought a new position in Universal Health Services during the fourth quarter valued at about $539,000. Cetera Investment Advisers raised its holdings in Universal Health Services by 30.6% during the fourth quarter. Cetera Investment Advisers now owns 12,858 shares of the health services provider's stock valued at $2,307,000 after buying an additional 3,011 shares in the last quarter. Finally, Crestline Management LP bought a new position in Universal Health Services during the fourth quarter valued at about $253,000. 86.05% of the stock is currently owned by hedge funds and other institutional investors.

Universal Health Services Price Performance

NYSE UHS traded up $0.79 during trading on Tuesday, reaching $186.55. 461,388 shares of the company traded hands, compared to its average volume of 665,957. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.19 and a current ratio of 1.29. The stock's 50 day moving average price is $176.31 and its two-hundred day moving average price is $178.51. The company has a market cap of $11.87 billion, a price-to-earnings ratio of 9.82, a P/E/G ratio of 0.77 and a beta of 1.28. Universal Health Services, Inc. has a 1-year low of $152.33 and a 1-year high of $243.25.

Universal Health Services (NYSE:UHS - Get Free Report) last released its quarterly earnings data on Monday, July 28th. The health services provider reported $5.35 earnings per share for the quarter, beating analysts' consensus estimates of $4.85 by $0.50. The company 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 company's quarterly revenue was up 9.6% on a year-over-year basis. During the same period in the previous year, the business earned $4.31 earnings per share. Universal Health Services has set its FY 2025 guidance at 20.000-21.000 EPS. As a group, analysts anticipate that Universal Health Services, Inc. will post 15.92 EPS for the current year.

Universal Health Services Dividend Announcement

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

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Wall Street Zen upgraded Universal Health Services from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 23rd. Royal Bank Of Canada raised their target price on Universal Health Services from $201.00 to $206.00 and gave the company a "sector perform" rating in a report on Tuesday, August 19th. Bank of America lowered Universal Health Services from a "neutral" rating to an "underperform" rating and cut their target price for the company from $215.00 to $185.00 in a report on Wednesday, July 16th. Stephens upgraded Universal Health Services to a "hold" rating in a report on Monday, June 2nd. Finally, Barclays raised their price target on Universal Health Services from $257.00 to $259.00 and gave the company an "overweight" rating in a research report on Wednesday, July 30th. Four investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Universal Health Services has an average rating of "Hold" and an average price target of $214.77.

Universal Health Services Company 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.