Universal Health Services, Inc. $UHS Shares Purchased by Gotham Asset Management LLC

Key Points

• Gotham Asset Management LLC increased its stake in Universal Health Services by 91.8%, acquiring an additional 37,046 shares, bringing its total ownership to 77,403 shares valued at approximately $14.54 million.
• Universal Health Services reported a quarterly EPS of $5.35, exceeding analysts’ expectations of $4.85, and experienced a 9.6% revenue increase compared to the previous year.
• The company announced a quarterly dividend of $0.20 per share, with a dividend yield of 0.4%, payable on September 16th to shareholders of record on September 2nd.

Gotham Asset Management LLC raised its position in Universal Health Services, Inc. (NYSE:UHS - Free Report) by 91.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 77,403 shares of the health services provider's stock after buying an additional 37,046 shares during the quarter. Gotham Asset Management LLC owned about 0.12% of Universal Health Services worth $14,544,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in UHS. AQR Capital Management LLC grew its position in Universal Health Services by 57.8% during the first quarter. AQR Capital Management LLC now owns 931,355 shares of the health services provider's stock worth $173,381,000 after buying an additional 340,966 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in shares of Universal Health Services by 329.4% during the 1st quarter. Ameriprise Financial Inc. now owns 404,806 shares of the health services provider's stock worth $76,081,000 after acquiring an additional 310,531 shares during the period. Twinbeech Capital LP grew its stake in shares of Universal Health Services by 1,151.1% in the 4th quarter. Twinbeech Capital LP now owns 152,454 shares of the health services provider's stock worth $27,353,000 after buying an additional 140,268 shares during the last quarter. GAMMA Investing LLC boosted its stake in Universal Health Services by 16,935.6% during the 1st quarter. GAMMA Investing LLC now owns 138,670 shares of the health services provider's stock valued at $26,056,000 after purchasing an additional 137,856 shares during the last quarter. Finally, Nuveen LLC bought a new position in shares of Universal Health Services during the 1st quarter valued at $25,555,000. 86.05% of the stock is currently owned by hedge funds and other institutional investors.

Universal Health Services Stock Up 0.4%

NYSE:UHS traded up $0.79 during midday trading on Tuesday, hitting $186.55. 461,388 shares of the company were exchanged, compared to its average volume of 665,957. The company has a fifty day simple moving average of $176.31 and a 200 day simple moving average of $178.51. Universal Health Services, Inc. has a fifty-two week low of $152.33 and a fifty-two week high of $243.25. 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 company has a market capitalization of $11.87 billion, a PE ratio of 9.82, a price-to-earnings-growth ratio of 0.77 and a beta of 1.28.

Universal Health Services (NYSE:UHS - Get Free Report) last issued its earnings results on Monday, July 28th. The health services provider reported $5.35 earnings per share for the quarter, beating 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 net margin of 7.66% and a return on equity of 18.25%. The business's quarterly revenue was up 9.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $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 anticipate that Universal Health Services, Inc. will post 15.92 earnings per share for the current fiscal year.

Universal Health Services Dividend Announcement

The firm 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 dividend of $0.20 per share. 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 payout ratio is currently 4.21%.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. UBS Group set a $227.00 target price on Universal Health Services in a report on Wednesday, July 30th. Royal Bank Of Canada lifted their price target on shares of Universal Health Services from $201.00 to $206.00 and gave the company a "sector perform" rating in a research note on Tuesday, August 19th. Stephens raised shares of Universal Health Services to a "hold" rating in a research note on Monday, June 2nd. Bank of America lowered shares of Universal Health Services from a "neutral" rating to an "underperform" rating and cut their price target for the stock from $215.00 to $185.00 in a report on Wednesday, July 16th. Finally, Robert W. Baird lowered their price target on shares of Universal Health Services from $243.00 to $203.00 and set a "neutral" rating on the stock in a report on Thursday, August 14th. Four equities research 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's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $214.77.

About Universal Health Services

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.