Hsbc Holdings PLC Has $17.33 Million Holdings in Universal Health Services, Inc. $UHS

Key Points

• HSBC increased its Universal Health Services stake by 12.2% in the second quarter, owning 116,844 shares valued at approximately $17.33 million. Institutional investors and hedge funds collectively own 86.05% of UHS.
• Analyst sentiment remains mixed, with five Buy ratings and twelve Hold ratings. The consensus rating is Hold, with an average price target of $204.93, although several firms recently lowered their targets.
• UHS reported quarterly EPS of $5.98, beating estimates, while revenue rose 8.3% year over year to $4.64 billion. The company also declared a quarterly dividend of $0.20 per share, representing a 0.5% yield.

Hsbc Holdings PLC grew its holdings in Universal Health Services, Inc. (NYSE:UHS - Free Report) by 12.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 116,844 shares of the health services provider's stock after buying an additional 12,744 shares during the period. Hsbc Holdings PLC owned 0.20% of Universal Health Services worth $17,333,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Corient Private Wealth LLC boosted its position in Universal Health Services by 51.4% during the fourth quarter. Corient Private Wealth LLC now owns 54,975 shares of the health services provider's stock worth $11,988,000 after purchasing an additional 18,652 shares during the period. Y Intercept Hong Kong Ltd lifted its stake in shares of Universal Health Services by 79.8% during the 1st quarter. Y Intercept Hong Kong Ltd now owns 47,576 shares of the health services provider's stock worth $8,515,000 after buying an additional 21,122 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in shares of Universal Health Services by 58.2% during the 1st quarter. Janney Montgomery Scott LLC now owns 15,961 shares of the health services provider's stock worth $2,857,000 after buying an additional 5,870 shares during the last quarter. WINTON GROUP Ltd boosted its holdings in shares of Universal Health Services by 1,172.0% during the 4th quarter. WINTON GROUP Ltd now owns 30,440 shares of the health services provider's stock worth $6,637,000 after buying an additional 28,047 shares during the period. Finally, Glenmede Trust Co. NA boosted its holdings in shares of Universal Health Services by 742.5% during the 1st quarter. Glenmede Trust Co. NA now owns 12,696 shares of the health services provider's stock worth $2,272,000 after buying an additional 11,189 shares during the period. 86.05% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently commented on UHS shares. Robert W. Baird decreased their price target on shares of Universal Health Services from $204.00 to $166.00 and set a "neutral" rating on the stock in a research note on Wednesday, July 29th. Barclays cut their price objective on shares of Universal Health Services from $179.00 to $168.00 and set an "equal weight" rating for the company in a research report on Tuesday, July 28th. UBS Group reaffirmed a "buy" rating on shares of Universal Health Services in a research report on Monday, August 31st. Cantor Fitzgerald reiterated a "neutral" rating and set a $194.00 target price on shares of Universal Health Services in a research note on Tuesday, July 28th. Finally, Guggenheim dropped their price target on Universal Health Services from $195.00 to $189.00 and set a "buy" rating for the company in a report on Wednesday, July 29th. Five analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $204.93.

Universal Health Services Trading Up 1.4%

UHS stock opened at $172.11 on Wednesday. Universal Health Services, Inc. has a 52 week low of $140.08 and a 52 week high of $246.32. The company has a market capitalization of $10.14 billion, a PE ratio of 7.01, a price-to-earnings-growth ratio of 0.91 and a beta of 1.06. The company's 50-day simple moving average is $164.51 and its 200 day simple moving average is $170.39. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.04 and a current ratio of 1.12.

Universal Health Services (NYSE:UHS - Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The health services provider reported $5.98 earnings per share for the quarter, topping the consensus estimate of $5.94 by $0.04. The business had revenue of $4.64 billion during the quarter, compared to analysts' expectations of $4.58 billion. Universal Health Services had a net margin of 8.42% and a return on equity of 19.39%. The business's revenue was up 8.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $5.35 EPS. As a group, sell-side analysts anticipate that Universal Health Services, Inc. will post 22.96 earnings per share for the current year.

Universal Health Services Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $0.80 annualized dividend and a dividend yield of 0.5%. Universal Health Services's dividend payout ratio (DPR) is currently 3.26%.

Universal Health Services Company Profile

Universal Health Services, Inc NYSE: UHS is one of the largest diversified health care management companies in the United States, offering a broad spectrum of services through its acute care hospital and behavioral health segments. The company operates general acute care hospitals, surgical hospitals and ambulatory centers, as well as inpatient and outpatient behavioral health facilities. Its network provides emergency and specialized medicine, diagnostic imaging, laboratory services, advanced surgical care and rehabilitation, complemented by a comprehensive array of behavioral services including psychiatric treatment, addiction programs and developmental disabilities care.

In the acute care segment, UHS's facilities deliver services ranging from emergency department treatment and intensive care to maternity care and outpatient surgery.

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