Invesco Ltd. Increases Stock Holdings in Universal Health Services, Inc. (NYSE:UHS)

Key Points

• Invesco Ltd. increased its stake in Universal Health Services by 6.0%, owning approximately 2.02% of the company valued at $247.18 million at the end of the recent reporting period.
• Universal Health Services reported a quarterly EPS of $5.35, beating estimates, and had a year-over-year revenue growth of 9.6%.
• The company recently declared a quarterly dividend of $0.20, with a dividend yield of 0.5%, to be paid on September 16th.

Invesco Ltd. boosted its holdings in Universal Health Services, Inc. (NYSE:UHS - Free Report) by 6.0% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,315,468 shares of the health services provider's stock after buying an additional 74,128 shares during the quarter. Invesco Ltd. owned approximately 2.02% of Universal Health Services worth $247,176,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of UHS. Freestone Grove Partners LP bought a new position in Universal Health Services in the fourth quarter valued at about $41,155,000. AQR Capital Management LLC raised its position in Universal Health Services by 59.4% in the fourth quarter. AQR Capital Management LLC now owns 590,389 shares of the health services provider's stock valued at $105,928,000 after purchasing an additional 219,942 shares during the last quarter. Bridgewater Associates LP raised its position in Universal Health Services by 119.1% in the fourth quarter. Bridgewater Associates LP now owns 322,163 shares of the health services provider's stock valued at $57,802,000 after purchasing an additional 175,131 shares during the last quarter. Raymond James Financial Inc. bought a new position in Universal Health Services in the fourth quarter valued at about $29,301,000. Finally, Twinbeech Capital LP raised its position in Universal Health Services by 1,151.1% in the fourth quarter. Twinbeech Capital LP now owns 152,454 shares of the health services provider's stock valued at $27,353,000 after purchasing an additional 140,268 shares during the last quarter. 86.05% of the stock is owned by institutional investors and hedge funds.

Universal Health Services Trading Down 0.2%

UHS stock traded down $0.43 during mid-day trading on Friday, reaching $178.31. The company's stock had a trading volume of 747,943 shares, compared to its average volume of 1,053,823. The company has a current ratio of 1.29, a quick ratio of 1.19 and a debt-to-equity ratio of 0.64. Universal Health Services, Inc. has a 12 month low of $152.33 and a 12 month high of $243.25. The business's 50 day moving average price is $173.42 and its 200 day moving average price is $178.77. The company has a market cap of $11.59 billion, a price-to-earnings ratio of 9.39, a price-to-earnings-growth ratio of 0.74 and a beta of 1.24.

Universal Health Services (NYSE:UHS - Get Free Report) last announced its quarterly earnings data on Monday, July 28th. The health services provider reported $5.35 EPS for the quarter, beating analysts' consensus estimates of $4.85 by $0.50. Universal Health Services had a return on equity of 18.25% and a net margin of 7.66%. The firm had revenue of $4.28 billion during the quarter, compared to analysts' expectations of $4.24 billion. During the same quarter last year, the firm posted $4.31 earnings per share. The company's revenue for the quarter was up 9.6% compared to the same quarter last year. On average, equities research analysts predict that Universal Health Services, Inc. will post 15.92 EPS for the current year.

Universal Health Services Announces Dividend

The company 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 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend is Tuesday, September 2nd. Universal Health Services's dividend payout ratio (DPR) is 4.21%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on UHS shares. Royal Bank Of Canada lowered their price objective on Universal Health Services from $211.00 to $201.00 and set a "sector perform" rating for the company in a research report on Wednesday, April 30th. Barclays raised their price objective on Universal Health Services from $257.00 to $259.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 30th. UBS Group set a $227.00 price objective on Universal Health Services in a research report on Wednesday, July 30th. Robert W. Baird set a $203.00 price objective on Universal Health Services and gave the stock a "neutral" rating in a research report on Thursday. Finally, JPMorgan Chase & Co. lowered their price objective on Universal Health Services from $215.00 to $195.00 and set a "neutral" rating for the company in a research report on Monday, August 4th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the company's stock. Based on data from MarketBeat, Universal Health Services presently has a consensus rating of "Hold" and a consensus price target of $213.77.

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.