Janney Montgomery Scott LLC Has $2.02 Million Stock Position in Universal Health Services, Inc. (NYSE:UHS)

Janney Montgomery Scott LLC raised its holdings in Universal Health Services, Inc. (NYSE:UHS - Free Report) by 15.2% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 10,730 shares of the health services provider's stock after buying an additional 1,415 shares during the quarter. Janney Montgomery Scott LLC's holdings in Universal Health Services were worth $2,016,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. RHS Financial LLC raised its position in shares of Universal Health Services by 9.1% during the first quarter. RHS Financial LLC now owns 1,787 shares of the health services provider's stock worth $336,000 after purchasing an additional 149 shares during the period. Exchange Traded Concepts LLC raised its position in Universal Health Services by 510.0% in the 1st quarter. Exchange Traded Concepts LLC now owns 14,214 shares of the health services provider's stock valued at $2,671,000 after buying an additional 11,884 shares during the last quarter. Ritholtz Wealth Management grew its stake in Universal Health Services by 20.5% in the 1st quarter. Ritholtz Wealth Management now owns 7,772 shares of the health services provider's stock valued at $1,460,000 after purchasing an additional 1,321 shares during the period. Wealth Enhancement Advisory Services LLC grew its stake in Universal Health Services by 120.7% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 8,599 shares of the health services provider's stock valued at $1,616,000 after purchasing an additional 4,703 shares during the period. Finally, Elevation Point Wealth Partners LLC grew its stake in Universal Health Services by 23.5% in the 1st quarter. Elevation Point Wealth Partners LLC now owns 16,261 shares of the health services provider's stock valued at $3,055,000 after purchasing an additional 3,091 shares during the period. 86.05% of the stock is currently owned by institutional investors.

Universal Health Services Stock Performance

NYSE:UHS opened at $177.68 on Friday. The business's 50-day moving average price is $180.76 and its two-hundred day moving average price is $181.45. Universal Health Services, Inc. has a twelve month low of $153.99 and a twelve month high of $243.25. The stock has a market cap of $11.55 billion, a P/E ratio of 9.97, a PEG ratio of 0.72 and a beta of 1.31. The company has a quick ratio of 1.23, a current ratio of 1.32 and a debt-to-equity ratio of 0.67.

Universal Health Services (NYSE:UHS - Get Free Report) last released its quarterly earnings results on Monday, April 28th. The health services provider reported $4.84 earnings per share for the quarter, beating the consensus estimate of $4.36 by $0.48. The firm had revenue of $4.10 billion for the quarter, compared to analysts' expectations of $4.16 billion. Universal Health Services had a return on equity of 17.79% and a net margin of 7.44%. The company's revenue was up 6.7% compared to the same quarter last year. During the same quarter last year, the firm posted $3.70 EPS. As a group, equities analysts predict that Universal Health Services, Inc. will post 15.92 EPS for the current fiscal year.

Universal Health Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 16th. Investors of record on Monday, June 2nd were issued a dividend of $0.20 per share. The ex-dividend date was Monday, June 2nd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.45%. Universal Health Services's dividend payout ratio is 4.49%.

Insider Activity at Universal Health Services

In related news, Director Maria Ruderman Singer sold 1,097 shares of the firm's stock in a transaction that occurred on Wednesday, May 14th. The stock was sold at an average price of $191.48, for a total transaction of $210,053.56. Following the transaction, the director now directly owns 7,884 shares in the company, valued at $1,509,628.32. This trade represents a 12.21% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 16.40% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

UHS has been the subject of several research reports. Royal Bank Of Canada cut their price target on Universal Health Services from $211.00 to $201.00 and set a "sector perform" rating for the company in a research note on Wednesday, April 30th. Wells Fargo & Company cut their target price on Universal Health Services from $230.00 to $225.00 and set an "overweight" rating for the company in a research note on Monday, March 10th. Morgan Stanley began coverage on Universal Health Services in a research note on Wednesday, March 26th. They issued an "equal weight" rating and a $200.00 target price for the company. Robert W. Baird restated a "neutral" rating and issued a $224.00 target price (down previously from $274.00) on shares of Universal Health Services in a research note on Tuesday, April 15th. Finally, Baird R W downgraded Universal Health Services from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 15th. Nine research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. Based on data from MarketBeat, Universal Health Services presently has an average rating of "Hold" and a consensus target price of $224.77.

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.

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