Janney Montgomery Scott LLC Lowers Position in Universal Health Services, Inc. $UHS

Key Points

• Janney Montgomery Scott LLC reduced its stake in Universal Health Services by 17.5% during the 2nd quarter, now holding 8,856 shares valued at approximately $1.6 million.
• The company's stock is currently trading at $196.33, experiencing a 2.6% decline, with a market capitalization of $12.49 billion.
• Universal Health Services reported a quarterly EPS of $5.35, surpassing expectations, with revenue up 9.6% year over year.

Janney Montgomery Scott LLC lessened its stake in Universal Health Services, Inc. (NYSE:UHS - Free Report) by 17.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,856 shares of the health services provider's stock after selling 1,874 shares during the period. Janney Montgomery Scott LLC's holdings in Universal Health Services were worth $1,604,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. Farther Finance Advisors LLC boosted its position in Universal Health Services by 22.9% in the 2nd quarter. Farther Finance Advisors LLC now owns 354 shares of the health services provider's stock worth $64,000 after purchasing an additional 66 shares in the last quarter. UMB Bank n.a. raised its stake in shares of Universal Health Services by 49.3% during the 1st quarter. UMB Bank n.a. now owns 203 shares of the health services provider's stock worth $38,000 after buying an additional 67 shares during the period. NewEdge Advisors LLC raised its stake in shares of Universal Health Services by 2.7% during the 1st quarter. NewEdge Advisors LLC now owns 2,665 shares of the health services provider's stock worth $501,000 after buying an additional 69 shares during the period. Fifth Third Bancorp raised its stake in shares of Universal Health Services by 5.5% during the 2nd quarter. Fifth Third Bancorp now owns 1,432 shares of the health services provider's stock worth $259,000 after buying an additional 75 shares during the period. Finally, HighTower Advisors LLC raised its stake in shares of Universal Health Services by 0.6% during the 1st quarter. HighTower Advisors LLC now owns 13,328 shares of the health services provider's stock worth $2,504,000 after buying an additional 81 shares during the period. Hedge funds and other institutional investors own 86.05% of the company's stock.

Universal Health Services Stock Down 2.6%

NYSE UHS opened at $196.33 on Friday. The business has a fifty day moving average price of $187.47 and a 200 day moving average price of $181.80. Universal Health Services, Inc. has a one year low of $152.33 and a one year high of $240.26. 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 company has a market cap of $12.49 billion, a P/E ratio of 10.34, a P/E/G ratio of 0.81 and a beta of 1.30.

Universal Health Services (NYSE:UHS - Get Free Report) last posted its quarterly earnings data on Monday, July 28th. The health services provider reported $5.35 EPS for the quarter, beating the consensus estimate 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 the consensus estimate of $4.24 billion. During the same period in the prior year, the company earned $4.31 EPS. The firm's revenue was up 9.6% compared to the same quarter last year. Universal Health Services has set its FY 2025 guidance at 20.000-21.000 EPS. Research analysts anticipate that Universal Health Services, Inc. will post 15.92 EPS for the current fiscal year.

Universal Health Services Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd were issued a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 0.4%. The ex-dividend date was Tuesday, September 2nd. Universal Health Services's dividend payout ratio is presently 4.21%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on UHS shares. JPMorgan Chase & Co. reduced their target price on Universal Health Services from $215.00 to $195.00 and set a "neutral" rating for the company in a research note on Monday, August 4th. Cantor Fitzgerald reaffirmed a "neutral" rating and set a $227.00 target price on shares of Universal Health Services in a research note on Tuesday, October 7th. UBS Group set a $227.00 target price on Universal Health Services in a research note on Wednesday, July 30th. Royal Bank Of Canada upped their target price on Universal Health Services from $201.00 to $206.00 and gave the stock a "sector perform" rating in a research note on Tuesday, August 19th. Finally, Robert W. Baird reduced their target price on Universal Health Services from $243.00 to $203.00 and set a "neutral" rating for the company in a research note on Thursday, August 14th. Four 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 stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $217.08.

Universal Health Services 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.

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