Jefferies Financial Group Inc. lowered its holdings in shares of Universal Health Services, Inc. (NYSE:UHS - Free Report) by 27.3% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 21,400 shares of the health services provider's stock after selling 8,052 shares during the period. Jefferies Financial Group Inc.'s holdings in Universal Health Services were worth $3,182,000 as of its most recent filing with the SEC.
Several other large investors have also bought and sold shares of the business. Pzena Investment Management LLC boosted its stake in shares of Universal Health Services by 31.5% in the 4th quarter. Pzena Investment Management LLC now owns 2,112,604 shares of the health services provider's stock valued at $460,590,000 after purchasing an additional 505,575 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Universal Health Services by 12.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,781,262 shares of the health services provider's stock valued at $318,812,000 after purchasing an additional 192,351 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in Universal Health Services by 1.7% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,226,577 shares of the health services provider's stock valued at $219,520,000 after purchasing an additional 20,577 shares during the last quarter. Norges Bank acquired a new stake in Universal Health Services in the fourth quarter valued at approximately $199,334,000. Finally, Morgan Stanley grew its stake in shares of Universal Health Services by 59.5% during the fourth quarter. Morgan Stanley now owns 871,377 shares of the health services provider's stock worth $189,978,000 after buying an additional 325,162 shares during the last quarter. 86.05% of the stock is owned by institutional investors and hedge funds.
Universal Health Services Trading Down 0.4%
NYSE UHS opened at $171.87 on Friday. The firm has a market capitalization of $10.13 billion, a PE ratio of 7.00, a price-to-earnings-growth ratio of 0.93 and a beta of 1.05. The business's 50-day moving average price is $161.13 and its two-hundred day moving average price is $173.68. The company has a current ratio of 1.12, a quick ratio of 1.04 and a debt-to-equity ratio of 0.54. Universal Health Services, Inc. has a 12 month low of $140.08 and a 12 month high of $246.32.
Universal Health Services (NYSE:UHS - Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The health services provider reported $5.98 EPS for the quarter, topping analysts' consensus estimates of $5.94 by $0.04. Universal Health Services had a return on equity of 19.39% and a net margin of 8.42%.The company had revenue of $4.64 billion for the quarter, compared to analyst estimates of $4.58 billion. During the same period in the previous year, the firm earned $5.35 earnings per share. The firm's quarterly revenue was up 8.3% on a year-over-year basis. On average, analysts expect that Universal Health Services, Inc. will post 23.01 EPS for the current year.
Universal Health Services Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be given a $0.20 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.5%. Universal Health Services's payout ratio is 3.26%.
Analyst Upgrades and Downgrades
A number of research analysts have recently commented on UHS shares. Barclays dropped their price target on Universal Health Services from $179.00 to $168.00 and set an "equal weight" rating for the company in a research note on Tuesday, July 28th. Morgan Stanley lowered their target price on Universal Health Services from $212.00 to $191.00 and set an "equal weight" rating for the company in a report on Wednesday, July 29th. Robert W. Baird dropped their target price on Universal Health Services from $204.00 to $166.00 and set a "neutral" rating for the company in a research report on Wednesday, July 29th. The Goldman Sachs Group reduced their price target on Universal Health Services from $242.00 to $190.00 and set a "neutral" rating on the stock in a report on Thursday, July 30th. Finally, JPMorgan Chase & Co. lowered their price objective on Universal Health Services from $235.00 to $205.00 and set a "neutral" rating for the company in a research note on Wednesday, May 20th. Five analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. According to MarketBeat.com, Universal Health Services presently has an average rating of "Hold" and a consensus target price of $204.93.
View Our Latest Stock Report on UHS
About Universal Health Services
(
Free Report)
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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