Korea Investment CORP Boosts Stake in Universal Health Services, Inc. $UHS

Key Points

• Korea Investment CORP increased its stake in Universal Health Services, Inc. by 10.5%, acquiring an additional 10,500 shares to own approximately 0.17% of the company, valued at $20.8 million.
• Several analysts have adjusted their target prices for Universal Health Services, with Wells Fargo decreasing its target from $225.00 to $210.00 while Barclays raised it from $257.00 to $259.00.
• Universal Health Services recently announced a quarterly dividend of $0.20 per share, with the ex-dividend date set for September 2nd, yielding an annual payout of 0.4%.

Korea Investment CORP increased its position in Universal Health Services, Inc. (NYSE:UHS - Free Report) by 10.5% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 110,742 shares of the health services provider's stock after acquiring an additional 10,500 shares during the period. Korea Investment CORP owned about 0.17% of Universal Health Services worth $20,808,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Zions Bancorporation National Association UT bought a new stake in shares of Universal Health Services in the first quarter worth $30,000. Sentry Investment Management LLC bought a new stake in shares of Universal Health Services in the first quarter worth $35,000. UMB Bank n.a. grew its holdings in shares of Universal Health Services by 49.3% in the first quarter. UMB Bank n.a. now owns 203 shares of the health services provider's stock worth $38,000 after acquiring an additional 67 shares during the period. Federated Hermes Inc. grew its holdings in shares of Universal Health Services by 89.7% in the first quarter. Federated Hermes Inc. now owns 258 shares of the health services provider's stock worth $48,000 after acquiring an additional 122 shares during the period. Finally, CX Institutional bought a new stake in shares of Universal Health Services in the first quarter worth $74,000. Institutional investors own 86.05% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. UBS Group set a $227.00 price target on Universal Health Services in a report on Wednesday, July 30th. Bank of America lowered Universal Health Services from a "neutral" rating to an "underperform" rating and cut their price target for the company from $215.00 to $185.00 in a report on Wednesday, July 16th. Royal Bank Of Canada boosted their price target on Universal Health Services from $201.00 to $206.00 and gave the company a "sector perform" rating in a report on Tuesday. JPMorgan Chase & Co. cut their price target on Universal Health Services from $215.00 to $195.00 and set a "neutral" rating for the company in a report on Monday, August 4th. Finally, Robert W. Baird cut their price target on Universal Health Services from $243.00 to $203.00 and set a "neutral" rating for the company in a report on Thursday, August 14th. Five equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $214.15.

Universal Health Services Price Performance

Shares of Universal Health Services stock traded up $1.4880 during trading hours on Friday, hitting $185.4380. The company's stock had a trading volume of 627,249 shares, compared to its average volume of 961,902. The business has a 50 day moving average price of $174.37 and a two-hundred day moving average price of $178.50. Universal Health Services, Inc. has a 12-month low of $152.33 and a 12-month high of $243.25. The company has a market cap of $11.80 billion, a PE ratio of 9.77, a PEG ratio of 0.77 and a beta of 1.24. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.19 and a current ratio of 1.29.

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 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 business had revenue of $4.28 billion for the quarter, compared to the consensus estimate of $4.24 billion. During the same period in the previous year, the business earned $4.31 earnings per share. The business's revenue was up 9.6% on a year-over-year basis. Universal Health Services has set its FY 2025 guidance at 20.000-21.000 EPS. Analysts expect that Universal Health Services, Inc. will post 15.92 earnings per share for the current fiscal year.

Universal Health Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd will be given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 0.4%. The ex-dividend date is Tuesday, September 2nd. Universal Health Services's payout ratio is presently 4.21%.

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.