Universal Health Services, Inc. $UHS Holdings Reduced by Martingale Asset Management L P

Key Points

• Martingale Asset Management L P reduced its stake in Universal Health Services by 40.8%, now holding 43,499 shares valued at approximately $8.17 million.
• The company reported earnings per share (EPS) of $5.35 for the last quarter, exceeding analyst estimates of $4.85 and seeing a 9.6% increase in revenue compared to the same quarter last year.
• Universal Health Services announced a quarterly dividend of $0.20 per share, set to be paid on September 16th, representing a 0.4% yield.

Martingale Asset Management L P lessened its holdings in shares of Universal Health Services, Inc. (NYSE:UHS - Free Report) by 40.8% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 43,499 shares of the health services provider's stock after selling 29,946 shares during the quarter. Martingale Asset Management L P owned approximately 0.07% of Universal Health Services worth $8,173,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Capital Fund Management S.A. lifted its position in Universal Health Services by 21.1% during the first quarter. Capital Fund Management S.A. now owns 83,332 shares of the health services provider's stock worth $15,658,000 after buying an additional 14,533 shares during the period. Humankind Investments LLC lifted its holdings in shares of Universal Health Services by 12.8% during the 1st quarter. Humankind Investments LLC now owns 1,857 shares of the health services provider's stock worth $349,000 after acquiring an additional 210 shares during the period. Credit Agricole S A boosted its position in shares of Universal Health Services by 2.3% in the first quarter. Credit Agricole S A now owns 17,444 shares of the health services provider's stock worth $3,278,000 after acquiring an additional 390 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. increased its position in Universal Health Services by 43.7% during the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 3,587 shares of the health services provider's stock worth $673,000 after purchasing an additional 1,091 shares during the last quarter. Finally, Hsbc Holdings PLC boosted its holdings in shares of Universal Health Services by 3.4% in the 1st quarter. Hsbc Holdings PLC now owns 122,163 shares of the health services provider's stock valued at $22,913,000 after purchasing an additional 4,019 shares during the last quarter. Hedge funds and other institutional investors own 86.05% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. Royal Bank Of Canada increased their target price on Universal Health Services from $201.00 to $206.00 and gave the stock a "sector perform" rating in a research report on Tuesday, August 19th. UBS Group set a $227.00 price objective on Universal Health Services in a research note on Wednesday, July 30th. Bank of America cut Universal Health Services from a "neutral" rating to an "underperform" rating and decreased their target price for the stock from $215.00 to $185.00 in a report on Wednesday, July 16th. JPMorgan Chase & Co. dropped their target price on shares of 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. Finally, Robert W. Baird reduced their price target on shares of Universal Health Services from $243.00 to $203.00 and set a "neutral" rating on the stock in a research report on Thursday, August 14th. Five 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. Based on data from MarketBeat.com, Universal Health Services presently has a consensus rating of "Hold" and an average price target of $214.15.

Universal Health Services Stock Up 0.8%

Shares of UHS stock traded up $1.4880 during mid-day trading on Friday, reaching $185.4380. 627,249 shares of the company were exchanged, compared to its average volume of 933,885. The company has a market capitalization of $11.80 billion, a P/E ratio of 9.77, a P/E/G ratio of 0.77 and a beta of 1.24. Universal Health Services, Inc. has a fifty-two week low of $152.33 and a fifty-two week high of $243.25. The business's 50 day simple moving average is $174.37 and its 200 day simple moving average is $178.43. 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 issued its earnings results on Monday, July 28th. The health services provider reported $5.35 EPS for the quarter, topping the consensus estimate of $4.85 by $0.50. The company had revenue of $4.28 billion during the quarter, compared to analyst estimates of $4.24 billion. Universal Health Services had a return on equity of 18.25% and a net margin of 7.66%.The business's revenue was up 9.6% on a year-over-year basis. During the same quarter last year, the firm earned $4.31 EPS. Universal Health Services has set its FY 2025 guidance at 20.000-21.000 EPS. Research analysts predict that Universal Health Services, Inc. will post 15.92 earnings per share for the current year.

Universal Health Services Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd will be issued a $0.20 dividend. The ex-dividend date of this dividend is Tuesday, September 2nd. This represents a $0.80 annualized dividend and a dividend yield of 0.4%. Universal Health Services's dividend payout ratio (DPR) is 4.21%.

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.