Martingale Asset Management L P Lowers Stock Holdings in Universal Health Services, Inc. $UHS

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 position in Universal Health Services, Inc. (NYSE:UHS - Free Report) by 40.8% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 43,499 shares of the health services provider's stock after selling 29,946 shares during the period. Martingale Asset Management L P owned approximately 0.07% of Universal Health Services worth $8,173,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the company. Invesco Ltd. lifted its stake in shares of Universal Health Services by 6.0% during the 1st quarter. Invesco Ltd. now owns 1,315,468 shares of the health services provider's stock worth $247,176,000 after buying an additional 74,128 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Universal Health Services by 9.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,241,738 shares of the health services provider's stock worth $233,311,000 after purchasing an additional 102,137 shares during the period. American Century Companies Inc. lifted its position in shares of Universal Health Services by 1.7% during the 1st quarter. American Century Companies Inc. now owns 634,592 shares of the health services provider's stock valued at $119,240,000 after acquiring an additional 10,449 shares during the period. Northern Trust Corp increased its stake in Universal Health Services by 7.6% during the 4th quarter. Northern Trust Corp now owns 596,280 shares of the health services provider's stock valued at $106,985,000 after purchasing an additional 42,088 shares in the last quarter. Finally, AQR Capital Management LLC increased its stake in Universal Health Services by 59.4% during the 4th quarter. AQR Capital Management LLC now owns 590,389 shares of the health services provider's stock valued at $105,928,000 after purchasing an additional 219,942 shares in the last quarter. Institutional investors own 86.05% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have commented on UHS shares. UBS Group set a $227.00 price objective on shares of Universal Health Services in a report on Wednesday, July 30th. Bank of America cut shares of Universal Health Services from a "neutral" rating to an "underperform" rating and decreased their price objective for the stock from $215.00 to $185.00 in a research report on Wednesday, July 16th. Cantor Fitzgerald reiterated a "neutral" rating and set a $227.00 price target on shares of Universal Health Services in a research report on Tuesday. JPMorgan Chase & Co. reduced their price target on shares of Universal Health Services from $215.00 to $195.00 and set a "neutral" rating on the stock in a research report on Monday, August 4th. Finally, Royal Bank Of Canada raised their target price on shares of Universal Health Services from $201.00 to $206.00 and gave the stock a "sector perform" rating in a report on Tuesday, August 19th. Four analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $214.77.

Universal Health Services Trading Up 1.0%

Universal Health Services stock traded up $1.79 during mid-day trading on Wednesday, hitting $183.24. The company's stock had a trading volume of 109,609 shares, compared to its average volume of 840,952. The company has a 50 day moving average of $174.84 and a 200-day moving average of $178.42. The stock has a market cap of $11.66 billion, a PE ratio of 9.63, a P/E/G ratio of 0.76 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, Inc. has a one year low of $152.33 and a one year high of $243.25.

Universal Health Services (NYSE:UHS - Get Free Report) last posted its quarterly earnings results on Monday, July 28th. The health services provider reported $5.35 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 quarter in the prior year, the company earned $4.31 EPS. The business'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. On average, research analysts anticipate that Universal Health Services, Inc. will post 15.92 EPS for the current year.

Universal Health Services Announces Dividend

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