Nuveen LLC Takes $25.56 Million Position in Universal Health Services, Inc. $UHS

Nuveen LLC purchased a new stake in Universal Health Services, Inc. (NYSE:UHS - Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 136,005 shares of the health services provider's stock, valued at approximately $25,555,000. Nuveen LLC owned approximately 0.21% of Universal Health Services at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in UHS. Invesco Ltd. boosted its position in 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 period. Covestor Ltd boosted its position in Universal Health Services by 19.5% during the 1st quarter. Covestor Ltd now owns 704 shares of the health services provider's stock worth $133,000 after buying an additional 115 shares during the period. Measured Wealth Private Client Group LLC boosted its position in Universal Health Services by 42.8% during the 1st quarter. Measured Wealth Private Client Group LLC now owns 4,012 shares of the health services provider's stock worth $754,000 after buying an additional 1,202 shares during the period. Townsquare Capital LLC boosted its position in Universal Health Services by 36.9% during the 1st quarter. Townsquare Capital LLC now owns 3,119 shares of the health services provider's stock worth $586,000 after buying an additional 840 shares during the period. Finally, Zions Bancorporation National Association UT acquired a new stake in Universal Health Services during the 1st quarter worth approximately $30,000. 86.05% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Wells Fargo & Company cut their target price on shares of Universal Health Services from $225.00 to $210.00 and set an "overweight" rating on the stock in a research report on Thursday, August 14th. Stephens upgraded shares of Universal Health Services to a "hold" rating in a research report on Monday, June 2nd. JPMorgan Chase & Co. cut their target price 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. UBS Group set a $227.00 target price on shares of Universal Health Services in a research report on Wednesday, July 30th. Finally, Barclays lifted their target price on shares of Universal Health Services from $257.00 to $259.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 30th. Five equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $214.15.

Universal Health Services Trading Up 0.6%

Shares of NYSE UHS traded up $1.1650 during midday trading on Friday, reaching $185.1150. The stock had a trading volume of 118,704 shares, compared to its average volume of 841,655. The firm has a market cap of $11.78 billion, a price-to-earnings ratio of 9.78, a price-to-earnings-growth ratio of 0.76 and a beta of 1.24. Universal Health Services, Inc. has a twelve month low of $152.33 and a twelve month high of $243.25. 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's 50 day moving average price is $174.08 and its 200 day moving average price is $178.65.

Universal Health Services (NYSE:UHS - Get Free Report) last issued 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. The firm had revenue of $4.28 billion for the quarter, compared to the consensus estimate of $4.24 billion. Universal Health Services had a net margin of 7.66% and a return on equity of 18.25%. The company's revenue for the quarter was up 9.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $4.31 EPS. Universal Health Services has set its FY 2025 guidance at 20.000-21.000 EPS. As a group, sell-side analysts expect that Universal Health Services, Inc. will post 15.92 EPS for the current year.

Universal Health Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd will be paid a $0.20 dividend. The ex-dividend date is Tuesday, September 2nd. This represents a $0.80 annualized dividend and a dividend 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.