Universal Health Services, Inc. $UHS Shares Bought by OMERS ADMINISTRATION Corp

Key Points

• OMERS Administration Corp increased its ownership in Universal Health Services, Inc. by 43.9%, acquiring an additional 3,662 shares during the 1st quarter, bringing total holdings to 12,001 shares worth approximately $2.25 million.
• Analysts have varied opinions on Universal Health Services, with a current consensus rating of "Hold" and a price target averaging $214.77.
• Universal Health Services reported earnings of $5.35 EPS for the last quarter, exceeding expectations, and announced a quarterly dividend of $0.20 per share to be paid on September 16th.

OMERS ADMINISTRATION Corp raised its stake in shares of Universal Health Services, Inc. (NYSE:UHS - Free Report) by 43.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,001 shares of the health services provider's stock after purchasing an additional 3,662 shares during the period. OMERS ADMINISTRATION Corp's holdings in Universal Health Services were worth $2,255,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Invesco Ltd. lifted its stake in shares of Universal Health Services by 6.0% in the first 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 in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Universal Health Services by 9.0% during the first quarter. Dimensional Fund Advisors LP now owns 1,241,738 shares of the health services provider's stock valued at $233,311,000 after acquiring an additional 102,137 shares during the last quarter. American Century Companies Inc. raised its stake in shares of Universal Health Services by 1.7% in 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 raised its stake in shares of Universal Health Services by 7.6% in the 4th quarter. Northern Trust Corp now owns 596,280 shares of the health services provider's stock valued at $106,985,000 after acquiring an additional 42,088 shares during the period. Finally, Bank of New York Mellon Corp raised its stake in shares of Universal Health Services by 3.5% in the 1st quarter. Bank of New York Mellon Corp now owns 504,804 shares of the health services provider's stock valued at $94,853,000 after acquiring an additional 16,900 shares during the period. 86.05% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

UHS has been the topic of a number of research analyst reports. 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 note on Monday, August 4th. 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 note on Thursday, August 14th. Cantor Fitzgerald reaffirmed a "neutral" rating and set a $227.00 target price on shares of Universal Health Services in a research note on Tuesday, August 26th. UBS Group set a $227.00 target price on shares of Universal Health Services in a research note on Wednesday, July 30th. Finally, Barclays upped 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 note on Wednesday, July 30th. Four analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Universal Health Services currently has a consensus rating of "Hold" and an average price target of $214.77.

Universal Health Services Stock Up 2.3%

Shares of NYSE UHS traded up $4.17 during mid-day trading on Thursday, reaching $185.74. The company had a trading volume of 306,729 shares, compared to its average volume of 836,128. The company has a current ratio of 1.29, a quick ratio of 1.19 and a debt-to-equity ratio of 0.64. The firm has a 50 day simple moving average of $175.87 and a two-hundred day simple moving average of $178.40. The stock has a market cap of $11.82 billion, a P/E ratio of 9.76, a PEG ratio of 0.75 and a beta of 1.28. Universal Health Services, Inc. has a 52-week low of $152.33 and a 52-week high of $243.25.

Universal Health Services (NYSE:UHS - Get Free Report) last posted its earnings results on Monday, July 28th. The health services provider reported $5.35 EPS for the quarter, beating 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 was up 9.6% on a year-over-year basis. During the same period last year, the firm posted $4.31 EPS. Universal Health Services has set its FY 2025 guidance at 20.000-21.000 EPS. Sell-side analysts predict that Universal Health Services, Inc. will post 15.92 earnings per share for the current year.

Universal Health Services Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd will be paid a dividend of $0.20 per share. 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 dividend payout ratio is currently 4.21%.

About Universal Health Services

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.