Universal Health Services, Inc. $UHS Holdings Reduced by Teza Capital Management LLC

Key Points

• Teza Capital Management LLC significantly reduced its stake in Universal Health Services, Inc. by 63.9%, holding 3,578 shares worth $672,000 after selling 6,346 shares in the first quarter.
• Universal Health Services surpassed earnings estimates with $5.35 earnings per share, compared to the consensus estimate of $4.85, and reported a 9.6% year-over-year revenue increase to $4.28 billion.
• The company announced a $0.20 quarterly dividend, with an ex-dividend date of September 2nd, which translates to an annualized yield of 0.4%.

Teza Capital Management LLC trimmed its holdings in Universal Health Services, Inc. (NYSE:UHS - Free Report) by 63.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,578 shares of the health services provider's stock after selling 6,346 shares during the period. Teza Capital Management LLC's holdings in Universal Health Services were worth $672,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also made changes to their positions in UHS. AQR Capital Management LLC lifted its position in shares of Universal Health Services by 57.8% in the first quarter. AQR Capital Management LLC now owns 931,355 shares of the health services provider's stock valued at $173,381,000 after acquiring an additional 340,966 shares in the last quarter. Ameriprise Financial Inc. boosted its position in shares of Universal Health Services by 329.4% during the first quarter. Ameriprise Financial Inc. now owns 404,806 shares of the health services provider's stock valued at $76,081,000 after buying an additional 310,531 shares during the period. Twinbeech Capital LP boosted its position in Universal Health Services by 1,151.1% during the 4th quarter. Twinbeech Capital LP now owns 152,454 shares of the health services provider's stock valued at $27,353,000 after acquiring an additional 140,268 shares in the last quarter. GAMMA Investing LLC boosted its position in Universal Health Services by 16,935.6% during the first quarter. GAMMA Investing LLC now owns 138,670 shares of the health services provider's stock valued at $26,056,000 after purchasing an additional 137,856 shares in the last quarter. Finally, Nuveen LLC purchased a new position in Universal Health Services in the first quarter valued at about $25,555,000. 86.05% of the stock is currently owned by hedge funds and other institutional investors.

Universal Health Services Trading Up 0.3%

NYSE UHS traded up $0.57 on Friday, reaching $191.36. The stock had a trading volume of 277,328 shares, compared to its average volume of 831,900. The firm has a market capitalization of $12.18 billion, a price-to-earnings ratio of 10.08, a P/E/G ratio of 0.77 and a beta of 1.28. The company has a quick ratio of 1.19, a current ratio of 1.29 and a debt-to-equity ratio of 0.64. Universal Health Services, Inc. has a 12-month low of $152.33 and a 12-month high of $243.25. The stock has a fifty day moving average price of $176.24 and a two-hundred day moving average price of $178.62.

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 EPS for the quarter, topping the consensus estimate of $4.85 by $0.50. Universal Health Services had a net margin of 7.66% and a return on equity of 18.25%. The business had revenue of $4.28 billion during the quarter, compared to the consensus estimate of $4.24 billion. During the same quarter in the previous year, the firm posted $4.31 earnings per share. The company's quarterly 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. As a group, sell-side analysts forecast that Universal Health Services, Inc. will post 15.92 EPS for the current fiscal year.

Universal Health Services Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 16th. Shareholders 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 dividend on an annualized basis and a yield of 0.4%. Universal Health Services's dividend payout ratio (DPR) is 4.21%.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the company. Stephens raised Universal Health Services to a "hold" rating in a research report on Monday, June 2nd. Robert W. Baird dropped their target price 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. JPMorgan Chase & Co. dropped 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. Wall Street Zen raised Universal Health Services from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 23rd. Finally, Cantor Fitzgerald reaffirmed a "neutral" rating and set a $227.00 price target on shares of Universal Health Services in a research report on Tuesday, August 26th. Four research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $214.77.

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.