Teza Capital Management LLC Trims Stake in Universal Health Services, Inc. $UHS

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 lowered its stake in Universal Health Services, Inc. (NYSE:UHS - Free Report) by 63.9% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,578 shares of the health services provider's stock after selling 6,346 shares during the quarter. Teza Capital Management LLC's holdings in Universal Health Services were worth $672,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Stifel Financial Corp raised its holdings in Universal Health Services by 21.9% in the 4th quarter. Stifel Financial Corp now owns 4,880 shares of the health services provider's stock valued at $876,000 after acquiring an additional 878 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in Universal Health Services by 82.8% in the 4th quarter. Ameriprise Financial Inc. now owns 94,275 shares of the health services provider's stock valued at $16,916,000 after acquiring an additional 42,714 shares during the last quarter. BOKF NA acquired a new position in Universal Health Services in the 4th quarter valued at $539,000. Cetera Investment Advisers raised its holdings in Universal Health Services by 30.6% in the 4th quarter. Cetera Investment Advisers now owns 12,858 shares of the health services provider's stock valued at $2,307,000 after acquiring an additional 3,011 shares during the last quarter. Finally, Crestline Management LP acquired a new position in Universal Health Services in the 4th quarter valued at $253,000. Hedge funds and other institutional investors own 86.05% of the company's stock.

Universal Health Services Trading Up 2.5%

Shares of UHS opened at $190.41 on Friday. 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 market capitalization of $12.12 billion, a P/E ratio of 10.03, a price-to-earnings-growth ratio of 0.78 and a beta of 1.28. The stock's fifty day simple moving average is $176.27 and its 200 day simple moving average is $178.45. Universal Health Services, Inc. has a twelve month low of $152.33 and a twelve month high of $243.25.

Universal Health Services (NYSE:UHS - Get Free Report) last issued its earnings results on Monday, July 28th. The health services provider reported $5.35 earnings per share for the quarter, topping the consensus estimate of $4.85 by $0.50. The business had revenue of $4.28 billion for 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 quarterly revenue was up 9.6% on a year-over-year basis. During the same period last year, the company posted $4.31 EPS. Universal Health Services has set its FY 2025 guidance at 20.000-21.000 EPS. On average, equities research analysts forecast that Universal Health Services, Inc. will post 15.92 earnings per share for the current year.

Universal Health Services Dividend Announcement

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

Analyst Upgrades and Downgrades

Several brokerages have weighed in on UHS. Stephens upgraded Universal Health Services to a "hold" rating in a report on Monday, June 2nd. Wall Street Zen upgraded Universal Health Services from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 23rd. Royal Bank Of Canada boosted their price target on Universal Health Services from $201.00 to $206.00 and gave the company a "sector perform" rating in a report on Tuesday, August 19th. Bank of America downgraded Universal Health Services from a "neutral" rating to an "underperform" rating and cut their price target for the company from $215.00 to $185.00 in a report on Wednesday, July 16th. Finally, Barclays boosted their price target on Universal Health Services from $257.00 to $259.00 and gave the company an "overweight" rating in a report on Wednesday, July 30th. Four analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $214.77.

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.

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