UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Sells 18,364 Shares of Universal Health Services, Inc. $UHS

Key Points

• UBS AM reduced its stake in Universal Health Services, Inc. by 6.2%, now owning approximately 0.43% of the company, valued at around $52.35 million.
• Universal Health Services reported earnings of $5.35 per share, exceeding analysts’ estimates of $4.85, and achieved revenue of $4.28 billion for the quarter.
• The company recently declared a quarterly dividend of $0.20 per share, with an annualized dividend yield of 0.4% and an ex-dividend date set for September 2nd.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC reduced its stake in Universal Health Services, Inc. (NYSE:UHS - Free Report) by 6.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 278,629 shares of the health services provider's stock after selling 18,364 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned about 0.43% of Universal Health Services worth $52,354,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the stock. Invesco Ltd. increased its stake in Universal Health Services by 6.0% in the 1st quarter. Invesco Ltd. now owns 1,315,468 shares of the health services provider's stock worth $247,176,000 after purchasing an additional 74,128 shares during the period. Dimensional Fund Advisors LP increased its stake in 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. AQR Capital Management LLC increased its stake in Universal Health Services by 57.8% in the 1st quarter. AQR Capital Management LLC now owns 931,355 shares of the health services provider's stock worth $173,381,000 after purchasing an additional 340,966 shares during the period. American Century Companies Inc. increased its stake in 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 worth $119,240,000 after purchasing an additional 10,449 shares during the period. Finally, Bank of New York Mellon Corp increased its stake in 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 worth $94,853,000 after purchasing an additional 16,900 shares during the period. 86.05% of the stock is owned by hedge funds and other institutional investors.

Universal Health Services Stock Up 0.3%

Shares of NYSE UHS traded up $0.52 during mid-day trading on Friday, hitting $188.63. 1,396,397 shares of the stock traded hands, compared to its average volume of 651,998. 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 52 week low of $152.33 and a 52 week high of $243.25. The company has a market cap of $12.00 billion, a price-to-earnings ratio of 9.93, a PEG ratio of 0.78 and a beta of 1.28. The stock has a fifty day moving average price of $176.70 and a 200-day moving average price of $179.00.

Universal Health Services (NYSE:UHS - Get Free Report) last released its quarterly earnings results on Monday, July 28th. The health services provider reported $5.35 earnings per share for the quarter, beating the consensus estimate 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 company had revenue of $4.28 billion for the quarter, compared to analyst estimates of $4.24 billion. During the same period in the previous year, the company posted $4.31 earnings per share. The firm's revenue was up 9.6% on a year-over-year basis. Universal Health Services has set its FY 2025 guidance at 20.000-21.000 EPS. Research analysts anticipate that Universal Health Services, Inc. will post 15.92 EPS for the current year.

Universal Health Services Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd were issued a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Tuesday, September 2nd. Universal Health Services's payout ratio is 4.21%.

Analysts Set New Price Targets

UHS has been the topic of a number of analyst reports. Wall Street Zen cut Universal Health Services from a "strong-buy" rating to a "buy" rating in a research note on Saturday, September 13th. Barclays reduced their target price on Universal Health Services from $259.00 to $250.00 and set an "overweight" rating on the stock in a research note on Thursday. Royal Bank Of Canada boosted their target price on Universal Health Services from $201.00 to $206.00 and gave the company a "sector perform" rating in a research note on Tuesday, August 19th. Robert W. Baird reduced their target price on Universal Health Services from $243.00 to $203.00 and set a "neutral" rating on the stock in a research note on Thursday, August 14th. Finally, JPMorgan Chase & Co. reduced their target price on 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. Four equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, Universal Health Services presently has an average rating of "Hold" and an average price target of $214.08.

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.