UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Cuts Stake in 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 position in Universal Health Services, Inc. (NYSE:UHS - Free Report) by 6.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 278,629 shares of the health services provider's stock after selling 18,364 shares during the quarter. 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.

Several other institutional investors and hedge funds have also bought and sold shares of UHS. Zions Bancorporation National Association UT purchased a new position in Universal Health Services in the first quarter worth $30,000. Sentry Investment Management LLC purchased a new position in Universal Health Services in the first quarter worth $35,000. UMB Bank n.a. grew its holdings in Universal Health Services by 49.3% in the first quarter. UMB Bank n.a. now owns 203 shares of the health services provider's stock worth $38,000 after purchasing an additional 67 shares during the last quarter. Federated Hermes Inc. grew its holdings in Universal Health Services by 89.7% in the first quarter. Federated Hermes Inc. now owns 258 shares of the health services provider's stock worth $48,000 after purchasing an additional 122 shares during the last quarter. Finally, CX Institutional purchased a new position in Universal Health Services in the first quarter worth $74,000. 86.05% of the stock is owned by hedge funds and other institutional investors.

Universal Health Services Trading Up 0.5%

Shares of Universal Health Services stock opened at $191.80 on Monday. The firm has a 50-day simple moving average of $176.16 and a two-hundred day simple moving average of $178.59. The company has a market cap of $12.21 billion, a P/E ratio of 10.10, a price-to-earnings-growth ratio of 0.79 and a beta of 1.28. Universal Health Services, Inc. has a fifty-two week low of $152.33 and a fifty-two week 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.

Universal Health Services (NYSE:UHS - Get Free Report) last issued its quarterly earnings data on Monday, July 28th. The health services provider reported $5.35 earnings per share for the quarter, topping analysts' consensus estimates of $4.85 by $0.50. The business had revenue of $4.28 billion during 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% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $4.31 earnings per share. Universal Health Services has set its FY 2025 guidance at 20.000-21.000 EPS. As a group, equities analysts predict that Universal Health Services, Inc. will post 15.92 earnings per share for the current fiscal year.

Universal Health Services Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on UHS. Stephens raised shares of Universal Health Services to a "hold" rating in a report on Monday, June 2nd. Royal Bank Of Canada boosted their price objective on shares of Universal Health Services from $201.00 to $206.00 and gave the company a "sector perform" rating in a report on Tuesday, August 19th. JPMorgan Chase & Co. dropped their price objective on shares of Universal Health Services from $215.00 to $195.00 and set a "neutral" rating on the stock in a report on Monday, August 4th. Wall Street Zen lowered shares of Universal Health Services from a "strong-buy" rating to a "buy" rating in a report on Saturday. Finally, UBS Group set a $227.00 price objective on shares of Universal Health Services in a report on Wednesday, July 30th. Four investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average 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.

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