United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Buys 31,296 Shares of Universal Health Services, Inc. $UHS

Key Points

• United Super Pty Ltd boosted its stake in Universal Health Services by 549.1% in the fourth quarter, buying 31,296 additional shares and bringing its total holding to 36,996 shares worth about $8.07 million.
• Universal Health Services reported better-than-expected quarterly results, with EPS of $5.62 versus estimates of $5.41 and revenue of $4.50 billion versus estimates of $4.39 billion; revenue rose 9.6% year over year.
• Despite the earnings beat, analysts remain cautious: the stock has an overall Hold rating and an average price target of $221.56, while shares recently traded near $150.04, close to their 52-week low.

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund grew its stake in shares of Universal Health Services, Inc. (NYSE:UHS - Free Report) by 549.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 36,996 shares of the health services provider's stock after acquiring an additional 31,296 shares during the quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund owned about 0.06% of Universal Health Services worth $8,066,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Elyxium Wealth LLC bought a new stake in shares of Universal Health Services during the 4th quarter worth $25,000. Harbor Capital Advisors Inc. acquired a new position in Universal Health Services in the 4th quarter worth about $26,000. SBI Securities Co. Ltd. increased its holdings in Universal Health Services by 320.0% in the 3rd quarter. SBI Securities Co. Ltd. now owns 126 shares of the health services provider's stock worth $26,000 after purchasing an additional 96 shares in the last quarter. Founders Capital Management acquired a new position in Universal Health Services in the 4th quarter worth about $28,000. Finally, Larson Financial Group LLC increased its holdings in Universal Health Services by 302.9% in the 4th quarter. Larson Financial Group LLC now owns 141 shares of the health services provider's stock worth $31,000 after purchasing an additional 106 shares in the last quarter. 86.05% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on UHS shares. Weiss Ratings cut Universal Health Services from a "hold (c+)" rating to a "hold (c)" rating in a report on Wednesday. Stephens decreased their price target on Universal Health Services from $235.00 to $205.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 29th. Mizuho decreased their price target on Universal Health Services from $267.00 to $230.00 and set an "outperform" rating for the company in a research note on Wednesday, April 29th. Wells Fargo & Company decreased their price target on Universal Health Services from $235.00 to $212.00 and set an "equal weight" rating for the company in a research note on Monday, March 2nd. Finally, Royal Bank Of Canada decreased their price target on Universal Health Services from $216.00 to $190.00 and set a "sector perform" rating for the company in a research note on Wednesday, April 29th. Six research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Universal Health Services presently has an average rating of "Hold" and an average price target of $221.56.

Universal Health Services Stock Down 2.8%

Shares of NYSE:UHS opened at $150.04 on Friday. The business's 50 day simple moving average is $174.81 and its two-hundred day simple moving average is $202.58. The firm has a market cap of $9.08 billion, a P/E ratio of 6.25, a PEG ratio of 0.74 and a beta of 1.13. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.01 and a current ratio of 1.08. Universal Health Services, Inc. has a 52-week low of $149.15 and a 52-week high of $246.32.

Universal Health Services (NYSE:UHS - Get Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The health services provider reported $5.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.41 by $0.21. The business had revenue of $4.50 billion for the quarter, compared to analyst estimates of $4.39 billion. Universal Health Services had a return on equity of 19.57% and a net margin of 8.56%.The company's quarterly revenue was up 9.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $4.84 earnings per share. As a group, research analysts forecast that Universal Health Services, Inc. will post 23.34 EPS for the current fiscal year.

Universal Health Services Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Monday, June 8th will be issued a $0.20 dividend. The ex-dividend date is Monday, June 8th. This represents a $0.80 annualized dividend and a yield of 0.5%. Universal Health Services's dividend payout ratio is presently 3.33%.

Universal Health Services Company Profile

Universal Health Services, Inc NYSE: UHS is one of the largest diversified health care management companies in the United States, offering a broad spectrum of services through its acute care hospital and behavioral health segments. The company operates general acute care hospitals, surgical hospitals and ambulatory centers, as well as inpatient and outpatient behavioral health facilities. Its network provides emergency and specialized medicine, diagnostic imaging, laboratory services, advanced surgical care and rehabilitation, complemented by a comprehensive array of behavioral services including psychiatric treatment, addiction programs and developmental disabilities care.

In the acute care segment, UHS's facilities deliver services ranging from emergency department treatment and intensive care to maternity care and outpatient surgery.

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