Deutsche Bank AG Has $51 Million Holdings in Universal Health Services, Inc. (NYSE:UHS)

Key Points

• Deutsche Bank AG increased its stake in Universal Health Services by 6.1% during Q1, now holding approximately 0.42% of the company valued at $50.99 million.
• A variety of analysts have recently downgraded Universal Health Services, with Baird R W changing its rating from "strong-buy" to "hold" and Bank of America lowering its price target from $215 to $185.
• Universal Health Services has declared a quarterly dividend of $0.20 per share, resulting in an annualized yield of 0.5%, to be paid on September 16th.

Deutsche Bank AG increased its position in Universal Health Services, Inc. (NYSE:UHS - Free Report) by 6.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 271,393 shares of the health services provider's stock after purchasing an additional 15,565 shares during the quarter. Deutsche Bank AG owned 0.42% of Universal Health Services worth $50,995,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in UHS. Sentry Investment Management LLC bought a new stake in shares of Universal Health Services in the first quarter worth $35,000. UMB Bank n.a. increased its position in shares of Universal Health Services by 49.3% in the 1st 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. increased its position in shares of Universal Health Services by 89.7% in the 1st 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. CX Institutional acquired a new stake in shares of Universal Health Services in the 1st quarter valued at about $74,000. Finally, Harvest Fund Management Co. Ltd lifted its position in shares of Universal Health Services by 1,872.0% during the first quarter. Harvest Fund Management Co. Ltd now owns 493 shares of the health services provider's stock worth $92,000 after purchasing an additional 468 shares during the last quarter. Hedge funds and other institutional investors own 86.05% of the company's stock.

Universal Health Services Price Performance

Shares of UHS stock traded up $3.20 during mid-day trading on Wednesday, hitting $178.41. 777,125 shares of the stock traded hands, compared to its average volume of 1,086,254. Universal Health Services, Inc. has a twelve month low of $152.33 and a twelve month 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. The company's 50-day simple moving average is $173.85 and its 200-day simple moving average is $178.99. The firm has a market cap of $11.60 billion, a price-to-earnings ratio of 9.39, a price-to-earnings-growth ratio of 0.72 and a beta of 1.24.

Universal Health Services (NYSE:UHS - Get Free Report) last issued 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. The firm had revenue of $4.28 billion for the quarter, compared to analysts' expectations of $4.24 billion. Universal Health Services had a net margin of 7.66% and a return on equity of 18.25%. Universal Health Services's revenue for the quarter was up 9.6% compared to the same quarter last year. During the same period in the previous year, the business earned $4.31 earnings per share. As a group, equities research analysts expect that Universal Health Services, Inc. will post 15.92 earnings per share for the current year.

Universal Health Services Announces Dividend

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

Analyst Ratings Changes

Several analysts recently weighed in on the company. Royal Bank Of Canada lowered their price objective on Universal Health Services from $211.00 to $201.00 and set a "sector perform" rating for the company in a report on Wednesday, April 30th. UBS Group set a $227.00 price target on Universal Health Services in a report on Wednesday, July 30th. Robert W. Baird reissued a "neutral" rating and set a $224.00 price target (down from $274.00) on shares of Universal Health Services in a research report on Tuesday, April 15th. Baird R W cut Universal Health Services from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 15th. Finally, Stephens raised shares of Universal Health Services to a "hold" rating in a report on Monday, June 2nd. One analyst has rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Universal Health Services currently has an average rating of "Hold" and an average target price of $216.54.

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.