Universal Health Services, Inc. $UHS Shares Acquired by California State Teachers Retirement System

Key Points

• California State Teachers Retirement System increased its Universal Health Services stake by 13,398.3% to 8.82 million shares, representing approximately 14.97% of the company and a reported value of $1.31 billion. Institutional investors collectively own 86.05% of UHS.
• Analyst sentiment remains mixed: five analysts rate UHS a Buy and twelve rate it a Hold, producing an overall “Hold” rating and an average price target of $204.93. Recent firms lowered their targets, with estimates ranging from $183 to $197 among several analysts.
• UHS reported quarterly EPS of $5.98, exceeding estimates by $0.04, while revenue rose 8.3% year over year to $4.64 billion. The company also declared a quarterly dividend of $0.20 per share, equivalent to a 0.5% annualized yield.

California State Teachers Retirement System increased its position in shares of Universal Health Services, Inc. (NYSE:UHS - Free Report) by 13,398.3% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 8,822,521 shares of the health services provider's stock after buying an additional 8,757,161 shares during the period. California State Teachers Retirement System owned about 14.97% of Universal Health Services worth $1,311,821,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in UHS. Elyxium Wealth LLC acquired a new position in shares of Universal Health Services in the 4th quarter valued at $25,000. Elevation Wealth Partners LLC raised its stake in Universal Health Services by 503.1% during the 2nd quarter. Elevation Wealth Partners LLC now owns 193 shares of the health services provider's stock worth $29,000 after acquiring an additional 161 shares in the last quarter. CYBER HORNET ETFs LLC acquired a new stake in Universal Health Services during the 2nd quarter worth $29,000. Larson Financial Group LLC lifted its position in Universal Health Services by 302.9% in the fourth quarter. Larson Financial Group LLC now owns 141 shares of the health services provider's stock valued at $31,000 after acquiring an additional 106 shares during the last quarter. Finally, CENTRAL TRUST Co lifted its position in Universal Health Services by 107.1% in the first quarter. CENTRAL TRUST Co now owns 174 shares of the health services provider's stock valued at $31,000 after acquiring an additional 90 shares during the last quarter. Institutional investors and hedge funds own 86.05% of the company's stock.

Wall Street Analyst Weigh In

UHS has been the subject of several research analyst reports. Morgan Stanley decreased their price objective on Universal Health Services from $212.00 to $191.00 and set an "equal weight" rating for the company in a report on Wednesday, July 29th. The Goldman Sachs Group reduced their price target on shares of Universal Health Services from $242.00 to $190.00 and set a "neutral" rating for the company in a research report on Thursday, July 30th. Royal Bank Of Canada reiterated a "sector perform" rating and set a $183.00 price target on shares of Universal Health Services in a research note on Thursday, August 20th. TD Cowen lowered their price objective on shares of Universal Health Services from $230.00 to $197.00 and set a "buy" rating on the stock in a research report on Monday, June 22nd. Finally, Guggenheim dropped their price objective on shares of Universal Health Services from $195.00 to $189.00 and set a "buy" rating on the stock in a research note on Wednesday, July 29th. Five analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company's stock. Based on data from MarketBeat, Universal Health Services has an average rating of "Hold" and an average price target of $204.93.

Universal Health Services Stock Up 1.2%

UHS opened at $174.82 on Friday. The firm has a market cap of $10.30 billion, a P/E ratio of 7.12, a PEG ratio of 0.94 and a beta of 1.06. The business's fifty day simple moving average is $165.65 and its 200 day simple moving average is $169.64. Universal Health Services, Inc. has a 52 week low of $140.08 and a 52 week high of $246.32. The company has a quick ratio of 1.04, a current ratio of 1.12 and a debt-to-equity ratio of 0.54.

Universal Health Services (NYSE:UHS - Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The health services provider reported $5.98 earnings per share for the quarter, topping the consensus estimate of $5.94 by $0.04. Universal Health Services had a net margin of 8.42% and a return on equity of 19.39%. The business had revenue of $4.64 billion for the quarter, compared to analyst estimates of $4.58 billion. During the same period in the prior year, the firm posted $5.35 EPS. The company's revenue was up 8.3% on a year-over-year basis. As a group, equities research analysts anticipate that Universal Health Services, Inc. will post 22.96 EPS for the current fiscal year.

Universal Health Services Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Tuesday, September 1st. Universal Health Services's dividend payout ratio (DPR) is presently 3.26%.

Universal Health Services Company Profile

Universal Health Services, Inc NYSE: UHS is a healthcare services company that owns and operates hospitals, outpatient facilities and other healthcare organizations. Its operations are primarily focused on acute care and behavioral health services, serving patients through a network of hospitals, treatment centers and ambulatory facilities.

The company's acute care activities include general and specialty hospitals that provide services such as emergency care, surgery, inpatient treatment and diagnostic procedures.

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