Universal Health Services, Inc. $UHS Shares Acquired by Raymond James Financial Inc.

Key Points

• Raymond James Financial Inc. increased its stake in Universal Health Services by 5.2%, owning approximately 171,792 shares worth $32.28 million by the end of the reporting period.
• For the latest quarter, Universal Health Services reported earnings of $5.35 per share, exceeding expectations, with revenue of $4.28 billion, a 9.6% increase from the previous year.
• The company declared a quarterly dividend of $0.20 per share, with a scheduled payment date of September 16 and an annualized yield of 0.4%.

Raymond James Financial Inc. lifted its stake in shares of Universal Health Services, Inc. (NYSE:UHS - Free Report) by 5.2% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 171,792 shares of the health services provider's stock after buying an additional 8,483 shares during the quarter. Raymond James Financial Inc. owned approximately 0.26% of Universal Health Services worth $32,280,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. UMB Bank n.a. boosted 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 valued at $38,000 after purchasing an additional 67 shares in the last quarter. Coldstream Capital Management Inc. boosted its holdings in Universal Health Services by 5.9% in the fourth quarter. Coldstream Capital Management Inc. now owns 1,266 shares of the health services provider's stock valued at $227,000 after purchasing an additional 71 shares in the last quarter. MetLife Investment Management LLC boosted its holdings in Universal Health Services by 0.5% in the fourth quarter. MetLife Investment Management LLC now owns 15,512 shares of the health services provider's stock valued at $2,783,000 after purchasing an additional 80 shares in the last quarter. HighTower Advisors LLC boosted its holdings in Universal Health Services by 0.6% in the first quarter. HighTower Advisors LLC now owns 13,328 shares of the health services provider's stock valued at $2,504,000 after purchasing an additional 81 shares in the last quarter. Finally, IFP Advisors Inc boosted its holdings in Universal Health Services by 6.7% in the first quarter. IFP Advisors Inc now owns 1,315 shares of the health services provider's stock valued at $247,000 after purchasing an additional 82 shares in the last quarter. 86.05% of the stock is owned by institutional investors and hedge funds.

Universal Health Services Price Performance

UHS stock opened at $185.4380 on Friday. The company has a market capitalization of $11.80 billion, a P/E ratio of 9.77, a PEG ratio of 0.77 and a beta of 1.24. Universal Health Services, Inc. has a twelve month low of $152.33 and a twelve month high of $243.25. The business has a 50 day simple moving average of $174.37 and a 200-day simple moving average of $178.50. The company has a current ratio of 1.29, a quick ratio of 1.19 and a debt-to-equity ratio of 0.64.

Universal Health Services (NYSE:UHS - Get Free Report) last posted its quarterly earnings data 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. 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 return on equity of 18.25% and a net margin of 7.66%.The company's revenue was up 9.6% compared to the same quarter last year. During the same period in the prior year, the company earned $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 anticipate that Universal Health Services, Inc. will post 15.92 EPS for the current 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 issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Tuesday, September 2nd. This represents a $0.80 annualized dividend and a dividend yield of 0.4%. Universal Health Services's dividend payout ratio (DPR) is currently 4.21%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. Wall Street Zen raised Universal Health Services from a "buy" rating to a "strong-buy" rating in a report on Saturday. Barclays upped their price target on Universal Health Services from $257.00 to $259.00 and gave the company an "overweight" rating in a report on Wednesday, July 30th. JPMorgan Chase & Co. lowered their price target on Universal Health Services from $215.00 to $195.00 and set a "neutral" rating for the company in a report on Monday, August 4th. Royal Bank Of Canada upped their price target on Universal Health Services from $201.00 to $206.00 and gave the company a "sector perform" rating in a report on Tuesday, August 19th. Finally, UBS Group set a $227.00 price target on Universal Health Services in a report on Wednesday, July 30th. Five investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, Universal Health Services presently has an average rating of "Hold" and an average target price of $214.15.

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.

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