VIRGINIA RETIREMENT SYSTEMS ET Al Purchases New Position in Universal Health Services, Inc. $UHS

Key Points

• Virginia Retirement Systems ET Al has acquired a new position in Universal Health Services, purchasing 482,322 shares valued at approximately $87.37 million, representing about 0.74% ownership of the company.
• Universal Health Services reported a quarterly earnings per share (EPS) of $5.35, exceeding analysts' expectations, with revenue increasing by 9.6% compared to the previous year.
• Institutional investors and hedge funds now hold 86.05% of Universal Health Services' stock, highlighting significant interest from large financial entities.

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Universal Health Services, Inc. (NYSE:UHS - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 482,322 shares of the health services provider's stock, valued at approximately $87,373,000. VIRGINIA RETIREMENT SYSTEMS ET Al owned approximately 0.74% of Universal Health Services at the end of the most recent quarter.

Several other large investors have also modified their holdings of UHS. AQR Capital Management LLC raised its stake in Universal Health Services by 57.8% during the 1st quarter. AQR Capital Management LLC now owns 931,355 shares of the health services provider's stock worth $173,381,000 after acquiring an additional 340,966 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in shares of Universal Health Services by 329.4% during the first quarter. Ameriprise Financial Inc. now owns 404,806 shares of the health services provider's stock worth $76,081,000 after purchasing an additional 310,531 shares during the last quarter. Nuveen LLC acquired a new stake in shares of Universal Health Services during the first quarter worth about $25,555,000. Assenagon Asset Management S.A. lifted its holdings in shares of Universal Health Services by 119.5% in the 2nd quarter. Assenagon Asset Management S.A. now owns 241,164 shares of the health services provider's stock valued at $43,687,000 after purchasing an additional 131,305 shares during the last quarter. Finally, Canada Pension Plan Investment Board lifted its holdings in shares of Universal Health Services by 113.5% in the 1st quarter. Canada Pension Plan Investment Board now owns 242,500 shares of the health services provider's stock valued at $45,566,000 after purchasing an additional 128,900 shares during the last quarter. Institutional investors and hedge funds own 86.05% of the company's stock.

Universal Health Services Stock Up 0.1%

Shares of Universal Health Services stock opened at $204.48 on Friday. Universal Health Services, Inc. has a one year low of $152.33 and a one year high of $240.26. The company has a market cap of $13.01 billion, a P/E ratio of 10.77, a PEG ratio of 0.84 and a beta of 1.30. 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 firm has a fifty day moving average of $191.08 and a two-hundred day moving average of $182.34.

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 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.85 by $0.50. The business had revenue of $4.28 billion for the quarter, compared to analyst estimates of $4.24 billion. Universal Health Services had a net margin of 7.66% and a return on equity of 18.25%. The business's revenue was up 9.6% compared to the same quarter last year. During the same period in the previous year, the business posted $4.31 earnings per share. Universal Health Services has set its FY 2025 guidance at 20.000-21.000 EPS. On average, analysts forecast that Universal Health Services, Inc. will post 15.92 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have commented on the company. Royal Bank Of Canada lifted their price target on Universal Health Services from $201.00 to $206.00 and gave the stock a "sector perform" rating in a research report on Tuesday, August 19th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Universal Health Services in a report on Wednesday, October 8th. The Goldman Sachs Group began coverage on shares of Universal Health Services in a research note on Tuesday. They set a "neutral" rating and a $219.00 price target for the company. Robert W. Baird dropped their price objective on shares of Universal Health Services from $243.00 to $203.00 and set a "neutral" rating on the stock in a research note on Thursday, August 14th. Finally, Cantor Fitzgerald reaffirmed a "neutral" rating and issued a $227.00 target price on shares of Universal Health Services in a report on Tuesday, October 7th. Four investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $218.69.

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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