Voya Investment Management LLC Has $30.07 Million Stock Position in Universal Health Services, Inc. $UHS

Key Points

• Voya Investment Management LLC reduced its stake in Universal Health Services, Inc. by 33.3%, holding 160,012 shares worth $30.07 million after selling 79,797 shares in the first quarter.
• Several institutional investors, including UMB Bank n.a., NewEdge Advisors LLC, and HighTower Advisors LLC, modified their positions in Universal Health Services, reflecting changing investor sentiment among firms.
• Universal Health Services reported $5.35 EPS for the quarter, surpassing analyst estimates, alongside a significant 9.6% year-over-year revenue increase to $4.28 billion.

Voya Investment Management LLC lowered its stake in shares of Universal Health Services, Inc. (NYSE:UHS - Free Report) by 33.3% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 160,012 shares of the health services provider's stock after selling 79,797 shares during the quarter. Voya Investment Management LLC owned approximately 0.25% of Universal Health Services worth $30,066,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Zions Bancorporation National Association UT acquired a new position in Universal Health Services during the 1st quarter valued at approximately $30,000. Sentry Investment Management LLC acquired a new position in Universal Health Services during the 1st quarter worth $35,000. UMB Bank n.a. boosted its position in Universal Health Services by 49.3% during the 1st quarter. UMB Bank n.a. now owns 203 shares of the health services provider's stock worth $38,000 after acquiring an additional 67 shares during the period. Federated Hermes Inc. boosted its position in Universal Health Services by 89.7% during the 1st quarter. Federated Hermes Inc. now owns 258 shares of the health services provider's stock worth $48,000 after acquiring an additional 122 shares during the period. Finally, CX Institutional acquired a new position in Universal Health Services during the 1st quarter worth $74,000. Institutional investors and hedge funds own 86.05% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on UHS. Barclays reduced their price target on Universal Health Services from $259.00 to $250.00 and set an "overweight" rating for the company in a research report on Thursday. Bank of America lowered Universal Health Services from a "neutral" rating to an "underperform" rating and reduced their price target for the stock from $215.00 to $185.00 in a research report on Wednesday, July 16th. Cantor Fitzgerald reiterated a "neutral" rating and set a $227.00 price target on shares of Universal Health Services in a research report on Tuesday, August 26th. Royal Bank Of Canada boosted 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. Finally, UBS Group set a $227.00 price target on Universal Health Services in a research report on Wednesday, July 30th. Four equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $214.08.

Universal Health Services Trading Down 0.0%

Shares of Universal Health Services stock traded down $0.01 on Thursday, reaching $187.38. 133,334 shares of the company were exchanged, compared to its average volume of 826,816. The stock has a fifty day moving average price of $176.50 and a 200-day moving average price of $178.80. The firm has a market capitalization of $11.93 billion, a price-to-earnings ratio of 9.87, a price-to-earnings-growth ratio of 0.77 and a beta of 1.28. 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, Inc. has a fifty-two week low of $152.33 and a fifty-two week high of $243.25.

Universal Health Services (NYSE:UHS - Get Free Report) last announced its 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 company had revenue of $4.28 billion for the quarter, compared to analyst estimates of $4.24 billion. Universal Health Services had a return on equity of 18.25% and a net margin of 7.66%.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 firm earned $4.31 earnings per share. Universal Health Services has set its FY 2025 guidance at 20.000-21.000 EPS. On average, analysts expect that Universal Health Services, Inc. will post 15.92 EPS for the current year.

Universal Health Services Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd were given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Tuesday, September 2nd. Universal Health Services's payout ratio is presently 4.21%.

About Universal Health Services

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.