Voya Investment Management LLC Trims 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 lessened its stake in shares of Universal Health Services, Inc. (NYSE:UHS - Free Report) by 33.3% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 160,012 shares of the health services provider's stock after selling 79,797 shares during the period. Voya Investment Management LLC owned 0.25% of Universal Health Services worth $30,066,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. UMB Bank n.a. raised its holdings in shares of 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. NewEdge Advisors LLC boosted its stake in Universal Health Services by 2.7% during the first quarter. NewEdge Advisors LLC now owns 2,665 shares of the health services provider's stock worth $501,000 after buying an additional 69 shares during the period. HighTower Advisors LLC increased its position in shares of Universal Health Services by 0.6% during the first quarter. HighTower Advisors LLC now owns 13,328 shares of the health services provider's stock valued at $2,504,000 after acquiring an additional 81 shares during the last quarter. IFP Advisors Inc raised its stake in shares of Universal Health Services by 6.7% in the 1st quarter. IFP Advisors Inc now owns 1,315 shares of the health services provider's stock valued at $247,000 after acquiring an additional 82 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd lifted its holdings in shares of Universal Health Services by 1.2% in the 1st quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 7,338 shares of the health services provider's stock worth $1,379,000 after acquiring an additional 85 shares during the last quarter. Hedge funds and other institutional investors own 86.05% of the company's stock.

Analysts Set New Price Targets

A number of research firms have commented on UHS. Wells Fargo & Company decreased their price target on Universal Health Services from $225.00 to $210.00 and set an "overweight" rating on the stock in a research note on Thursday, August 14th. Cantor Fitzgerald restated a "neutral" rating and set a $227.00 target price on shares of Universal Health Services in a report on Tuesday, August 26th. Stephens upgraded Universal Health Services to a "hold" rating in a report on Monday, June 2nd. Royal Bank Of Canada raised their target price 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, Barclays raised their target price on Universal Health Services from $257.00 to $259.00 and gave the company an "overweight" rating in a report on Wednesday, July 30th. Four investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Universal Health Services currently has an average rating of "Hold" and a consensus target price of $214.77.

Universal Health Services Price Performance

UHS stock opened at $191.80 on Friday. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.29 and a quick ratio of 1.19. The firm has a market capitalization of $12.21 billion, a P/E ratio of 10.10, a P/E/G ratio of 0.79 and a beta of 1.28. The business's 50-day moving average is $176.16 and its two-hundred day moving average is $178.64. Universal Health Services, Inc. has a 1 year low of $152.33 and a 1 year high of $243.25.

Universal Health Services (NYSE:UHS - Get Free Report) last posted its quarterly earnings results on Monday, July 28th. The health services provider reported $5.35 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.85 by $0.50. Universal Health Services had a return on equity of 18.25% and a net margin of 7.66%.The company had revenue of $4.28 billion for the quarter, compared to analyst estimates of $4.24 billion. During the same quarter last year, the company earned $4.31 EPS. Universal Health Services's revenue for the quarter was up 9.6% compared to the same quarter last year. Universal Health Services has set its FY 2025 guidance at 20.000-21.000 EPS. Analysts anticipate that Universal Health Services, Inc. will post 15.92 earnings per share for the current fiscal year.

Universal Health Services Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend is Tuesday, September 2nd. Universal Health Services's dividend payout ratio (DPR) is 4.21%.

Universal Health Services 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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