Wellington Management Group LLP Grows Stock Position in Universal Health Services, Inc. $UHS

Key Points

• Wellington Management Group LLP increased its stake in Universal Health Services, Inc. by 31.0%, holding a total of 30,191 shares valued at approximately $5.67 million.
• Universal Health Services reported earnings of $5.35 per share for the latest quarter, exceeding analyst expectations, alongside a 9.6% year-over-year revenue growth to $4.28 billion.
• The company recently announced a quarterly dividend of $0.20, translating to an annualized yield of 0.4%, with a payout ratio of 4.21%.

Wellington Management Group LLP raised its position in shares of Universal Health Services, Inc. (NYSE:UHS - Free Report) by 31.0% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 30,191 shares of the health services provider's stock after purchasing an additional 7,142 shares during the quarter. Wellington Management Group LLP's holdings in Universal Health Services were worth $5,673,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Zions Bancorporation National Association UT bought a new stake in shares of Universal Health Services during the 1st quarter valued at about $30,000. Sentry Investment Management LLC purchased a new position in shares of Universal Health Services during the 1st quarter valued at about $35,000. UMB Bank n.a. lifted its position 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 valued at $38,000 after buying an additional 67 shares in the last quarter. Federated Hermes Inc. lifted its position in shares of Universal Health Services by 89.7% during the 1st quarter. Federated Hermes Inc. now owns 258 shares of the health services provider's stock valued at $48,000 after buying an additional 122 shares in the last quarter. Finally, CX Institutional purchased a new position in shares of Universal Health Services during the 1st quarter valued at about $74,000. 86.05% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

UHS has been the topic of a number of analyst reports. UBS Group set a $227.00 price objective on Universal Health Services in a research report on Wednesday, July 30th. JPMorgan Chase & Co. lowered their price objective on Universal Health Services from $215.00 to $195.00 and set a "neutral" rating on the stock in a research report on Monday, August 4th. Wall Street Zen raised Universal Health Services from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 23rd. Stephens upgraded Universal Health Services to a "hold" rating in a research note on Monday, June 2nd. Finally, Barclays upped their price target on Universal Health Services from $257.00 to $259.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 30th. Four analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $214.77.

Universal Health Services Price Performance

Shares of UHS traded up $0.50 during mid-day trading on Friday, hitting $181.72. 599,453 shares of the stock were exchanged, compared to its average volume of 740,671. The company has a market cap of $11.56 billion, a PE ratio of 9.57, a price-to-earnings-growth ratio of 0.75 and a beta of 1.28. Universal Health Services, Inc. has a 52-week low of $152.33 and a 52-week high of $243.25. The firm has a 50-day moving average of $175.47 and a two-hundred day moving average of $178.39. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.19 and a current ratio of 1.29.

Universal Health Services (NYSE:UHS - Get Free Report) last issued its quarterly earnings data on Monday, July 28th. The health services provider reported $5.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.85 by $0.50. The business had revenue of $4.28 billion for the quarter, compared to analysts' expectations 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 for the quarter was up 9.6% on a year-over-year basis. During the same period in the prior year, the firm earned $4.31 EPS. Universal Health Services has set its FY 2025 guidance at 20.000-21.000 EPS. On average, equities analysts predict that Universal Health Services, Inc. will post 15.92 earnings per share for the current year.

Universal Health Services Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd will be issued 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 is 4.21%.

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.