Commonwealth Equity Services LLC Cuts Stake in Universal Health Services, Inc. Class B (NYSE:UHS)

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Commonwealth Equity Services LLC reduced its holdings in shares of Universal Health Services, Inc. Class B (NYSE:UHS) by 42.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,017 shares of the health services provider’s stock after selling 1,470 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Universal Health Services, Inc. Class B were worth $225,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. Dupont Capital Management Corp increased its position in Universal Health Services, Inc. Class B by 28.1% in the 1st quarter. Dupont Capital Management Corp now owns 9,584 shares of the health services provider’s stock valued at $1,135,000 after acquiring an additional 2,104 shares in the last quarter. NuWave Investment Management LLC acquired a new stake in Universal Health Services, Inc. Class B in the 1st quarter valued at about $205,000. Alps Advisors Inc. acquired a new stake in Universal Health Services, Inc. Class B in the 1st quarter valued at about $460,000. Sumitomo Mitsui Trust Holdings Inc. increased its position in Universal Health Services, Inc. Class B by 1.4% in the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 250,838 shares of the health services provider’s stock valued at $29,702,000 after acquiring an additional 3,401 shares in the last quarter. Finally, DekaBank Deutsche Girozentrale increased its position in Universal Health Services, Inc. Class B by 27.1% in the 1st quarter. DekaBank Deutsche Girozentrale now owns 29,634 shares of the health services provider’s stock valued at $3,583,000 after acquiring an additional 6,325 shares in the last quarter. 87.37% of the stock is currently owned by institutional investors.

UHS traded down $0.15 during trading on Friday, reaching $125.86. The company had a trading volume of 485,972 shares, compared to its average volume of 530,843. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.20 and a current ratio of 1.30. Universal Health Services, Inc. Class B has a 12 month low of $95.26 and a 12 month high of $130.25. The firm has a market cap of $11.58 billion, a P/E ratio of 16.71, a PEG ratio of 1.17 and a beta of 0.86.

Universal Health Services, Inc. Class B (NYSE:UHS) last announced its quarterly earnings results on Wednesday, July 25th. The health services provider reported $2.47 earnings per share for the quarter, beating the Zacks’ consensus estimate of $2.39 by $0.08. The firm had revenue of $2.68 billion for the quarter, compared to analyst estimates of $2.72 billion. Universal Health Services, Inc. Class B had a net margin of 7.68% and a return on equity of 15.74%. The business’s revenue was up 2.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.94 earnings per share. sell-side analysts anticipate that Universal Health Services, Inc. Class B will post 9.51 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 17th. Stockholders of record on Tuesday, September 4th will be given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.32%. The ex-dividend date is Friday, August 31st. Universal Health Services, Inc. Class B’s dividend payout ratio is presently 5.31%.

Several equities research analysts have weighed in on UHS shares. TheStreet cut shares of Universal Health Services, Inc. Class B from a “b” rating to a “c+” rating in a research report on Friday, June 8th. ValuEngine cut shares of Universal Health Services, Inc. Class B from a “hold” rating to a “sell” rating in a research report on Friday, June 15th. Zacks Investment Research cut shares of Universal Health Services, Inc. Class B from a “hold” rating to a “sell” rating in a research report on Saturday, June 30th. Goldman Sachs Group cut shares of Universal Health Services, Inc. Class B from a “buy” rating to a “neutral” rating and set a $120.00 price target for the company. in a research report on Wednesday, July 18th. Finally, Morgan Stanley lifted their price objective on shares of Universal Health Services, Inc. Class B from $120.00 to $122.00 and gave the stock an “equal weight” rating in a research note on Friday, July 27th. Eight analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Universal Health Services, Inc. Class B has an average rating of “Buy” and a consensus target price of $133.73.

Universal Health Services, Inc. Class B Company Profile

Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, outpatient facilities, and behavioral health care facilities. The company operates through Acute Care Hospital Services, Behavioral Health Care Services, and Other segments. Its hospital offer general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, coronary care, pediatric services, pharmacy services, and/or behavioral health services.

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Institutional Ownership by Quarter for Universal Health Services, Inc. Class B (NYSE:UHS)

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