State Street Corp lessened its holdings in shares of Universal Health Services, Inc. (NYSE:UHS) by 3.6% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,615,576 shares of the health services provider’s stock after selling 135,670 shares during the quarter. State Street Corp owned 4.13% of Universal Health Services worth $537,817,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also bought and sold shares of UHS. Commonwealth Equity Services LLC increased its position in Universal Health Services by 21.9% during the 2nd quarter. Commonwealth Equity Services LLC now owns 2,814 shares of the health services provider’s stock worth $366,000 after purchasing an additional 506 shares in the last quarter. Regentatlantic Capital LLC grew its position in Universal Health Services by 9.3% in the second quarter. Regentatlantic Capital LLC now owns 10,046 shares of the health services provider’s stock valued at $1,310,000 after acquiring an additional 852 shares in the last quarter. Commerzbank Aktiengesellschaft FI acquired a new stake in Universal Health Services in the second quarter valued at approximately $231,000. Daiwa Securities Group Inc. grew its position in Universal Health Services by 10.1% in the second quarter. Daiwa Securities Group Inc. now owns 40,280 shares of the health services provider’s stock valued at $5,252,000 after acquiring an additional 3,704 shares in the last quarter. Finally, RNC Capital Management LLC acquired a new stake in Universal Health Services in the second quarter valued at approximately $217,000. 84.40% of the stock is owned by hedge funds and other institutional investors.
In related news, CFO Steve Filton sold 30,000 shares of the firm’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of $141.40, for a total transaction of $4,242,000.00. Following the transaction, the chief financial officer now directly owns 265,238 shares in the company, valued at $37,504,653.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 12.60% of the company’s stock.
UHS stock opened at $139.49 on Monday. Universal Health Services, Inc. has a twelve month low of $112.79 and a twelve month high of $157.79. The company has a current ratio of 1.19, a quick ratio of 1.09 and a debt-to-equity ratio of 0.76. The company has a market capitalization of $12.22 billion, a P/E ratio of 14.64, a PEG ratio of 1.76 and a beta of 1.05. The firm has a 50 day simple moving average of $141.83 and a 200-day simple moving average of $138.22.
Universal Health Services (NYSE:UHS) last released its quarterly earnings results on Thursday, October 24th. The health services provider reported $1.99 earnings per share for the quarter, missing analysts’ consensus estimates of $2.30 by ($0.31). Universal Health Services had a return on equity of 15.80% and a net margin of 6.48%. The company had revenue of $2.82 billion for the quarter, compared to analyst estimates of $2.77 billion. During the same period in the previous year, the business posted $2.23 EPS. The firm’s quarterly revenue was up 6.5% compared to the same quarter last year. On average, research analysts predict that Universal Health Services, Inc. will post 9.81 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Thursday, December 5th will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 0.57%. The ex-dividend date of this dividend is Wednesday, December 4th. Universal Health Services’s dividend payout ratio (DPR) is presently 8.39%.
Universal Health Services 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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