Royal Fund Management LLC purchased a new stake in Universal Health Services, Inc. (NYSE:UHS – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 4,588 shares of the health services provider’s stock, valued at approximately $1,000,000.
Other large investors have also recently bought and sold shares of the company. SBI Securities Co. Ltd. raised its stake in Universal Health Services by 320.0% during the third quarter. SBI Securities Co. Ltd. now owns 126 shares of the health services provider’s stock worth $26,000 after acquiring an additional 96 shares in the last quarter. Root Financial Partners LLC acquired a new stake in shares of Universal Health Services in the 3rd quarter valued at $28,000. CYBER HORNET ETFs LLC bought a new stake in shares of Universal Health Services in the 2nd quarter worth about $29,000. MUFG Securities EMEA plc bought a new stake in shares of Universal Health Services in the 2nd quarter worth about $31,000. Finally, Brown Brothers Harriman & Co. increased its position in shares of Universal Health Services by 94.0% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 163 shares of the health services provider’s stock worth $33,000 after purchasing an additional 79 shares in the last quarter. 86.05% of the stock is currently owned by institutional investors.
Universal Health Services Stock Performance
Universal Health Services stock opened at $178.69 on Wednesday. The stock has a 50-day simple moving average of $205.18 and a 200 day simple moving average of $212.17. The stock has a market capitalization of $10.92 billion, a price-to-earnings ratio of 7.72, a P/E/G ratio of 0.72 and a beta of 1.26. The company has a quick ratio of 0.98, a current ratio of 1.05 and a debt-to-equity ratio of 0.55. Universal Health Services, Inc. has a 12-month low of $152.33 and a 12-month high of $246.32.
Universal Health Services Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 2nd were paid 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 was Monday, March 2nd. Universal Health Services’s dividend payout ratio is 3.46%.
Wall Street Analyst Weigh In
Several equities analysts recently issued reports on the stock. Barclays lifted their price target on shares of Universal Health Services from $262.00 to $268.00 and gave the company an “overweight” rating in a report on Thursday, February 26th. Wall Street Zen lowered shares of Universal Health Services from a “strong-buy” rating to a “buy” rating in a report on Saturday, February 28th. Guggenheim lifted their target price on shares of Universal Health Services from $253.00 to $274.00 and gave the company a “buy” rating in a research note on Tuesday, December 2nd. Cantor Fitzgerald reduced their target price on Universal Health Services from $250.00 to $229.00 and set a “neutral” rating on the stock in a report on Friday, February 27th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Universal Health Services in a research report on Monday, December 29th. Six analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Universal Health Services presently has a consensus rating of “Hold” and an average target price of $232.21.
Get Our Latest Stock Report on UHS
Universal Health Services Profile
Universal Health Services, Inc (NYSE: UHS) is one of the largest diversified health care management companies in the United States, offering a broad spectrum of services through its acute care hospital and behavioral health segments. The company operates general acute care hospitals, surgical hospitals and ambulatory centers, as well as inpatient and outpatient behavioral health facilities. Its network provides emergency and specialized medicine, diagnostic imaging, laboratory services, advanced surgical care and rehabilitation, complemented by a comprehensive array of behavioral services including psychiatric treatment, addiction programs and developmental disabilities care.
In the acute care segment, UHS’s facilities deliver services ranging from emergency department treatment and intensive care to maternity care and outpatient surgery.
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