Y Intercept Hong Kong Ltd Purchases 21,122 Shares of Universal Health Services, Inc. $UHS

Y Intercept Hong Kong Ltd lifted its position in Universal Health Services, Inc. (NYSE:UHS) by 79.8% in the first quarter, HoldingsChannel.com reports. The firm owned 47,576 shares of the health services provider’s stock after purchasing an additional 21,122 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Universal Health Services were worth $8,515,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. BTC Capital Management Inc. raised its holdings in Universal Health Services by 161.3% during the fourth quarter. BTC Capital Management Inc. now owns 42,199 shares of the health services provider’s stock valued at $9,203,000 after acquiring an additional 26,047 shares during the period. Corient Private Wealth LLC lifted its position in shares of Universal Health Services by 51.4% in the fourth quarter. Corient Private Wealth LLC now owns 54,975 shares of the health services provider’s stock valued at $11,988,000 after acquiring an additional 18,652 shares in the last quarter. Invenomic Capital Management LP boosted its stake in shares of Universal Health Services by 174.1% in the third quarter. Invenomic Capital Management LP now owns 73,266 shares of the health services provider’s stock worth $14,979,000 after acquiring an additional 46,535 shares during the period. Nordea Investment Management AB grew its position in shares of Universal Health Services by 187.1% during the fourth quarter. Nordea Investment Management AB now owns 9,201 shares of the health services provider’s stock worth $2,039,000 after purchasing an additional 5,996 shares in the last quarter. Finally, Clark Capital Management Group Inc. grew its position in shares of Universal Health Services by 2.2% during the third quarter. Clark Capital Management Group Inc. now owns 331,325 shares of the health services provider’s stock worth $67,736,000 after purchasing an additional 6,996 shares in the last quarter. 86.05% of the stock is currently owned by institutional investors.

Universal Health Services Stock Performance

NYSE:UHS opened at $157.97 on Friday. The company has a market cap of $9.56 billion, a price-to-earnings ratio of 6.58, a PEG ratio of 0.84 and a beta of 1.07. Universal Health Services, Inc. has a 1 year low of $140.08 and a 1 year high of $246.32. The stock’s 50 day simple moving average is $155.80 and its two-hundred day simple moving average is $187.34. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.08 and a quick ratio of 1.01.

Universal Health Services (NYSE:UHS) last posted its earnings results on Tuesday, April 28th. The health services provider reported $5.62 earnings per share for the quarter, beating analysts’ consensus estimates of $5.41 by $0.21. Universal Health Services had a net margin of 8.56% and a return on equity of 19.57%. The firm had revenue of $4.50 billion during the quarter, compared to analyst estimates of $4.39 billion. During the same period last year, the firm posted $4.84 earnings per share. Universal Health Services’s revenue for the quarter was up 9.6% compared to the same quarter last year. As a group, equities analysts anticipate that Universal Health Services, Inc. will post 23.47 earnings per share for the current fiscal year.

Universal Health Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 8th were given a dividend of $0.20 per share. The ex-dividend date was Monday, June 8th. This represents a $0.80 annualized dividend and a yield of 0.5%. Universal Health Services’s dividend payout ratio (DPR) is 3.33%.

Analyst Ratings Changes

UHS has been the topic of a number of research analyst reports. JPMorgan Chase & Co. lowered their price target on Universal Health Services from $235.00 to $205.00 and set a “neutral” rating on the stock in a report on Wednesday, May 20th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Universal Health Services from $261.00 to $230.00 and set a “buy” rating on the stock in a report on Wednesday, April 29th. Robert W. Baird dropped their target price on shares of Universal Health Services from $241.00 to $204.00 and set a “neutral” rating for the company in a research report on Wednesday, April 29th. Guggenheim cut their target price on shares of Universal Health Services from $238.00 to $211.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. Finally, Mizuho reduced their price target on shares of Universal Health Services from $267.00 to $230.00 and set an “outperform” rating on the stock in a report on Wednesday, April 29th. Six research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $216.56.

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.