APG Asset Management N.V. Sells 38,880 Shares of Universal Health Services, Inc. (UHS)

APG Asset Management N.V. reduced its position in Universal Health Services, Inc. (NYSE:UHS) by 13.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 252,685 shares of the health services provider’s stock after selling 38,880 shares during the period. APG Asset Management N.V. owned 0.26% of Universal Health Services worth $30,848,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Whittier Trust Co. of Nevada Inc. raised its stake in Universal Health Services by 3.2% in the second quarter. Whittier Trust Co. of Nevada Inc. now owns 6,400 shares of the health services provider’s stock valued at $781,000 after buying an additional 200 shares in the last quarter. US Bancorp DE raised its stake in Universal Health Services by 12.9% in the second quarter. US Bancorp DE now owns 30,705 shares of the health services provider’s stock valued at $3,748,000 after buying an additional 3,517 shares in the last quarter. Van Berkom & Associates Inc. raised its stake in Universal Health Services by 0.4% in the second quarter. Van Berkom & Associates Inc. now owns 400,326 shares of the health services provider’s stock valued at $48,872,000 after buying an additional 1,560 shares in the last quarter. Aperio Group LLC raised its stake in Universal Health Services by 8.5% in the second quarter. Aperio Group LLC now owns 32,825 shares of the health services provider’s stock valued at $4,007,000 after buying an additional 2,560 shares in the last quarter. Finally, LS Investment Advisors LLC raised its stake in Universal Health Services by 16.0% in the second quarter. LS Investment Advisors LLC now owns 2,916 shares of the health services provider’s stock valued at $356,000 after buying an additional 402 shares in the last quarter. 86.11% of the stock is owned by hedge funds and other institutional investors.

Shares of Universal Health Services, Inc. (UHS) traded up 0.10% on Tuesday, reaching $107.36. 673,325 shares of the company traded hands. The company has a 50-day moving average of $118.18 and a 200-day moving average of $119.16. Universal Health Services, Inc. has a 1-year low of $99.72 and a 1-year high of $129.74. The stock has a market capitalization of $10.33 billion, a price-to-earnings ratio of 14.60 and a beta of 1.06.

Universal Health Services (NYSE:UHS) last released its earnings results on Tuesday, July 25th. The health services provider reported $1.94 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $2.06 by $0.12. Universal Health Services had a return on equity of 15.49% and a net margin of 7.10%. The company had revenue of $2.61 billion during the quarter, compared to analyst estimates of $2.64 billion. During the same period in the prior year, the business posted $1.94 earnings per share. Universal Health Services’s revenue was up 7.5% on a year-over-year basis. Analysts anticipate that Universal Health Services, Inc. will post $7.72 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Friday, September 1st will be given a $0.10 dividend. The ex-dividend date is Wednesday, August 30th. This represents a $0.40 annualized dividend and a dividend yield of 0.37%. Universal Health Services’s dividend payout ratio is presently 5.44%.

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A number of equities research analysts have weighed in on the company. Zacks Investment Research upgraded Universal Health Services from a “sell” rating to a “hold” rating in a research report on Tuesday. BidaskClub cut Universal Health Services from a “hold” rating to a “sell” rating in a research report on Tuesday, August 1st. Piper Jaffray Companies reaffirmed a “buy” rating and set a $134.00 price objective on shares of Universal Health Services in a research report on Friday, July 28th. Citigroup Inc. dropped their price target on Universal Health Services from $131.00 to $126.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 26th. Finally, Morgan Stanley initiated coverage on Universal Health Services in a research report on Tuesday, June 6th. They issued an “equal weight” rating and a $124.00 price target on the stock. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $136.90.

About Universal Health Services

Universal Health Services, Inc is a holding company. The Company’s principal business is owning and operating, through its subsidiaries, acute care hospitals and outpatient facilities, and behavioral healthcare facilities. The Company’s segments include Acute Care Hospital Services, Behavioral Health Services and Other.

Institutional Ownership by Quarter for Universal Health Services (NYSE:UHS)

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