Parametrica Management Ltd purchased a new stake in Universal Health Services, Inc. (NYSE:UHS) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,618 shares of the health services provider’s stock, valued at approximately $320,000.
Several other hedge funds also recently bought and sold shares of the company. Creative Planning boosted its stake in Universal Health Services by 1.5% in the first quarter. Creative Planning now owns 1,125 shares of the health services provider’s stock valued at $140,000 after buying an additional 17 shares in the last quarter. Intrust Bank NA acquired a new stake in Universal Health Services during the first quarter worth about $202,000. Stratos Wealth Partners LTD. acquired a new stake in Universal Health Services during the first quarter worth about $202,000. Commerzbank Aktiengesellschaft FI acquired a new stake in Universal Health Services during the first quarter worth about $205,000. Finally, Conning Inc. acquired a new stake in Universal Health Services during the first quarter worth about $209,000. Institutional investors and hedge funds own 86.11% of the company’s stock.
Universal Health Services, Inc. (NYSE:UHS) traded up 0.10% on Tuesday, reaching $107.36. 673,325 shares of the company’s stock were exchanged. The company has a market cap of $10.33 billion, a price-to-earnings ratio of 14.60 and a beta of 1.06. Universal Health Services, Inc. has a 52 week low of $99.72 and a 52 week high of $129.74. The stock’s 50 day moving average is $118.18 and its 200 day moving average is $119.16.
Universal Health Services (NYSE:UHS) last released its earnings results on Tuesday, July 25th. The health services provider reported $1.94 EPS for the quarter, missing the Zacks’ consensus estimate of $2.06 by $0.12. The firm had revenue of $2.61 billion during the quarter, compared to analysts’ expectations of $2.64 billion. Universal Health Services had a net margin of 7.10% and a return on equity of 15.49%. The company’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.94 EPS. On average, equities analysts anticipate that Universal Health Services, Inc. will post $7.72 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Friday, September 1st will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.37%. The ex-dividend date is Wednesday, August 30th. Universal Health Services’s dividend payout ratio (DPR) is presently 5.44%.
A number of analysts have recently weighed in on UHS shares. Citigroup Inc. reduced their price objective on shares of Universal Health Services from $131.00 to $126.00 and set a “neutral” rating for the company in a research note on Wednesday, July 26th. BidaskClub cut shares of Universal Health Services from a “hold” rating to a “sell” rating in a research note on Tuesday, August 1st. Zacks Investment Research cut shares of Universal Health Services from a “buy” rating to a “hold” rating in a research note on Thursday, July 13th. Piper Jaffray Companies reaffirmed a “buy” rating and set a $134.00 target price on shares of Universal Health Services in a research report on Friday, July 28th. Finally, Morgan Stanley started coverage on shares of Universal Health Services in a research report on Tuesday, June 6th. They set an “equal weight” rating and a $124.00 target price on the stock. One research 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’s stock. Universal Health Services presently has a consensus rating of “Hold” and an average target price 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.
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