Nicholas Company Inc. Sells 17,630 Shares of Universal Health Services, Inc. (UHS)

Nicholas Company Inc. decreased its position in shares of Universal Health Services, Inc. (NYSE:UHS) by 19.5% during the first quarter, according to its most recent filing with the SEC. The firm owned 72,965 shares of the health services provider’s stock after selling 17,630 shares during the period. Nicholas Company Inc. owned about 0.08% of Universal Health Services worth $9,080,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of UHS. Vanguard Group Inc. raised its stake in shares of Universal Health Services by 3.0% in the first quarter. Vanguard Group Inc. now owns 8,777,699 shares of the health services provider’s stock worth $1,092,385,000 after buying an additional 255,063 shares in the last quarter. FMR LLC raised its stake in shares of Universal Health Services by 24.3% in the first quarter. FMR LLC now owns 4,418,541 shares of the health services provider’s stock worth $549,888,000 after buying an additional 863,633 shares in the last quarter. State Street Corp raised its stake in shares of Universal Health Services by 3.6% in the fourth quarter. State Street Corp now owns 3,934,328 shares of the health services provider’s stock worth $418,536,000 after buying an additional 135,375 shares in the last quarter. Glenview Capital Management LLC bought a new stake in shares of Universal Health Services during the fourth quarter worth about $187,539,000. Finally, JPMorgan Chase & Co. raised its stake in shares of Universal Health Services by 7.6% in the first quarter. JPMorgan Chase & Co. now owns 1,607,284 shares of the health services provider’s stock worth $200,024,000 after buying an additional 112,967 shares in the last quarter. 86.66% of the stock is owned by hedge funds and other institutional investors.

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

Shares of Universal Health Services, Inc. (UHS) traded up 0.39% during mid-day trading on Monday, hitting $115.52. The company’s stock had a trading volume of 989,364 shares. The stock has a 50-day moving average of $118.23 and a 200-day moving average of $117.65. Universal Health Services, Inc. has a 12-month low of $99.72 and a 12-month high of $138.77.

Universal Health Services (NYSE:UHS) last issued its quarterly earnings data on Tuesday, April 25th. The health services provider reported $2.10 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $2.07 by $0.03. Universal Health Services had a return on equity of 15.99% and a net margin of 7.23%. The business had revenue of $2.61 billion for the quarter, compared to the consensus estimate of $2.65 billion. During the same period in the prior year, the business earned $1.98 earnings per share. The business’s revenue was up 6.7% on a year-over-year basis. On average, analysts predict that Universal Health Services, Inc. will post $8.01 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 15th. Investors of record on Thursday, June 1st were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Tuesday, May 30th. This represents a $0.40 annualized dividend and a yield of 0.35%. Universal Health Services’s dividend payout ratio (DPR) is presently 5.46%.

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UHS has been the subject of a number of research reports. Deutsche Bank AG started coverage on shares of Universal Health Services in a research note on Tuesday, April 4th. They issued a “buy” rating and a $145.00 price objective for the company. Mizuho raised shares of Universal Health Services from a “neutral” rating to a “buy” rating and increased their price target for the company from $133.00 to $138.00 in a research report on Monday, March 27th. Piper Jaffray Companies reissued an “overweight” rating and set a $147.00 price target on shares of Universal Health Services in a research report on Monday, April 17th. BidaskClub downgraded shares of Universal Health Services from a “sell” rating to a “strong sell” rating in a report on Friday, June 9th. Finally, Morgan Stanley assumed coverage on shares of Universal Health Services in a report on Tuesday, June 6th. They set an “equal weight” rating and a $124.00 price objective on the stock. One analyst has rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $139.82.

Universal Health Services Company Profile

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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