Deroy & Devereaux Private Investment Counsel Inc. Sells 960 Shares of Universal Health Services, Inc. $UHS

Deroy & Devereaux Private Investment Counsel Inc. cut its stake in Universal Health Services, Inc. (NYSE:UHS) by 2.6% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 35,425 shares of the health services provider’s stock after selling 960 shares during the period. Deroy & Devereaux Private Investment Counsel Inc.’s holdings in Universal Health Services were worth $6,417,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in UHS. Zions Bancorporation National Association UT bought a new stake in Universal Health Services in the first quarter valued at approximately $30,000. Federated Hermes Inc. boosted its holdings in Universal Health Services by 89.7% in the first quarter. Federated Hermes Inc. now owns 258 shares of the health services provider’s stock valued at $48,000 after acquiring an additional 122 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in Universal Health Services by 22.9% in the second quarter. Farther Finance Advisors LLC now owns 354 shares of the health services provider’s stock valued at $64,000 after acquiring an additional 66 shares during the last quarter. CX Institutional bought a new stake in Universal Health Services in the first quarter valued at approximately $74,000. Finally, Harvest Fund Management Co. Ltd boosted its holdings in Universal Health Services by 1,872.0% in the first quarter. Harvest Fund Management Co. Ltd now owns 493 shares of the health services provider’s stock valued at $92,000 after acquiring an additional 468 shares during the last quarter. 86.05% of the stock is currently owned by institutional investors.

Universal Health Services Price Performance

Shares of UHS opened at $203.91 on Wednesday. The stock has a market cap of $12.98 billion, a P/E ratio of 10.74, a P/E/G ratio of 0.82 and a beta of 1.30. The business’s fifty day moving average is $188.91 and its 200 day moving average is $182.00. Universal Health Services, Inc. has a 12-month low of $152.33 and a 12-month high of $240.26. The company has a quick ratio of 1.19, a current ratio of 1.29 and a debt-to-equity ratio of 0.64.

Universal Health Services (NYSE:UHS) last posted its earnings results on Monday, July 28th. The health services provider reported $5.35 EPS for the quarter, topping the consensus estimate of $4.85 by $0.50. The company had revenue of $4.28 billion during the quarter, compared to the consensus estimate of $4.24 billion. Universal Health Services had a net margin of 7.66% and a return on equity of 18.25%. The firm’s revenue for the quarter was up 9.6% on a year-over-year basis. During the same period in the previous year, the firm posted $4.31 earnings per share. Universal Health Services has set its FY 2025 guidance at 20.000-21.000 EPS. Sell-side analysts anticipate that Universal Health Services, Inc. will post 15.92 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have issued reports on UHS. UBS Group set a $227.00 price target on Universal Health Services in a research note on Wednesday, July 30th. Barclays dropped their price target on Universal Health Services from $259.00 to $250.00 and set an “overweight” rating on the stock in a research note on Thursday, September 18th. The Goldman Sachs Group began coverage on Universal Health Services in a research note on Tuesday. They issued a “neutral” rating and a $219.00 price target on the stock. Royal Bank Of Canada boosted their price target on Universal Health Services from $201.00 to $206.00 and gave the company a “sector perform” rating in a research note on Tuesday, August 19th. Finally, JPMorgan Chase & Co. dropped their price target on Universal Health Services from $215.00 to $195.00 and set a “neutral” rating on the stock in a research note on Monday, August 4th. Four analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $218.69.

Universal Health Services Profile

Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities. It operates through Acute Care Hospital Services and Behavioral Health Care Services segments. The company's hospitals offer general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic and coronary care, pediatric services, pharmacy services, and/or behavioral health services.