New York State Teachers Retirement System lowered its stake in Universal Health Services, Inc. (NYSE:UHS – Free Report) by 0.6% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 60,104 shares of the health services provider’s stock after selling 359 shares during the period. New York State Teachers Retirement System owned approximately 0.09% of Universal Health Services worth $10,888,000 as of its most recent filing with the SEC.
Several other large investors have also bought and sold shares of UHS. AQR Capital Management LLC boosted its stake in Universal Health Services by 57.8% in the first quarter. AQR Capital Management LLC now owns 931,355 shares of the health services provider’s stock valued at $173,381,000 after buying an additional 340,966 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in Universal Health Services by 329.4% in the first quarter. Ameriprise Financial Inc. now owns 404,806 shares of the health services provider’s stock valued at $76,081,000 after buying an additional 310,531 shares in the last quarter. Nuveen LLC acquired a new stake in Universal Health Services in the first quarter valued at about $25,555,000. Assenagon Asset Management S.A. boosted its stake in Universal Health Services by 119.5% in the second quarter. Assenagon Asset Management S.A. now owns 241,164 shares of the health services provider’s stock valued at $43,687,000 after buying an additional 131,305 shares in the last quarter. Finally, Canada Pension Plan Investment Board boosted its stake in Universal Health Services by 113.5% in the first quarter. Canada Pension Plan Investment Board now owns 242,500 shares of the health services provider’s stock valued at $45,566,000 after buying an additional 128,900 shares in the last quarter. 86.05% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several analysts recently weighed in on the company. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Universal Health Services in a research note on Wednesday, October 8th. Royal Bank Of Canada raised their price objective 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. Cantor Fitzgerald reissued a “neutral” rating and set a $227.00 price target on shares of Universal Health Services in a research note on Tuesday, October 7th. JPMorgan Chase & Co. cut their price objective 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. Finally, UBS Group set a $227.00 price objective on Universal Health Services in a research note on Wednesday, July 30th. Four research 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. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $218.69.
Universal Health Services Trading Up 0.1%
NYSE UHS opened at $204.48 on Friday. The company has a market cap of $13.01 billion, a price-to-earnings ratio of 10.77, a P/E/G ratio of 0.84 and a beta of 1.30. Universal Health Services, Inc. has a 52 week low of $152.33 and a 52 week high of $240.26. The business has a 50 day moving average price of $191.08 and a 200-day moving average price of $182.34. 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 – Get Free Report) last released its quarterly earnings data on Monday, July 28th. The health services provider reported $5.35 EPS for the quarter, beating the consensus estimate of $4.85 by $0.50. The firm had revenue of $4.28 billion during the quarter, compared to the consensus estimate of $4.24 billion. Universal Health Services had a return on equity of 18.25% and a net margin of 7.66%.The company’s quarterly revenue was up 9.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $4.31 earnings per share. Universal Health Services has set its FY 2025 guidance at 20.000-21.000 EPS. As a group, equities analysts expect that Universal Health Services, Inc. will post 15.92 earnings per share for the current fiscal year.
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.
See Also
- Five stocks we like better than Universal Health Services
- Investing In Preferred Stock vs. Common Stock
- Johnson & Johnson’s M&A Strategy Is the Real Story for Investors
- How is Compound Interest Calculated?
- Tesla: Some Analysts Are Calling for A 30% Drop—Time to Panic?
- The Role Economic Reports Play in a Successful Investment Strategy
- Hedge Funds Flip on the Dollar—A Buy Signal for These 3 Stocks?
Want to see what other hedge funds are holding UHS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Universal Health Services, Inc. (NYSE:UHS – Free Report).
Receive News & Ratings for Universal Health Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Universal Health Services and related companies with MarketBeat.com's FREE daily email newsletter.