MQS Management LLC grew its stake in Universal Health Services, Inc. (NYSE:UHS – Free Report) by 17.5% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,682 shares of the health services provider’s stock after purchasing an additional 399 shares during the quarter. MQS Management LLC’s holdings in Universal Health Services were worth $486,000 at the end of the most recent reporting period.
A number of other large investors also recently made changes to their positions in UHS. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Universal Health Services by 120.7% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 8,599 shares of the health services provider’s stock valued at $1,616,000 after purchasing an additional 4,703 shares during the period. Robeco Institutional Asset Management B.V. lifted its stake in shares of Universal Health Services by 49.6% in the 1st quarter. Robeco Institutional Asset Management B.V. now owns 133,261 shares of the health services provider’s stock valued at $25,040,000 after purchasing an additional 44,173 shares during the period. QSM Asset Management Ltd lifted its stake in shares of Universal Health Services by 16.7% in the 1st quarter. QSM Asset Management Ltd now owns 46,177 shares of the health services provider’s stock valued at $8,660,000 after purchasing an additional 6,600 shares during the period. New Wave Wealth Advisors LLC acquired a new position in shares of Universal Health Services in the 1st quarter valued at $246,000. Finally, CHURCHILL MANAGEMENT Corp lifted its stake in shares of Universal Health Services by 0.5% in the 1st quarter. CHURCHILL MANAGEMENT Corp now owns 22,408 shares of the health services provider’s stock valued at $4,210,000 after purchasing an additional 103 shares during the period. Institutional investors and hedge funds own 86.05% of the company’s stock.
Analyst Upgrades and Downgrades
Several analysts recently commented on the company. Wells Fargo & Company raised their price objective on Universal Health Services from $210.00 to $249.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 7th. JPMorgan Chase & Co. dropped 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. Royal Bank Of Canada raised their price objective on Universal Health Services from $201.00 to $206.00 and gave the stock a “sector perform” rating in a research note on Tuesday, August 19th. The Goldman Sachs Group assumed coverage on Universal Health Services in a research note on Tuesday, October 14th. They set a “neutral” rating and a $219.00 price objective on the stock. Finally, Robert W. Baird dropped their price objective on Universal Health Services from $243.00 to $203.00 and set a “neutral” rating on the stock in a research note on Thursday, August 14th. Four investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $218.69.
Universal Health Services Price Performance
UHS stock opened at $210.79 on Friday. The stock has a 50-day moving average price of $194.29 and a two-hundred day moving average price of $183.48. The stock has a market cap of $13.41 billion, a PE ratio of 11.10, a price-to-earnings-growth ratio of 0.86 and a beta of 1.30. The company has a current ratio of 1.29, a quick ratio of 1.19 and a debt-to-equity ratio of 0.64. Universal Health Services, Inc. has a 1 year low of $152.33 and a 1 year high of $214.10.
Universal Health Services (NYSE:UHS – Get Free Report) last released its earnings results on Monday, July 28th. The health services provider reported $5.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.85 by $0.50. The firm had revenue of $4.28 billion during the quarter, compared to analysts’ expectations 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 revenue was up 9.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $4.31 EPS. Universal Health Services has set its FY 2025 guidance at 20.000-21.000 EPS. Equities analysts forecast that Universal Health Services, Inc. will post 15.92 EPS for the current fiscal year.
Universal Health Services Company 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.
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