Universal Health Services, Inc. $UHS Shares Acquired by TD Asset Management Inc

TD Asset Management Inc lifted its position in shares of Universal Health Services, Inc. (NYSE:UHS) by 9.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 37,066 shares of the health services provider’s stock after buying an additional 3,132 shares during the period. TD Asset Management Inc owned approximately 0.06% of Universal Health Services worth $6,715,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Zions Bancorporation National Association UT purchased a new position in shares of Universal Health Services during the 1st quarter worth approximately $30,000. Federated Hermes Inc. boosted its position in shares of Universal Health Services by 89.7% during the 1st quarter. Federated Hermes Inc. now owns 258 shares of the health services provider’s stock worth $48,000 after purchasing an additional 122 shares during the period. Farther Finance Advisors LLC boosted its position in shares of Universal Health Services by 22.9% during the 2nd quarter. Farther Finance Advisors LLC now owns 354 shares of the health services provider’s stock worth $64,000 after purchasing an additional 66 shares during the period. Harvest Fund Management Co. Ltd boosted its position in shares of Universal Health Services by 1,872.0% during the 1st quarter. Harvest Fund Management Co. Ltd now owns 493 shares of the health services provider’s stock worth $92,000 after purchasing an additional 468 shares during the period. Finally, Quarry LP boosted its position in shares of Universal Health Services by 46.6% during the 1st quarter. Quarry LP now owns 544 shares of the health services provider’s stock worth $102,000 after purchasing an additional 173 shares during the period. Institutional investors and hedge funds own 86.05% of the company’s stock.

Wall Street Analyst Weigh In

UHS has been the subject of a number of research analyst reports. The Goldman Sachs Group initiated coverage on shares of Universal Health Services in a research report on Tuesday, October 14th. They set a “neutral” rating and a $219.00 price objective for the company. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Universal Health Services in a research report on Wednesday, October 8th. Wells Fargo & Company increased their price objective on shares of Universal Health Services from $210.00 to $249.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 7th. UBS Group set a $227.00 price target on shares of Universal Health Services in a research report on Wednesday, July 30th. Finally, Royal Bank Of Canada raised their price target on shares of Universal Health Services from $201.00 to $206.00 and gave the company a “sector perform” rating in a research report on Tuesday, August 19th. Four equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $218.69.

Universal Health Services Stock Performance

Shares of UHS stock opened at $204.48 on Monday. 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, Inc. has a 52 week low of $152.33 and a 52 week high of $240.26. The stock has a market capitalization of $13.01 billion, a PE ratio of 10.77, a P/E/G ratio of 0.84 and a beta of 1.30. The firm has a 50 day moving average of $191.08 and a two-hundred day moving average of $182.30.

Universal Health Services (NYSE:UHS) last issued its quarterly earnings results 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 company had revenue of $4.28 billion during the quarter, compared to analysts’ expectations 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 was up 9.6% compared to the same quarter last year. During the same quarter last year, the company posted $4.31 EPS. Universal Health Services has set its FY 2025 guidance at 20.000-21.000 EPS. On average, research analysts predict that Universal Health Services, Inc. will post 15.92 EPS 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.