Freedom Investment Management Inc. Sells 257 Shares of Universal Health Services, Inc. $UHS

Freedom Investment Management Inc. trimmed its stake in Universal Health Services, Inc. (NYSE:UHS) by 17.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,186 shares of the health services provider’s stock after selling 257 shares during the quarter. Freedom Investment Management Inc.’s holdings in Universal Health Services were worth $215,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the stock. 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 worth $64,000 after acquiring an additional 66 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in Universal Health Services by 2.7% in the first quarter. NewEdge Advisors LLC now owns 2,665 shares of the health services provider’s stock worth $501,000 after acquiring an additional 69 shares in the last quarter. Fifth Third Bancorp boosted its holdings in Universal Health Services by 5.5% in the second quarter. Fifth Third Bancorp now owns 1,432 shares of the health services provider’s stock worth $259,000 after acquiring an additional 75 shares in the last quarter. HighTower Advisors LLC boosted its holdings in Universal Health Services by 0.6% in the first quarter. HighTower Advisors LLC now owns 13,328 shares of the health services provider’s stock worth $2,504,000 after acquiring an additional 81 shares in the last quarter. Finally, IFP Advisors Inc boosted its holdings in Universal Health Services by 6.7% in the first quarter. IFP Advisors Inc now owns 1,315 shares of the health services provider’s stock worth $247,000 after acquiring an additional 82 shares in the last quarter. 86.05% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms have commented on UHS. UBS Group set a $227.00 target price on Universal Health Services in a report on Wednesday, July 30th. Barclays decreased their price target on Universal Health Services from $259.00 to $250.00 and set an “overweight” rating for the company in a research note on Thursday, September 18th. Bank of America cut Universal Health Services from a “neutral” rating to an “underperform” rating and decreased their price target for the stock from $215.00 to $185.00 in a research note on Wednesday, July 16th. Wall Street Zen upgraded Universal Health Services from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 11th. Finally, Royal Bank Of Canada boosted their price target 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. Four equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $218.69.

Universal Health Services Stock Up 1.5%

Universal Health Services stock opened at $213.93 on Tuesday. The stock has a market cap of $13.61 billion, a PE ratio of 11.27, a price-to-earnings-growth ratio of 0.86 and a beta of 1.30. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.19 and a current ratio of 1.29. Universal Health Services, Inc. has a one year low of $152.33 and a one year high of $214.28. The stock has a fifty day moving average of $195.02 and a 200 day moving average of $183.69.

Universal Health Services (NYSE:UHS) last posted its quarterly earnings data on Monday, October 27th. The health services provider reported $5.69 EPS for the quarter, beating analysts’ consensus estimates of $4.56 by $1.13. The company had revenue of $4.50 billion during the quarter, compared to analysts’ expectations of $4.32 billion. Universal Health Services had a return on equity of 18.25% and a net margin of 7.66%.Universal Health Services’s revenue for the quarter was up 13.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.71 earnings per share. Universal Health Services has set its FY 2025 guidance at 21.500-22.100 EPS. As a group, sell-side analysts predict that Universal Health Services, Inc. will post 15.92 EPS for the current year.

About Universal Health Services

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.