Mediolanum International Funds Ltd Trims Stock Holdings in Universal Health Services, Inc. $UHS

Mediolanum International Funds Ltd lowered its stake in Universal Health Services, Inc. (NYSE:UHS) by 48.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,912 shares of the health services provider’s stock after selling 6,391 shares during the quarter. Mediolanum International Funds Ltd’s holdings in Universal Health Services were worth $1,259,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. BTC Capital Management Inc. increased its holdings in Universal Health Services by 161.3% in the 4th quarter. BTC Capital Management Inc. now owns 42,199 shares of the health services provider’s stock valued at $9,203,000 after purchasing an additional 26,047 shares during the last quarter. Corient Private Wealth LLC lifted its stake in Universal Health Services by 51.4% during the fourth quarter. Corient Private Wealth LLC now owns 54,975 shares of the health services provider’s stock worth $11,988,000 after purchasing an additional 18,652 shares in the last quarter. Nordea Investment Management AB lifted its stake in Universal Health Services by 187.1% during the fourth quarter. Nordea Investment Management AB now owns 9,201 shares of the health services provider’s stock worth $2,039,000 after purchasing an additional 5,996 shares in the last quarter. Exchange Traded Concepts LLC boosted its position in shares of Universal Health Services by 36.1% during the fourth quarter. Exchange Traded Concepts LLC now owns 57,436 shares of the health services provider’s stock worth $12,522,000 after buying an additional 15,238 shares during the period. Finally, Teacher Retirement System of Texas boosted its position in shares of Universal Health Services by 380.3% during the fourth quarter. Teacher Retirement System of Texas now owns 137,575 shares of the health services provider’s stock worth $29,994,000 after buying an additional 108,931 shares during the period. Hedge funds and other institutional investors own 86.05% of the company’s stock.

Universal Health Services Trading Down 0.4%

UHS opened at $150.00 on Wednesday. The business has a fifty day moving average price of $151.65 and a 200 day moving average price of $180.98. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.08 and a quick ratio of 1.01. Universal Health Services, Inc. has a 12 month low of $140.08 and a 12 month high of $246.32. The stock has a market capitalization of $9.08 billion, a price-to-earnings ratio of 6.25, a PEG ratio of 0.80 and a beta of 1.07.

Universal Health Services (NYSE:UHS) last posted its quarterly earnings results on Tuesday, April 28th. The health services provider reported $5.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.41 by $0.21. The company had revenue of $4.50 billion for the quarter, compared to analyst estimates of $4.39 billion. Universal Health Services had a return on equity of 19.57% and a net margin of 8.56%.Universal Health Services’s revenue for the quarter was up 9.6% compared to the same quarter last year. During the same quarter last year, the company earned $4.84 EPS. Sell-side analysts expect that Universal Health Services, Inc. will post 23.44 earnings per share for the current fiscal year.

Universal Health Services Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Tuesday, September 1st. Universal Health Services’s dividend payout ratio is presently 3.33%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Barclays downgraded Universal Health Services from an “overweight” rating to an “equal weight” rating and set a $179.00 price objective on the stock. in a report on Wednesday, July 8th. Raymond James Financial cut Universal Health Services from an “outperform” rating to a “market perform” rating in a report on Wednesday, April 29th. UBS Group reaffirmed a “buy” rating on shares of Universal Health Services in a research report on Friday, May 29th. Mizuho cut their price target on shares of Universal Health Services from $267.00 to $230.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 29th. Finally, Robert W. Baird reduced their price target on shares of Universal Health Services from $241.00 to $204.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 29th. Five equities research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company. Based on data from MarketBeat, Universal Health Services presently has a consensus rating of “Hold” and an average price target of $213.73.

Universal Health Services Profile

Universal Health Services, Inc (NYSE: UHS) is one of the largest diversified health care management companies in the United States, offering a broad spectrum of services through its acute care hospital and behavioral health segments. The company operates general acute care hospitals, surgical hospitals and ambulatory centers, as well as inpatient and outpatient behavioral health facilities. Its network provides emergency and specialized medicine, diagnostic imaging, laboratory services, advanced surgical care and rehabilitation, complemented by a comprehensive array of behavioral services including psychiatric treatment, addiction programs and developmental disabilities care.

In the acute care segment, UHS’s facilities deliver services ranging from emergency department treatment and intensive care to maternity care and outpatient surgery.