Edgestream Partners L.P. decreased its stake in Universal Health Services, Inc. (NYSE:UHS – Free Report) by 24.9% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 28,231 shares of the health services provider’s stock after selling 9,368 shares during the period. Edgestream Partners L.P.’s holdings in Universal Health Services were worth $5,053,000 at the end of the most recent reporting period.
A number of other large investors have also recently bought and sold shares of UHS. Elyxium Wealth LLC acquired a new position in Universal Health Services during the fourth quarter worth $25,000. Harbor Capital Advisors Inc. acquired a new stake in shares of Universal Health Services in the 4th quarter valued at $26,000. CYBER HORNET ETFs LLC acquired a new stake in shares of Universal Health Services in the 2nd quarter valued at $29,000. Larson Financial Group LLC boosted its stake in shares of Universal Health Services by 302.9% in the 4th quarter. Larson Financial Group LLC now owns 141 shares of the health services provider’s stock valued at $31,000 after purchasing an additional 106 shares in the last quarter. Finally, CENTRAL TRUST Co grew its holdings in shares of Universal Health Services by 107.1% in the 1st quarter. CENTRAL TRUST Co now owns 174 shares of the health services provider’s stock worth $31,000 after purchasing an additional 90 shares during the last quarter. 86.05% of the stock is currently owned by institutional investors.
Universal Health Services Price Performance
Shares of UHS stock opened at $168.71 on Friday. Universal Health Services, Inc. has a 52 week low of $140.08 and a 52 week high of $246.32. The stock has a market capitalization of $10.21 billion, a PE ratio of 6.87, a PEG ratio of 0.89 and a beta of 1.07. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.01 and a current ratio of 1.12. The stock’s fifty day moving average is $150.72 and its 200-day moving average is $178.14.
Universal Health Services Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be paid a $0.20 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.5%. Universal Health Services’s payout ratio is currently 3.26%.
Analysts Set New Price Targets
A number of equities research analysts recently issued reports on UHS shares. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Universal Health Services from $261.00 to $230.00 and set a “buy” rating for the company in a research report on Wednesday, April 29th. Weiss Ratings lowered shares of Universal Health Services from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, July 14th. Wells Fargo & Company upped their price objective on shares of Universal Health Services from $165.00 to $166.00 and gave the stock an “equal weight” rating in a research note on Monday, July 13th. Wall Street Zen lowered shares of Universal Health Services from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Finally, Royal Bank Of Canada cut their target price on shares of Universal Health Services from $216.00 to $190.00 and set a “sector perform” rating for the company in a research note on Wednesday, April 29th. Five investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. Based on data from MarketBeat, Universal Health Services presently has an average rating of “Hold” and an average price target of $205.40.
Read Our Latest Analysis on UHS
Universal Health Services Company 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.
Featured Articles
- Five stocks we like better than Universal Health Services
- Chevron’s Strong Quarter Shows Why It Still Leads the Energy Sector
- Amazon’s Earnings Beat Shows Why AWS Is Back at the Center of the Bull Case
- Apple’s Record Quarter Could Not Outrun Its Guidance Problem
- McKesson’s Compounding Keeps Adding Up
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.
