Universal Health Services, Inc. $UHS Shares Sold by Geode Capital Management LLC

Geode Capital Management LLC decreased its holdings in shares of Universal Health Services, Inc. (NYSE:UHS) by 0.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 1,751,822 shares of the health services provider’s stock after selling 11,092 shares during the period. Geode Capital Management LLC’s holdings in Universal Health Services were worth $380,714,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in UHS. Elyxium Wealth LLC acquired a new stake in shares of Universal Health Services during the fourth quarter worth $25,000. SBI Securities Co. Ltd. raised its position in shares of Universal Health Services by 320.0% in the 3rd quarter. SBI Securities Co. Ltd. now owns 126 shares of the health services provider’s stock worth $26,000 after buying an additional 96 shares during the period. Harbor Capital Advisors Inc. purchased a new position in shares of Universal Health Services in the 4th quarter worth $26,000. Founders Capital Management purchased a new position in shares of Universal Health Services in the 4th quarter worth $28,000. Finally, CYBER HORNET ETFs LLC purchased a new position in shares of Universal Health Services in the 2nd quarter worth $29,000. Institutional investors and hedge funds own 86.05% of the company’s stock.

Wall Street Analysts Forecast Growth

UHS has been the topic of several research reports. Morgan Stanley cut their target price on Universal Health Services from $233.00 to $212.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 29th. Mizuho cut their target price on Universal Health Services from $267.00 to $230.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 29th. TD Cowen cut their target price on Universal Health Services from $245.00 to $230.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. Stephens cut their target price on Universal Health Services from $235.00 to $205.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 29th. Finally, Wall Street Zen lowered Universal Health Services from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Six equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $221.56.

Universal Health Services Stock Down 0.2%

Shares of NYSE UHS opened at $145.78 on Monday. Universal Health Services, Inc. has a 12-month low of $145.60 and a 12-month high of $246.32. The company has a market cap of $8.83 billion, a P/E ratio of 6.07, a P/E/G ratio of 0.70 and a beta of 1.07. The company has a current ratio of 1.08, a quick ratio of 1.01 and a debt-to-equity ratio of 0.52. The stock has a fifty day moving average price of $173.94 and a 200 day moving average price of $202.04.

Universal Health Services (NYSE:UHS) last announced its quarterly earnings results on Tuesday, April 28th. The health services provider reported $5.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.41 by $0.21. Universal Health Services had a return on equity of 19.57% and a net margin of 8.56%.The firm had revenue of $4.50 billion during the quarter, compared to the consensus estimate of $4.39 billion. During the same period in the prior year, the firm earned $4.84 EPS. The firm’s quarterly revenue was up 9.6% compared to the same quarter last year. Research analysts anticipate that Universal Health Services, Inc. will post 23.34 EPS for the current fiscal year.

Universal Health Services Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Monday, June 8th will be issued a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 0.5%. The ex-dividend date is Monday, June 8th. Universal Health Services’s dividend payout ratio is currently 3.33%.

About Universal Health Services

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.