Hsbc Holdings PLC Has $26.14 Million Position in Universal Health Services, Inc. $UHS

Hsbc Holdings PLC increased its holdings in Universal Health Services, Inc. (NYSE:UHS) by 33.1% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 119,561 shares of the health services provider’s stock after purchasing an additional 29,717 shares during the period. Hsbc Holdings PLC owned approximately 0.19% of Universal Health Services worth $26,136,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Elyxium Wealth LLC bought a new stake in Universal Health Services in the fourth quarter valued at $25,000. Harbor Capital Advisors Inc. acquired a new stake in shares of Universal Health Services in the 4th quarter valued at $26,000. Founders Capital Management acquired a new stake in shares of Universal Health Services in the 4th quarter valued at $28,000. CYBER HORNET ETFs LLC bought a new stake in shares of Universal Health Services in the 2nd quarter worth about $29,000. Finally, Larson Financial Group LLC increased its position in shares of Universal Health Services by 302.9% during the 4th quarter. Larson Financial Group LLC now owns 141 shares of the health services provider’s stock worth $31,000 after purchasing an additional 106 shares in the last quarter. 86.05% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Royal Bank Of Canada reduced their price target on shares of Universal Health Services from $216.00 to $190.00 and set a “sector perform” rating on the stock in a research report on Wednesday, April 29th. Barclays dropped their price objective on shares of Universal Health Services from $268.00 to $238.00 and set an “overweight” rating for the company in a report on Tuesday, April 28th. Mizuho cut their target price on shares of Universal Health Services from $267.00 to $230.00 and set an “outperform” rating for the company in a research note on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft decreased their price target on Universal Health Services from $261.00 to $230.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. Finally, Stephens dropped their price target on Universal Health Services from $235.00 to $205.00 and set an “equal weight” rating for the company in a report on Wednesday, April 29th. Six investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Universal Health Services currently has a consensus rating of “Hold” and a consensus price target of $216.56.

Universal Health Services Trading Down 0.3%

UHS opened at $145.44 on Thursday. Universal Health Services, Inc. has a 1-year low of $140.08 and a 1-year high of $246.32. The stock has a market capitalization of $8.81 billion, a PE ratio of 6.06, a PEG ratio of 0.78 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 firm has a 50-day moving average price of $159.99 and a two-hundred day moving average price of $190.77.

Universal Health Services (NYSE:UHS) last announced its earnings results on Tuesday, April 28th. The health services provider reported $5.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.41 by $0.21. Universal Health Services had a net margin of 8.56% and a return on equity of 19.57%. The company had revenue of $4.50 billion for the quarter, compared to analyst estimates of $4.39 billion. During the same period in the prior year, the business earned $4.84 earnings per share. Universal Health Services’s quarterly revenue was up 9.6% on a year-over-year basis. As a group, equities analysts anticipate that Universal Health Services, Inc. will post 23.47 earnings per share for the current fiscal year.

Universal Health Services Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 8th were issued a dividend of $0.20 per share. The ex-dividend date of this dividend was Monday, June 8th. This represents a $0.80 annualized dividend and a yield of 0.6%. 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.