Hsbc Holdings PLC Buys 29,717 Shares of Universal Health Services, Inc. $UHS

Hsbc Holdings PLC increased its stake in shares of Universal Health Services, Inc. (NYSE:UHS) by 33.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 119,561 shares of the health services provider’s stock after purchasing an additional 29,717 shares during the period. Hsbc Holdings PLC’s holdings in Universal Health Services were worth $26,136,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in UHS. Rockefeller Capital Management L.P. boosted its holdings in Universal Health Services by 22.7% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,298 shares of the health services provider’s stock worth $283,000 after buying an additional 240 shares during the last quarter. Corient Private Wealth LLC increased its stake in shares of Universal Health Services by 51.4% in the 4th quarter. Corient Private Wealth LLC now owns 54,975 shares of the health services provider’s stock valued at $11,988,000 after acquiring an additional 18,652 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in shares of Universal Health Services in the 4th quarter valued at about $106,000. DGS Capital Management LLC raised its position in shares of Universal Health Services by 13.6% in the 4th quarter. DGS Capital Management LLC now owns 11,009 shares of the health services provider’s stock valued at $2,400,000 after acquiring an additional 1,314 shares during the period. Finally, SG Trading Solutions LLC acquired a new stake in shares of Universal Health Services in the 4th quarter valued at approximately $227,000. Institutional investors own 86.05% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the stock. Stephens cut their target price on shares of Universal Health Services from $235.00 to $205.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 29th. Guggenheim lowered their price objective on shares of Universal Health Services from $238.00 to $211.00 and set a “buy” rating for the company in a research report on Wednesday, April 29th. UBS Group reiterated a “buy” rating on shares of Universal Health Services in a report on Friday, May 29th. JPMorgan Chase & Co. decreased their target price on Universal Health Services from $235.00 to $205.00 and set a “neutral” rating for the company in a research note on Wednesday, May 20th. Finally, Morgan Stanley lowered their price target on Universal Health Services from $233.00 to $212.00 and set an “equal weight” rating for the company in a report on Wednesday, April 29th. Six research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $216.56.

Universal Health Services Trading Down 0.1%

UHS opened at $158.16 on Tuesday. The stock has a market capitalization of $9.58 billion, a P/E ratio of 6.59, a P/E/G ratio of 0.84 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. Universal Health Services, Inc. has a 12 month low of $140.08 and a 12 month high of $246.32. The firm’s fifty day simple moving average is $155.34 and its 200 day simple moving average is $186.63.

Universal Health Services (NYSE:UHS) last released 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 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 analysts’ expectations of $4.39 billion. During the same quarter in the prior year, the company earned $4.84 EPS. The company’s revenue was up 9.6% on a year-over-year basis. As a group, research analysts anticipate that Universal Health Services, Inc. will post 23.47 EPS 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. Stockholders of record on Monday, June 8th were given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Monday, June 8th. Universal Health Services’s dividend payout ratio is currently 3.33%.

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.