180 Wealth Advisors LLC Acquires New Holdings in Universal Health Services, Inc. $UHS

180 Wealth Advisors LLC acquired a new position in Universal Health Services, Inc. (NYSE:UHS) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 4,772 shares of the health services provider’s stock, valued at approximately $854,000.

A number of other hedge funds have also added to or reduced their stakes in the business. Elyxium Wealth LLC bought a new position in Universal Health Services during the fourth quarter worth $25,000. Harbor Capital Advisors Inc. acquired a new position in shares of Universal Health Services during the fourth quarter valued at about $26,000. Founders Capital Management bought a new stake in shares of Universal Health Services during the fourth quarter worth about $28,000. Larson Financial Group LLC raised its holdings 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 worth $31,000 after acquiring an additional 106 shares during the last quarter. Finally, CYBER HORNET ETFs LLC acquired a new stake in shares of Universal Health Services in the 2nd quarter worth about $29,000. 86.05% of the stock is currently owned by institutional investors.

Universal Health Services Trading Down 0.0%

NYSE UHS opened at $155.56 on Monday. The business’s fifty day moving average is $154.24 and its 200-day moving average is $184.69. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.08 and a quick ratio of 1.01. The stock has a market capitalization of $9.42 billion, a price-to-earnings ratio of 6.48, a PEG ratio of 0.83 and a beta of 1.07. Universal Health Services, Inc. has a one year low of $140.08 and a one year high of $246.32.

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 for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $4.39 billion. During the same quarter in the prior year, the business earned $4.84 earnings per share. The firm’s revenue for the quarter was up 9.6% on a year-over-year basis. Equities research analysts predict that Universal Health Services, Inc. will post 23.47 EPS for the current year.

Universal Health Services Announces Dividend

The business also recently announced 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 dividend on an annualized basis 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%.

Wall Street Analyst Weigh In

A number of analysts have commented on UHS shares. Guggenheim decreased their price objective on Universal Health Services from $238.00 to $211.00 and set a “buy” rating for the company in a report on Wednesday, April 29th. TD Cowen dropped their target price on Universal Health Services from $230.00 to $197.00 and set a “buy” rating on the stock in a report on Monday, June 22nd. Weiss Ratings cut Universal Health Services from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, May 27th. Deutsche Bank Aktiengesellschaft dropped their price objective on Universal Health Services from $261.00 to $230.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. Finally, Barclays cut shares of Universal Health Services from an “overweight” rating to an “equal weight” rating and set a $179.00 price target on the stock. in a report on Wednesday. Five analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Universal Health Services has a consensus rating of “Hold” and a consensus target price of $212.88.

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.