Arbejdsmarkedets Tillaegspension Buys 33,064 Shares of Universal Health Services, Inc. $UHS

Arbejdsmarkedets Tillaegspension raised its stake in shares of Universal Health Services, Inc. (NYSE:UHS) by 32.0% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 136,277 shares of the health services provider’s stock after purchasing an additional 33,064 shares during the quarter. Arbejdsmarkedets Tillaegspension’s holdings in Universal Health Services were worth $24,389,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Pzena Investment Management LLC boosted its stake in Universal Health Services by 31.5% during the 4th quarter. Pzena Investment Management LLC now owns 2,112,604 shares of the health services provider’s stock worth $460,590,000 after acquiring an additional 505,575 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Universal Health Services by 6.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,588,911 shares of the health services provider’s stock worth $346,447,000 after purchasing an additional 94,447 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in shares of Universal Health Services by 7.1% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,206,000 shares of the health services provider’s stock valued at $262,932,000 after buying an additional 80,236 shares during the period. Norges Bank acquired a new position in shares of Universal Health Services in the 4th quarter valued at $199,334,000. Finally, Morgan Stanley increased its position in shares of Universal Health Services by 59.5% in the 4th quarter. Morgan Stanley now owns 871,377 shares of the health services provider’s stock valued at $189,978,000 after buying an additional 325,162 shares in the last quarter. 86.05% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several brokerages recently commented on UHS. UBS Group reaffirmed a “buy” rating on shares of Universal Health Services in a research note on Friday, May 29th. Wells Fargo & Company boosted their target price on Universal Health Services from $165.00 to $166.00 and gave the company an “equal weight” rating in a research note on Monday. Robert W. Baird lowered their price target on Universal Health Services from $241.00 to $204.00 and set a “neutral” rating for the company in a report on Wednesday, April 29th. Weiss Ratings lowered Universal Health Services from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, May 27th. Finally, TD Cowen dropped their price target on Universal Health Services from $230.00 to $197.00 and set a “buy” rating on the stock in a research report on Monday, June 22nd. Five investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $212.94.

Universal Health Services Stock Down 1.8%

NYSE:UHS opened at $152.76 on Tuesday. The stock has a 50-day simple moving average of $153.93 and a 200 day simple moving average of $184.17. Universal Health Services, Inc. has a 52-week low of $140.08 and a 52-week high of $246.32. The company has a market cap of $9.25 billion, a PE ratio of 6.37, a PEG ratio of 0.83 and a beta of 1.07. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.01 and a current ratio of 1.08.

Universal Health Services (NYSE:UHS) last released its earnings results on Tuesday, April 28th. The health services provider reported $5.62 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 for the quarter, compared to analysts’ expectations of $4.39 billion. During the same quarter in the previous year, the business posted $4.84 EPS. The business’s quarterly revenue was up 9.6% compared to the same quarter last year. On average, sell-side analysts expect that Universal Health Services, Inc. will post 23.47 EPS for the current fiscal year.

Universal Health Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 8th were issued a $0.20 dividend. The ex-dividend date was Monday, June 8th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.5%. Universal Health Services’s dividend payout ratio (DPR) is 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.