Universal Health Services, Inc. $UHS Stock Holdings Increased by Fifth Third Bancorp

Fifth Third Bancorp boosted its holdings in shares of Universal Health Services, Inc. (NYSE:UHS) by 1,543.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 24,011 shares of the health services provider’s stock after purchasing an additional 22,550 shares during the period. Fifth Third Bancorp’s holdings in Universal Health Services were worth $4,297,000 at the end of the most recent quarter.

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

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on UHS shares. UBS Group reaffirmed a “buy” rating on shares of Universal Health Services in a research report on Friday, May 29th. JPMorgan Chase & Co. decreased their price target on Universal Health Services from $235.00 to $205.00 and set a “neutral” rating for the company in a research report on Wednesday, May 20th. Robert W. Baird dropped their price target on Universal Health Services from $241.00 to $204.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 29th. Barclays downgraded Universal Health Services from an “overweight” rating to an “equal weight” rating and set a $179.00 price objective on the stock. in a report on Wednesday, July 8th. Finally, Cantor Fitzgerald reduced their price objective on shares of Universal Health Services from $229.00 to $194.00 and set a “neutral” rating for the company in a research note on Wednesday, April 29th. Five research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $214.80.

Universal Health Services Price Performance

Shares of NYSE:UHS opened at $151.41 on Friday. The company’s fifty day moving average is $152.40 and its two-hundred day moving average is $182.29. The company has a market cap of $9.17 billion, a P/E ratio of 6.31, a price-to-earnings-growth ratio of 0.81 and a beta of 1.07. Universal Health Services, Inc. has a 12-month low of $140.08 and a 12-month high of $246.32. The company has a quick ratio of 1.01, a current ratio of 1.08 and a debt-to-equity ratio of 0.52.

Universal Health Services (NYSE:UHS) last issued its earnings results on Tuesday, April 28th. The health services provider reported $5.62 EPS for the quarter, topping 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 business had revenue of $4.50 billion during the quarter, compared to analysts’ expectations of $4.39 billion. During the same quarter last year, the firm posted $4.84 earnings per share. Universal Health Services’s revenue was up 9.6% compared to the same quarter last year. Equities analysts expect that Universal Health Services, Inc. will post 23.44 earnings per share for the current fiscal year.

Universal Health Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be paid a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Tuesday, September 1st. 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.