Arrowstreet Capital Limited Partnership Boosts Stock Holdings in Universal Health Services, Inc. $UHS

Arrowstreet Capital Limited Partnership boosted its position in Universal Health Services, Inc. (NYSE:UHS) by 1.7% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 1,226,577 shares of the health services provider’s stock after purchasing an additional 20,577 shares during the period. Arrowstreet Capital Limited Partnership’s holdings in Universal Health Services were worth $219,520,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Caxton Associates LLP purchased a new position in shares of Universal Health Services in the 1st quarter worth about $858,000. Inceptionr LLC increased its holdings in Universal Health Services by 457.3% during the first quarter. Inceptionr LLC now owns 7,975 shares of the health services provider’s stock worth $1,427,000 after buying an additional 6,544 shares during the last quarter. Bank of Nova Scotia raised its position in Universal Health Services by 48.6% in the first quarter. Bank of Nova Scotia now owns 12,781 shares of the health services provider’s stock worth $2,287,000 after acquiring an additional 4,181 shares during the period. Sei Investments Co. raised its position in Universal Health Services by 29.5% in the first quarter. Sei Investments Co. now owns 193,969 shares of the health services provider’s stock worth $34,716,000 after acquiring an additional 44,142 shares during the period. Finally, State of Wyoming boosted its stake in Universal Health Services by 436.0% in the first quarter. State of Wyoming now owns 3,350 shares of the health services provider’s stock valued at $600,000 after acquiring an additional 2,725 shares during the last quarter. 86.05% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

UHS has been the subject of several research analyst reports. Raymond James Financial lowered shares of Universal Health Services from an “outperform” rating to a “market perform” rating in a research note on Wednesday, April 29th. Barclays lowered Universal Health Services from an “overweight” rating to an “equal weight” rating and set a $179.00 price objective for the company. in a report on Wednesday, July 8th. UBS Group reissued a “buy” rating on shares of Universal Health Services in a research report on Friday, May 29th. Morgan Stanley lowered their target price on Universal Health Services from $233.00 to $212.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 29th. Finally, Royal Bank Of Canada dropped their price target on 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. Five research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. Based on data from MarketBeat, Universal Health Services has a consensus rating of “Hold” and a consensus target price of $213.73.

Universal Health Services Stock Performance

Universal Health Services stock opened at $155.96 on Friday. Universal Health Services, Inc. has a 1-year low of $140.08 and a 1-year high of $246.32. 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 market capitalization of $9.44 billion, a PE ratio of 6.50, a price-to-earnings-growth ratio of 0.81 and a beta of 1.07. The firm’s 50 day simple moving average is $150.58 and its 200 day simple moving average is $179.85.

Universal Health Services (NYSE:UHS) last announced its quarterly 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. The firm had revenue of $4.50 billion during the quarter, compared to the consensus estimate of $4.39 billion. Universal Health Services had a net margin of 8.56% and a return on equity of 19.57%. The business’s quarterly revenue was up 9.6% compared to the same quarter last year. During the same period last year, the firm earned $4.84 EPS. As a group, 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 dividend of $0.20 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $0.80 annualized dividend and a yield of 0.5%. Universal Health Services’s dividend payout ratio (DPR) is currently 3.33%.

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.