Aaron Wealth Advisors LLC Reduces Holdings in Universal Health Services, Inc. $UHS

Aaron Wealth Advisors LLC decreased its position in shares of Universal Health Services, Inc. (NYSE:UHS) by 65.9% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 2,240 shares of the health services provider’s stock after selling 4,323 shares during the quarter. Aaron Wealth Advisors LLC’s holdings in Universal Health Services were worth $401,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in UHS. Blair William & Co. IL boosted its holdings in Universal Health Services by 4.1% in the 4th quarter. Blair William & Co. IL now owns 1,390 shares of the health services provider’s stock worth $303,000 after buying an additional 55 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in shares of Universal Health Services by 3.3% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 1,794 shares of the health services provider’s stock worth $367,000 after acquiring an additional 58 shares in the last quarter. Avanza Fonder AB lifted its position in shares of Universal Health Services by 6.1% during the fourth quarter. Avanza Fonder AB now owns 1,027 shares of the health services provider’s stock worth $224,000 after acquiring an additional 59 shares in the last quarter. Resonant Capital Advisors LLC lifted its position in shares of Universal Health Services by 1.6% during the fourth quarter. Resonant Capital Advisors LLC now owns 3,859 shares of the health services provider’s stock worth $841,000 after acquiring an additional 60 shares in the last quarter. Finally, Triad Wealth Partners LLC boosted its holdings in shares of Universal Health Services by 3.4% in the first quarter. Triad Wealth Partners LLC now owns 1,858 shares of the health services provider’s stock worth $333,000 after acquiring an additional 61 shares during the period. Hedge funds and other institutional investors own 86.05% of the company’s stock.

Universal Health Services Trading Down 0.1%

Universal Health Services stock opened at $145.58 on Monday. 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, Inc. has a fifty-two week low of $140.08 and a fifty-two week high of $246.32. The stock has a market cap of $8.81 billion, a P/E ratio of 6.07, a PEG ratio of 0.78 and a beta of 1.07. The firm’s fifty day moving average price is $158.55 and its 200-day moving average price is $189.60.

Universal Health Services (NYSE:UHS) last posted its quarterly earnings data on Tuesday, April 28th. The health services provider reported $5.62 earnings per share (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 company had revenue of $4.50 billion during the quarter, compared to analyst estimates of $4.39 billion. During the same quarter last year, the company earned $4.84 earnings per share. The firm’s quarterly revenue was up 9.6% on a year-over-year basis. Equities research analysts forecast that Universal Health Services, Inc. will post 23.47 earnings per share for the current fiscal year.

Universal Health Services Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 8th were issued a $0.20 dividend. The ex-dividend date of this dividend was Monday, June 8th. This represents a $0.80 annualized dividend and a dividend yield of 0.5%. Universal Health Services’s dividend payout ratio (DPR) is presently 3.33%.

Wall Street Analyst Weigh In

UHS has been the subject of several recent research reports. Guggenheim reduced their price target on 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. Weiss Ratings downgraded Universal Health Services from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, May 27th. Wells Fargo & Company began coverage on Universal Health Services in a research note on Monday, June 1st. They issued an “equal weight” rating and a $165.00 target price for the company. Cantor Fitzgerald reduced their target price on Universal Health Services from $229.00 to $194.00 and set a “neutral” rating for the company in a report on Wednesday, April 29th. Finally, Wall Street Zen cut Universal Health Services from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Six analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Universal Health Services has a consensus rating of “Hold” and an average price target of $216.56.

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.