Burney Co. Has $9.19 Million Stock Holdings in Universal Health Services, Inc. $UHS

Burney Co. decreased its holdings in shares of Universal Health Services, Inc. (NYSE:UHS) by 23.8% during the 1st quarter, Holdings Channel reports. The firm owned 51,342 shares of the health services provider’s stock after selling 16,053 shares during the quarter. Burney Co.’s holdings in Universal Health Services were worth $9,189,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in UHS. Pzena Investment Management LLC lifted its stake 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 valued at $460,590,000 after buying an additional 505,575 shares during the period. Dimensional Fund Advisors LP grew 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 worth $346,447,000 after buying an additional 94,447 shares during the period. Arrowstreet Capital Limited Partnership grew 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 worth $262,932,000 after buying an additional 80,236 shares during the period. Norges Bank bought a new stake in shares of Universal Health Services in the 4th quarter valued at $199,334,000. Finally, Morgan Stanley lifted its position 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 valued at $189,978,000 after acquiring an additional 325,162 shares during the period. Institutional investors and hedge funds own 86.05% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Robert W. Baird cut their target price on shares of 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 decreased their price target on shares of Universal Health Services from $268.00 to $238.00 and set an “overweight” rating for the company in a research note on Tuesday, April 28th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Universal Health Services from $261.00 to $230.00 and set a “buy” rating on the stock in a report on Wednesday, April 29th. 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. Finally, JPMorgan Chase & Co. decreased their target price 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. Six research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $216.56.

Universal Health Services Stock Performance

Shares of UHS stock opened at $158.16 on Tuesday. 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 fifty day simple moving average of $155.34 and a two-hundred day simple moving average of $186.63. Universal Health Services, Inc. has a 12 month low of $140.08 and a 12 month high of $246.32. The firm has a market capitalization of $9.58 billion, a PE ratio of 6.59, a price-to-earnings-growth ratio of 0.84 and a beta of 1.07.

Universal Health Services (NYSE:UHS) last issued its quarterly earnings data on Tuesday, April 28th. The health services provider reported $5.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.41 by $0.21. The firm had revenue of $4.50 billion during the quarter, compared to analysts’ expectations 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 revenue was up 9.6% on a year-over-year basis. During the same period last year, the company earned $4.84 earnings per share. Analysts forecast that Universal Health Services, Inc. will post 23.47 EPS 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. Investors of record on Monday, June 8th were given a $0.20 dividend. The ex-dividend date of this dividend was Monday, June 8th. This represents a $0.80 annualized dividend and a yield of 0.5%. Universal Health Services’s dividend payout ratio (DPR) is presently 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.