Mn Services Vermogensbeheer B.V. raised its position in shares of Universal Health Services, Inc. (NYSE:UHS) by 508.8% during the second quarter, according to its most recent filing with the SEC. The fund owned 14,557 shares of the health services provider’s stock after buying an additional 12,166 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Universal Health Services were worth $1,777,000 at the end of the most recent quarter.
A number of other large investors have also bought and sold shares of the stock. Vanguard Group Inc. boosted its stake in Universal Health Services by 3.0% in the first quarter. Vanguard Group Inc. now owns 8,777,699 shares of the health services provider’s stock worth $1,092,385,000 after buying an additional 255,063 shares during the period. BlackRock Inc. boosted its stake in Universal Health Services by 2,820.7% in the first quarter. BlackRock Inc. now owns 6,626,205 shares of the health services provider’s stock worth $824,629,000 after buying an additional 6,399,332 shares during the period. FMR LLC boosted its stake in Universal Health Services by 24.3% in the first quarter. FMR LLC now owns 4,418,541 shares of the health services provider’s stock worth $549,888,000 after buying an additional 863,633 shares during the period. State Street Corp boosted its stake in Universal Health Services by 4.8% in the first quarter. State Street Corp now owns 4,124,375 shares of the health services provider’s stock worth $513,281,000 after buying an additional 190,047 shares during the period. Finally, Jana Partners LLC boosted its stake in Universal Health Services by 19.3% in the first quarter. Jana Partners LLC now owns 2,449,017 shares of the health services provider’s stock worth $304,780,000 after buying an additional 397,047 shares during the period. Institutional investors and hedge funds own 86.15% of the company’s stock.
Shares of Universal Health Services, Inc. (NYSE:UHS) opened at 124.42 on Friday. Universal Health Services, Inc. has a 12-month low of $99.72 and a 12-month high of $138.77. The stock’s 50 day moving average price is $118.40 and its 200 day moving average price is $119.00. The firm has a market capitalization of $12.03 billion, a price-to-earnings ratio of 16.98 and a beta of 1.08.
Universal Health Services (NYSE:UHS) last released its quarterly earnings data on Tuesday, April 25th. The health services provider reported $2.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.07 by $0.03. Universal Health Services had a return on equity of 15.99% and a net margin of 7.23%. The company had revenue of $2.61 billion for the quarter, compared to analyst estimates of $2.65 billion. During the same period in the previous year, the company posted $1.98 EPS. The firm’s revenue for the quarter was up 6.7% compared to the same quarter last year. Equities research analysts expect that Universal Health Services, Inc. will post $8.00 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Friday, September 1st will be paid a dividend of $0.10 per share. The ex-dividend date is Wednesday, August 30th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.32%. Universal Health Services’s payout ratio is 5.46%.
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A number of equities research analysts recently weighed in on UHS shares. Deutsche Bank AG started coverage on Universal Health Services in a research note on Tuesday, April 4th. They issued a “buy” rating and a $145.00 price target on the stock. Zacks Investment Research cut Universal Health Services from a “buy” rating to a “hold” rating in a research note on Thursday, July 13th. Mizuho upgraded Universal Health Services from a “neutral” rating to a “buy” rating and increased their price target for the company from $133.00 to $138.00 in a research note on Monday, March 27th. BidaskClub cut Universal Health Services from a “sell” rating to a “strong sell” rating in a research note on Friday, June 9th. Finally, Piper Jaffray Companies reaffirmed an “overweight” rating and issued a $147.00 price objective on shares of Universal Health Services in a report on Monday, April 17th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $141.45.
About Universal Health Services
Universal Health Services, Inc is a holding company. The Company’s principal business is owning and operating, through its subsidiaries, acute care hospitals and outpatient facilities, and behavioral healthcare facilities. The Company’s segments include Acute Care Hospital Services, Behavioral Health Services and Other.
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