BlackRock Inc. Acquires 127,106 Shares of Universal Health Services, Inc. Class B (NYSE:UHS)

BlackRock Inc. boosted its holdings in shares of Universal Health Services, Inc. Class B (NYSE:UHS) by 2.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,465,466 shares of the health services provider’s stock after acquiring an additional 127,106 shares during the period. BlackRock Inc. owned about 6.86% of Universal Health Services, Inc. Class B worth $765,575,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of the business. Wedge Capital Management L L P NC grew its holdings in Universal Health Services, Inc. Class B by 4.5% during the 1st quarter. Wedge Capital Management L L P NC now owns 1,927,332 shares of the health services provider’s stock worth $228,215,000 after acquiring an additional 83,298 shares in the last quarter. Boston Partners grew its holdings in Universal Health Services, Inc. Class B by 5.1% during the 4th quarter. Boston Partners now owns 1,620,863 shares of the health services provider’s stock worth $183,725,000 after acquiring an additional 78,225 shares in the last quarter. Geode Capital Management LLC grew its holdings in Universal Health Services, Inc. Class B by 0.4% during the 4th quarter. Geode Capital Management LLC now owns 986,476 shares of the health services provider’s stock worth $111,593,000 after acquiring an additional 3,488 shares in the last quarter. Sirios Capital Management L P grew its holdings in Universal Health Services, Inc. Class B by 35.9% during the 4th quarter. Sirios Capital Management L P now owns 701,618 shares of the health services provider’s stock worth $79,528,000 after acquiring an additional 185,306 shares in the last quarter. Finally, Thrivent Financial for Lutherans grew its holdings in Universal Health Services, Inc. Class B by 18.0% during the 1st quarter. Thrivent Financial for Lutherans now owns 614,909 shares of the health services provider’s stock worth $72,811,000 after acquiring an additional 94,018 shares in the last quarter. Institutional investors own 85.19% of the company’s stock.

UHS stock opened at $114.59 on Friday. The company has a market capitalization of $11.02 billion, a P/E ratio of 15.22, a P/E/G ratio of 1.12 and a beta of 0.83. The company has a quick ratio of 1.11, a current ratio of 1.19 and a debt-to-equity ratio of 0.72. Universal Health Services, Inc. Class B has a 52 week low of $95.26 and a 52 week high of $128.15.



Universal Health Services, Inc. Class B (NYSE:UHS) last released its earnings results on Wednesday, April 25th. The health services provider reported $2.45 EPS for the quarter, missing analysts’ consensus estimates of $2.59 by ($0.14). The company had revenue of $2.69 billion during the quarter, compared to analyst estimates of $2.75 billion. Universal Health Services, Inc. Class B had a return on equity of 15.24% and a net margin of 7.34%. The firm’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same quarter last year, the business earned $2.10 earnings per share. equities research analysts forecast that Universal Health Services, Inc. Class B will post 9.39 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, June 15th. Investors of record on Friday, June 1st will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.35%. The ex-dividend date of this dividend is Thursday, May 31st. Universal Health Services, Inc. Class B’s dividend payout ratio (DPR) is presently 5.31%.

UHS has been the topic of several recent research reports. Robert W. Baird reiterated a “buy” rating and set a $140.00 target price (up from $122.00) on shares of Universal Health Services, Inc. Class B in a report on Tuesday, March 6th. Morgan Stanley dropped their target price on shares of Universal Health Services, Inc. Class B from $124.00 to $120.00 and set an “equal weight” rating on the stock in a report on Friday, April 27th. Credit Suisse Group restated an “outperform” rating and issued a $140.00 price target (up from $135.00) on shares of Universal Health Services, Inc. Class B in a report on Monday, March 5th. They noted that the move was a valuation call. BMO Capital Markets restated an “outperform” rating and issued a $130.00 price target (up from $125.00) on shares of Universal Health Services, Inc. Class B in a report on Friday, March 2nd. Finally, Royal Bank of Canada restated a “buy” rating and issued a $136.00 price target on shares of Universal Health Services, Inc. Class B in a report on Friday, March 2nd. One analyst has rated the stock with a sell rating, four have given a hold rating and eleven have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $133.13.

About Universal Health Services, Inc. Class B

Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, outpatient facilities, and behavioral health care facilities. The company operates through Acute Care Hospital Services, Behavioral Health Care Services, and Other segments. Its hospital offer general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, coronary care, pediatric services, pharmacy services, and/or behavioral health services.

Institutional Ownership by Quarter for Universal Health Services, Inc. Class B (NYSE:UHS)

Receive News & Ratings for Universal Health Services Inc. Class B Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Universal Health Services Inc. Class B and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply