Deutsche Bank AG boosted its position in Universal Health Services, Inc. (NYSE:UHS – Free Report) by 6.1% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 271,393 shares of the health services provider’s stock after purchasing an additional 15,565 shares during the quarter. Deutsche Bank AG owned about 0.42% of Universal Health Services worth $50,995,000 at the end of the most recent reporting period.
Other hedge funds have also modified their holdings of the company. UMB Bank n.a. grew its holdings in shares of Universal Health Services by 49.3% during the first quarter. UMB Bank n.a. now owns 203 shares of the health services provider’s stock worth $38,000 after buying an additional 67 shares in the last quarter. Coldstream Capital Management Inc. grew its stake in Universal Health Services by 5.9% in the 4th quarter. Coldstream Capital Management Inc. now owns 1,266 shares of the health services provider’s stock worth $227,000 after acquiring an additional 71 shares during the period. MetLife Investment Management LLC grew its stake in Universal Health Services by 0.5% in the 4th quarter. MetLife Investment Management LLC now owns 15,512 shares of the health services provider’s stock worth $2,783,000 after acquiring an additional 80 shares during the period. IFP Advisors Inc grew its stake in Universal Health Services by 6.7% in the 1st quarter. IFP Advisors Inc now owns 1,315 shares of the health services provider’s stock worth $247,000 after acquiring an additional 82 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd grew its stake in Universal Health Services by 1.2% in the 1st quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 7,338 shares of the health services provider’s stock worth $1,379,000 after acquiring an additional 85 shares during the period. 86.05% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of equities research analysts have recently commented on the company. Baird R W downgraded Universal Health Services from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 15th. Wall Street Zen cut Universal Health Services from a “strong-buy” rating to a “buy” rating in a report on Sunday. Bank of America cut Universal Health Services from a “neutral” rating to an “underperform” rating and lowered their price target for the company from $215.00 to $185.00 in a report on Wednesday, July 16th. JPMorgan Chase & Co. lowered their target price on shares of Universal Health Services from $215.00 to $195.00 and set a “neutral” rating for the company in a report on Monday, August 4th. Finally, UBS Group set a $227.00 target price on shares of Universal Health Services in a report on Wednesday, July 30th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat.com, Universal Health Services has an average rating of “Hold” and a consensus target price of $216.54.
Insider Buying and Selling at Universal Health Services
In other Universal Health Services news, Director Maria Ruderman Singer sold 1,097 shares of the firm’s stock in a transaction on Wednesday, May 14th. The shares were sold at an average price of $191.48, for a total transaction of $210,053.56. Following the completion of the transaction, the director directly owned 7,884 shares of the company’s stock, valued at $1,509,628.32. This trade represents a 12.21% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 16.40% of the company’s stock.
Universal Health Services Stock Down 0.3%
Shares of Universal Health Services stock opened at $171.77 on Tuesday. The business has a 50-day moving average of $174.33 and a 200-day moving average of $179.02. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.29 and a quick ratio of 1.19. The company has a market capitalization of $11.16 billion, a PE ratio of 9.05, a P/E/G ratio of 0.71 and a beta of 1.24. Universal Health Services, Inc. has a 1-year low of $152.33 and a 1-year high of $243.25.
Universal Health Services (NYSE:UHS – Get Free Report) last issued its quarterly earnings data on Monday, July 28th. The health services provider reported $5.35 earnings per share for the quarter, beating analysts’ consensus estimates of $4.85 by $0.50. Universal Health Services had a return on equity of 18.22% and a net margin of 7.66%. The firm had revenue of $4.28 billion during the quarter, compared to analyst estimates of $4.24 billion. During the same quarter last year, the firm earned $4.31 EPS. Universal Health Services’s quarterly revenue was up 9.6% on a year-over-year basis. As a group, equities analysts forecast that Universal Health Services, Inc. will post 15.92 EPS for the current fiscal year.
Universal Health Services Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Tuesday, September 2nd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.5%. Universal Health Services’s dividend payout ratio (DPR) is presently 4.21%.
About Universal Health Services
Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities. It operates through Acute Care Hospital Services and Behavioral Health Care Services segments. The company's hospitals offer general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic and coronary care, pediatric services, pharmacy services, and/or behavioral health services.
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