Allianz Asset Management GmbH Boosts Stock Position in Universal Health Services, Inc. $UHS

Allianz Asset Management GmbH grew its stake in Universal Health Services, Inc. (NYSE:UHS) by 20.3% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 291,017 shares of the health services provider’s stock after purchasing an additional 49,136 shares during the period. Allianz Asset Management GmbH owned approximately 0.45% of Universal Health Services worth $52,718,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in UHS. AQR Capital Management LLC grew its position in shares of Universal Health Services by 57.8% in the first quarter. AQR Capital Management LLC now owns 931,355 shares of the health services provider’s stock valued at $173,381,000 after purchasing an additional 340,966 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in Universal Health Services by 329.4% in the first quarter. Ameriprise Financial Inc. now owns 404,806 shares of the health services provider’s stock valued at $76,081,000 after acquiring an additional 310,531 shares during the last quarter. Nuveen LLC acquired a new position in Universal Health Services in the first quarter valued at approximately $25,555,000. Assenagon Asset Management S.A. lifted its holdings in Universal Health Services by 119.5% in the second quarter. Assenagon Asset Management S.A. now owns 241,164 shares of the health services provider’s stock valued at $43,687,000 after acquiring an additional 131,305 shares during the last quarter. Finally, Canada Pension Plan Investment Board lifted its holdings in Universal Health Services by 113.5% in the first quarter. Canada Pension Plan Investment Board now owns 242,500 shares of the health services provider’s stock valued at $45,566,000 after acquiring an additional 128,900 shares during the last quarter. 86.05% of the stock is currently owned by hedge funds and other institutional investors.

Universal Health Services Stock Up 0.1%

Universal Health Services stock opened at $204.48 on Friday. Universal Health Services, Inc. has a twelve month low of $152.33 and a twelve month high of $240.26. The stock’s fifty day simple moving average is $191.08 and its 200-day simple moving average is $182.39. The company has a current ratio of 1.29, a quick ratio of 1.19 and a debt-to-equity ratio of 0.64. The firm has a market capitalization of $13.01 billion, a P/E ratio of 10.77, a P/E/G ratio of 0.84 and a beta of 1.30.

Universal Health Services (NYSE:UHS) last posted its quarterly earnings data on Monday, July 28th. The health services provider reported $5.35 earnings per share for the quarter, topping analysts’ consensus estimates of $4.85 by $0.50. Universal Health Services had a return on equity of 18.25% and a net margin of 7.66%.The business had revenue of $4.28 billion for the quarter, compared to analyst estimates of $4.24 billion. During the same quarter in the prior year, the company earned $4.31 earnings per share. The company’s revenue was up 9.6% on a year-over-year basis. Universal Health Services has set its FY 2025 guidance at 20.000-21.000 EPS. As a group, equities analysts expect that Universal Health Services, Inc. will post 15.92 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms recently commented on UHS. Wells Fargo & Company upped their price objective on Universal Health Services from $210.00 to $249.00 and gave the company an “overweight” rating in a report on Tuesday, October 7th. Cantor Fitzgerald reiterated a “neutral” rating and issued a $227.00 price objective on shares of Universal Health Services in a report on Tuesday, October 7th. Barclays decreased their price objective on Universal Health Services from $259.00 to $250.00 and set an “overweight” rating on the stock in a report on Thursday, September 18th. JPMorgan Chase & Co. decreased their price objective on Universal Health Services from $215.00 to $195.00 and set a “neutral” rating on the stock in a report on Monday, August 4th. Finally, The Goldman Sachs Group initiated coverage on Universal Health Services in a report on Tuesday. They issued a “neutral” rating and a $219.00 price objective on the stock. Four investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $218.69.

Universal Health Services Profile

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.