Ritholtz Wealth Management Sells 206 Shares of Universal Health Services, Inc. $UHS

Ritholtz Wealth Management reduced its position in Universal Health Services, Inc. (NYSE:UHS) by 2.7% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 7,566 shares of the health services provider’s stock after selling 206 shares during the period. Ritholtz Wealth Management’s holdings in Universal Health Services were worth $1,371,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in UHS. Zions Bancorporation National Association UT acquired a new stake in shares of Universal Health Services in the 1st quarter valued at $30,000. Federated Hermes Inc. increased its stake in shares of Universal Health Services by 89.7% in the 1st quarter. Federated Hermes Inc. now owns 258 shares of the health services provider’s stock valued at $48,000 after buying an additional 122 shares during the period. Farther Finance Advisors LLC increased its stake in shares of Universal Health Services by 22.9% in the 2nd quarter. Farther Finance Advisors LLC now owns 354 shares of the health services provider’s stock valued at $64,000 after buying an additional 66 shares during the period. Harvest Fund Management Co. Ltd increased its stake in shares of Universal Health Services by 1,872.0% in the 1st quarter. Harvest Fund Management Co. Ltd now owns 493 shares of the health services provider’s stock valued at $92,000 after buying an additional 468 shares during the period. Finally, Reyes Financial Architecture Inc. acquired a new stake in shares of Universal Health Services in the 2nd quarter valued at $100,000. 86.05% of the stock is owned by institutional investors and hedge funds.

Universal Health Services Stock Up 0.1%

NYSE:UHS opened at $204.48 on Friday. Universal Health Services, Inc. has a 1 year low of $152.33 and a 1 year high of $240.26. 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 stock has a market cap of $13.01 billion, a price-to-earnings ratio of 10.77, a PEG ratio of 0.84 and a beta of 1.30. The stock has a 50-day moving average price of $191.08 and a two-hundred day moving average price of $182.39.

Universal Health Services (NYSE:UHS) last posted its earnings results on Monday, July 28th. The health services provider reported $5.35 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $4.28 billion during the quarter, compared to analysts’ expectations of $4.24 billion. During the same period in the previous year, the firm 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 year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on UHS shares. Royal Bank Of Canada lifted their target price on Universal Health Services from $201.00 to $206.00 and gave the company a “sector perform” rating in a research note on Tuesday, August 19th. Wall Street Zen raised Universal Health Services from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 11th. Barclays decreased their price objective on Universal Health Services from $259.00 to $250.00 and set an “overweight” rating for the company in a research note on Thursday, September 18th. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $227.00 price objective on shares of Universal Health Services in a research note on Tuesday, October 7th. Finally, UBS Group set a $227.00 price objective on Universal Health Services in a research note on Wednesday, July 30th. Four investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Universal Health Services presently has an average rating of “Hold” and a consensus target price of $218.69.

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.