Universal Health Services, Inc. $UHS Holdings Raised by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC lifted its stake in shares of Universal Health Services, Inc. (NYSE:UHS) by 58.2% during the first quarter, Holdings Channel.com reports. The fund owned 15,961 shares of the health services provider’s stock after purchasing an additional 5,870 shares during the period. Janney Montgomery Scott LLC’s holdings in Universal Health Services were worth $2,857,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in UHS. NewEdge Advisors LLC grew its holdings in Universal Health Services by 2.7% during the first quarter. NewEdge Advisors LLC now owns 2,665 shares of the health services provider’s stock worth $501,000 after acquiring an additional 69 shares during the period. United Services Automobile Association acquired a new stake in Universal Health Services in the 1st quarter valued at about $235,000. Focus Partners Wealth boosted its position in shares of Universal Health Services by 80.6% during the 1st quarter. Focus Partners Wealth now owns 2,631 shares of the health services provider’s stock valued at $494,000 after purchasing an additional 1,174 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in shares of Universal Health Services by 95.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 583 shares of the health services provider’s stock valued at $106,000 after purchasing an additional 284 shares in the last quarter. Finally, Gamco Investors INC. ET AL acquired a new position in shares of Universal Health Services in the 2nd quarter worth approximately $379,000. Institutional investors own 86.05% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on UHS shares. Robert W. Baird reduced their target price on shares of Universal Health Services from $241.00 to $204.00 and set a “neutral” rating for the company in a report on Wednesday, April 29th. Royal Bank Of Canada dropped their price target on Universal Health Services from $216.00 to $190.00 and set a “sector perform” rating on the stock in a report on Wednesday, April 29th. Morgan Stanley cut their price objective on Universal Health Services from $233.00 to $212.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 29th. Barclays reduced their price objective on Universal Health Services from $268.00 to $238.00 and set an “overweight” rating for the company in a research note on Tuesday, April 28th. Finally, Stephens decreased their target price on Universal Health Services from $235.00 to $205.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 29th. Six investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Universal Health Services has an average rating of “Hold” and an average target price of $216.56.

Universal Health Services Price Performance

NYSE UHS opened at $161.55 on Wednesday. The company has a quick ratio of 1.01, a current ratio of 1.08 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $9.78 billion, a PE ratio of 6.73, a price-to-earnings-growth ratio of 0.84 and a beta of 1.07. Universal Health Services, Inc. has a 12-month low of $140.08 and a 12-month high of $246.32. The company has a 50 day moving average price of $155.09 and a two-hundred day moving average price of $186.19.

Universal Health Services (NYSE:UHS) last issued its quarterly earnings data on Tuesday, April 28th. The health services provider reported $5.62 EPS for the quarter, beating analysts’ consensus estimates of $5.41 by $0.21. Universal Health Services had a return on equity of 19.57% and a net margin of 8.56%.The business had revenue of $4.50 billion for the quarter, compared to analyst estimates of $4.39 billion. During the same quarter in the prior year, the firm posted $4.84 EPS. The firm’s revenue for the quarter was up 9.6% on a year-over-year basis. As a group, equities analysts predict that Universal Health Services, Inc. will post 23.47 earnings per share for the current fiscal year.

Universal Health Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 8th were issued a dividend of $0.20 per share. The ex-dividend date was Monday, June 8th. This represents a $0.80 annualized dividend and a dividend yield of 0.5%. Universal Health Services’s payout ratio is presently 3.33%.

Universal Health Services Profile

Universal Health Services, Inc (NYSE: UHS) is one of the largest diversified health care management companies in the United States, offering a broad spectrum of services through its acute care hospital and behavioral health segments. The company operates general acute care hospitals, surgical hospitals and ambulatory centers, as well as inpatient and outpatient behavioral health facilities. Its network provides emergency and specialized medicine, diagnostic imaging, laboratory services, advanced surgical care and rehabilitation, complemented by a comprehensive array of behavioral services including psychiatric treatment, addiction programs and developmental disabilities care.

In the acute care segment, UHS’s facilities deliver services ranging from emergency department treatment and intensive care to maternity care and outpatient surgery.