Empowered Funds LLC Has $20.11 Million Stake in Universal Health Services, Inc. $UHS

Empowered Funds LLC boosted its position in shares of Universal Health Services, Inc. (NYSE:UHS) by 5.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 135,220 shares of the health services provider’s stock after acquiring an additional 6,538 shares during the quarter. Empowered Funds LLC owned 0.23% of Universal Health Services worth $20,106,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of UHS. Elyxium Wealth LLC bought a new position in Universal Health Services during the fourth quarter worth about $25,000. CYBER HORNET ETFs LLC bought a new stake in Universal Health Services in the second quarter valued at approximately $29,000. Elevation Wealth Partners LLC raised its stake in Universal Health Services by 503.1% in the second quarter. Elevation Wealth Partners LLC now owns 193 shares of the health services provider’s stock valued at $29,000 after buying an additional 161 shares during the period. MUFG Securities EMEA plc acquired a new stake in shares of Universal Health Services in the second quarter valued at approximately $31,000. Finally, Larson Financial Group LLC lifted its position in shares of Universal Health Services by 302.9% in the fourth quarter. Larson Financial Group LLC now owns 141 shares of the health services provider’s stock valued at $31,000 after buying an additional 106 shares during the last quarter. Institutional investors own 86.05% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. Robert W. Baird decreased their target price on Universal Health Services from $204.00 to $166.00 and set a “neutral” rating on the stock in a report on Wednesday, July 29th. UBS Group set a $290.00 price target on Universal Health Services in a report on Wednesday, July 29th. Wells Fargo & Company lifted their price objective on shares of Universal Health Services from $165.00 to $166.00 and gave the stock an “equal weight” rating in a research report on Monday, July 13th. Morgan Stanley decreased their price objective on shares of Universal Health Services from $212.00 to $191.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 29th. Finally, Royal Bank Of Canada reissued a “sector perform” rating and issued a $183.00 price objective on shares of Universal Health Services in a research report on Thursday, August 20th. Five equities research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $204.93.

Universal Health Services Price Performance

Shares of NYSE UHS opened at $172.81 on Friday. The firm has a market cap of $10.19 billion, a P/E ratio of 7.04, a price-to-earnings-growth ratio of 0.96 and a beta of 1.05. The business’s 50 day moving average is $160.52 and its 200-day moving average is $173.69. The company has a current ratio of 1.12, a quick ratio of 1.04 and a debt-to-equity ratio of 0.54. Universal Health Services, Inc. has a 1-year low of $140.08 and a 1-year high of $246.32.

Universal Health Services (NYSE:UHS) last released its quarterly earnings results on Tuesday, July 28th. The health services provider reported $5.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.94 by $0.04. Universal Health Services had a return on equity of 19.39% and a net margin of 8.42%.The business had revenue of $4.64 billion during the quarter, compared to the consensus estimate of $4.58 billion. During the same period in the previous year, the company posted $5.35 EPS. The firm’s quarterly revenue was up 8.3% on a year-over-year basis. Equities research analysts predict that Universal Health Services, Inc. will post 23.01 earnings per share for the current year.

Universal Health Services Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Tuesday, September 1st. Universal Health Services’s payout ratio is presently 3.26%.

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.