Talon Private Wealth LLC Takes Position in Universal Health Services, Inc. $UHS

Talon Private Wealth LLC bought a new position in shares of Universal Health Services, Inc. (NYSE:UHS) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 5,222 shares of the health services provider’s stock, valued at approximately $776,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Corient Private Wealth LLC lifted its holdings in shares of Universal Health Services by 51.4% in the fourth quarter. Corient Private Wealth LLC now owns 54,975 shares of the health services provider’s stock valued at $11,988,000 after purchasing an additional 18,652 shares in the last quarter. Y Intercept Hong Kong Ltd boosted its position in shares of Universal Health Services by 79.8% during the first quarter. Y Intercept Hong Kong Ltd now owns 47,576 shares of the health services provider’s stock valued at $8,515,000 after buying an additional 21,122 shares during the last quarter. Hsbc Holdings PLC boosted its position in shares of Universal Health Services by 33.1% during the fourth quarter. Hsbc Holdings PLC now owns 119,561 shares of the health services provider’s stock valued at $26,136,000 after buying an additional 29,717 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in Universal Health Services by 58.2% during the first quarter. Janney Montgomery Scott LLC now owns 15,961 shares of the health services provider’s stock worth $2,857,000 after buying an additional 5,870 shares in the last quarter. Finally, WINTON GROUP Ltd grew its holdings in Universal Health Services by 1,172.0% during the fourth quarter. WINTON GROUP Ltd now owns 30,440 shares of the health services provider’s stock worth $6,637,000 after buying an additional 28,047 shares in the last quarter. Institutional investors and hedge funds own 86.05% of the company’s stock.

Universal Health Services Stock Performance

UHS stock opened at $174.82 on Friday. The company has a quick ratio of 1.04, a current ratio of 1.12 and a debt-to-equity ratio of 0.54. The firm has a market cap of $10.30 billion, a PE ratio of 7.12, a P/E/G ratio of 0.93 and a beta of 1.06. The business has a 50 day moving average of $165.65 and a 200-day moving average of $169.64. Universal Health Services, Inc. has a 12-month low of $140.08 and a 12-month high of $246.32.

Universal Health Services (NYSE:UHS) last issued its quarterly earnings results on Tuesday, July 28th. The health services provider reported $5.98 EPS for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $4.58 billion. During the same period last year, the company posted $5.35 earnings per share. Universal Health Services’s quarterly revenue was up 8.3% compared to the same quarter last year. As a group, sell-side analysts expect that Universal Health Services, Inc. will post 22.96 earnings per share for the current year.

Universal Health Services Dividend Announcement

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 dividend of $0.20 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $0.80 annualized dividend and a dividend yield of 0.5%. Universal Health Services’s dividend payout ratio (DPR) is currently 3.26%.

Analyst Upgrades and Downgrades

UHS has been the topic of several recent analyst reports. The Goldman Sachs Group dropped their price objective on Universal Health Services from $242.00 to $190.00 and set a “neutral” rating on the stock in a research note on Thursday, July 30th. Morgan Stanley reduced their target price on shares of Universal Health Services from $212.00 to $191.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 29th. Weiss Ratings upgraded shares of Universal Health Services from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, August 18th. JPMorgan Chase & Co. lowered their target price on shares of Universal Health Services from $235.00 to $205.00 and set a “neutral” rating for the company in a report on Wednesday, May 20th. Finally, Cantor Fitzgerald reissued a “neutral” rating and set a $194.00 price target on shares of Universal Health Services in a research report on Tuesday, July 28th. Five analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $204.93.

Universal Health Services Company Profile

Universal Health Services, Inc (NYSE: UHS) is a healthcare services company that owns and operates hospitals, outpatient facilities and other healthcare organizations. Its operations are primarily focused on acute care and behavioral health services, serving patients through a network of hospitals, treatment centers and ambulatory facilities.

The company’s acute care activities include general and specialty hospitals that provide services such as emergency care, surgery, inpatient treatment and diagnostic procedures.