SG Americas Securities LLC Has $15.61 Million Stock Holdings in Universal Health Services, Inc. $UHS

SG Americas Securities LLC decreased its holdings in shares of Universal Health Services, Inc. (NYSE:UHS) by 46.7% in the 1st quarter, Holdings Channel.com reports. The firm owned 87,227 shares of the health services provider’s stock after selling 76,513 shares during the quarter. SG Americas Securities LLC’s holdings in Universal Health Services were worth $15,611,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank bought a new stake in shares of Universal Health Services in the fourth quarter valued at approximately $199,334,000. Pzena Investment Management LLC lifted its position in shares of Universal Health Services by 31.5% in the 4th quarter. Pzena Investment Management LLC now owns 2,112,604 shares of the health services provider’s stock worth $460,590,000 after acquiring an additional 505,575 shares during the period. Nomura Holdings Inc. lifted its position in Universal Health Services by 100.6% in the second quarter. Nomura Holdings Inc. now owns 2,560 shares of the health services provider’s stock worth $464,000 after purchasing an additional 426,211 shares during the period. Morgan Stanley increased its holdings in Universal Health Services by 59.5% in the 4th quarter. Morgan Stanley now owns 871,377 shares of the health services provider’s stock valued at $189,978,000 after buying an additional 325,162 shares during the period. Finally, Holocene Advisors LP raised its stake in shares of Universal Health Services by 262.4% in the 3rd quarter. Holocene Advisors LP now owns 358,885 shares of the health services provider’s stock valued at $73,370,000 after buying an additional 259,861 shares in the last quarter. Institutional investors and hedge funds own 86.05% of the company’s stock.

Universal Health Services Stock Down 0.8%

UHS stock opened at $144.31 on Friday. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.08 and a quick ratio of 1.01. The stock has a market capitalization of $8.74 billion, a P/E ratio of 6.01, a P/E/G ratio of 0.78 and a beta of 1.07. The business has a 50-day moving average of $159.24 and a 200-day moving average of $190.16. Universal Health Services, Inc. has a fifty-two week low of $140.08 and a fifty-two week high of $246.32.

Universal Health Services (NYSE:UHS) last posted its quarterly earnings data on Tuesday, April 28th. The health services provider reported $5.62 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to the consensus estimate of $4.39 billion. During the same period last year, the company earned $4.84 earnings per share. Universal Health Services’s quarterly revenue was up 9.6% on a year-over-year basis. On average, sell-side analysts anticipate that Universal Health Services, Inc. will post 23.47 earnings per share for the current fiscal year.

Universal Health Services Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 8th were paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Monday, June 8th. Universal Health Services’s dividend payout ratio (DPR) is currently 3.33%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on UHS. TD Cowen dropped their target price on Universal Health Services from $230.00 to $197.00 and set a “buy” rating for the company in a report on Monday. Barclays lowered their target price 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. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Universal Health Services from $261.00 to $230.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. Robert W. Baird cut their target price on Universal Health Services from $241.00 to $204.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 29th. Finally, Wells Fargo & Company assumed coverage on shares of Universal Health Services in a report on Monday, June 1st. They issued an “equal weight” rating and a $165.00 target price on the stock. Six analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $216.56.

Universal Health Services Company 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.