New York State Teachers Retirement System Cuts Stock Holdings in Universal Health Services, Inc. $UHS

New York State Teachers Retirement System lowered its holdings in Universal Health Services, Inc. (NYSE:UHS) by 0.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 60,104 shares of the health services provider’s stock after selling 359 shares during the period. New York State Teachers Retirement System’s holdings in Universal Health Services were worth $10,888,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Zions Bancorporation National Association UT purchased a new position in Universal Health Services in the first quarter worth $30,000. Federated Hermes Inc. boosted its position in Universal Health Services by 89.7% in the first quarter. Federated Hermes Inc. now owns 258 shares of the health services provider’s stock worth $48,000 after purchasing an additional 122 shares during the last quarter. Farther Finance Advisors LLC boosted its position in Universal Health Services by 22.9% in the second quarter. Farther Finance Advisors LLC now owns 354 shares of the health services provider’s stock worth $64,000 after purchasing an additional 66 shares during the last quarter. Harvest Fund Management Co. Ltd boosted its position in Universal Health Services by 1,872.0% in the first quarter. Harvest Fund Management Co. Ltd now owns 493 shares of the health services provider’s stock worth $92,000 after purchasing an additional 468 shares during the last quarter. Finally, Quarry LP boosted its position in Universal Health Services by 46.6% in the first quarter. Quarry LP now owns 544 shares of the health services provider’s stock worth $102,000 after purchasing an additional 173 shares during the last quarter. Hedge funds and other institutional investors own 86.05% of the company’s stock.

Universal Health Services Stock Performance

NYSE:UHS opened at $204.48 on Friday. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.19 and a current ratio of 1.29. Universal Health Services, Inc. has a 52-week low of $152.33 and a 52-week high of $240.26. The firm 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 business’s fifty day moving average is $191.08 and its 200 day moving average is $182.34.

Universal Health Services (NYSE:UHS) last released its quarterly earnings data 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 company had revenue of $4.28 billion for the quarter, compared to analyst estimates of $4.24 billion. During the same period in the previous year, the company posted $4.31 EPS. The firm’s revenue for the quarter was up 9.6% compared to the same quarter last year. Universal Health Services has set its FY 2025 guidance at 20.000-21.000 EPS. Research analysts predict that Universal Health Services, Inc. will post 15.92 EPS for the current year.

Analyst Ratings Changes

Several research analysts have weighed in on the company. JPMorgan Chase & Co. cut their price objective on Universal Health Services from $215.00 to $195.00 and set a “neutral” rating on the stock in a research report on Monday, August 4th. Weiss Ratings reissued a “hold (c+)” rating on shares of Universal Health Services in a research report on Wednesday, October 8th. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $227.00 price target on shares of Universal Health Services in a research report on Tuesday, October 7th. The Goldman Sachs Group began coverage on Universal Health Services in a research report on Tuesday. They set a “neutral” rating and a $219.00 price target on the stock. Finally, UBS Group set a $227.00 price target on Universal Health Services in a research report on Wednesday, July 30th. Four 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. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $218.69.

Universal Health Services Company Profile

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.