TD Asset Management Inc Grows Stock Holdings in Universal Health Services, Inc. $UHS

TD Asset Management Inc lifted its position in shares of Universal Health Services, Inc. (NYSE:UHS) by 9.2% in the 2nd quarter, Holdings Channel.com reports. The firm owned 37,066 shares of the health services provider’s stock after purchasing an additional 3,132 shares during the period. TD Asset Management Inc’s holdings in Universal Health Services were worth $6,715,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Zions Bancorporation National Association UT purchased a new stake in shares of Universal Health Services during the 1st quarter worth $30,000. Federated Hermes Inc. raised its stake in Universal Health Services by 89.7% during the 1st quarter. Federated Hermes Inc. now owns 258 shares of the health services provider’s stock worth $48,000 after acquiring an additional 122 shares in the last quarter. Farther Finance Advisors LLC raised its stake in Universal Health Services by 22.9% during the 2nd quarter. Farther Finance Advisors LLC now owns 354 shares of the health services provider’s stock worth $64,000 after acquiring an additional 66 shares in the last quarter. Harvest Fund Management Co. Ltd raised its stake in Universal Health Services by 1,872.0% during the 1st quarter. Harvest Fund Management Co. Ltd now owns 493 shares of the health services provider’s stock worth $92,000 after acquiring an additional 468 shares in the last quarter. Finally, Reyes Financial Architecture Inc. acquired a new stake in Universal Health Services during the 2nd quarter worth $100,000. 86.05% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Robert W. Baird cut their price target on shares of Universal Health Services from $243.00 to $203.00 and set a “neutral” rating on the stock in a research note on Thursday, August 14th. JPMorgan Chase & Co. cut their price target on shares of Universal Health Services from $215.00 to $195.00 and set a “neutral” rating on the stock in a research note on Monday, August 4th. Wall Street Zen upgraded shares of Universal Health Services from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 11th. Bank of America lowered shares of Universal Health Services from a “neutral” rating to an “underperform” rating and cut their price target for the stock from $215.00 to $185.00 in a research note on Wednesday, July 16th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Universal Health Services in a research note on Wednesday, October 8th. Four investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Universal Health Services currently has a consensus rating of “Hold” and a consensus price target of $218.69.

Universal Health Services Trading Up 0.1%

NYSE UHS opened at $204.48 on Monday. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.19 and a current ratio of 1.29. The firm has a market cap of $13.01 billion, a PE ratio of 10.77, a P/E/G ratio of 0.84 and a beta of 1.30. Universal Health Services, Inc. has a one year low of $152.33 and a one year high of $240.26. The firm’s fifty day moving average is $191.08 and its two-hundred day moving average is $182.30.

Universal Health Services (NYSE:UHS) last posted its quarterly earnings data on Monday, July 28th. The health services provider reported $5.35 EPS for the quarter, beating analysts’ consensus estimates of $4.85 by $0.50. The company had revenue of $4.28 billion for the quarter, compared to analyst estimates of $4.24 billion. Universal Health Services had a net margin of 7.66% and a return on equity of 18.25%. Universal Health Services’s quarterly revenue was up 9.6% on a year-over-year basis. During the same period in the previous year, the business posted $4.31 earnings per share. Universal Health Services has set its FY 2025 guidance at 20.000-21.000 EPS. Analysts expect that Universal Health Services, Inc. will post 15.92 earnings per share for the current year.

Universal Health Services 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.