Tidal Investments LLC lowered its position in shares of Universal Health Services, Inc. (NYSE:UHS – Free Report) by 39.5% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 28,311 shares of the health services provider’s stock after selling 18,497 shares during the period. Tidal Investments LLC’s holdings in Universal Health Services were worth $4,210,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also recently made changes to their positions in UHS. Elyxium Wealth LLC acquired a new position in Universal Health Services in the fourth quarter valued at approximately $25,000. Larson Financial Group LLC raised its position in 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 purchasing an additional 106 shares during the period. CENTRAL TRUST Co raised its position in Universal Health Services by 107.1% in the first quarter. CENTRAL TRUST Co now owns 174 shares of the health services provider’s stock valued at $31,000 after purchasing an additional 90 shares during the period. Elevation Wealth Partners LLC lifted its stake in shares of Universal Health Services by 503.1% in the 2nd quarter. Elevation Wealth Partners LLC now owns 193 shares of the health services provider’s stock valued at $29,000 after purchasing an additional 161 shares during the last quarter. Finally, Root Financial Partners LLC lifted its stake in shares of Universal Health Services by 54.7% in the 4th quarter. Root Financial Partners LLC now owns 212 shares of the health services provider’s stock valued at $46,000 after purchasing an additional 75 shares during the last quarter. Hedge funds and other institutional investors own 86.05% of the company’s stock.
Universal Health Services Trading Down 0.8%
Shares of NYSE UHS opened at $173.50 on Tuesday. The company has a current ratio of 1.12, a quick ratio of 1.04 and a debt-to-equity ratio of 0.54. The stock has a market capitalization of $10.23 billion, a PE ratio of 7.07, a PEG ratio of 0.94 and a beta of 1.06. Universal Health Services, Inc. has a twelve month low of $140.08 and a twelve month high of $246.32. The stock has a fifty day simple moving average of $165.95 and a 200-day simple moving average of $168.80.
Universal Health Services Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be paid a dividend of $0.20 per share. The ex-dividend date is Tuesday, September 1st. This represents a $0.80 dividend on an annualized basis and a yield of 0.5%. Universal Health Services’s dividend payout ratio is 3.26%.
Wall Street Analysts Forecast Growth
A number of research firms have recently weighed in on UHS. Barclays lowered their price target on Universal Health Services from $179.00 to $168.00 and set an “equal weight” rating for the company in a report on Tuesday, July 28th. The Goldman Sachs Group decreased their target price on shares of Universal Health Services from $242.00 to $190.00 and set a “neutral” rating on the stock in a research report on Thursday, July 30th. Robert W. Baird lowered their target price on shares of Universal Health Services from $204.00 to $166.00 and set a “neutral” rating for the company in a research note on Wednesday, July 29th. Wells Fargo & Company lifted their price target on shares of Universal Health Services from $165.00 to $166.00 and gave the company an “equal weight” rating in a research report on Monday, July 13th. Finally, TD Cowen reduced their price target on shares of Universal Health Services from $230.00 to $197.00 and set a “buy” rating on the stock in a research note on Monday, June 22nd. Five analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. According to MarketBeat.com, Universal Health Services currently has an average rating of “Hold” and an average target price of $204.93.
View Our Latest Stock Report on UHS
Universal Health Services 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.
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