AustralianSuper Pty Ltd Has $38.86 Million Stock Holdings in Universal Health Services, Inc. $UHS

AustralianSuper Pty Ltd raised its position in Universal Health Services, Inc. (NYSE:UHS) by 18.6% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 214,490 shares of the health services provider’s stock after buying an additional 33,567 shares during the quarter. AustralianSuper Pty Ltd owned 0.33% of Universal Health Services worth $38,855,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in UHS. Zions Bancorporation National Association UT acquired a new position in Universal Health Services in the 1st quarter valued at $30,000. Federated Hermes Inc. grew its holdings in Universal Health Services by 89.7% in the 1st quarter. Federated Hermes Inc. now owns 258 shares of the health services provider’s stock valued at $48,000 after buying an additional 122 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in Universal Health Services by 22.9% in the 2nd quarter. Farther Finance Advisors LLC now owns 354 shares of the health services provider’s stock valued at $64,000 after buying an additional 66 shares in the last quarter. Harvest Fund Management Co. Ltd lifted its position in shares of 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 valued at $92,000 after acquiring an additional 468 shares during the period. Finally, Reyes Financial Architecture Inc. bought a new stake in shares of Universal Health Services during the 2nd quarter valued at $100,000. 86.05% of the stock is owned by institutional investors and hedge funds.

Universal Health Services Price Performance

Shares of UHS stock opened at $210.79 on Monday. The company has a quick ratio of 1.19, a current ratio of 1.29 and a debt-to-equity ratio of 0.64. Universal Health Services, Inc. has a twelve month low of $152.33 and a twelve month high of $214.10. The company has a market cap of $13.41 billion, a P/E ratio of 11.10, a P/E/G ratio of 0.86 and a beta of 1.30. The business has a fifty day simple moving average of $194.29 and a 200 day simple moving average of $183.48.

Universal Health Services (NYSE:UHS) last announced its quarterly earnings data on Monday, July 28th. The health services provider reported $5.35 earnings per share for the quarter, topping the consensus estimate 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 business had revenue of $4.28 billion during the quarter, compared to the consensus estimate of $4.24 billion. During the same period in the prior year, the company earned $4.31 EPS. Universal Health Services’s revenue for the quarter was up 9.6% on a year-over-year basis. On average, sell-side analysts forecast that Universal Health Services, Inc. will post 15.92 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on UHS shares. Robert W. Baird cut their target price on Universal Health Services from $243.00 to $203.00 and set a “neutral” rating for the company in a research report on Thursday, August 14th. The Goldman Sachs Group started coverage on Universal Health Services in a research report on Tuesday, October 14th. They set a “neutral” rating and a $219.00 target price for the company. UBS Group set a $227.00 target price on Universal Health Services in a research report on Wednesday, July 30th. Wells Fargo & Company upped their target price on Universal Health Services from $210.00 to $249.00 and gave the company an “overweight” rating in a research report on Tuesday, October 7th. Finally, Barclays cut their target price on Universal Health Services from $259.00 to $250.00 and set an “overweight” rating for the company in a research report on Thursday, September 18th. Four equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Universal Health Services currently has a consensus rating of “Hold” and an average price target of $218.69.

About Universal Health Services

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.