Hsbc Holdings PLC raised its holdings in Universal Health Services, Inc. (NYSE:UHS – Free Report) by 33.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 119,561 shares of the health services provider’s stock after acquiring an additional 29,717 shares during the quarter. Hsbc Holdings PLC’s holdings in Universal Health Services were worth $26,136,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of the business. American Century Companies Inc. increased its holdings in shares of Universal Health Services by 22.1% in the third quarter. American Century Companies Inc. now owns 781,145 shares of the health services provider’s stock worth $159,698,000 after acquiring an additional 141,621 shares in the last quarter. BTC Capital Management Inc. lifted its holdings in shares of Universal Health Services by 161.3% during the 4th quarter. BTC Capital Management Inc. now owns 42,199 shares of the health services provider’s stock valued at $9,203,000 after purchasing an additional 26,047 shares in the last quarter. Invenomic Capital Management LP grew its position in shares of Universal Health Services by 174.1% in the 3rd quarter. Invenomic Capital Management LP now owns 73,266 shares of the health services provider’s stock valued at $14,979,000 after purchasing an additional 46,535 shares during the period. Nordea Investment Management AB grew its position in shares of Universal Health Services by 187.1% in the 4th quarter. Nordea Investment Management AB now owns 9,201 shares of the health services provider’s stock valued at $2,039,000 after purchasing an additional 5,996 shares during the period. Finally, Clark Capital Management Group Inc. increased its stake in Universal Health Services by 2.2% during the 3rd quarter. Clark Capital Management Group Inc. now owns 331,325 shares of the health services provider’s stock worth $67,736,000 after purchasing an additional 6,996 shares in the last quarter. Institutional investors and hedge funds own 86.05% of the company’s stock.
Universal Health Services Trading Down 0.3%
NYSE:UHS opened at $145.44 on Thursday. The company has a market cap of $8.81 billion, a P/E ratio of 6.06, a price-to-earnings-growth ratio of 0.78 and a beta of 1.07. Universal Health Services, Inc. has a twelve month low of $140.08 and a twelve month high of $246.32. The business has a 50 day moving average price of $159.99 and a two-hundred day moving average price of $190.77. The company has a quick ratio of 1.01, a current ratio of 1.08 and a debt-to-equity ratio of 0.52.
Universal Health Services Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 8th were given a $0.20 dividend. The ex-dividend date of this dividend was Monday, June 8th. This represents a $0.80 dividend on an annualized basis and a yield of 0.6%. Universal Health Services’s dividend payout ratio (DPR) is 3.33%.
Wall Street Analyst Weigh In
UHS has been the topic of several research analyst reports. Mizuho dropped their target price on shares of Universal Health Services from $267.00 to $230.00 and set an “outperform” rating on the stock in a report on Wednesday, April 29th. Wells Fargo & Company began coverage on shares of Universal Health Services in a research report on Monday, June 1st. They set an “equal weight” rating and a $165.00 price objective for the company. TD Cowen dropped their price objective on shares of Universal Health Services from $230.00 to $197.00 and set a “buy” rating on the stock in a report on Monday. Weiss Ratings cut shares of Universal Health Services from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, May 27th. Finally, Stephens reduced their target price on shares of Universal Health Services from $235.00 to $205.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 29th. Six analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $216.56.
Check Out Our Latest Analysis on Universal Health Services
About Universal Health Services
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.
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