Meeder Asset Management Inc. Has $2.38 Million Stock Position in Universal Health Services, Inc. $UHS

Meeder Asset Management Inc. lowered its stake in Universal Health Services, Inc. (NYSE:UHSFree Report) by 22.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 13,270 shares of the health services provider’s stock after selling 3,789 shares during the period. Meeder Asset Management Inc.’s holdings in Universal Health Services were worth $2,375,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Blair William & Co. IL grew its stake in Universal Health Services by 4.1% during the fourth quarter. Blair William & Co. IL now owns 1,390 shares of the health services provider’s stock worth $303,000 after buying an additional 55 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Universal Health Services by 3.3% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 1,794 shares of the health services provider’s stock valued at $367,000 after buying an additional 58 shares in the last quarter. Avanza Fonder AB raised its position in shares of Universal Health Services by 6.1% in the 4th quarter. Avanza Fonder AB now owns 1,027 shares of the health services provider’s stock valued at $224,000 after buying an additional 59 shares in the last quarter. Resonant Capital Advisors LLC lifted its holdings in shares of Universal Health Services by 1.6% during the 4th quarter. Resonant Capital Advisors LLC now owns 3,859 shares of the health services provider’s stock worth $841,000 after acquiring an additional 60 shares during the period. Finally, Triad Wealth Partners LLC lifted its holdings in shares of Universal Health Services by 3.4% during the 1st quarter. Triad Wealth Partners LLC now owns 1,858 shares of the health services provider’s stock worth $333,000 after acquiring an additional 61 shares during the period. Institutional investors and hedge funds own 86.05% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Stephens decreased their price objective on shares of Universal Health Services from $235.00 to $205.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 29th. JPMorgan Chase & Co. cut their target price on Universal Health Services from $235.00 to $205.00 and set a “neutral” rating for the company in a research note on Wednesday, May 20th. Weiss Ratings downgraded Universal Health Services from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, July 14th. UBS Group reiterated a “buy” rating on shares of Universal Health Services in a research note on Friday, May 29th. Finally, Raymond James Financial lowered Universal Health Services from an “outperform” rating to a “market perform” rating in a research note on Wednesday, April 29th. Five equities research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. According to MarketBeat, Universal Health Services has a consensus rating of “Hold” and a consensus target price of $214.80.

Get Our Latest Analysis on Universal Health Services

Universal Health Services Stock Up 0.2%

Shares of NYSE UHS opened at $151.41 on Monday. The company has a 50 day simple moving average of $152.40 and a 200 day simple moving average of $181.99. The firm has a market cap of $9.17 billion, a PE ratio of 6.31, a price-to-earnings-growth ratio of 0.81 and a beta of 1.07. Universal Health Services, Inc. has a 1 year low of $140.08 and a 1 year high of $246.32. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.08 and a quick ratio of 1.01.

Universal Health Services (NYSE:UHSGet Free Report) last posted its earnings results on Tuesday, April 28th. The health services provider reported $5.62 earnings per share for the quarter, topping analysts’ consensus estimates of $5.41 by $0.21. Universal Health Services had a net margin of 8.56% and a return on equity of 19.57%. The firm had revenue of $4.50 billion for the quarter, compared to analyst estimates of $4.39 billion. During the same period in the previous year, the firm posted $4.84 EPS. The company’s revenue for the quarter was up 9.6% compared to the same quarter last year. On average, research analysts forecast that Universal Health Services, Inc. will post 23.44 EPS for the current year.

Universal Health Services Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Tuesday, September 1st. Universal Health Services’s payout ratio is 3.33%.

Universal Health Services Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding UHS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Universal Health Services, Inc. (NYSE:UHSFree Report).

Institutional Ownership by Quarter for Universal Health Services (NYSE:UHS)

Receive News & Ratings for Universal Health Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Universal Health Services and related companies with MarketBeat.com's FREE daily email newsletter.