Talon Private Wealth LLC acquired a new stake in Universal Health Services, Inc. (NYSE:UHS – Free Report) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 5,222 shares of the health services provider’s stock, valued at approximately $776,000.
Several other large investors also recently modified their holdings of UHS. California State Teachers Retirement System lifted its holdings in Universal Health Services by 13,398.3% in the second quarter. California State Teachers Retirement System now owns 8,822,521 shares of the health services provider’s stock valued at $1,311,821,000 after buying an additional 8,757,161 shares during the period. Norges Bank acquired a new stake in Universal Health Services during the 4th quarter worth about $199,334,000. Pzena Investment Management LLC grew its holdings in Universal Health Services by 31.5% during the 4th quarter. Pzena Investment Management LLC now owns 2,112,604 shares of the health services provider’s stock worth $460,590,000 after acquiring an additional 505,575 shares during the period. Nomura Holdings Inc. raised its position in shares of Universal Health Services by 100.6% in the 2nd quarter. Nomura Holdings Inc. now owns 2,560 shares of the health services provider’s stock worth $464,000 after acquiring an additional 426,211 shares in the last quarter. Finally, Morgan Stanley raised its position in shares of Universal Health Services by 59.5% in the 4th quarter. Morgan Stanley now owns 871,377 shares of the health services provider’s stock worth $189,978,000 after acquiring an additional 325,162 shares in the last quarter. 86.05% of the stock is currently owned by institutional investors and hedge funds.
Universal Health Services Price Performance
UHS stock opened at $174.82 on Friday. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.12 and a quick ratio of 1.04. The company’s 50-day moving average is $165.65 and its 200-day moving average is $169.64. The stock has a market capitalization of $10.30 billion, a PE ratio of 7.12, a price-to-earnings-growth ratio of 0.93 and a beta of 1.06. Universal Health Services, Inc. has a 1 year low of $140.08 and a 1 year high of $246.32.
Universal Health Services Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Tuesday, September 1st. Universal Health Services’s dividend payout ratio (DPR) is 3.26%.
Analyst Ratings Changes
Several equities research analysts recently commented on UHS shares. Barclays cut their target price on Universal Health Services from $179.00 to $168.00 and set an “equal weight” rating on the stock in a research report on Tuesday, July 28th. TD Cowen lowered their target price on Universal Health Services from $230.00 to $197.00 and set a “buy” rating for the company in a report on Monday, June 22nd. The Goldman Sachs Group dropped their price target on Universal Health Services from $242.00 to $190.00 and set a “neutral” rating on the stock in a research note on Thursday, July 30th. JPMorgan Chase & Co. cut their price target on Universal Health Services from $235.00 to $205.00 and set a “neutral” rating on the stock in a report on Wednesday, May 20th. Finally, Morgan Stanley reduced their price objective on shares of Universal Health Services from $212.00 to $191.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 29th. Five research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $204.93.
Check Out Our Latest Report on UHS
About Universal Health Services
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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