Universal Health Services Inc. (UHS) Position Lowered by 1ST Source Bank

1ST Source Bank cut its stake in Universal Health Services Inc. (NYSE:UHS) by 3.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,406 shares of the company’s stock after selling 200 shares during the period. 1ST Source Bank’s holdings in Universal Health Services were worth $725,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of UHS. Geode Capital Management LLC raised its stake in Universal Health Services by 2.0% in the first quarter. Geode Capital Management LLC now owns 762,691 shares of the company’s stock valued at $94,938,000 after buying an additional 15,270 shares during the period. AXA raised its stake in Universal Health Services by 6.8% in the first quarter. AXA now owns 69,039 shares of the company’s stock valued at $8,610,000 after buying an additional 4,381 shares during the period. Lazard Asset Management LLC increased its stake in shares of Universal Health Services by 179.5% in the first quarter. Lazard Asset Management LLC now owns 22,656 shares of the company’s stock valued at $2,825,000 after buying an additional 14,550 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Universal Health Services by 10.4% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 10,520 shares of the company’s stock valued at $1,312,000 after buying an additional 995 shares in the last quarter. Finally, 1832 Asset Management L.P. increased its stake in shares of Universal Health Services by 9.2% in the first quarter. 1832 Asset Management L.P. now owns 213,424 shares of the company’s stock valued at $45,016,000 after buying an additional 17,957 shares in the last quarter. Institutional investors own 85.09% of the company’s stock.

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

Universal Health Services Inc. (NYSE:UHS) traded down 0.12% during mid-day trading on Friday, hitting $124.52. 455,932 shares of the stock were exchanged. The company has a market capitalization of $12.13 billion, a PE ratio of 17.73 and a beta of 1.20. Universal Health Services Inc. has a 52 week low of $100.82 and a 52 week high of $139.77. The stock’s 50-day moving average is $121.54 and its 200 day moving average is $128.59.

Universal Health Services (NYSE:UHS) last released its earnings results on Tuesday, July 26th. The company reported $1.94 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $1.94. Universal Health Services had a net margin of 7.43% and a return on equity of 16.56%. The company had revenue of $2.43 billion for the quarter, compared to the consensus estimate of $2.47 billion. During the same quarter in the previous year, the company earned $1.85 EPS. Universal Health Services’s quarterly revenue was up 6.8% compared to the same quarter last year. On average, analysts anticipate that Universal Health Services Inc. will post $7.51 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Thursday, September 15th. Investors of record on Thursday, September 1st were given a dividend of $0.10 per share. The ex-dividend date was Tuesday, August 30th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.32%. Universal Health Services’s payout ratio is presently 5.68%.

Several equities research analysts have recently issued reports on the stock. Zacks Investment Research downgraded shares of Universal Health Services from a “hold” rating to a “sell” rating in a research report on Tuesday, July 26th. Credit Suisse Group AG reissued a “hold” rating and set a $140.00 price objective on shares of Universal Health Services in a research report on Wednesday, June 29th. Barclays PLC lowered their price objective on shares of Universal Health Services from $150.00 to $147.00 and set an “equal weight” rating for the company in a research report on Thursday, July 28th. Leerink Swann reissued a “buy” rating and set a $150.00 price objective on shares of Universal Health Services in a research report on Friday, July 29th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Universal Health Services from $138.00 to $150.00 and gave the stock an “overweight” rating in a research report on Friday, July 29th. Six investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $143.25.

About Universal Health Services

Universal Health Services, Inc is a holding company. The Company, through its subsidiaries, is engaged in owning and operating acute care hospitals, behavioral health centers, surgical hospitals, ambulatory surgery centers and radiation oncology centers. Its segment is acute care hospital services and behavioral healthcare services.

5 Day Chart for NYSE:UHS

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