Livforsakringsbolaget Skandia Omsesidigt Grows Stake in Universal Health Services, Inc. $UHS

Livforsakringsbolaget Skandia Omsesidigt lifted its position in Universal Health Services, Inc. (NYSE:UHS) by 9.9% during the 1st quarter, HoldingsChannel reports. The firm owned 66,700 shares of the health services provider’s stock after buying an additional 6,000 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Universal Health Services were worth $11,925,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Blair William & Co. IL grew its position 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 holdings 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 acquiring an additional 58 shares in the last quarter. Avanza Fonder AB raised its holdings 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 acquiring an additional 59 shares in the last quarter. Resonant Capital Advisors LLC boosted its position 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 valued at $841,000 after acquiring an additional 60 shares during the last quarter. Finally, Triad Wealth Partners LLC boosted its position 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 valued at $333,000 after acquiring an additional 61 shares during the last quarter. Hedge funds and other institutional investors own 86.05% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on UHS shares. Raymond James Financial cut shares of Universal Health Services from an “outperform” rating to a “market perform” rating in a research report on Wednesday, April 29th. Royal Bank Of Canada dropped their target price on shares of Universal Health Services from $216.00 to $190.00 and set a “sector perform” rating for the company in a research report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft cut their price target on shares of Universal Health Services from $261.00 to $230.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. TD Cowen decreased their price target 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, June 22nd. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Universal Health Services from $235.00 to $205.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 20th. Five equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $212.94.

Universal Health Services Price Performance

UHS opened at $144.60 on Wednesday. The company has a current ratio of 1.08, a quick ratio of 1.01 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $8.75 billion, a P/E ratio of 6.03, a PEG ratio of 0.82 and a beta of 1.07. The stock has a 50-day moving average price of $153.51 and a 200-day moving average price of $183.59. Universal Health Services, Inc. has a 12-month low of $140.08 and a 12-month high of $246.32.

Universal Health Services (NYSE:UHS) last announced its quarterly earnings data on Tuesday, April 28th. The health services provider reported $5.62 earnings per share for the quarter, beating analysts’ consensus estimates of $5.41 by $0.21. The company had revenue of $4.50 billion for the quarter, compared to analysts’ expectations of $4.39 billion. Universal Health Services had a return on equity of 19.57% and a net margin of 8.56%.Universal Health Services’s revenue for the quarter was up 9.6% compared to the same quarter last year. During the same period last year, the firm posted $4.84 EPS. Equities analysts predict that Universal Health Services, Inc. will post 23.47 earnings per share for the current fiscal year.

Universal Health Services Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 8th were given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Monday, June 8th. Universal Health Services’s dividend payout ratio (DPR) is presently 3.33%.

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.