Universal Health Services, Inc. $UHS Shares Sold by Amundi

Amundi cut its holdings in shares of Universal Health Services, Inc. (NYSE:UHS) by 65.9% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 79,885 shares of the health services provider’s stock after selling 154,419 shares during the quarter. Amundi’s holdings in Universal Health Services were worth $11,878,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of Universal Health Services during the second quarter worth $17,679,000. First Eagle Investment Management LLC boosted its holdings in Universal Health Services by 2.9% in the second quarter. First Eagle Investment Management LLC now owns 4,554,670 shares of the health services provider’s stock valued at $677,234,000 after purchasing an additional 130,389 shares during the last quarter. California State Teachers Retirement System grew its position in Universal Health Services by 13,398.3% during the 2nd quarter. California State Teachers Retirement System now owns 8,822,521 shares of the health services provider’s stock worth $1,311,821,000 after purchasing an additional 8,757,161 shares during the period. Paralel Advisors LLC acquired a new stake in Universal Health Services during the 2nd quarter worth about $1,919,000. Finally, AlphaGrep UK Ltd purchased a new position in shares of Universal Health Services during the 2nd quarter valued at about $746,000. 86.05% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Robert W. Baird decreased their price objective on Universal Health Services from $204.00 to $166.00 and set a “neutral” rating for the company in a report on Wednesday, July 29th. Morgan Stanley reduced their price target on 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. Weiss Ratings upgraded Universal Health Services from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, August 18th. JPMorgan Chase & Co. decreased their price target on Universal Health Services from $235.00 to $205.00 and set a “neutral” rating for the company in a report on Wednesday, May 20th. Finally, The Goldman Sachs Group lowered their price objective on Universal Health Services from $242.00 to $190.00 and set a “neutral” rating on the stock in a research report on Thursday, July 30th. Five equities research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. Based on data from MarketBeat, Universal Health Services has a consensus rating of “Hold” and an average target price of $204.93.

Universal Health Services Trading Up 1.2%

Shares of Universal Health Services stock opened at $174.82 on Friday. The firm has a 50-day simple moving average of $165.65 and a two-hundred day simple moving average of $169.64. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.04 and a current ratio of 1.12. Universal Health Services, Inc. has a fifty-two week low of $140.08 and a fifty-two week high of $246.32. The company has a market cap of $10.30 billion, a P/E ratio of 7.12, a price-to-earnings-growth ratio of 0.93 and a beta of 1.06.

Universal Health Services (NYSE:UHS) last posted its earnings results on Tuesday, July 28th. The health services provider reported $5.98 EPS for the quarter, beating analysts’ consensus estimates of $5.94 by $0.04. Universal Health Services had a return on equity of 19.39% and a net margin of 8.42%.The firm had revenue of $4.64 billion for the quarter, compared to analysts’ expectations of $4.58 billion. During the same period last year, the firm earned $5.35 EPS. The company’s quarterly revenue was up 8.3% on a year-over-year basis. As a group, equities analysts predict that Universal Health Services, Inc. will post 22.96 earnings per share for the current fiscal year.

Universal Health Services Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be given a dividend of $0.20 per share. The ex-dividend date is Tuesday, September 1st. This represents a $0.80 dividend on an annualized basis and a yield of 0.5%. Universal Health Services’s dividend payout ratio is currently 3.26%.

Universal Health Services Profile

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.