SVB Wealth LLC Has $2.28 Million Stock Position in Universal Health Services, Inc. $UHS

SVB Wealth LLC increased its holdings in shares of Universal Health Services, Inc. (NYSE:UHS) by 48.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,456 shares of the health services provider’s stock after purchasing an additional 3,396 shares during the period. SVB Wealth LLC’s holdings in Universal Health Services were worth $2,280,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Pzena Investment Management LLC boosted its holdings in Universal Health Services by 310.2% in the third quarter. Pzena Investment Management LLC now owns 1,607,029 shares of the health services provider’s stock worth $328,541,000 after acquiring an additional 1,215,286 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Universal Health Services by 13.8% in the third quarter. Dimensional Fund Advisors LP now owns 1,494,464 shares of the health services provider’s stock worth $305,510,000 after acquiring an additional 181,801 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in Universal Health Services by 3.7% in the third quarter. Arrowstreet Capital Limited Partnership now owns 1,125,764 shares of the health services provider’s stock worth $230,151,000 after acquiring an additional 40,533 shares in the last quarter. American Century Companies Inc. boosted its holdings in Universal Health Services by 22.1% in the third quarter. American Century Companies Inc. now owns 781,145 shares of the health services provider’s stock worth $159,698,000 after acquiring an additional 141,621 shares in the last quarter. Finally, Holocene Advisors LP boosted its holdings in Universal Health Services by 262.4% in the third quarter. Holocene Advisors LP now owns 358,885 shares of the health services provider’s stock worth $73,370,000 after acquiring an additional 259,861 shares in the last quarter. Institutional investors own 86.05% of the company’s stock.

Analysts Set New Price Targets

UHS has been the topic of several recent research reports. Cantor Fitzgerald cut their price target on Universal Health Services from $229.00 to $194.00 and set a “neutral” rating on the stock in a report on Wednesday, April 29th. UBS Group cut their price target on Universal Health Services from $320.00 to $310.00 and set a “buy” rating on the stock in a report on Thursday, April 30th. Raymond James Financial lowered Universal Health Services from an “outperform” rating to a “market perform” rating in a report on Wednesday, April 29th. Wall Street Zen lowered Universal Health Services from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Finally, Morgan Stanley cut their price target on Universal Health Services from $233.00 to $212.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 29th. Six analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $220.94.

Universal Health Services Stock Performance

Shares of Universal Health Services stock opened at $168.23 on Tuesday. The business’s fifty day simple moving average is $183.27 and its 200 day simple moving average is $207.74. The firm has a market capitalization of $10.28 billion, a P/E ratio of 7.01, a price-to-earnings-growth ratio of 0.81 and a beta of 1.13. Universal Health Services, Inc. has a 12 month low of $152.33 and a 12 month high of $246.32. The company has a current ratio of 1.08, a quick ratio of 1.01 and a debt-to-equity ratio of 0.52.

Universal Health Services (NYSE:UHS) last issued its quarterly earnings results on Tuesday, April 28th. The health services provider reported $5.62 EPS for the quarter, topping analysts’ consensus estimates of $5.41 by $0.21. The business had revenue of $4.50 billion for the quarter, compared to analyst estimates 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 quarterly revenue was up 9.6% compared to the same quarter last year. During the same period last year, the company posted $4.84 earnings per share. As a group, analysts anticipate that Universal Health Services, Inc. will post 23.34 EPS for the current year.

Universal Health Services Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 2nd were issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Monday, March 2nd. Universal Health Services’s dividend payout ratio (DPR) is 3.33%.

Universal Health Services Company Profile

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.