Livforsakringsbolaget Skandia Omsesidigt Buys 24,500 Shares of Universal Health Services, Inc. $UHS

Livforsakringsbolaget Skandia Omsesidigt lifted its stake in Universal Health Services, Inc. (NYSE:UHS) by 67.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 60,700 shares of the health services provider’s stock after acquiring an additional 24,500 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Universal Health Services were worth $13,229,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Elyxium Wealth LLC bought a new position in shares of Universal Health Services in the fourth quarter worth $25,000. Harbor Capital Advisors Inc. bought a new position in shares of Universal Health Services in the fourth quarter worth $26,000. SBI Securities Co. Ltd. boosted its stake in Universal Health Services by 320.0% during the third quarter. SBI Securities Co. Ltd. now owns 126 shares of the health services provider’s stock valued at $26,000 after buying an additional 96 shares during the period. Founders Capital Management bought a new stake in Universal Health Services during the fourth quarter valued at $28,000. Finally, Larson Financial Group LLC boosted its stake in Universal Health Services by 302.9% during the fourth quarter. Larson Financial Group LLC now owns 141 shares of the health services provider’s stock valued at $31,000 after buying an additional 106 shares during the period. 86.05% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms recently issued reports on UHS. Raymond James Financial lowered Universal Health Services from an “outperform” rating to a “market perform” rating in a research note on Wednesday, April 29th. UBS Group reissued a “buy” rating on shares of Universal Health Services in a research note on Friday, May 29th. JPMorgan Chase & Co. dropped their price objective on Universal Health Services from $235.00 to $205.00 and set a “neutral” rating for the company in a research note on Wednesday, May 20th. Stephens dropped their price objective on Universal Health Services from $235.00 to $205.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 29th. Finally, Mizuho dropped their price objective on Universal Health Services from $267.00 to $230.00 and set an “outperform” rating for the company in a research note 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 company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $218.63.

Universal Health Services Trading Down 2.3%

NYSE UHS opened at $142.58 on Friday. The stock’s 50-day simple moving average is $170.51 and its two-hundred day simple moving average is $199.72. Universal Health Services, Inc. has a twelve month low of $140.76 and a twelve month high of $246.32. The company has a quick ratio of 1.01, a current ratio of 1.08 and a debt-to-equity ratio of 0.52. The company has a market capitalization of $8.63 billion, a price-to-earnings ratio of 5.94, a PEG ratio of 0.69 and a beta of 1.07.

Universal Health Services (NYSE:UHS) last released its quarterly earnings results 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. Universal Health Services had a return on equity of 19.57% and a net margin of 8.56%.The business had revenue of $4.50 billion for the quarter, compared to the consensus estimate of $4.39 billion. During the same quarter last year, the business posted $4.84 earnings per share. The company’s revenue for the quarter was up 9.6% on a year-over-year basis. Research analysts forecast that Universal Health Services, Inc. will post 23.47 EPS for the current fiscal year.

Universal Health Services Announces Dividend

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