PensionDanmark Pensionsforsikringsaktieselskab Lowers Position in Universal Health Services, Inc. $UHS

PensionDanmark Pensionsforsikringsaktieselskab cut its stake in shares of Universal Health Services, Inc. (NYSE:UHS) by 45.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,586 shares of the health services provider’s stock after selling 4,735 shares during the period. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in Universal Health Services were worth $831,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Elyxium Wealth LLC bought a new stake in shares of Universal Health Services in the 4th quarter worth $25,000. CYBER HORNET ETFs LLC purchased a new position in Universal Health Services during the second quarter worth about $29,000. Larson Financial Group LLC boosted its holdings 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 worth $31,000 after purchasing an additional 106 shares during the last quarter. CENTRAL TRUST Co grew its position in Universal Health Services by 107.1% in the 1st quarter. CENTRAL TRUST Co now owns 174 shares of the health services provider’s stock worth $31,000 after purchasing an additional 90 shares in the last quarter. Finally, MUFG Securities EMEA plc bought a new stake in Universal Health Services in the 2nd quarter worth about $31,000. 86.05% of the stock is owned by hedge funds and other institutional investors.

Universal Health Services Stock Performance

NYSE:UHS opened at $172.74 on Tuesday. Universal Health Services, Inc. has a 1-year low of $140.08 and a 1-year high of $246.32. The company has a market capitalization of $10.46 billion, a price-to-earnings ratio of 7.04, a PEG ratio of 0.95 and a beta of 1.05. The business has a 50 day moving average of $153.02 and a 200 day moving average of $176.68. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.12 and a quick ratio of 1.04.

Universal Health Services (NYSE:UHS) last issued its earnings results on Tuesday, July 28th. The health services provider reported $5.98 EPS for the quarter, topping analysts’ consensus estimates of $5.94 by $0.04. Universal Health Services had a net margin of 8.42% and a return on equity of 19.39%. The company had revenue of $4.64 billion for the quarter, compared to analysts’ expectations of $4.58 billion. During the same quarter last year, the company earned $5.35 EPS. The firm’s revenue was up 8.3% compared to the same quarter last year. On average, sell-side analysts predict that Universal Health Services, Inc. will post 23.15 earnings per share for the current fiscal year.

Universal Health Services Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be issued a $0.20 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $0.80 annualized dividend and a dividend yield of 0.5%. Universal Health Services’s dividend payout ratio (DPR) is currently 3.26%.

Analyst Ratings Changes

A number of analysts recently commented on UHS shares. Royal Bank Of Canada decreased their price target on Universal Health Services from $190.00 to $183.00 and set a “sector perform” rating for the company in a research report on Monday, August 3rd. Mizuho dropped their price target on shares of Universal Health Services from $267.00 to $230.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 29th. JPMorgan Chase & Co. dropped their price objective on Universal Health Services from $235.00 to $205.00 and set a “neutral” rating on the stock in a report on Wednesday, May 20th. Deutsche Bank Aktiengesellschaft reduced their price objective 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. Finally, Barclays decreased their target price on shares of Universal Health Services from $179.00 to $168.00 and set an “equal weight” rating on the stock in a report on Tuesday, July 28th. Five analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $204.93.

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.