Cambiar Investors LLC cut its stake in shares of Universal Health Services Inc. (NYSE:UHS) by 4.7% during the second quarter, Holdings Channel reports. The fund owned 446,789 shares of the company’s stock after selling 22,062 shares during the period. Cambiar Investors LLC’s holdings in Universal Health Services were worth $59,914,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of the stock. Checchi Capital Advisers LLC raised its stake in Universal Health Services by 1.2% in the second quarter. Checchi Capital Advisers LLC now owns 1,030 shares of the company’s stock valued at $138,000 after buying an additional 12 shares during the last quarter. Hollencrest Securities LLC raised its stake in Universal Health Services by 0.8% in the second quarter. Hollencrest Securities LLC now owns 2,354 shares of the company’s stock valued at $316,000 after buying an additional 18 shares during the last quarter. IFP Advisors Inc raised its stake in Universal Health Services by 2.7% in the first quarter. IFP Advisors Inc now owns 1,498 shares of the company’s stock valued at $187,000 after buying an additional 39 shares during the last quarter. Creative Planning raised its stake in Universal Health Services by 5.2% in the second quarter. Creative Planning now owns 1,108 shares of the company’s stock valued at $149,000 after buying an additional 55 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. raised its stake in Universal Health Services by 1.4% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 10,350 shares of the company’s stock valued at $1,237,000 after buying an additional 140 shares during the last quarter. 85.09% of the stock is owned by institutional investors and hedge funds.
Shares of Universal Health Services Inc. (NYSE:UHS) traded down 0.63% during mid-day trading on Thursday, reaching $122.18. The company’s stock had a trading volume of 770,341 shares. Universal Health Services Inc. has a one year low of $100.82 and a one year high of $139.77. The stock has a 50 day moving average of $122.04 and a 200-day moving average of $128.33. The stock has a market cap of $11.90 billion, a P/E ratio of 17.39 and a beta of 1.33.
Universal Health Services (NYSE:UHS) last released its quarterly earnings data on Tuesday, July 26th. The company reported $1.94 EPS for the quarter, meeting analysts’ consensus estimates of $1.94. Universal Health Services had a return on equity of 16.56% and a net margin of 7.43%. The firm had revenue of $2.43 billion for the quarter, compared to analysts’ expectations of $2.47 billion. During the same period in the prior year, the firm posted $1.85 earnings per share. The firm’s quarterly revenue was up 6.8% on a year-over-year basis. On average, equities research analysts expect that Universal Health Services Inc. will post $7.52 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 15th. Investors of record on Thursday, September 1st were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.33%. The ex-dividend date was Tuesday, August 30th. Universal Health Services’s dividend payout ratio is presently 5.68%.
Several research firms have recently issued reports on UHS. Barclays PLC lowered their price objective on Universal Health Services from $150.00 to $147.00 and set an “equal weight” rating for the company in a research note on Thursday, July 28th. Zacks Investment Research downgraded Universal Health Services from a “hold” rating to a “sell” rating in a report on Tuesday, July 26th. Ladenburg Thalmann upgraded Universal Health Services from a “not rated” rating to an “outperform” rating in a report on Monday, June 13th. Credit Suisse Group AG reiterated a “hold” rating and issued a $140.00 price target on shares of Universal Health Services in a report on Wednesday, June 29th. Finally, Leerink Swann reiterated a “buy” rating and issued a $150.00 price target on shares of Universal Health Services in a report on Friday, July 29th. One analyst has rated the stock with a sell rating, six have issued a hold rating and ten have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $142.71.
About Universal Health Services
Universal Health Services, Inc is a holding company. The Company, through its subsidiaries, is engaged in owning and operating acute care hospitals, behavioral health centers, surgical hospitals, ambulatory surgery centers and radiation oncology centers. Its segment is acute care hospital services and behavioral healthcare services.
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