Universal Health Services, Inc. (UHS) Stake Maintained by Ingalls & Snyder LLC

Ingalls & Snyder LLC held its stake in shares of Universal Health Services, Inc. (NYSE:UHS) during the first quarter, Holdings Channel reports. The firm owned 3,000 shares of the health services provider’s stock at the end of the first quarter. Ingalls & Snyder LLC’s holdings in Universal Health Services were worth $373,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. Strs Ohio raised its position in Universal Health Services by 2.2% in the third quarter. Strs Ohio now owns 17,238 shares of the health services provider’s stock worth $2,124,000 after buying an additional 379 shares during the period. Great West Life Assurance Co. Can raised its position in Universal Health Services by 1.1% in the third quarter. Great West Life Assurance Co. Can now owns 63,370 shares of the health services provider’s stock worth $7,803,000 after buying an additional 673 shares during the period. World Asset Management Inc raised its position in Universal Health Services by 2.6% in the third quarter. World Asset Management Inc now owns 9,044 shares of the health services provider’s stock worth $1,114,000 after buying an additional 230 shares during the period. APG Asset Management N.V. raised its position in Universal Health Services by 2.5% in the third quarter. APG Asset Management N.V. now owns 724,051 shares of the health services provider’s stock worth $89,218,000 after buying an additional 18,000 shares during the period. Finally, Mizuho Trust & Banking Co. Ltd. raised its position in Universal Health Services by 2.5% in the third quarter. Mizuho Trust & Banking Co. Ltd. now owns 183,941 shares of the health services provider’s stock worth $22,665,000 after buying an additional 4,553 shares during the period. Institutional investors and hedge funds own 84.63% of the company’s stock.

Institutional Ownership by Quarter for Universal Health Services (NYSE:UHS)

Universal Health Services, Inc. (NYSE:UHS) traded up 0.22% during midday trading on Friday, hitting $118.68. 518,968 shares of the company were exchanged. Universal Health Services, Inc. has a one year low of $99.72 and a one year high of $139.46. The stock has a market capitalization of $11.48 billion, a PE ratio of 16.20 and a beta of 1.10. The firm’s 50-day moving average price is $121.87 and its 200-day moving average price is $118.54.

Universal Health Services (NYSE:UHS) last posted its earnings results on Tuesday, April 25th. The health services provider reported $2.10 EPS for the quarter, topping the consensus estimate of $2.07 by $0.03. Universal Health Services had a net margin of 7.31% and a return on equity of 16.35%. The business had revenue of $2.61 billion for the quarter, compared to the consensus estimate of $2.65 billion. During the same period last year, the company earned $1.98 EPS. The firm’s revenue was up 6.7% compared to the same quarter last year. Equities research analysts anticipate that Universal Health Services, Inc. will post $8.01 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 15th. Investors of record on Thursday, June 1st will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Tuesday, May 30th. This represents a $0.40 annualized dividend and a yield of 0.34%. Universal Health Services’s dividend payout ratio is presently 5.63%.

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A number of research firms have commented on UHS. Royal Bank of Canada reduced their price target on shares of Universal Health Services from $157.00 to $153.00 and set an “outperform” rating on the stock in a research report on Thursday, April 27th. Piper Jaffray Companies reiterated an “overweight” rating and set a $147.00 target price on shares of Universal Health Services in a research report on Monday, April 17th. Deutsche Bank AG began coverage on shares of Universal Health Services in a research report on Tuesday, April 4th. They set a “buy” rating and a $145.00 target price on the stock. Mizuho upgraded shares of Universal Health Services from a “neutral” rating to a “buy” rating and upped their target price for the stock from $133.00 to $138.00 in a research report on Monday, March 27th. Finally, Zacks Investment Research lowered shares of Universal Health Services from a “buy” rating to a “hold” rating in a research report on Tuesday, February 21st. Six research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $141.40.

In related news, insider Steve Filton sold 10,000 shares of Universal Health Services stock in a transaction that occurred on Wednesday, March 8th. The shares were sold at an average price of $123.80, for a total transaction of $1,238,000.00. Following the sale, the insider now directly owns 257,492 shares in the company, valued at approximately $31,877,509.60. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 12.80% of the stock is owned by company insiders.

Universal Health Services Company Profile

Universal Health Services, Inc is a holding company. The Company’s principal business is owning and operating, through its subsidiaries, acute care hospitals and outpatient facilities, and behavioral healthcare facilities. The Company’s segments include Acute Care Hospital Services, Behavioral Health Services and Other.

5 Day Chart for NYSE:UHS

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