Thrivent Financial For Lutherans lowered its stake in shares of Universal Health Services, Inc. (NYSE:UHS) by 32.7% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 505,672 shares of the health services provider’s stock after selling 245,710 shares during the period. Thrivent Financial For Lutherans owned approximately 0.53% of Universal Health Services worth $61,732,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently bought and sold shares of the business. ProShare Advisors LLC lifted its stake in Universal Health Services by 0.5% during the 2nd quarter. ProShare Advisors LLC now owns 17,117 shares of the health services provider’s stock valued at $2,090,000 after acquiring an additional 87 shares during the period. Profund Advisors LLC lifted its stake in Universal Health Services by 5.5% during the 2nd quarter. Profund Advisors LLC now owns 3,672 shares of the health services provider’s stock valued at $448,000 after acquiring an additional 193 shares during the period. Laurion Capital Management LP bought a new position in Universal Health Services during the 2nd quarter valued at about $305,000. Stevens Capital Management LP bought a new position in Universal Health Services during the 2nd quarter valued at about $3,054,000. Finally, Amalgamated Bank lifted its stake in Universal Health Services by 57.9% during the 2nd quarter. Amalgamated Bank now owns 9,774 shares of the health services provider’s stock valued at $1,193,000 after acquiring an additional 3,585 shares during the period. Institutional investors and hedge funds own 85.27% of the company’s stock.
Several equities analysts have issued reports on UHS shares. BidaskClub cut shares of Universal Health Services from a “hold” rating to a “sell” rating in a research note on Tuesday, August 1st. Morgan Stanley lowered their target price on shares of Universal Health Services from $120.00 to $114.00 and set an “equal weight” rating on the stock in a research note on Thursday, August 17th. Zacks Investment Research upgraded shares of Universal Health Services from a “sell” rating to a “hold” rating in a research note on Tuesday, August 8th. TheStreet cut shares of Universal Health Services from a “b” rating to a “c+” rating in a research note on Monday, August 21st. Finally, Royal Bank Of Canada restated a “buy” rating and set a $147.00 target price on shares of Universal Health Services in a research note on Tuesday, August 29th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and six have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $134.55.
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Universal Health Services, Inc. (UHS) traded down 0.80% during midday trading on Friday, hitting $110.67. 661,309 shares of the stock traded hands. Universal Health Services, Inc. has a 12 month low of $99.72 and a 12 month high of $129.74. The company has a 50-day moving average of $108.84 and a 200-day moving average of $117.47. The stock has a market cap of $10.59 billion, a PE ratio of 15.05 and a beta of 1.07.
Universal Health Services (NYSE:UHS) last released its earnings results on Tuesday, July 25th. The health services provider reported $1.94 EPS for the quarter, missing the Zacks’ consensus estimate of $2.06 by ($0.12). Universal Health Services had a return on equity of 15.49% and a net margin of 7.10%. The firm had revenue of $2.61 billion for the quarter, compared to analyst estimates of $2.64 billion. During the same period last year, the firm earned $1.94 EPS. The company’s revenue for the quarter was up 7.5% compared to the same quarter last year. On average, equities research analysts anticipate that Universal Health Services, Inc. will post $7.73 earnings per share for the current year.
The business also recently declared a quarterly dividend, which was paid on Friday, September 15th. Shareholders of record on Friday, September 1st were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.36%. The ex-dividend date was Wednesday, August 30th. Universal Health Services’s payout ratio is presently 5.44%.
About Universal Health Services
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.
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