Platinum Investment Management Ltd. Sells 211 Shares of Universal Health Services, Inc. $UHS

Platinum Investment Management Ltd. reduced its stake in shares of Universal Health Services, Inc. (NYSE:UHS) by 13.1% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,397 shares of the health services provider’s stock after selling 211 shares during the period. Platinum Investment Management Ltd.’s holdings in Universal Health Services were worth $253,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Zions Bancorporation National Association UT bought a new position in shares of Universal Health Services during the 1st quarter valued at approximately $30,000. UMB Bank n.a. grew its position in shares of Universal Health Services by 49.3% during the 1st quarter. UMB Bank n.a. now owns 203 shares of the health services provider’s stock valued at $38,000 after acquiring an additional 67 shares during the period. Sentry Investment Management LLC bought a new position in shares of Universal Health Services during the 1st quarter valued at approximately $35,000. Federated Hermes Inc. grew its position in shares of Universal Health Services by 89.7% during the 1st quarter. Federated Hermes Inc. now owns 258 shares of the health services provider’s stock valued at $48,000 after acquiring an additional 122 shares during the period. Finally, Farther Finance Advisors LLC grew its position in shares of Universal Health Services by 22.9% during the 2nd quarter. Farther Finance Advisors LLC now owns 354 shares of the health services provider’s stock valued at $64,000 after acquiring an additional 66 shares during the period. 86.05% of the stock is owned by institutional investors.

Universal Health Services Stock Down 0.5%

Shares of NYSE:UHS opened at $203.32 on Thursday. The firm has a fifty day moving average price of $181.30 and a two-hundred day moving average price of $180.56. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.29 and a quick ratio of 1.19. Universal Health Services, Inc. has a one year low of $152.33 and a one year high of $240.26. The company has a market cap of $12.94 billion, a price-to-earnings ratio of 10.71, a PEG ratio of 0.84 and a beta of 1.30.

Universal Health Services (NYSE:UHS) last announced its quarterly earnings results on Monday, July 28th. The health services provider reported $5.35 EPS for the quarter, beating the consensus estimate of $4.85 by $0.50. Universal Health Services had a net margin of 7.66% and a return on equity of 18.25%. The firm had revenue of $4.28 billion during the quarter, compared to the consensus estimate of $4.24 billion. During the same period last year, the firm earned $4.31 EPS. The business’s quarterly revenue was up 9.6% compared to the same quarter last year. Universal Health Services has set its FY 2025 guidance at 20.000-21.000 EPS. Analysts anticipate that Universal Health Services, Inc. will post 15.92 EPS for the current fiscal year.

Universal Health Services Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd were issued a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Tuesday, September 2nd. Universal Health Services’s dividend payout ratio (DPR) is presently 4.21%.

Analysts Set New Price Targets

UHS has been the subject of a number of research reports. Cantor Fitzgerald reissued a “neutral” rating and set a $227.00 target price on shares of Universal Health Services in a research report on Tuesday, August 26th. Barclays reduced their price objective on shares of Universal Health Services from $259.00 to $250.00 and set an “overweight” rating for the company in a research note on Thursday, September 18th. Wall Street Zen lowered shares of Universal Health Services from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 13th. JPMorgan Chase & Co. reduced their price objective on shares of Universal Health Services from $215.00 to $195.00 and set a “neutral” rating for the company in a research note on Monday, August 4th. Finally, Bank of America lowered shares of Universal Health Services from a “neutral” rating to an “underperform” rating and reduced their price objective for the company from $215.00 to $185.00 in a research note on Wednesday, July 16th. Four investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $214.08.

About Universal Health Services

Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities. It operates through Acute Care Hospital Services and Behavioral Health Care Services segments. The company's hospitals offer general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic and coronary care, pediatric services, pharmacy services, and/or behavioral health services.