Clough Capital Partners L P purchased a new position in Universal Health Services, Inc. (NYSE:UHS – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 76,650 shares of the health services provider’s stock, valued at approximately $16,711,000. Universal Health Services makes up about 1.5% of Clough Capital Partners L P’s portfolio, making the stock its 27th biggest holding. Clough Capital Partners L P owned approximately 0.12% of Universal Health Services at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Elyxium Wealth LLC acquired a new stake in Universal Health Services during the 4th quarter worth $25,000. Harbor Capital Advisors Inc. acquired a new stake in Universal Health Services during the 4th quarter worth $26,000. Founders Capital Management acquired a new stake in Universal Health Services during the 4th quarter worth $28,000. Larson Financial Group LLC boosted its stake in Universal Health Services by 302.9% during the 4th 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. Finally, CYBER HORNET ETFs LLC acquired a new stake in Universal Health Services during the 2nd quarter worth $29,000. Institutional investors and hedge funds own 86.05% of the company’s stock.
Universal Health Services Trading Down 3.9%
Shares of UHS stock opened at $141.19 on Thursday. The company’s 50-day moving average price is $164.04 and its 200-day moving average price is $194.05. The company has a current ratio of 1.08, a quick ratio of 1.01 and a debt-to-equity ratio of 0.52. The stock has a market cap of $8.55 billion, a price-to-earnings ratio of 5.88, a PEG ratio of 0.78 and a beta of 1.07. Universal Health Services, Inc. has a twelve month low of $140.08 and a twelve month high of $246.32.
Universal Health Services Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Monday, June 8th will be given a $0.20 dividend. The ex-dividend date of this dividend is Monday, June 8th. This represents a $0.80 dividend on an annualized basis and a yield of 0.6%. Universal Health Services’s dividend payout ratio is presently 3.33%.
Analysts Set New Price Targets
Several equities research analysts have issued reports on the stock. Guggenheim lowered their target price on shares of Universal Health Services from $238.00 to $211.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. Raymond James Financial cut shares of Universal Health Services from an “outperform” rating to a “market perform” rating in a research note on Wednesday, April 29th. UBS Group reaffirmed a “buy” rating on shares of Universal Health Services in a research note on Friday, May 29th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Universal Health Services from $261.00 to $230.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. Finally, Stephens lowered their price target on shares of Universal Health Services from $235.00 to $205.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 29th. Six analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $218.63.
Universal Health Services Profile
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.
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