Inceptionr LLC Acquires 6,544 Shares of Universal Health Services, Inc. $UHS

Inceptionr LLC increased its stake in Universal Health Services, Inc. (NYSE:UHS) by 457.3% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,975 shares of the health services provider’s stock after acquiring an additional 6,544 shares during the quarter. Inceptionr LLC’s holdings in Universal Health Services were worth $1,427,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Pzena Investment Management LLC raised its holdings in shares of Universal Health Services by 31.5% during the fourth quarter. Pzena Investment Management LLC now owns 2,112,604 shares of the health services provider’s stock valued at $460,590,000 after purchasing an additional 505,575 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of Universal Health Services by 12.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,781,262 shares of the health services provider’s stock valued at $318,812,000 after buying an additional 192,351 shares during the period. Arrowstreet Capital Limited Partnership increased its position in Universal Health Services by 7.1% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,206,000 shares of the health services provider’s stock valued at $262,932,000 after buying an additional 80,236 shares in the last quarter. Norges Bank bought a new stake in Universal Health Services in the 4th quarter valued at about $199,334,000. Finally, Morgan Stanley raised its stake in Universal Health Services by 59.5% during the 4th quarter. Morgan Stanley now owns 871,377 shares of the health services provider’s stock worth $189,978,000 after buying an additional 325,162 shares during the period. Institutional investors and hedge funds own 86.05% of the company’s stock.

Universal Health Services Stock Performance

Shares of UHS opened at $151.31 on Friday. The firm has a market capitalization of $9.16 billion, a P/E ratio of 6.30, a P/E/G ratio of 0.80 and a beta of 1.07. Universal Health Services, Inc. has a 52 week low of $140.08 and a 52 week high of $246.32. The stock has a 50 day moving average price of $150.83 and a two-hundred day moving average price of $180.02. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.01 and a current ratio of 1.08.

Universal Health Services (NYSE:UHS) last announced its quarterly earnings results on Tuesday, April 28th. The health services provider reported $5.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.41 by $0.21. The business had revenue of $4.50 billion during the quarter, compared to the consensus estimate of $4.39 billion. Universal Health Services had a return on equity of 19.57% and a net margin of 8.56%.Universal Health Services’s revenue was up 9.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $4.84 earnings per share. Equities analysts forecast that Universal Health Services, Inc. will post 23.44 earnings per share for the current fiscal year.

Universal Health Services Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be paid a $0.20 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $0.80 annualized dividend and a dividend yield of 0.5%. Universal Health Services’s dividend payout ratio is presently 3.33%.

Analyst Ratings Changes

A number of equities research analysts have commented on UHS shares. Raymond James Financial cut Universal Health Services from an “outperform” rating to a “market perform” rating in a research note on Wednesday, April 29th. TD Cowen lowered their target price on Universal Health Services from $230.00 to $197.00 and set a “buy” rating on the stock in a research report on Monday, June 22nd. JPMorgan Chase & Co. cut their target price on Universal Health Services from $235.00 to $205.00 and set a “neutral” rating on the stock in a report on Wednesday, May 20th. Morgan Stanley reduced their price target on shares of Universal Health Services from $233.00 to $212.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 29th. Finally, Royal Bank Of Canada lowered their price objective on shares of Universal Health Services from $216.00 to $190.00 and set a “sector perform” rating on the stock in a report on Wednesday, April 29th. Five investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $213.73.

Universal Health Services Company 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.