Globeflex Capital L P Takes Position in Universal Health Services, Inc. $UHS

Globeflex Capital L P purchased a new stake in Universal Health Services, Inc. (NYSE:UHS) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 41,697 shares of the health services provider’s stock, valued at approximately $6,200,000.

A number of other hedge funds and other institutional investors have also modified their holdings of UHS. Elyxium Wealth LLC acquired a new stake in Universal Health Services during the 4th quarter worth about $25,000. Elevation Wealth Partners LLC boosted its holdings in shares of Universal Health Services by 503.1% in the second quarter. Elevation Wealth Partners LLC now owns 193 shares of the health services provider’s stock worth $29,000 after buying an additional 161 shares during the period. CYBER HORNET ETFs LLC acquired a new position in shares of Universal Health Services in the second quarter worth about $29,000. Larson Financial Group LLC increased its position in shares of Universal Health Services by 302.9% in the fourth quarter. Larson Financial Group LLC now owns 141 shares of the health services provider’s stock worth $31,000 after acquiring an additional 106 shares in the last quarter. Finally, CENTRAL TRUST Co increased its position in shares of Universal Health Services by 107.1% in the first quarter. CENTRAL TRUST Co now owns 174 shares of the health services provider’s stock worth $31,000 after acquiring an additional 90 shares in the last quarter. Institutional investors and hedge funds own 86.05% of the company’s stock.

Universal Health Services Price Performance

Shares of UHS opened at $177.14 on Monday. The business’s 50-day moving average is $157.95 and its 200-day moving average is $174.71. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.12 and a quick ratio of 1.04. The company has a market capitalization of $10.44 billion, a price-to-earnings ratio of 7.22, a P/E/G ratio of 0.95 and a beta of 1.05. Universal Health Services, Inc. has a fifty-two week low of $140.08 and a fifty-two week high of $246.32.

Universal Health Services (NYSE:UHS) last posted its quarterly earnings results on Tuesday, July 28th. The health services provider reported $5.98 EPS for the quarter, topping the consensus estimate of $5.94 by $0.04. Universal Health Services had a net margin of 8.42% and a return on equity of 19.39%. The business had revenue of $4.64 billion during the quarter, compared to analysts’ expectations of $4.58 billion. During the same period last year, the company posted $5.35 earnings per share. The firm’s quarterly revenue was up 8.3% compared to the same quarter last year. Equities research analysts expect that Universal Health Services, Inc. will post 23.08 EPS for the current fiscal year.

Universal Health Services Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be given a $0.20 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $0.80 dividend on an annualized basis and a yield of 0.5%. Universal Health Services’s dividend payout ratio is presently 3.26%.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on UHS. Morgan Stanley reduced their price target on shares of Universal Health Services from $212.00 to $191.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 29th. TD Cowen lowered their price objective on shares of 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. Royal Bank Of Canada reissued a “sector perform” rating and set a $183.00 target price on shares of Universal Health Services in a research note on Thursday. Stephens reduced their target price on Universal Health Services from $235.00 to $205.00 and set an “equal weight” rating for the company in a report on Wednesday, April 29th. Finally, Mizuho decreased their target price on Universal Health Services from $267.00 to $230.00 and set an “outperform” rating for the company in a research 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 MarketBeat, Universal Health Services currently has an average rating of “Hold” and a consensus target price of $204.93.

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.