Empowered Funds LLC Has $20.11 Million Stake in Universal Health Services, Inc. $UHS

Empowered Funds LLC lifted its stake in Universal Health Services, Inc. (NYSE:UHS) by 5.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 135,220 shares of the health services provider’s stock after buying an additional 6,538 shares during the period. Empowered Funds LLC’s holdings in Universal Health Services were worth $20,106,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Blair William & Co. IL raised its holdings in Universal Health Services by 4.1% in the 4th quarter. Blair William & Co. IL now owns 1,390 shares of the health services provider’s stock valued at $303,000 after acquiring an additional 55 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in Universal Health Services by 3.3% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 1,794 shares of the health services provider’s stock valued at $367,000 after purchasing an additional 58 shares in the last quarter. Triad Wealth Partners LLC raised its stake in Universal Health Services by 3.4% in the first quarter. Triad Wealth Partners LLC now owns 1,858 shares of the health services provider’s stock valued at $333,000 after purchasing an additional 61 shares in the last quarter. Nomura Asset Management Co. Ltd. lifted its position in Universal Health Services by 0.3% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 20,595 shares of the health services provider’s stock worth $4,490,000 after purchasing an additional 65 shares during the period. Finally, IFM Investors Pty Ltd lifted its position in Universal Health Services by 0.6% during the fourth quarter. IFM Investors Pty Ltd now owns 11,781 shares of the health services provider’s stock worth $2,568,000 after purchasing an additional 65 shares during the period. Institutional investors and hedge funds own 86.05% of the company’s stock.

Universal Health Services Stock Down 3.3%

Shares of UHS opened at $172.81 on Friday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.04 and a current ratio of 1.12. Universal Health Services, Inc. has a 52 week low of $140.08 and a 52 week high of $246.32. The stock has a market capitalization of $10.19 billion, a price-to-earnings ratio of 7.04, a PEG ratio of 0.96 and a beta of 1.05. The stock has a fifty day moving average of $160.52 and a 200-day moving average of $173.69.

Universal Health Services (NYSE:UHS) last issued its quarterly earnings data on Tuesday, July 28th. The health services provider reported $5.98 earnings per share for the quarter, topping analysts’ consensus estimates of $5.94 by $0.04. Universal Health Services had a return on equity of 19.39% and a net margin of 8.42%.The business had revenue of $4.64 billion for the quarter, compared to analyst estimates of $4.58 billion. During the same quarter in the previous year, the company posted $5.35 EPS. Universal Health Services’s quarterly revenue was up 8.3% compared to the same quarter last year. As a group, sell-side analysts anticipate that Universal Health Services, Inc. will post 23.01 earnings per share for the current fiscal year.

Universal Health Services Announces Dividend

The company also recently disclosed 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 of this dividend 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 currently 3.26%.

Analysts Set New Price Targets

Several equities analysts have commented on UHS shares. The Goldman Sachs Group decreased their target price on shares of Universal Health Services from $242.00 to $190.00 and set a “neutral” rating on the stock in a report on Thursday, July 30th. TD Cowen cut their price target on shares of Universal Health Services from $230.00 to $197.00 and set a “buy” rating for the company in a report on Monday, June 22nd. UBS Group set a $290.00 price target on shares of Universal Health Services in a research report on Wednesday, July 29th. Wall Street Zen cut shares of Universal Health Services from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Finally, Guggenheim lowered their price objective on shares of Universal Health Services from $195.00 to $189.00 and set a “buy” rating for the company in a research report on Wednesday, July 29th. Five investment analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $204.93.

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.