Brighton Jones LLC Acquires New Shares in Universal Health Services, Inc. $UHS

Brighton Jones LLC acquired a new position in Universal Health Services, Inc. (NYSE:UHS) in the second quarter, HoldingsChannel reports. The fund acquired 1,719 shares of the health services provider’s stock, valued at approximately $311,000.

Several other large investors have also modified their holdings of the business. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of Universal Health Services during the second quarter valued at approximately $87,373,000. AQR Capital Management LLC lifted its holdings in Universal Health Services by 57.8% during the first quarter. AQR Capital Management LLC now owns 931,355 shares of the health services provider’s stock worth $173,381,000 after buying an additional 340,966 shares during the period. Ameriprise Financial Inc. boosted its position in Universal Health Services by 329.4% during the 1st quarter. Ameriprise Financial Inc. now owns 404,806 shares of the health services provider’s stock valued at $76,081,000 after acquiring an additional 310,531 shares in the last quarter. Nuveen LLC purchased a new position in shares of Universal Health Services in the 1st quarter valued at $25,555,000. Finally, Assenagon Asset Management S.A. lifted its stake in shares of Universal Health Services by 119.5% during the 2nd quarter. Assenagon Asset Management S.A. now owns 241,164 shares of the health services provider’s stock worth $43,687,000 after purchasing an additional 131,305 shares during the last quarter. Institutional investors own 86.05% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have commented on UHS. Weiss Ratings reissued a “hold (c+)” rating on shares of Universal Health Services in a research report on Wednesday, October 8th. Wall Street Zen upgraded shares of Universal Health Services from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 11th. Bank of America lowered shares of Universal Health Services from a “neutral” rating to an “underperform” rating and cut their price target for the stock from $215.00 to $185.00 in a report on Wednesday, July 16th. Morgan Stanley set a $233.00 price objective on Universal Health Services in a research report on Wednesday. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Universal Health Services in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $230.57.

Insiders Place Their Bets

In other Universal Health Services news, Director Elliot J. Md Mba Sussman sold 965 shares of the firm’s stock in a transaction that occurred on Wednesday, October 29th. The shares were sold at an average price of $225.70, for a total transaction of $217,800.50. Following the completion of the transaction, the director directly owned 6,113 shares of the company’s stock, valued at approximately $1,379,704.10. This trade represents a 13.63% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 16.40% of the company’s stock.

Universal Health Services Price Performance

NYSE UHS opened at $218.35 on Friday. The stock’s fifty day moving average price is $197.25 and its 200 day moving average price is $184.57. Universal Health Services, Inc. has a 1 year low of $152.33 and a 1 year high of $227.22. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.03 and a quick ratio of 1.19. The company has a market cap of $13.90 billion, a price-to-earnings ratio of 10.37, a PEG ratio of 0.80 and a beta of 1.30.

Universal Health Services (NYSE:UHS) last posted its quarterly earnings results on Monday, October 27th. The health services provider reported $5.69 earnings per share for the quarter, beating the consensus estimate of $4.66 by $1.03. Universal Health Services had a return on equity of 19.47% and a net margin of 8.09%.The business had revenue of $4.50 billion for the quarter, compared to the consensus estimate of $4.32 billion. During the same quarter in the previous year, the business earned $3.71 EPS. The company’s quarterly revenue was up 13.4% compared to the same quarter last year. Universal Health Services has set its FY 2025 guidance at 21.500-22.100 EPS. As a group, equities research analysts forecast that Universal Health Services, Inc. will post 15.92 earnings per share for the current year.

Universal Health Services Company Profile

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.