Los Angeles Capital Management LLC Increases Stock Holdings in Universal Health Services, Inc. $UHS

Los Angeles Capital Management LLC increased its holdings in shares of Universal Health Services, Inc. (NYSE:UHS) by 47.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 339,326 shares of the health services provider’s stock after acquiring an additional 109,074 shares during the period. Los Angeles Capital Management LLC’s holdings in Universal Health Services were worth $74,207,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Elyxium Wealth LLC bought a new stake in shares of Universal Health Services during the 4th quarter worth approximately $25,000. Harbor Capital Advisors Inc. bought a new stake in shares of Universal Health Services during the 4th quarter worth approximately $26,000. SBI Securities Co. Ltd. lifted its stake in shares of Universal Health Services by 320.0% during the 3rd quarter. SBI Securities Co. Ltd. now owns 126 shares of the health services provider’s stock worth $26,000 after acquiring an additional 96 shares during the last quarter. Founders Capital Management bought a new stake in shares of Universal Health Services during the 4th quarter worth approximately $28,000. Finally, Larson Financial Group LLC lifted its stake in shares of 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 acquiring an additional 106 shares during the last quarter. 86.05% of the stock is owned by institutional investors.

Universal Health Services Trading Up 1.7%

UHS opened at $145.14 on Friday. The firm has a market cap of $8.79 billion, a price-to-earnings ratio of 6.05, a PEG ratio of 0.77 and a beta of 1.07. The company has a current ratio of 1.08, a quick ratio of 1.01 and a debt-to-equity ratio of 0.52. Universal Health Services, Inc. has a 12 month low of $140.76 and a 12 month high of $246.32. The stock has a fifty day moving average price of $169.69 and a 200-day moving average price of $199.34.

Universal Health Services (NYSE:UHS) last released its quarterly earnings results on Tuesday, April 28th. The health services provider reported $5.62 EPS for the quarter, topping the consensus estimate of $5.41 by $0.21. The firm had revenue of $4.50 billion during the quarter, compared to analyst estimates of $4.39 billion. Universal Health Services had a return on equity of 19.57% and a net margin of 8.56%.The business’s revenue for the quarter was up 9.6% compared to the same quarter last year. During the same period in the previous year, the company posted $4.84 EPS. As a group, equities research analysts anticipate that Universal Health Services, Inc. will post 23.47 earnings per share for the current fiscal year.

Universal Health Services Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Monday, June 8th will be given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Monday, June 8th. Universal Health Services’s payout ratio is presently 3.33%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. TD Cowen decreased their price target on Universal Health Services from $245.00 to $230.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. Raymond James Financial lowered Universal Health Services from an “outperform” rating to a “market perform” rating in a research note on Wednesday, April 29th. Mizuho decreased their price target on Universal Health Services from $267.00 to $230.00 and set an “outperform” rating for the company in a research note on Wednesday, April 29th. Royal Bank Of Canada decreased their price target on Universal Health Services from $216.00 to $190.00 and set a “sector perform” rating for the company in a research note on Wednesday, April 29th. Finally, UBS Group reissued a “buy” rating on shares of Universal Health Services in a research note on Friday, May 29th. Six analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Universal Health Services has a consensus rating of “Hold” and an average price target 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.