Regentatlantic Capital LLC Raises Stock Holdings in Universal Health Services, Inc. (NYSE:UHS)

Regentatlantic Capital LLC boosted its stake in Universal Health Services, Inc. (NYSE:UHS) by 9.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 10,046 shares of the health services provider’s stock after buying an additional 852 shares during the period. Regentatlantic Capital LLC’s holdings in Universal Health Services were worth $1,310,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. HGK Asset Management Inc. boosted its holdings in Universal Health Services by 10.2% in the second quarter. HGK Asset Management Inc. now owns 48,894 shares of the health services provider’s stock valued at $6,375,000 after purchasing an additional 4,506 shares in the last quarter. World Asset Management Inc boosted its holdings in Universal Health Services by 1.6% in the second quarter. World Asset Management Inc now owns 5,922 shares of the health services provider’s stock valued at $772,000 after purchasing an additional 93 shares in the last quarter. WBI Investments Inc. boosted its holdings in Universal Health Services by 690.7% in the second quarter. WBI Investments Inc. now owns 30,513 shares of the health services provider’s stock valued at $3,978,000 after purchasing an additional 26,654 shares in the last quarter. Commonwealth Equity Services LLC boosted its holdings in Universal Health Services by 21.9% in the second quarter. Commonwealth Equity Services LLC now owns 2,814 shares of the health services provider’s stock valued at $366,000 after purchasing an additional 506 shares in the last quarter. Finally, Machina Capital S.A.S. boosted its holdings in Universal Health Services by 362.5% in the second quarter. Machina Capital S.A.S. now owns 7,057 shares of the health services provider’s stock valued at $920,000 after purchasing an additional 5,531 shares in the last quarter. Hedge funds and other institutional investors own 86.67% of the company’s stock.

In other news, EVP Marvin G. Pember sold 16,693 shares of the company’s stock in a transaction that occurred on Monday, July 29th. The stock was sold at an average price of $149.54, for a total transaction of $2,496,271.22. Following the completion of the sale, the executive vice president now owns 83,379 shares in the company, valued at $12,468,495.66. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Robert H. Hotz sold 7,309 shares of the company’s stock in a transaction that occurred on Monday, July 29th. The stock was sold at an average price of $148.01, for a total value of $1,081,805.09. Following the sale, the director now owns 67,715 shares of the company’s stock, valued at approximately $10,022,497.15. The disclosure for this sale can be found here. 12.60% of the stock is currently owned by insiders.

NYSE UHS traded down $0.71 on Friday, reaching $146.45. The stock had a trading volume of 818,201 shares, compared to its average volume of 710,474. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.17 and a current ratio of 1.27. Universal Health Services, Inc. has a 12-month low of $112.79 and a 12-month high of $157.79. The company’s 50-day moving average is $133.04. The firm has a market capitalization of $13.26 billion, a PE ratio of 15.37, a P/E/G ratio of 1.79 and a beta of 1.09.

Universal Health Services (NYSE:UHS) last issued its quarterly earnings data on Thursday, July 25th. The health services provider reported $2.76 earnings per share for the quarter, beating the Zacks’ consensus estimate of $2.49 by $0.27. Universal Health Services had a return on equity of 16.41% and a net margin of 7.25%. The company had revenue of $2.86 billion during the quarter, compared to analysts’ expectations of $2.81 billion. During the same quarter in the previous year, the business earned $2.47 earnings per share. The firm’s revenue for the quarter was up 6.5% on a year-over-year basis. On average, equities research analysts anticipate that Universal Health Services, Inc. will post 10.19 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 16th. Shareholders of record on Tuesday, September 3rd will be paid a $0.20 dividend. The ex-dividend date of this dividend is Friday, August 30th. This represents a $0.80 dividend on an annualized basis and a yield of 0.55%. This is a boost from Universal Health Services’s previous quarterly dividend of $0.10. Universal Health Services’s payout ratio is currently 4.20%.

A number of equities analysts recently issued reports on the company. Credit Suisse Group upped their price target on Universal Health Services from $150.00 to $170.00 and gave the company an “outperform” rating in a report on Monday, July 29th. Royal Bank of Canada upped their price target on Universal Health Services to $165.00 and gave the company an “outperform” rating in a report on Tuesday, July 30th. Bank of America upped their price target on Universal Health Services from $158.00 to $165.00 and gave the company a “buy” rating in a report on Friday, July 26th. UBS Group reaffirmed a “buy” rating and issued a $151.00 price target on shares of Universal Health Services in a report on Friday, June 7th. Finally, BMO Capital Markets reduced their price objective on Universal Health Services to $138.00 and set a “market perform” rating for the company in a research note on Monday, April 29th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and ten have assigned a buy rating to the company. Universal Health Services presently has a consensus rating of “Hold” and an average price target of $148.76.

Universal Health Services Company Profile

Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, outpatient facilities, and behavioral health care facilities. The company operates through Acute Care Hospital Services, Behavioral Health Care Services, and Other segments. Its hospital offer general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, coronary care, pediatric services, pharmacy services, and/or behavioral health services.

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Institutional Ownership by Quarter for Universal Health Services (NYSE:UHS)

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