Swiss National Bank Reduces Stock Position in Universal Health Services, Inc. (NYSE:UHS)

Swiss National Bank lessened its stake in shares of Universal Health Services, Inc. (NYSE:UHS) by 3.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 330,800 shares of the health services provider’s stock after selling 13,300 shares during the quarter. Swiss National Bank owned approximately 0.37% of Universal Health Services worth $43,133,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the stock. Dimensional Fund Advisors LP lifted its position in Universal Health Services by 4.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,310,513 shares of the health services provider’s stock valued at $152,755,000 after purchasing an additional 59,712 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Universal Health Services by 8.0% in the 4th quarter. Geode Capital Management LLC now owns 1,178,604 shares of the health services provider’s stock worth $137,152,000 after acquiring an additional 86,840 shares during the last quarter. Nisa Investment Advisors LLC lifted its holdings in shares of Universal Health Services by 1.9% in the 1st quarter. Nisa Investment Advisors LLC now owns 27,170 shares of the health services provider’s stock worth $3,635,000 after acquiring an additional 500 shares during the last quarter. IFM Investors Pty Ltd lifted its holdings in shares of Universal Health Services by 14.0% in the 1st quarter. IFM Investors Pty Ltd now owns 5,877 shares of the health services provider’s stock worth $786,000 after acquiring an additional 720 shares during the last quarter. Finally, Strs Ohio lifted its holdings in shares of Universal Health Services by 0.9% in the 1st quarter. Strs Ohio now owns 19,683 shares of the health services provider’s stock worth $2,632,000 after acquiring an additional 170 shares during the last quarter. Hedge funds and other institutional investors own 85.17% of the company’s stock.

UHS traded up $0.62 on Wednesday, reaching $146.26. 2,601 shares of the company traded hands, compared to its average volume of 800,892. Universal Health Services, Inc. has a one year low of $112.79 and a one year high of $157.79. The firm has a fifty day simple moving average of $140.43 and a two-hundred day simple moving average of $132.00. The company has a market cap of $13.04 billion, a P/E ratio of 15.33, a price-to-earnings-growth ratio of 1.79 and a beta of 1.09. The company has a quick ratio of 1.17, a current ratio of 1.27 and a debt-to-equity ratio of 0.79.

Universal Health Services (NYSE:UHS) last posted its earnings results on Thursday, July 25th. The health services provider reported $2.76 EPS for the quarter, beating analysts’ consensus estimates of $2.49 by $0.27. The business had revenue of $2.86 billion for the quarter, compared to the consensus estimate of $2.81 billion. Universal Health Services had a net margin of 7.25% and a return on equity of 16.41%. The company’s revenue for the quarter was up 6.5% on a year-over-year basis. During the same quarter last year, the firm posted $2.47 EPS. On average, equities analysts forecast that Universal Health Services, Inc. will post 10.22 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 16th. Shareholders of record on Tuesday, September 3rd will be given a dividend of $0.20 per share. This is an increase from Universal Health Services’s previous quarterly dividend of $0.10. 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%. Universal Health Services’s dividend payout ratio (DPR) is 4.20%.

Several research firms have recently issued reports on UHS. Morgan Stanley raised their target price on shares of Universal Health Services from $135.00 to $146.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 31st. Bank of America raised their target price on shares of Universal Health Services from $158.00 to $165.00 and gave the stock a “buy” rating in a report on Friday, July 26th. Royal Bank of Canada raised their target price on shares of Universal Health Services to $165.00 and gave the stock an “outperform” rating in a report on Tuesday, July 30th. Credit Suisse Group raised their target price on shares of Universal Health Services from $150.00 to $170.00 and gave the stock an “outperform” rating in a report on Monday, July 29th. Finally, Barclays set a $145.00 target price on shares of Universal Health Services and gave the stock a “hold” rating in a report on Friday, July 26th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and ten have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $149.38.

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

About Universal Health Services

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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