Quadrature Capital Ltd increased its holdings in Universal Health Services, Inc. (NYSE:UHS - Free Report) by 71.1% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 32,194 shares of the health services provider's stock after acquiring an additional 13,380 shares during the quarter. Quadrature Capital Ltd's holdings in Universal Health Services were worth $7,375,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Financial Management Professionals Inc. bought a new position in Universal Health Services in the 3rd quarter worth $32,000. True Wealth Design LLC bought a new position in Universal Health Services during the 3rd quarter worth about $39,000. Blue Trust Inc. raised its stake in shares of Universal Health Services by 1,284.6% during the 2nd quarter. Blue Trust Inc. now owns 180 shares of the health services provider's stock worth $33,000 after acquiring an additional 167 shares in the last quarter. Huntington National Bank increased its position in shares of Universal Health Services by 414.3% in the 3rd quarter. Huntington National Bank now owns 180 shares of the health services provider's stock valued at $41,000 after acquiring an additional 145 shares during the period. Finally, Innealta Capital LLC acquired a new position in Universal Health Services during the second quarter valued at $35,000. Hedge funds and other institutional investors own 86.05% of the company's stock.
Wall Street Analyst Weigh In
A number of research analysts recently commented on UHS shares. StockNews.com cut Universal Health Services from a "strong-buy" rating to a "buy" rating in a report on Saturday, November 9th. TD Cowen lowered their price objective on Universal Health Services from $275.00 to $251.00 and set a "buy" rating for the company in a research report on Tuesday, November 26th. Robert W. Baird upped their target price on Universal Health Services from $236.00 to $274.00 and gave the company an "outperform" rating in a research report on Wednesday, September 4th. Bank of America assumed coverage on shares of Universal Health Services in a research note on Wednesday, November 6th. They issued a "neutral" rating and a $223.00 price target on the stock. Finally, Cantor Fitzgerald reaffirmed a "neutral" rating and set a $219.00 target price on shares of Universal Health Services in a research report on Friday, October 25th. Six investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $225.50.
Check Out Our Latest Report on Universal Health Services
Universal Health Services Stock Down 1.6 %
UHS traded down $3.10 on Thursday, reaching $196.02. The company's stock had a trading volume of 254,029 shares, compared to its average volume of 683,077. The stock has a 50 day moving average of $212.32 and a two-hundred day moving average of $207.71. The company has a market capitalization of $12.93 billion, a price-to-earnings ratio of 13.16, a P/E/G ratio of 0.63 and a beta of 1.28. The company has a quick ratio of 1.28, a current ratio of 1.39 and a debt-to-equity ratio of 0.69. Universal Health Services, Inc. has a fifty-two week low of $133.70 and a fifty-two week high of $243.25.
Universal Health Services (NYSE:UHS - Get Free Report) last announced its earnings results on Thursday, October 24th. The health services provider reported $3.71 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.75 by ($0.04). Universal Health Services had a return on equity of 15.75% and a net margin of 6.66%. The business had revenue of $3.96 billion for the quarter, compared to analyst estimates of $3.90 billion. During the same quarter in the previous year, the firm posted $2.55 EPS. The business's revenue was up 11.3% on a year-over-year basis. As a group, analysts forecast that Universal Health Services, Inc. will post 15.88 EPS for the current fiscal year.
Universal Health Services Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 17th. Investors of record on Tuesday, December 3rd will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 0.41%. The ex-dividend date is Tuesday, December 3rd. Universal Health Services's payout ratio is currently 5.32%.
About Universal Health Services
(
Free Report)
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.
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