State Street Corp Has $623.84 Million Stock Holdings in Universal Health Services, Inc. (NYSE:UHS)

State Street Corp raised its position in shares of Universal Health Services, Inc. (NYSE:UHS - Free Report) by 0.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,724,075 shares of the health services provider's stock after purchasing an additional 17,527 shares during the quarter. State Street Corp owned 4.08% of Universal Health Services worth $623,840,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Financial Management Professionals Inc. purchased a new position in shares of Universal Health Services during the 3rd quarter valued at $32,000. Blue Trust Inc. grew its holdings 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 valued at $33,000 after acquiring an additional 167 shares in the last quarter. Innealta Capital LLC purchased a new position in shares of Universal Health Services during the 2nd quarter valued at $35,000. True Wealth Design LLC bought a new stake in Universal Health Services in the third quarter worth $39,000. Finally, Huntington National Bank boosted its holdings in Universal Health Services by 414.3% in the third quarter. Huntington National Bank now owns 180 shares of the health services provider's stock worth $41,000 after purchasing an additional 145 shares in the last quarter. 86.05% of the stock is owned by institutional investors and hedge funds.

Universal Health Services Price Performance

Shares of NYSE:UHS traded down $1.37 during trading on Monday, reaching $192.85. The stock had a trading volume of 500,495 shares, compared to its average volume of 682,724. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.39 and a quick ratio of 1.28. The stock has a market capitalization of $12.72 billion, a PE ratio of 12.91, a P/E/G ratio of 0.62 and a beta of 1.28. The business's 50-day moving average price is $210.73 and its 200 day moving average price is $208.11. Universal Health Services, Inc. has a 52 week low of $139.90 and a 52 week high of $243.25.

Universal Health Services (NYSE:UHS - Get Free Report) last issued its quarterly earnings results on Thursday, October 24th. The health services provider reported $3.71 earnings per share for the quarter, missing analysts' consensus estimates of $3.75 by ($0.04). The company had revenue of $3.96 billion during the quarter, compared to analyst estimates of $3.90 billion. Universal Health Services had a net margin of 6.66% and a return on equity of 15.75%. The business's revenue for the quarter was up 11.3% on a year-over-year basis. During the same period in the prior year, the business earned $2.55 EPS. As a group, equities analysts predict that Universal Health Services, Inc. will post 15.88 earnings per share for the current year.

Universal Health Services Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 17th. Investors of record on Tuesday, December 3rd will be issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.41%. The ex-dividend date of this dividend is Tuesday, December 3rd. Universal Health Services's dividend payout ratio is currently 5.32%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on UHS. StockNews.com cut shares of Universal Health Services from a "strong-buy" rating to a "buy" rating in a report on Saturday, November 9th. Royal Bank of Canada cut their target price on shares of Universal Health Services from $222.00 to $211.00 and set a "sector perform" rating for the company in a research report on Monday, October 28th. Wells Fargo & Company cut their target price on shares of Universal Health Services from $285.00 to $230.00 and set an "overweight" rating for the company in a research report on Monday, November 25th. Bank of America assumed coverage on shares of Universal Health Services in a research report on Wednesday, November 6th. They set a "neutral" rating and a $223.00 target price for the company. Finally, KeyCorp assumed coverage on shares of Universal Health Services in a research report on Friday, October 11th. They set a "sector weight" rating for the company. Six equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Universal Health Services has an average rating of "Moderate Buy" and an average price target of $225.50.

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.