1,166 Shares in Universal Health Services, Inc. (NYSE:UHS) Purchased by Chicago Partners Investment Group LLC

Chicago Partners Investment Group LLC purchased a new position in shares of Universal Health Services, Inc. (NYSE:UHS) in the 1st quarter, Holdings Channel reports. The institutional investor purchased 1,166 shares of the health services provider’s stock, valued at approximately $218,000.

Several other large investors have also recently added to or reduced their stakes in UHS. Sentry Investment Management LLC purchased a new position in Universal Health Services during the first quarter worth about $35,000. UMB Bank n.a. raised its holdings in Universal Health Services by 49.3% during the first quarter. UMB Bank n.a. now owns 203 shares of the health services provider’s stock worth $38,000 after purchasing an additional 67 shares in the last quarter. Federated Hermes Inc. raised its holdings in Universal Health Services by 89.7% during the first quarter. Federated Hermes Inc. now owns 258 shares of the health services provider’s stock worth $48,000 after purchasing an additional 122 shares in the last quarter. CX Institutional purchased a new position in Universal Health Services during the first quarter worth about $74,000. Finally, Harvest Fund Management Co. Ltd raised its holdings in Universal Health Services by 1,872.0% during the first quarter. Harvest Fund Management Co. Ltd now owns 493 shares of the health services provider’s stock worth $92,000 after purchasing an additional 468 shares in the last quarter. 86.05% of the stock is owned by hedge funds and other institutional investors.

Universal Health Services Stock Performance

Shares of UHS opened at $175.41 on Wednesday. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.19 and a current ratio of 1.29. The company has a market capitalization of $11.40 billion, a PE ratio of 9.24, a PEG ratio of 0.71 and a beta of 1.24. Universal Health Services, Inc. has a 52 week low of $152.33 and a 52 week high of $243.25. The company’s 50 day moving average price is $174.06 and its 200 day moving average price is $178.99.

Universal Health Services (NYSE:UHS) last posted its quarterly earnings data on Monday, July 28th. The health services provider reported $5.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.85 by $0.50. The business had revenue of $4.28 billion during the quarter, compared to the consensus estimate of $4.24 billion. Universal Health Services had a net margin of 7.66% and a return on equity of 18.25%. Universal Health Services’s quarterly revenue was up 9.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $4.31 EPS. Research analysts expect that Universal Health Services, Inc. will post 15.92 EPS for the current fiscal year.

Universal Health Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd will be issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Tuesday, September 2nd. Universal Health Services’s dividend payout ratio is currently 4.21%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. Barclays increased their price target on shares of Universal Health Services from $257.00 to $259.00 and gave the stock an “overweight” rating in a report on Wednesday, July 30th. Baird R W cut shares of Universal Health Services from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 15th. Wall Street Zen cut shares of Universal Health Services from a “strong-buy” rating to a “buy” rating in a report on Sunday. JPMorgan Chase & Co. dropped their target price on shares of Universal Health Services from $215.00 to $195.00 and set a “neutral” rating for the company in a report on Monday, August 4th. Finally, Robert W. Baird reissued a “neutral” rating and set a $224.00 price objective (down from $274.00) on shares of Universal Health Services in a research note on Tuesday, April 15th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $216.54.

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.