Universal Health Services, Inc. (NYSE:UHS) Holdings Lowered by Stevens Capital Management LP

Stevens Capital Management LP lowered its holdings in Universal Health Services, Inc. (NYSE:UHS) by 7.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,085 shares of the health services provider’s stock after selling 82 shares during the period. Stevens Capital Management LP’s holdings in Universal Health Services were worth $248,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Van ECK Associates Corp grew its stake in shares of Universal Health Services by 4.2% in the 2nd quarter. Van ECK Associates Corp now owns 1,160 shares of the health services provider’s stock worth $215,000 after purchasing an additional 47 shares during the last quarter. LRI Investments LLC grew its stake in shares of Universal Health Services by 19.5% in the 2nd quarter. LRI Investments LLC now owns 386 shares of the health services provider’s stock worth $71,000 after purchasing an additional 63 shares during the last quarter. Empirical Finance LLC grew its stake in shares of Universal Health Services by 1.1% in the 3rd quarter. Empirical Finance LLC now owns 5,704 shares of the health services provider’s stock worth $1,306,000 after purchasing an additional 64 shares during the last quarter. US Bancorp DE grew its stake in shares of Universal Health Services by 3.0% in the 3rd quarter. US Bancorp DE now owns 2,238 shares of the health services provider’s stock worth $512,000 after purchasing an additional 65 shares during the last quarter. Finally, Quarry LP grew its stake in shares of Universal Health Services by 14.4% in the 3rd quarter. Quarry LP now owns 516 shares of the health services provider’s stock worth $118,000 after purchasing an additional 65 shares during the last quarter. Institutional investors and hedge funds own 86.05% of the company’s stock.

Universal Health Services Price Performance

NYSE UHS opened at $196.02 on Friday. The company has a current ratio of 1.39, a quick ratio of 1.28 and a debt-to-equity ratio of 0.69. The company has a fifty day simple moving average of $212.32 and a 200 day simple moving average of $207.71. The company has a market cap of $12.93 billion, a P/E ratio of 13.03, a P/E/G ratio of 0.63 and a beta of 1.28. Universal Health Services, Inc. has a 1 year low of $133.70 and a 1 year high of $243.25.

Universal Health Services (NYSE:UHS) last posted its quarterly earnings data on Thursday, October 24th. The health services provider reported $3.71 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.75 by ($0.04). The firm had revenue of $3.96 billion for the quarter, compared to the consensus estimate of $3.90 billion. Universal Health Services had a return on equity of 15.75% and a net margin of 6.66%. Universal Health Services’s quarterly revenue was up 11.3% on a year-over-year basis. During the same period in the prior year, the company posted $2.55 earnings per share. On average, sell-side analysts predict that Universal Health Services, Inc. will post 15.88 EPS 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. Shareholders 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 yield of 0.41%. The ex-dividend date of this dividend is Tuesday, December 3rd. Universal Health Services’s dividend payout ratio (DPR) is presently 5.32%.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on UHS. Barclays lifted their target price on shares of Universal Health Services from $256.00 to $271.00 and gave the stock an “overweight” rating in a research report on Friday, October 25th. KeyCorp assumed coverage on shares of Universal Health Services in a report on Friday, October 11th. They set a “sector weight” rating on the stock. TD Cowen cut their price target on shares of Universal Health Services from $275.00 to $251.00 and set a “buy” rating on the stock in a report on Tuesday, November 26th. Cantor Fitzgerald restated a “neutral” rating and set a $219.00 price target on shares of Universal Health Services in a report on Friday, October 25th. Finally, Royal Bank of Canada cut their price target on shares of Universal Health Services from $222.00 to $211.00 and set a “sector perform” rating on the stock in a report on Monday, October 28th. Six equities research 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, Universal Health Services presently has a consensus rating of “Moderate Buy” and an average target price of $225.50.

Universal Health Services 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.