Seven Bridges Advisors LLC purchased a new stake in shares of Universal Health Services, Inc. (NYSE:UHS) during the second quarter, Holdings Channel reports. The institutional investor purchased 1,292 shares of the health services provider’s stock, valued at approximately $158,000.

A number of other institutional investors also recently made changes to their positions in UHS. Creative Planning increased its position in shares of Universal Health Services by 1.5% in the first quarter. Creative Planning now owns 1,125 shares of the health services provider’s stock valued at $140,000 after buying an additional 17 shares during the period. Grove Bank & Trust increased its position in shares of Universal Health Services by 262.4% in the second quarter. Grove Bank & Trust now owns 1,196 shares of the health services provider’s stock valued at $146,000 after buying an additional 866 shares during the period. Stratos Wealth Partners LTD. increased its position in shares of Universal Health Services by 1.3% in the second quarter. Stratos Wealth Partners LTD. now owns 1,644 shares of the health services provider’s stock valued at $201,000 after buying an additional 21 shares during the period. Intrust Bank NA bought a new position in shares of Universal Health Services during the first quarter valued at approximately $202,000. Finally, Commerzbank Aktiengesellschaft FI bought a new position in shares of Universal Health Services during the first quarter valued at approximately $205,000. Institutional investors own 86.11% of the company’s stock.

Universal Health Services, Inc. (NYSE:UHS) opened at 106.85 on Thursday. The company has a 50-day moving average price of $117.51 and a 200 day moving average price of $119.07. Universal Health Services, Inc. has a 12 month low of $99.72 and a 12 month high of $129.74. The company has a market capitalization of $10.28 billion, a PE ratio of 14.53 and a beta of 1.06.

Universal Health Services (NYSE:UHS) last issued its quarterly earnings data on Tuesday, July 25th. The health services provider reported $1.94 EPS for the quarter, missing analysts’ consensus estimates of $2.06 by $0.12. Universal Health Services had a net margin of 7.10% and a return on equity of 15.49%. The firm had revenue of $2.61 billion during the quarter, compared to analyst estimates of $2.64 billion. During the same period in the prior year, the company earned $1.94 earnings per share. The business’s quarterly revenue was up 7.5% compared to the same quarter last year. On average, equities research analysts forecast that Universal Health Services, Inc. will post $7.72 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Friday, September 1st will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.37%. The ex-dividend date is Wednesday, August 30th. Universal Health Services’s dividend payout ratio is 5.44%.

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UHS has been the topic of several analyst reports. Zacks Investment Research upgraded Universal Health Services from a “hold” rating to a “buy” rating and set a $137.00 price target on the stock in a report on Tuesday, July 4th. Piper Jaffray Companies reiterated a “buy” rating and set a $134.00 price target on shares of Universal Health Services in a report on Friday, July 28th. Morgan Stanley initiated coverage on Universal Health Services in a report on Tuesday, June 6th. They set an “equal weight” rating and a $124.00 price target on the stock. Citigroup Inc. lowered their price target on Universal Health Services from $131.00 to $126.00 and set a “neutral” rating on the stock in a report on Wednesday, July 26th. Finally, Royal Bank Of Canada lowered their price target on Universal Health Services from $157.00 to $153.00 and set an “outperform” rating on the stock in a report on Thursday, April 27th. One analyst has rated the stock with a sell rating, nine have given a hold rating and five have assigned a buy rating to the stock. Universal Health Services has an average rating of “Hold” and a consensus price target of $136.90.

About Universal Health Services

Universal Health Services, Inc is a holding company. The Company’s principal business is owning and operating, through its subsidiaries, acute care hospitals and outpatient facilities, and behavioral healthcare facilities. The Company’s segments include Acute Care Hospital Services, Behavioral Health Services and Other.

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Institutional Ownership by Quarter for Universal Health Services (NYSE:UHS)

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