Rothschild Asset Management Inc. boosted its stake in Universal Health Services, Inc. (NYSE:UHS) by 25.9% during the second quarter, Holdings Channel reports. The fund owned 6,220 shares of the health services provider’s stock after buying an additional 1,280 shares during the period. Rothschild Asset Management Inc.’s holdings in Universal Health Services were worth $759,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Creative Planning boosted its stake in 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 last quarter. Intrust Bank NA purchased a new stake in Universal Health Services during the first quarter valued at approximately $202,000. Stratos Wealth Partners LTD. purchased a new stake in Universal Health Services during the first quarter valued at approximately $202,000. Commerzbank Aktiengesellschaft FI purchased a new stake in Universal Health Services during the first quarter valued at approximately $205,000. Finally, Conning Inc. purchased a new stake in Universal Health Services during the first quarter valued at approximately $209,000. 86.11% of the stock is owned by hedge funds and other institutional investors.

Universal Health Services, Inc. (NYSE:UHS) opened at 105.37 on Friday. The firm has a 50 day moving average of $117.29 and a 200-day moving average of $118.98. The firm has a market cap of $10.08 billion, a price-to-earnings ratio of 14.33 and a beta of 1.06. Universal Health Services, Inc. has a one year low of $99.72 and a one year high of $129.74.

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

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Friday, September 1st will be paid a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, August 30th. This represents a $0.40 annualized dividend and a yield of 0.38%. Universal Health Services’s dividend payout ratio is presently 5.44%.

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Several analysts have commented on UHS shares. Zacks Investment Research raised shares of Universal Health Services from a “hold” rating to a “buy” rating and set a $137.00 target price for the company in a research note on Tuesday, July 4th. Piper Jaffray Companies reaffirmed a “buy” rating and issued a $134.00 target price on shares of Universal Health Services in a research note on Friday, July 28th. Morgan Stanley started coverage on shares of Universal Health Services in a research note on Tuesday, June 6th. They issued an “equal weight” rating and a $124.00 target price for the company. Citigroup Inc. lowered their target price on shares of Universal Health Services from $131.00 to $126.00 and set a “neutral” rating for the company in a research note on Wednesday, July 26th. Finally, Royal Bank Of Canada lowered their target price on shares of Universal Health Services from $157.00 to $153.00 and set an “outperform” rating for the company in a research note on Thursday, April 27th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and five have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $136.90.

Universal Health Services Company Profile

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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