Creative Planning raised its stake in shares of Universal Health Services, Inc. (NYSE:UHS) by 2.4% during the second quarter, Holdings Channel reports. The institutional investor owned 1,152 shares of the health services provider’s stock after buying an additional 27 shares during the period. Creative Planning’s holdings in Universal Health Services were worth $141,000 as of its most recent filing with the SEC.

Several other large investors have also bought and sold shares of UHS. AXA increased its position in shares of Universal Health Services by 0.7% in the first quarter. AXA now owns 78,565 shares of the health services provider’s stock worth $9,778,000 after buying an additional 566 shares during the last quarter. Dean Investment Associates LLC purchased a new position in shares of Universal Health Services during the first quarter worth about $681,000. Bank of America Corp DE increased its position in shares of Universal Health Services by 40.6% in the first quarter. Bank of America Corp DE now owns 586,840 shares of the health services provider’s stock worth $73,032,000 after buying an additional 169,526 shares during the last quarter. Principal Financial Group Inc. increased its position in shares of Universal Health Services by 3.6% in the first quarter. Principal Financial Group Inc. now owns 139,619 shares of the health services provider’s stock worth $17,375,000 after buying an additional 4,817 shares during the last quarter. Finally, McKinley Carter Wealth Services Inc. increased its position in shares of Universal Health Services by 1.8% in the first quarter. McKinley Carter Wealth Services Inc. now owns 16,645 shares of the health services provider’s stock worth $2,071,000 after buying an additional 292 shares during the last quarter. Institutional investors and hedge funds own 86.11% of the company’s stock.

Universal Health Services, Inc. (NYSE:UHS) traded up 2.11% during mid-day trading on Friday, reaching $107.59. 852,168 shares of the company’s stock traded hands. The stock’s 50 day moving average is $117.07 and its 200-day moving average is $118.95. The stock has a market capitalization of $10.29 billion, a PE ratio of 14.63 and a beta of 1.06. Universal Health Services, Inc. has a 52 week low of $99.72 and a 52 week high of $129.74.

Universal Health Services (NYSE:UHS) last posted its quarterly earnings results on Tuesday, July 25th. The health services provider reported $1.94 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $2.06 by $0.12. The firm had revenue of $2.61 billion for 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 business’s revenue was up 7.5% on a year-over-year basis. During the same period in the prior year, the company posted $1.94 earnings per share. On average, equities analysts anticipate that Universal Health Services, Inc. will post $7.72 EPS for the current year.

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

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A number of brokerages have recently issued reports on UHS. Zacks Investment Research raised shares of Universal Health Services from a “sell” rating to a “hold” rating in a research report on Tuesday, August 8th. BidaskClub downgraded shares of Universal Health Services from a “hold” rating to a “sell” rating in a research report on Tuesday, August 1st. Piper Jaffray Companies reaffirmed a “buy” rating and issued a $134.00 price objective on shares of Universal Health Services in a research report on Friday, July 28th. Citigroup Inc. cut their price objective on shares of Universal Health Services from $131.00 to $126.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 26th. Finally, Morgan Stanley began coverage on shares of Universal Health Services in a research report on Tuesday, June 6th. They issued an “equal weight” rating and a $124.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and five have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price 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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