Victory Capital Management Inc. lifted its stake in shares of Universal Health Services, Inc. (NYSE:UHS) by 16.2% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 11,327 shares of the health services provider’s stock after buying an additional 1,581 shares during the quarter. Victory Capital Management Inc.’s holdings in Universal Health Services were worth $1,383,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. National Planning Corp lifted its stake in shares of Universal Health Services by 0.3% during the 2nd quarter. National Planning Corp now owns 1,712 shares of the health services provider’s stock worth $208,000 after buying an additional 5 shares during the last quarter. Cadence Capital Management LLC lifted its stake in shares of Universal Health Services by 0.5% during the 2nd quarter. Cadence Capital Management LLC now owns 3,256 shares of the health services provider’s stock worth $397,000 after buying an additional 17 shares during the last quarter. Cleararc Capital Inc. lifted its stake in shares of Universal Health Services by 1.0% during the 1st quarter. Cleararc Capital Inc. now owns 2,033 shares of the health services provider’s stock worth $253,000 after buying an additional 20 shares during the last quarter. Stratos Wealth Partners LTD. lifted its stake in shares of Universal Health Services by 1.3% during the 2nd quarter. Stratos Wealth Partners LTD. now owns 1,644 shares of the health services provider’s stock worth $201,000 after buying an additional 21 shares during the last quarter. Finally, ING Groep NV lifted its stake in shares of Universal Health Services by 0.3% during the 2nd quarter. ING Groep NV now owns 6,901 shares of the health services provider’s stock worth $842,000 after buying an additional 23 shares during the last quarter. Institutional investors own 85.27% of the company’s stock.

Shares of Universal Health Services, Inc. (UHS) opened at 111.56 on Thursday. The firm’s 50-day moving average is $109.19 and its 200-day moving average is $117.67. The company has a market capitalization of $10.67 billion, a price-to-earnings ratio of 15.17 and a beta of 1.07. Universal Health Services, Inc. has a 12-month low of $99.72 and a 12-month high of $129.74.

Universal Health Services (NYSE:UHS) last announced its earnings results on Tuesday, July 25th. The health services provider reported $1.94 earnings per share for the quarter, missing analysts’ consensus estimates of $2.06 by ($0.12). The company had revenue of $2.61 billion during the quarter, compared to analysts’ expectations of $2.64 billion. Universal Health Services had a net margin of 7.10% and a return on equity of 15.49%. The company’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same period in the prior year, the business earned $1.94 earnings per share. On average, equities analysts predict that Universal Health Services, Inc. will post $7.73 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Friday, September 1st will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.36%. The ex-dividend date of this dividend is Wednesday, August 30th. Universal Health Services’s dividend payout ratio is currently 5.44%.

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Several analysts have weighed in on the stock. Zacks Investment Research cut shares of Universal Health Services from a “hold” rating to a “sell” rating in a research note on Wednesday, June 28th. BidaskClub cut shares of Universal Health Services from a “sell” rating to a “strong sell” rating in a research note on Friday, June 9th. Morgan Stanley assumed 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 price objective for the company. TheStreet cut shares of Universal Health Services from a “b” rating to a “c+” rating in a research note on Monday, August 21st. Finally, KeyCorp restated a “buy” rating and issued a $127.00 target price on shares of Universal Health Services in a research report on Thursday, September 7th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and six have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $134.55.

Universal Health Services 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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