Livforsakringsbolaget Skandia Omsesidigt Buys 6,000 Shares of Universal Health Services, Inc. $UHS

Livforsakringsbolaget Skandia Omsesidigt raised its stake in Universal Health Services, Inc. (NYSE:UHS) by 9.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 66,700 shares of the health services provider’s stock after acquiring an additional 6,000 shares during the quarter. Livforsakringsbolaget Skandia Omsesidigt owned approximately 0.11% of Universal Health Services worth $11,925,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Elyxium Wealth LLC purchased a new position in Universal Health Services in the fourth quarter valued at approximately $25,000. Harbor Capital Advisors Inc. purchased a new stake in Universal Health Services in the fourth quarter worth $26,000. Founders Capital Management purchased a new stake in Universal Health Services in the fourth quarter worth $28,000. CYBER HORNET ETFs LLC bought a new stake in shares of Universal Health Services in the second quarter valued at $29,000. Finally, MUFG Securities EMEA plc bought a new stake in shares of Universal Health Services in the second quarter valued at $31,000. 86.05% of the stock is owned by institutional investors.

Universal Health Services Stock Performance

Shares of UHS opened at $144.60 on Wednesday. The stock’s 50-day simple moving average is $153.51 and its 200 day simple moving average is $183.59. The stock has a market capitalization of $8.75 billion, a price-to-earnings ratio of 6.03, a price-to-earnings-growth ratio of 0.82 and a beta of 1.07. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.01 and a current ratio of 1.08. Universal Health Services, Inc. has a 52-week low of $140.08 and a 52-week high of $246.32.

Universal Health Services (NYSE:UHS) last issued its earnings results on Tuesday, April 28th. The health services provider reported $5.62 EPS for the quarter, topping the consensus estimate of $5.41 by $0.21. The business had revenue of $4.50 billion during the quarter, compared to the consensus estimate of $4.39 billion. Universal Health Services had a return on equity of 19.57% and a net margin of 8.56%.The firm’s revenue was up 9.6% compared to the same quarter last year. During the same quarter last year, the company earned $4.84 EPS. Research analysts forecast that Universal Health Services, Inc. will post 23.47 EPS for the current fiscal year.

Universal Health Services Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 8th were given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Monday, June 8th. Universal Health Services’s dividend payout ratio (DPR) is 3.33%.

Wall Street Analysts Forecast Growth

UHS has been the subject of several research reports. JPMorgan Chase & Co. cut their price target on Universal Health Services from $235.00 to $205.00 and set a “neutral” rating for the company in a research note on Wednesday, May 20th. Raymond James Financial cut Universal Health Services from an “outperform” rating to a “market perform” rating in a research note on Wednesday, April 29th. Wall Street Zen lowered shares of Universal Health Services from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Robert W. Baird reduced their target price on shares of Universal Health Services from $241.00 to $204.00 and set a “neutral” rating for the company in a research note on Wednesday, April 29th. Finally, Morgan Stanley lowered their price target on shares of Universal Health Services from $233.00 to $212.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 29th. Five analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $212.94.

Universal Health Services Company Profile

Universal Health Services, Inc (NYSE: UHS) is one of the largest diversified health care management companies in the United States, offering a broad spectrum of services through its acute care hospital and behavioral health segments. The company operates general acute care hospitals, surgical hospitals and ambulatory centers, as well as inpatient and outpatient behavioral health facilities. Its network provides emergency and specialized medicine, diagnostic imaging, laboratory services, advanced surgical care and rehabilitation, complemented by a comprehensive array of behavioral services including psychiatric treatment, addiction programs and developmental disabilities care.

In the acute care segment, UHS’s facilities deliver services ranging from emergency department treatment and intensive care to maternity care and outpatient surgery.