Universal Health Services, Inc. (UHS) to Distribute Quarterly Dividend of $0.20 on September 15th

Universal Health Services, Inc. (NYSE:UHS) announced a quarterly dividend on Wednesday, July 15th. Shareholders of record on Tuesday, September 1st will be given a dividend of 0.20 per share by the health services provider on Tuesday, September 15th. This represents a c) annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Tuesday, September 1st.

Universal Health Services has increased its dividend payment by an average of 0.3%per year over the last three years. Universal Health Services has a dividend payout ratio of 3.7% indicating that its dividend is sufficiently covered by earnings. Analysts expect Universal Health Services to earn $24.42 per share next year, which means the company should continue to be able to cover its $0.80 annual dividend with an expected future payout ratio of 3.3%.

Universal Health Services Price Performance

Shares of UHS stock opened at $171.87 on Friday. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.12 and a quick ratio of 1.04. The company has a market capitalization of $10.13 billion, a P/E ratio of 7.00, a P/E/G ratio of 0.92 and a beta of 1.05. The company’s 50-day simple moving average is $161.13 and its two-hundred day simple moving average is $173.68. Universal Health Services has a one year low of $140.08 and a one year high of $246.32.

Universal Health Services (NYSE:UHS) last announced its quarterly earnings results on Tuesday, July 28th. The health services provider reported $5.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.94 by $0.04. The firm had revenue of $4.64 billion during the quarter, compared to analyst estimates of $4.58 billion. Universal Health Services had a return on equity of 19.39% and a net margin of 8.42%.Universal Health Services’s quarterly revenue was up 8.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $5.35 earnings per share. As a group, equities analysts anticipate that Universal Health Services will post 23.01 EPS for the current year.

Hedge Funds Weigh In On Universal Health Services

A number of large investors have recently added to or reduced their stakes in UHS. Blair William & Co. IL boosted its holdings in Universal Health Services by 4.1% in the 4th quarter. Blair William & Co. IL now owns 1,390 shares of the health services provider’s stock valued at $303,000 after purchasing an additional 55 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Universal Health Services by 3.3% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 1,794 shares of the health services provider’s stock worth $367,000 after buying an additional 58 shares during the last quarter. Triad Wealth Partners LLC raised its position in shares of Universal Health Services by 3.4% during the 1st quarter. Triad Wealth Partners LLC now owns 1,858 shares of the health services provider’s stock valued at $333,000 after buying an additional 61 shares during the period. Nomura Asset Management Co. Ltd. raised its position in shares of Universal Health Services by 0.3% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 20,595 shares of the health services provider’s stock valued at $4,490,000 after buying an additional 65 shares during the period. Finally, IFM Investors Pty Ltd lifted its holdings in Universal Health Services by 0.6% in the fourth quarter. IFM Investors Pty Ltd now owns 11,781 shares of the health services provider’s stock valued at $2,568,000 after acquiring an additional 65 shares during the last quarter. 86.05% of the stock is currently owned by institutional investors.

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.