Inceptionr LLC Increases Holdings in Universal Health Services, Inc. $UHS

Inceptionr LLC increased its stake in Universal Health Services, Inc. (NYSE:UHS) by 457.3% during the first quarter, Holdings Channel.com reports. The institutional investor owned 7,975 shares of the health services provider’s stock after buying an additional 6,544 shares during the period. Inceptionr LLC’s holdings in Universal Health Services were worth $1,427,000 as of its most recent filing with the SEC.

Other institutional investors also recently added to or reduced their stakes in the company. Norges Bank bought a new stake in Universal Health Services in the fourth quarter worth about $199,334,000. Pzena Investment Management LLC raised its holdings in shares of Universal Health Services by 31.5% in the 4th quarter. Pzena Investment Management LLC now owns 2,112,604 shares of the health services provider’s stock worth $460,590,000 after purchasing an additional 505,575 shares during the period. Nomura Holdings Inc. lifted its stake in Universal Health Services by 100.6% in the second quarter. Nomura Holdings Inc. now owns 2,560 shares of the health services provider’s stock valued at $464,000 after purchasing an additional 426,211 shares during the last quarter. Morgan Stanley lifted its stake in Universal Health Services by 59.5% in the fourth quarter. Morgan Stanley now owns 871,377 shares of the health services provider’s stock valued at $189,978,000 after purchasing an additional 325,162 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in Universal Health Services by 12.1% in the first quarter. Dimensional Fund Advisors LP now owns 1,781,262 shares of the health services provider’s stock valued at $318,812,000 after purchasing an additional 192,351 shares during the last quarter. Institutional investors own 86.05% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft dropped their price target on Universal Health Services from $261.00 to $230.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. Morgan Stanley lowered their price objective on Universal Health Services from $233.00 to $212.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 29th. Cantor Fitzgerald dropped their price objective on shares of Universal Health Services from $229.00 to $194.00 and set a “neutral” rating on the stock in a report on Wednesday, April 29th. 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, 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. Five research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to MarketBeat, Universal Health Services currently has a consensus rating of “Hold” and a consensus target price of $213.73.

Universal Health Services Trading Up 1.3%

Shares of UHS opened at $151.31 on Friday. Universal Health Services, Inc. has a 1-year low of $140.08 and a 1-year high of $246.32. The company has a market capitalization of $9.16 billion, a P/E ratio of 6.30, a P/E/G ratio of 0.80 and a beta of 1.07. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.08 and a quick ratio of 1.01. The firm’s 50 day simple moving average is $150.83 and its 200 day simple moving average is $180.02.

Universal Health Services (NYSE:UHS) last released its quarterly earnings results on Tuesday, April 28th. The health services provider reported $5.62 earnings per share for the quarter, beating analysts’ consensus estimates of $5.41 by $0.21. The business had revenue of $4.50 billion for 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 company’s revenue for the quarter was up 9.6% on a year-over-year basis. During the same quarter last year, the business posted $4.84 earnings per share. Sell-side analysts forecast that Universal Health Services, Inc. will post 23.44 earnings per share for the current fiscal year.

Universal Health Services Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be given a dividend of $0.20 per share. The ex-dividend date is Tuesday, September 1st. This represents a $0.80 annualized dividend and a dividend yield of 0.5%. Universal Health Services’s payout ratio is currently 3.33%.

About Universal Health Services

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.