Janiczek Wealth Management LLC Raises Holdings in Universal Health Services, Inc. (NYSE:UHS)

Janiczek Wealth Management LLC raised its position in shares of Universal Health Services, Inc. (NYSE:UHS) by 11.4% in the first quarter, Holdings Channel.com reports. The fund owned 624 shares of the health services provider’s stock after buying an additional 64 shares during the quarter. Janiczek Wealth Management LLC’s holdings in Universal Health Services were worth $114,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Todd Asset Management LLC lifted its position in Universal Health Services by 17.9% during the fourth quarter. Todd Asset Management LLC now owns 159,605 shares of the health services provider’s stock valued at $24,330,000 after buying an additional 24,279 shares in the last quarter. 8 Knots Management LLC acquired a new stake in Universal Health Services in the fourth quarter valued at approximately $40,010,000. Russell Investments Group Ltd. grew its holdings in Universal Health Services by 14.2% during the 4th quarter. Russell Investments Group Ltd. now owns 74,240 shares of the health services provider’s stock valued at $11,317,000 after purchasing an additional 9,221 shares in the last quarter. Point72 Asset Management L.P. increased its stake in Universal Health Services by 12,924.9% during the 4th quarter. Point72 Asset Management L.P. now owns 503,935 shares of the health services provider’s stock worth $76,820,000 after buying an additional 500,066 shares during the period. Finally, JPMorgan Chase & Co. lifted its holdings in Universal Health Services by 3.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,090,010 shares of the health services provider’s stock worth $137,047,000 after buying an additional 37,243 shares in the last quarter. 86.05% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. StockNews.com raised Universal Health Services from a “buy” rating to a “strong-buy” rating in a research report on Friday, June 7th. Mizuho raised their price target on shares of Universal Health Services from $175.00 to $200.00 and gave the stock a “buy” rating in a research report on Wednesday, March 6th. TD Cowen upped their price target on shares of Universal Health Services from $181.00 to $183.00 and gave the company a “hold” rating in a report on Tuesday, April 30th. Barclays raised their price objective on shares of Universal Health Services from $181.00 to $189.00 and gave the stock an “equal weight” rating in a report on Friday, April 26th. Finally, Citigroup boosted their price objective on Universal Health Services from $170.00 to $193.00 and gave the company a “buy” rating in a report on Thursday, February 29th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, seven have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $193.14.

Universal Health Services Price Performance

Shares of NYSE UHS traded down $0.10 during mid-day trading on Thursday, reaching $189.57. The company had a trading volume of 110,684 shares, compared to its average volume of 605,345. The company has a 50-day moving average price of $178.70 and a two-hundred day moving average price of $168.71. The stock has a market cap of $12.69 billion, a PE ratio of 16.09, a P/E/G ratio of 0.92 and a beta of 1.29. The company has a current ratio of 1.38, a quick ratio of 1.28 and a debt-to-equity ratio of 0.75. Universal Health Services, Inc. has a 1-year low of $119.90 and a 1-year high of $193.48.

Universal Health Services (NYSE:UHS) last posted its quarterly earnings data on Wednesday, April 24th. The health services provider reported $3.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.14 by $0.56. Universal Health Services had a return on equity of 13.34% and a net margin of 5.57%. The firm had revenue of $3.84 billion for the quarter, compared to the consensus estimate of $3.78 billion. During the same quarter in the previous year, the company earned $2.34 EPS. The business’s revenue for the quarter was up 10.8% compared to the same quarter last year. On average, equities analysts anticipate that Universal Health Services, Inc. will post 13.76 earnings per share for the current year.

Universal Health Services Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 17th. Stockholders of record on Monday, June 3rd were issued a dividend of $0.20 per share. The ex-dividend date was Monday, June 3rd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.42%. Universal Health Services’s dividend payout ratio is 6.78%.

Universal Health Services Profile

Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities. It operates through Acute Care Hospital Services and Behavioral Health Care Services segments. The company's hospitals offer general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic and coronary care, pediatric services, pharmacy services, and/or behavioral health services.