Universal Health Services, Inc. (NYSE:UHS) Shares Acquired by Victory Capital Management Inc.

Victory Capital Management Inc. increased its holdings in shares of Universal Health Services, Inc. (NYSE:UHS) by 174.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 41,623 shares of the health services provider’s stock after acquiring an additional 26,447 shares during the period. Victory Capital Management Inc. owned approximately 0.06% of Universal Health Services worth $9,532,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of UHS. Financial Management Professionals Inc. purchased a new stake in Universal Health Services during the third quarter worth $32,000. Blue Trust Inc. boosted its position in Universal Health Services by 1,284.6% during the second quarter. Blue Trust Inc. now owns 180 shares of the health services provider’s stock worth $33,000 after purchasing an additional 167 shares in the last quarter. Innealta Capital LLC purchased a new stake in Universal Health Services during the second quarter worth $35,000. LRI Investments LLC purchased a new stake in Universal Health Services during the first quarter worth $43,000. Finally, Benjamin F. Edwards & Company Inc. boosted its position in Universal Health Services by 41.8% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 251 shares of the health services provider’s stock worth $46,000 after purchasing an additional 74 shares in the last quarter. Institutional investors and hedge funds own 86.05% of the company’s stock.

Universal Health Services Stock Performance

Shares of NYSE:UHS opened at $197.59 on Friday. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.39 and a quick ratio of 1.28. Universal Health Services, Inc. has a 12 month low of $133.70 and a 12 month high of $243.25. The firm has a market capitalization of $13.04 billion, a PE ratio of 13.14, a P/E/G ratio of 0.63 and a beta of 1.29. The business has a 50-day moving average of $218.71 and a two-hundred day moving average of $205.89.

Universal Health Services (NYSE:UHS) last posted its earnings results on Thursday, October 24th. The health services provider reported $3.71 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.75 by ($0.04). Universal Health Services had a net margin of 6.66% and a return on equity of 15.75%. The company had revenue of $3.96 billion during the quarter, compared to analyst estimates of $3.90 billion. During the same quarter last year, the business posted $2.55 EPS. Universal Health Services’s quarterly revenue was up 11.3% compared to the same quarter last year. As a group, research analysts forecast that Universal Health Services, Inc. will post 15.93 earnings per share for the current year.

Universal Health Services Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 17th. Stockholders of record on Tuesday, December 3rd will be paid a $0.20 dividend. The ex-dividend date of this dividend is Tuesday, December 3rd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.40%. Universal Health Services’s dividend payout ratio (DPR) is currently 5.32%.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on UHS shares. KeyCorp started coverage on Universal Health Services in a research report on Friday, October 11th. They issued a “sector weight” rating on the stock. Stephens restated an “equal weight” rating and issued a $200.00 price objective on shares of Universal Health Services in a research report on Thursday, July 25th. Robert W. Baird upped their price objective on Universal Health Services from $236.00 to $274.00 and gave the company an “outperform” rating in a research report on Wednesday, September 4th. Wells Fargo & Company upped their price objective on Universal Health Services from $275.00 to $285.00 and gave the company an “overweight” rating in a research report on Wednesday, November 6th. Finally, TD Cowen reduced their price objective on Universal Health Services from $283.00 to $275.00 and set a “buy” rating on the stock in a research report on Monday, October 28th. Six research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $231.14.

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.