Trading Report: The Universal Health Services Inc. (UHS) Position Maintained by Whittier Trust Co. of Nevada Inc.

The Universal Health Services Inc. (UHS) Position Maintained by Whittier Trust Co. of Nevada Inc.

Whittier Trust Co. of Nevada Inc. maintained its stake in Universal Health Services Inc. (NYSE:UHS) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,200 shares of the company’s stock at the end of the second quarter. Whittier Trust Co. of Nevada Inc.’s holdings in Universal Health Services were worth $831,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. BlackRock Institutional Trust Company N.A. raised its stake in shares of Universal Health Services by 2.0% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 2,373,767 shares of the company’s stock valued at $296,056,000 after buying an additional 45,981 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of Universal Health Services by 12.3% in the first quarter. JPMorgan Chase & Co. now owns 1,528,771 shares of the company’s stock valued at $190,667,000 after buying an additional 167,430 shares during the last quarter. TimesSquare Capital Management LLC raised its stake in shares of Universal Health Services by 5.2% in the first quarter. TimesSquare Capital Management LLC now owns 763,400 shares of the company’s stock valued at $95,211,000 after buying an additional 37,800 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Universal Health Services by 2.0% in the first quarter. Geode Capital Management LLC now owns 762,691 shares of the company’s stock valued at $94,938,000 after buying an additional 15,270 shares during the last quarter. Finally, Bessemer Group Inc. raised its stake in shares of Universal Health Services by 4.0% in the first quarter. Bessemer Group Inc. now owns 695,070 shares of the company’s stock valued at $86,689,000 after buying an additional 26,737 shares during the last quarter. 85.09% of the stock is currently owned by hedge funds and other institutional investors.

Universal Health Services Inc. (NYSE:UHS) traded up 0.14% during midday trading on Friday, reaching $120.16. The company’s stock had a trading volume of 797,061 shares. The firm has a market cap of $11.70 billion, a price-to-earnings ratio of 17.11 and a beta of 1.20. The company has a 50 day moving average price of $121.41 and a 200 day moving average price of $128.53. Universal Health Services Inc. has a 1-year low of $100.82 and a 1-year high of $139.77.

Universal Health Services (NYSE:UHS) last issued its earnings results on Tuesday, July 26th. The company reported $1.94 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.94. The business earned $2.43 billion during the quarter, compared to the consensus estimate of $2.47 billion. Universal Health Services had a return on equity of 16.56% and a net margin of 7.43%. The company’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same period in the prior year, the business posted $1.85 EPS. On average, equities research analysts expect that Universal Health Services Inc. will post $7.51 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 15th. Stockholders of record on Thursday, September 1st were paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.33%. The ex-dividend date of this dividend was Tuesday, August 30th. Universal Health Services’s dividend payout ratio (DPR) is 5.68%.

Several brokerages have commented on UHS. Leerink Swann reissued a “buy” rating and issued a $150.00 price objective on shares of Universal Health Services in a report on Friday, July 29th. JPMorgan Chase & Co. lifted their price target on Universal Health Services from $138.00 to $150.00 and gave the stock an “overweight” rating in a research note on Friday, July 29th. Barclays PLC lowered their price target on Universal Health Services from $150.00 to $147.00 and set an “equal weight” rating on the stock in a research note on Thursday, July 28th. Zacks Investment Research raised Universal Health Services from a “hold” rating to a “buy” rating and set a $151.00 price target on the stock in a research note on Monday, July 18th. Finally, Ladenburg Thalmann raised Universal Health Services from a “not rated” rating to an “outperform” rating in a research note on Monday, June 13th. Six equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Universal Health Services presently has an average rating of “Buy” and an average target price of $143.25.

Universal Health Services Company Profile

Universal Health Services, Inc is a holding company. The Company, through its subsidiaries, is engaged in owning and operating acute care hospitals, behavioral health centers, surgical hospitals, ambulatory surgery centers and radiation oncology centers. Its segment is acute care hospital services and behavioral healthcare services.

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