State Street Corp Has $623.84 Million Stock Position in Universal Health Services, Inc. (NYSE:UHS)

State Street Corp boosted its holdings in shares of Universal Health Services, Inc. (NYSE:UHS) by 0.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,724,075 shares of the health services provider’s stock after buying an additional 17,527 shares during the period. State Street Corp owned approximately 4.08% of Universal Health Services worth $623,840,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Financial Management Professionals Inc. acquired a new position in Universal Health Services during the third quarter valued at $32,000. Blue Trust Inc. raised 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 valued at $33,000 after buying an additional 167 shares during the period. Innealta Capital LLC acquired a new position in Universal Health Services during the second quarter valued at $35,000. True Wealth Design LLC acquired a new position in Universal Health Services during the third quarter valued at $39,000. Finally, Huntington National Bank raised its position in Universal Health Services by 414.3% during the third quarter. Huntington National Bank now owns 180 shares of the health services provider’s stock valued at $41,000 after buying an additional 145 shares during the period. 86.05% of the stock is owned by institutional investors and hedge funds.

Universal Health Services Price Performance

NYSE UHS opened at $194.22 on Monday. Universal Health Services, Inc. has a twelve month low of $133.70 and a twelve month high of $243.25. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.28 and a current ratio of 1.39. The stock has a market capitalization of $12.81 billion, a PE ratio of 12.91, a P/E/G ratio of 0.62 and a beta of 1.28. The stock has a 50-day simple moving average of $210.73 and a 200 day simple moving average of $208.11.

Universal Health Services (NYSE:UHS) last posted its quarterly earnings results on Thursday, October 24th. The health services provider reported $3.71 EPS for the quarter, missing the consensus estimate of $3.75 by ($0.04). The firm had revenue of $3.96 billion during the quarter, compared to analyst estimates of $3.90 billion. Universal Health Services had a net margin of 6.66% and a return on equity of 15.75%. The company’s revenue was up 11.3% on a year-over-year basis. During the same period last year, the company earned $2.55 EPS. Research analysts anticipate that Universal Health Services, Inc. will post 15.88 EPS for the current year.

Universal Health Services Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 17th. Shareholders of record on Tuesday, December 3rd will be issued a $0.20 dividend. The ex-dividend date of this dividend is Tuesday, December 3rd. This represents a $0.80 annualized dividend and a yield of 0.41%. Universal Health Services’s dividend payout ratio (DPR) is 5.32%.

Analysts Set New Price Targets

Several research firms recently weighed in on UHS. UBS Group upped their price target on Universal Health Services from $247.00 to $267.00 and gave the company a “buy” rating in a research report on Wednesday, August 14th. Cantor Fitzgerald restated a “neutral” rating and issued a $219.00 target price on shares of Universal Health Services in a research note on Friday, October 25th. Robert W. Baird boosted their target price on Universal Health Services from $236.00 to $274.00 and gave the company an “outperform” rating in a research note on Wednesday, September 4th. Barclays boosted their target price on Universal Health Services from $256.00 to $271.00 and gave the company an “overweight” rating in a research note on Friday, October 25th. Finally, Wells Fargo & Company lowered their target price on Universal Health Services from $285.00 to $230.00 and set an “overweight” rating on the stock in a research note on Monday, November 25th. Six investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $225.50.

Universal Health Services Company 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.