Migdal Insurance & Financial Holdings Ltd. raised its holdings in shares of Universal Health Services, Inc. (NYSE:UHS) by 491.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,721 shares of the health services provider’s stock after acquiring an additional 5,585 shares during the period. Migdal Insurance & Financial Holdings Ltd.’s holdings in Universal Health Services were worth $427,000 as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in UHS. Creative Planning raised its stake in Universal Health Services by 2.4% during the 2nd quarter. Creative Planning now owns 1,152 shares of the health services provider’s stock valued at $141,000 after acquiring an additional 27 shares in the last quarter. Grove Bank & Trust raised its stake in Universal Health Services by 262.4% during the 2nd quarter. Grove Bank & Trust now owns 1,196 shares of the health services provider’s stock valued at $146,000 after acquiring an additional 866 shares in the last quarter. First Mercantile Trust Co. bought a new stake in Universal Health Services during the 2nd quarter valued at $150,000. Seven Bridges Advisors LLC bought a new stake in Universal Health Services during the 2nd quarter valued at $158,000. Finally, Stratos Wealth Partners LTD. raised its stake in Universal Health Services by 1.3% during the 2nd quarter. Stratos Wealth Partners LTD. now owns 1,644 shares of the health services provider’s stock valued at $201,000 after acquiring an additional 21 shares in the last quarter. 85.33% of the stock is currently owned by hedge funds and other institutional investors.
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Shares of Universal Health Services, Inc. (UHS) traded down $2.08 during midday trading on Friday, hitting $97.71. The company had a trading volume of 1,507,900 shares, compared to its average volume of 1,101,882. The company has a quick ratio of 1.16, a current ratio of 1.26 and a debt-to-equity ratio of 0.80. The firm has a market cap of $9,346.45, a PE ratio of 13.06, a price-to-earnings-growth ratio of 2.22 and a beta of 0.95. Universal Health Services, Inc. has a twelve month low of $96.84 and a twelve month high of $129.74.
Universal Health Services (NYSE:UHS) last issued its earnings results on Wednesday, October 25th. The health services provider reported $1.49 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.76 by ($0.27). The company had revenue of $2.51 billion during the quarter, compared to analyst estimates of $2.60 billion. Universal Health Services had a return on equity of 15.13% and a net margin of 6.90%. The business’s revenue was up 4.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.60 earnings per share. sell-side analysts expect that Universal Health Services, Inc. will post 7.36 EPS for the current year.
Several analysts have weighed in on UHS shares. Citigroup Inc. cut their target price on Universal Health Services from $131.00 to $126.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 26th. Piper Jaffray Companies reaffirmed a “buy” rating and set a $134.00 target price on shares of Universal Health Services in a research note on Friday, July 28th. Zacks Investment Research downgraded Universal Health Services from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. BidaskClub downgraded Universal Health Services from a “hold” rating to a “sell” rating in a research note on Tuesday, August 1st. Finally, Morgan Stanley cut their target price on Universal Health Services from $120.00 to $114.00 and set an “equal weight” rating on the stock in a research note on Thursday, August 17th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and ten have assigned a buy rating to the stock. Universal Health Services has an average rating of “Hold” and an average price target of $127.79.
Universal Health Services Profile
Universal Health Services, Inc is a holding company. The Company’s principal business is owning and operating, through its subsidiaries, acute care hospitals and outpatient facilities, and behavioral healthcare facilities. The Company’s segments include Acute Care Hospital Services, Behavioral Health Services and Other.
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