Ameriprise Financial Inc. Boosts Stake in Universal Health Services, Inc. (UHS)

Ameriprise Financial Inc. increased its position in Universal Health Services, Inc. (NYSE:UHS) by 3.5% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 90,551 shares of the health services provider’s stock after purchasing an additional 3,062 shares during the period. Ameriprise Financial Inc. owned 0.09% of Universal Health Services worth $11,046,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the company. National Planning Corp lifted its holdings in shares of Universal Health Services by 0.3% in the 2nd quarter. National Planning Corp now owns 1,712 shares of the health services provider’s stock valued at $208,000 after purchasing an additional 5 shares during the last quarter. Cadence Capital Management LLC lifted its holdings in shares of Universal Health Services by 0.5% in the 2nd quarter. Cadence Capital Management LLC now owns 3,256 shares of the health services provider’s stock valued at $397,000 after purchasing an additional 17 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in shares of Universal Health Services by 0.3% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 6,643 shares of the health services provider’s stock valued at $811,000 after purchasing an additional 18 shares during the last quarter. Stratos Wealth Partners LTD. lifted its holdings in shares of Universal Health Services by 1.3% in the 2nd quarter. Stratos Wealth Partners LTD. now owns 1,644 shares of the health services provider’s stock valued at $201,000 after purchasing an additional 21 shares during the last quarter. Finally, ING Groep NV lifted its holdings in shares of Universal Health Services by 0.3% in the 2nd quarter. ING Groep NV now owns 6,901 shares of the health services provider’s stock valued at $842,000 after purchasing an additional 23 shares during the last quarter. 85.10% of the stock is owned by institutional investors and hedge funds.

Shares of Universal Health Services, Inc. (NYSE:UHS) opened at 106.58 on Wednesday. Universal Health Services, Inc. has a 1-year low of $99.72 and a 1-year high of $129.74. The firm’s 50-day moving average price is $109.54 and its 200 day moving average price is $115.87. The stock has a market capitalization of $10.20 billion, a P/E ratio of 14.49 and a beta of 1.03.

Universal Health Services (NYSE:UHS) last issued its earnings results on Tuesday, July 25th. The health services provider reported $1.94 EPS for the quarter, missing the Zacks’ consensus estimate of $2.06 by ($0.12). Universal Health Services had a net margin of 7.10% and a return on equity of 15.49%. The company had revenue of $2.61 billion during the quarter, compared to analyst estimates of $2.64 billion. During the same quarter in the previous year, the firm earned $1.94 earnings per share. The business’s revenue was up 7.5% on a year-over-year basis. Analysts expect that Universal Health Services, Inc. will post $7.71 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, September 15th. Shareholders of record on Friday, September 1st were paid a $0.10 dividend. The ex-dividend date was Wednesday, August 30th. This represents a $0.40 dividend on an annualized basis and a yield of 0.38%. Universal Health Services’s payout ratio is currently 5.44%.

Several research firms have commented on UHS. BidaskClub raised Universal Health Services from a “strong sell” rating to a “sell” rating in a research note on Thursday, June 29th. Zacks Investment Research raised Universal Health Services from a “hold” rating to a “buy” rating and set a $137.00 price objective for the company in a research note on Tuesday, July 4th. Citigroup Inc. reduced their price objective on Universal Health Services from $131.00 to $126.00 and set a “neutral” rating for the company in a research note on Wednesday, July 26th. Piper Jaffray Companies reaffirmed a “buy” rating and set a $134.00 price objective on shares of Universal Health Services in a research note on Friday, July 28th. Finally, Morgan Stanley reduced their price objective on Universal Health Services from $120.00 to $114.00 and set an “equal weight” rating for the company in a research note on Thursday, August 17th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold r

Several other institutional investors have also recently bought and sold shares of the company. National Planning Corp lifted its holdings in shares of Universal Health Services by 0.3% in the 2nd quarter. National Planning Corp now owns 1,712 shares of the health services provider’s stock valued at $208,000 after purchasing an additional 5 shares during the last quarter. Cadence Capital Management LLC lifted its holdings in shares of Universal Health Services by 0.5% in the 2nd quarter. Cadence Capital Management LLC now owns 3,256 shares of the health services provider’s stock valued at $397,000 after purchasing an additional 17 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in shares of Universal Health Services by 0.3% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 6,643 shares of the health services provider’s stock valued at $811,000 after purchasing an additional 18 shares during the last quarter. Stratos Wealth Partners LTD. lifted its holdings in shares of Universal Health Services by 1.3% in the 2nd quarter. Stratos Wealth Partners LTD. now owns 1,644 shares of the health services provider’s stock valued at $201,000 after purchasing an additional 21 shares during the last quarter. Finally, ING Groep NV lifted its holdings in shares of Universal Health Services by 0.3% in the 2nd quarter. ING Groep NV now owns 6,901 shares of the health services provider’s stock valued at $842,000 after purchasing an additional 23 shares during the last quarter. 85.10% of the stock is owned by institutional investors and hedge funds.

Shares of Universal Health Services, Inc. (NYSE:UHS) opened at 106.58 on Wednesday. Universal Health Services, Inc. has a 1-year low of $99.72 and a 1-year high of $129.74. The firm’s 50-day moving average price is $109.54 and its 200 day moving average price is $115.87. The stock has a market capitalization of $10.20 billion, a P/E ratio of 14.49 and a beta of 1.03.

Universal Health Services (NYSE:UHS) last issued its earnings results on Tuesday, July 25th. The health services provider reported $1.94 EPS for the quarter, missing the Zacks’ consensus estimate of $2.06 by ($0.12). Universal Health Services had a net margin of 7.10% and a return on equity of 15.49%. The company had revenue of $2.61 billion during the quarter, compared to analyst estimates of $2.64 billion. During the same quarter in the previous year, the firm earned $1.94 earnings per share. The business’s revenue was up 7.5% on a year-over-year basis. Analysts expect that Universal Health Services, Inc. will post $7.71 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, September 15th. Shareholders of record on Friday, September 1st were paid a $0.10 dividend. The ex-dividend date was Wednesday, August 30th. This represents a $0.40 dividend on an annualized basis and a yield of 0.38%. Universal Health Services’s payout ratio is currently 5.44%.

Several research firms have commented on UHS. BidaskClub raised Universal Health Services from a “strong sell” rating to a “sell” rating in a research note on Thursday, June 29th. Zacks Investment Research raised Universal Health Services from a “hold” rating to a “buy” rating and set a $137.00 price objective for the company in a research note on Tuesday, July 4th. Citigroup Inc. reduced their price objective on Universal Health Services from $131.00 to $126.00 and set a “neutral” rating for the company in a research note on Wednesday, July 26th. Piper Jaffray Companies reaffirmed a “buy” rating and set a $134.00 price objective on shares of Universal Health Services in a research note on Friday, July 28th. Finally, Morgan Stanley reduced their price objective on Universal Health Services from $120.00 to $114.00 and set an “equal weight” rating for the company in a research note on Thursday, August 17th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have issued a buy rating to the company. Universal Health Services presently has a consensus rating of “Hold” and a consensus price target of $134.33.

ILLEGAL ACTIVITY NOTICE: “Ameriprise Financial Inc. Boosts Stake in Universal Health Services, Inc. (UHS)” was published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this piece of content on another domain, it was illegally stolen and reposted in violation of U.S. and international copyright laws. The original version of this piece of content can be viewed at https://ledgergazette.com/2017/10/11/ameriprise-financial-inc-boosts-stake-in-universal-health-services-inc-uhs.html.

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.

Institutional Ownership by Quarter for Universal Health Services (NYSE:UHS)

Receive News & Ratings for Universal Health Services Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Universal Health Services Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply