Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Universal Health Services, Inc. Class B (NYSE:UHS) by 188.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 77,776 shares of the health services provider’s stock after buying an additional 50,809 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank owned about 0.08% of Universal Health Services, Inc. Class B worth $8,667,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. BlackRock Inc. lifted its holdings in shares of Universal Health Services, Inc. Class B by 2.0% during the first quarter. BlackRock Inc. now owns 6,465,466 shares of the health services provider’s stock worth $765,575,000 after buying an additional 127,106 shares during the last quarter. Wedge Capital Management L L P NC lifted its holdings in shares of Universal Health Services, Inc. Class B by 4.5% during the first quarter. Wedge Capital Management L L P NC now owns 1,927,332 shares of the health services provider’s stock worth $228,215,000 after buying an additional 83,298 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Universal Health Services, Inc. Class B by 1.2% during the first quarter. Dimensional Fund Advisors LP now owns 1,227,819 shares of the health services provider’s stock worth $145,386,000 after buying an additional 14,756 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in shares of Universal Health Services, Inc. Class B by 3.4% during the second quarter. Wells Fargo & Company MN now owns 1,202,715 shares of the health services provider’s stock worth $134,031,000 after buying an additional 39,531 shares during the last quarter. Finally, UBS Group AG lifted its holdings in shares of Universal Health Services, Inc. Class B by 22.5% during the first quarter. UBS Group AG now owns 1,174,302 shares of the health services provider’s stock worth $139,049,000 after buying an additional 215,897 shares during the last quarter. Institutional investors own 85.12% of the company’s stock.

Shares of NYSE UHS opened at $125.11 on Wednesday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.30 and a quick ratio of 1.20. The firm has a market capitalization of $11.74 billion, a P/E ratio of 16.61, a PEG ratio of 1.18 and a beta of 0.86. Universal Health Services, Inc. Class B has a one year low of $95.26 and a one year high of $128.15.

Universal Health Services, Inc. Class B (NYSE:UHS) last released its quarterly earnings data on Wednesday, July 25th. The health services provider reported $2.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.39 by $0.08. Universal Health Services, Inc. Class B had a return on equity of 15.74% and a net margin of 7.68%. The firm had revenue of $2.68 billion during the quarter, compared to analyst estimates of $2.72 billion. During the same period in the prior year, the company posted $1.94 earnings per share. The business’s revenue for the quarter was up 2.6% compared to the same quarter last year. equities analysts anticipate that Universal Health Services, Inc. Class B will post 9.5 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 17th. Shareholders of record on Tuesday, September 4th will be paid a dividend of $0.10 per share. The ex-dividend date is Friday, August 31st. This represents a $0.40 annualized dividend and a yield of 0.32%. Universal Health Services, Inc. Class B’s dividend payout ratio is currently 5.31%.

UHS has been the subject of a number of recent research reports. Zacks Investment Research lowered Universal Health Services, Inc. Class B from a “buy” rating to a “hold” rating in a research note on Friday, April 27th. TheStreet lowered Universal Health Services, Inc. Class B from a “b” rating to a “c+” rating in a research note on Friday, June 8th. Morgan Stanley upped their target price on Universal Health Services, Inc. Class B from $120.00 to $122.00 and gave the company an “equal weight” rating in a research note on Friday, July 27th. Goldman Sachs Group lowered Universal Health Services, Inc. Class B from a “buy” rating to a “neutral” rating and set a $120.00 target price for the company. in a research note on Wednesday, July 18th. Finally, ValuEngine lowered Universal Health Services, Inc. Class B from a “hold” rating to a “sell” rating in a research note on Friday, June 15th. Eight investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $132.56.

Universal Health Services, Inc. Class B Company Profile

Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, outpatient facilities, and behavioral health care facilities. The company operates through Acute Care Hospital Services, Behavioral Health Care Services, and Other segments. Its hospital offer general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, coronary care, pediatric services, pharmacy services, and/or behavioral health services.

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Institutional Ownership by Quarter for Universal Health Services, Inc. Class B (NYSE:UHS)

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