Swiss National Bank reduced its position in Universal Health Services, Inc. (NYSE:UHS) by 3.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 330,800 shares of the health services provider’s stock after selling 13,300 shares during the period. Swiss National Bank’s holdings in Universal Health Services were worth $43,133,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of UHS. Comerica Bank raised its position in Universal Health Services by 9.8% during the second quarter. Comerica Bank now owns 117,690 shares of the health services provider’s stock worth $15,639,000 after acquiring an additional 10,478 shares during the period. Sigma Planning Corp acquired a new position in Universal Health Services during the second quarter worth $234,000. DekaBank Deutsche Girozentrale raised its position in Universal Health Services by 131.6% during the second quarter. DekaBank Deutsche Girozentrale now owns 124,557 shares of the health services provider’s stock worth $16,019,000 after acquiring an additional 70,779 shares during the period. Advisory Services Network LLC raised its position in Universal Health Services by 23.7% during the second quarter. Advisory Services Network LLC now owns 2,818 shares of the health services provider’s stock worth $367,000 after acquiring an additional 540 shares during the period. Finally, Coastal Investment Advisors Inc. acquired a new position in Universal Health Services during the second quarter worth $56,000. Hedge funds and other institutional investors own 85.17% of the company’s stock.

Shares of Universal Health Services stock traded up $0.62 during trading hours on Wednesday, reaching $146.26. 2,601 shares of the company’s stock were exchanged, compared to its average volume of 800,892. Universal Health Services, Inc. has a 1 year low of $112.79 and a 1 year high of $157.79. The company has a market capitalization of $13.04 billion, a P/E ratio of 15.33, a price-to-earnings-growth ratio of 1.79 and a beta of 1.09. The business has a fifty day moving average of $140.43 and a two-hundred day moving average of $132.00. The company has a quick ratio of 1.17, a current ratio of 1.27 and a debt-to-equity ratio of 0.79.

Universal Health Services (NYSE:UHS) last announced its quarterly earnings data on Thursday, July 25th. The health services provider reported $2.76 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $2.49 by $0.27. Universal Health Services had a net margin of 7.25% and a return on equity of 16.41%. The firm had revenue of $2.86 billion during the quarter, compared to analyst estimates of $2.81 billion. During the same quarter in the prior year, the firm posted $2.47 earnings per share. Universal Health Services’s quarterly revenue was up 6.5% on a year-over-year basis. As a group, research analysts predict that Universal Health Services, Inc. will post 10.22 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 16th. Investors of record on Tuesday, September 3rd will be issued a $0.20 dividend. The ex-dividend date is Friday, August 30th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.55%. This is a positive change from Universal Health Services’s previous quarterly dividend of $0.10. Universal Health Services’s dividend payout ratio is currently 4.20%.

In related news, Director Robert H. Hotz sold 7,309 shares of the company’s stock in a transaction dated Monday, July 29th. The shares were sold at an average price of $148.01, for a total value of $1,081,805.09. Following the completion of the sale, the director now owns 67,715 shares of the company’s stock, valued at $10,022,497.15. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Marvin G. Pember sold 16,693 shares of the company’s stock in a transaction dated Monday, July 29th. The shares were sold at an average price of $149.54, for a total transaction of $2,496,271.22. Following the completion of the sale, the executive vice president now directly owns 83,379 shares of the company’s stock, valued at approximately $12,468,495.66. The disclosure for this sale can be found here. Corporate insiders own 12.60% of the company’s stock.

A number of research firms have weighed in on UHS. Morgan Stanley upped their price objective on shares of Universal Health Services from $135.00 to $146.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 31st. UBS Group reaffirmed a “buy” rating and set a $151.00 target price on shares of Universal Health Services in a report on Friday, June 7th. Royal Bank of Canada upped their target price on shares of Universal Health Services to $165.00 and gave the stock an “outperform” rating in a report on Tuesday, July 30th. Barclays set a $145.00 target price on shares of Universal Health Services and gave the stock a “hold” rating in a report on Friday, July 26th. Finally, Credit Suisse Group upped their target price on shares of Universal Health Services from $150.00 to $170.00 and gave the stock an “outperform” rating in a report on Monday, July 29th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and ten have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $149.38.

About Universal Health Services

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 (NYSE:UHS)

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