Teacher Retirement System of Texas boosted its holdings in Universal Health Services, Inc. (NYSE:UHS – Free Report) by 380.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 137,575 shares of the health services provider’s stock after buying an additional 108,931 shares during the quarter. Teacher Retirement System of Texas owned approximately 0.22% of Universal Health Services worth $29,994,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC lifted its stake in shares of Universal Health Services by 34.9% in the third quarter. Allspring Global Investments Holdings LLC now owns 68,501 shares of the health services provider’s stock worth $13,941,000 after acquiring an additional 17,728 shares during the period. American Century Companies Inc. lifted its stake in shares of Universal Health Services by 22.1% in the third quarter. American Century Companies Inc. now owns 781,145 shares of the health services provider’s stock worth $159,698,000 after acquiring an additional 141,621 shares during the period. Rakuten Investment Management Inc. acquired a new position in shares of Universal Health Services in the third quarter worth approximately $1,359,000. First Citizens Bank & Trust Co. lifted its stake in shares of Universal Health Services by 36.0% in the third quarter. First Citizens Bank & Trust Co. now owns 54,960 shares of the health services provider’s stock worth $11,236,000 after acquiring an additional 14,536 shares during the period. Finally, AMG National Trust Bank acquired a new position in shares of Universal Health Services in the third quarter worth approximately $1,912,000. 86.05% of the stock is owned by institutional investors and hedge funds.
Universal Health Services Trading Up 0.3%
Shares of Universal Health Services stock opened at $181.20 on Friday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.98 and a current ratio of 1.05. Universal Health Services, Inc. has a 52 week low of $152.33 and a 52 week high of $246.32. The stock has a 50 day moving average price of $195.35 and a two-hundred day moving average price of $210.09. The stock has a market capitalization of $11.07 billion, a PE ratio of 7.83, a price-to-earnings-growth ratio of 0.71 and a beta of 1.29.
Universal Health Services Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 2nd were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend was Monday, March 2nd. Universal Health Services’s dividend payout ratio (DPR) is 3.46%.
Wall Street Analyst Weigh In
A number of equities analysts recently commented on UHS shares. TD Cowen cut their price objective on Universal Health Services from $251.00 to $245.00 and set a “buy” rating on the stock in a research note on Wednesday, January 7th. Weiss Ratings lowered Universal Health Services from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, April 17th. Wells Fargo & Company lowered their target price on Universal Health Services from $235.00 to $212.00 and set an “equal weight” rating for the company in a report on Monday, March 2nd. UBS Group reiterated a “buy” rating on shares of Universal Health Services in a report on Thursday, January 15th. Finally, Zacks Research downgraded Universal Health Services from a “strong-buy” rating to a “hold” rating in a report on Monday, March 2nd. Five investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $232.21.
View Our Latest Stock Analysis on Universal Health Services
Universal Health Services Profile
Universal Health Services, Inc (NYSE: UHS) is one of the largest diversified health care management companies in the United States, offering a broad spectrum of services through its acute care hospital and behavioral health segments. The company operates general acute care hospitals, surgical hospitals and ambulatory centers, as well as inpatient and outpatient behavioral health facilities. Its network provides emergency and specialized medicine, diagnostic imaging, laboratory services, advanced surgical care and rehabilitation, complemented by a comprehensive array of behavioral services including psychiatric treatment, addiction programs and developmental disabilities care.
In the acute care segment, UHS’s facilities deliver services ranging from emergency department treatment and intensive care to maternity care and outpatient surgery.
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