Universal Health Services, Inc. Class B (UHS) Shares Bought by Sciencast Management LP

Sciencast Management LP grew its holdings in Universal Health Services, Inc. Class B (NYSE:UHS) by 413.9% in the 1st quarter, HoldingsChannel.com reports. The firm owned 14,419 shares of the health services provider’s stock after purchasing an additional 11,613 shares during the quarter. Universal Health Services, Inc. Class B makes up 0.9% of Sciencast Management LP’s holdings, making the stock its 6th biggest holding. Sciencast Management LP’s holdings in Universal Health Services, Inc. Class B were worth $1,742,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Parametrica Management Ltd acquired a new stake in Universal Health Services, Inc. Class B in the first quarter valued at approximately $201,000. NuWave Investment Management LLC acquired a new stake in Universal Health Services, Inc. Class B in the first quarter valued at approximately $205,000. Commerce Bank acquired a new stake in Universal Health Services, Inc. Class B in the first quarter valued at approximately $208,000. AllSquare Wealth Management LLC raised its holdings in Universal Health Services, Inc. Class B by 238.2% in the first quarter. AllSquare Wealth Management LLC now owns 1,772 shares of the health services provider’s stock valued at $210,000 after acquiring an additional 1,248 shares in the last quarter. Finally, Wetherby Asset Management Inc. acquired a new stake in Universal Health Services, Inc. Class B in the first quarter valued at approximately $213,000. 85.19% of the stock is owned by institutional investors and hedge funds.

UHS stock opened at $115.61 on Thursday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.11 and a current ratio of 1.19. Universal Health Services, Inc. Class B has a twelve month low of $95.26 and a twelve month high of $128.15. The company has a market cap of $11.02 billion, a price-to-earnings ratio of 15.35, a P/E/G ratio of 1.12 and a beta of 0.83.

Universal Health Services, Inc. Class B (NYSE:UHS) last released its quarterly earnings data on Wednesday, April 25th. The health services provider reported $2.45 earnings per share for the quarter, missing analysts’ consensus estimates of $2.59 by ($0.14). Universal Health Services, Inc. Class B had a return on equity of 15.24% and a net margin of 7.34%. The company had revenue of $2.69 billion for the quarter, compared to analyst estimates of $2.75 billion. During the same period in the previous year, the business posted $2.10 EPS. The firm’s revenue for the quarter was up 3.0% compared to the same quarter last year. analysts predict that Universal Health Services, Inc. Class B will post 9.39 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 15th. Shareholders of record on Friday, June 1st will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, May 31st. This represents a $0.40 dividend on an annualized basis and a yield of 0.35%. Universal Health Services, Inc. Class B’s payout ratio is currently 5.31%.

Several brokerages recently weighed in on UHS. Zacks Investment Research cut shares of Universal Health Services, Inc. Class B from a “buy” rating to a “hold” rating in a report on Friday, April 27th. TheStreet cut shares of Universal Health Services, Inc. Class B from a “b” rating to a “c+” rating in a report on Friday, June 8th. Deutsche Bank raised their target price on shares of Universal Health Services, Inc. Class B from $132.00 to $138.00 and gave the company a “buy” rating in a report on Tuesday, March 6th. Morgan Stanley reaffirmed an “equal weight” rating and issued a $124.00 target price (up previously from $122.00) on shares of Universal Health Services, Inc. Class B in a report on Friday, March 2nd. Finally, Stephens set a $120.00 target price on shares of Universal Health Services, Inc. Class B and gave the company a “hold” rating in a report on Thursday, March 1st. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and eleven have given a buy rating to the stock. Universal Health Services, Inc. Class B has an average rating of “Buy” and an average price target of $133.13.

About Universal Health Services, Inc. Class B

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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