Jupiter Asset Management Ltd. Invests $4.13 Million in Universal Health Services, Inc. (NYSE:UHS)

Jupiter Asset Management Ltd. acquired a new stake in Universal Health Services, Inc. (NYSE:UHS) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 26,173 shares of the health services provider’s stock, valued at approximately $4,129,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Bessemer Group Inc. boosted its holdings in shares of Universal Health Services by 76.4% in the fourth quarter. Bessemer Group Inc. now owns 187 shares of the health services provider’s stock valued at $26,000 after acquiring an additional 81 shares in the last quarter. Carmichael Hill & Associates Inc. bought a new position in shares of Universal Health Services in the second quarter valued at approximately $32,000. Belpointe Asset Management LLC boosted its holdings in shares of Universal Health Services by 45.4% in the first quarter. Belpointe Asset Management LLC now owns 253 shares of the health services provider’s stock valued at $32,000 after acquiring an additional 79 shares in the last quarter. Ancora Advisors LLC boosted its holdings in shares of Universal Health Services by 33.3% in the first quarter. Ancora Advisors LLC now owns 400 shares of the health services provider’s stock valued at $53,000 after acquiring an additional 100 shares in the last quarter. Finally, Ossiam boosted its holdings in shares of Universal Health Services by 30.5% in the first quarter. Ossiam now owns 694 shares of the health services provider’s stock valued at $88,000 after acquiring an additional 162 shares in the last quarter. 85.11% of the stock is currently owned by institutional investors.

Universal Health Services Stock Up 1.1 %

Shares of NYSE:UHS opened at $135.96 on Friday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.28 and a current ratio of 1.38. The company has a market cap of $9.43 billion, a PE ratio of 14.27, a price-to-earnings-growth ratio of 1.35 and a beta of 1.28. Universal Health Services, Inc. has a 52 week low of $113.69 and a 52 week high of $158.57. The firm has a 50 day simple moving average of $127.32 and a 200 day simple moving average of $135.62.

Universal Health Services (NYSE:UHS) last released its earnings results on Wednesday, October 25th. The health services provider reported $2.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.34 by $0.21. Universal Health Services had a net margin of 4.82% and a return on equity of 12.23%. The company had revenue of $3.56 billion during the quarter, compared to the consensus estimate of $3.54 billion. During the same quarter in the prior year, the firm earned $2.54 EPS. The company’s revenue was up 6.8% compared to the same quarter last year. As a group, research analysts expect that Universal Health Services, Inc. will post 10.31 earnings per share for the current year.

Universal Health Services Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 1st will be given a $0.20 dividend. The ex-dividend date is Thursday, November 30th. This represents a $0.80 dividend on an annualized basis and a yield of 0.59%. Universal Health Services’s payout ratio is 8.39%.

Wall Street Analysts Forecast Growth

UHS has been the subject of several recent analyst reports. UBS Group increased their price objective on shares of Universal Health Services from $154.00 to $162.00 in a report on Wednesday, July 26th. StockNews.com upgraded shares of Universal Health Services from a “hold” rating to a “buy” rating in a report on Monday, November 13th. Cantor Fitzgerald restated an “underweight” rating and set a $148.00 target price on shares of Universal Health Services in a report on Thursday, September 14th. Wells Fargo & Company reduced their target price on shares of Universal Health Services from $153.00 to $139.00 and set an “equal weight” rating for the company in a report on Friday, October 20th. Finally, Barclays restated an “equal weight” rating and set a $142.00 target price on shares of Universal Health Services in a report on Thursday, September 21st. One analyst has rated the stock with a sell rating, seven have issued a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $155.31.

Universal Health Services Company Profile

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