AMJ Financial Wealth Management Takes $3.33 Million Position in Universal Health Services, Inc. (NYSE:UHS)

AMJ Financial Wealth Management acquired a new position in shares of Universal Health Services, Inc. (NYSE:UHS) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 21,105 shares of the health services provider’s stock, valued at approximately $3,330,000. Universal Health Services makes up 1.5% of AMJ Financial Wealth Management’s holdings, making the stock its 28th biggest holding.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in UHS. Vanguard Group Inc. raised its holdings in shares of Universal Health Services by 1.9% during the 1st quarter. Vanguard Group Inc. now owns 7,856,010 shares of the health services provider’s stock worth $1,138,729,000 after acquiring an additional 146,820 shares during the period. BlackRock Inc. raised its stake in Universal Health Services by 2.3% during the first quarter. BlackRock Inc. now owns 5,026,512 shares of the health services provider’s stock worth $728,594,000 after purchasing an additional 113,259 shares during the period. American Century Companies Inc. boosted its holdings in Universal Health Services by 7.5% in the 1st quarter. American Century Companies Inc. now owns 1,804,556 shares of the health services provider’s stock valued at $229,346,000 after purchasing an additional 125,839 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Universal Health Services by 1.1% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,604,572 shares of the health services provider’s stock valued at $253,150,000 after buying an additional 17,933 shares during the period. Finally, Nuance Investments LLC increased its holdings in shares of Universal Health Services by 7.9% during the 1st quarter. Nuance Investments LLC now owns 1,585,716 shares of the health services provider’s stock worth $201,544,000 after buying an additional 115,622 shares during the last quarter. Institutional investors and hedge funds own 85.11% of the company’s stock.

Universal Health Services Stock Up 0.6 %

Shares of NYSE:UHS traded up $0.76 during trading on Monday, hitting $136.72. The company’s stock had a trading volume of 78,903 shares, compared to its average volume of 636,972. Universal Health Services, Inc. has a fifty-two week low of $113.69 and a fifty-two week high of $158.57. The business has a 50 day moving average price of $127.32 and a two-hundred day moving average price of $135.57. 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 capitalization of $9.49 billion, a PE ratio of 14.35, a P/E/G ratio of 1.35 and a beta of 1.28.

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

Universal Health Services Announces Dividend

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

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Wells Fargo & Company decreased their price objective on Universal Health Services from $153.00 to $139.00 and set an “equal weight” rating on the stock in a report on Friday, October 20th. JPMorgan Chase & Co. decreased their price target on Universal Health Services from $152.00 to $144.00 and set a “neutral” rating on the stock in a research note on Friday. Credit Suisse Group raised their price objective on Universal Health Services from $163.00 to $169.00 in a research report on Thursday, July 27th. Cantor Fitzgerald restated an “underweight” rating and issued a $148.00 price objective on shares of Universal Health Services in a report on Thursday, September 14th. Finally, StockNews.com raised shares of Universal Health Services from a “hold” rating to a “buy” rating in a research note on Monday, November 13th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $155.31.

Universal Health Services 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.