Cibc World Markets Corp Has $1.20 Million Holdings in Universal Health Services, Inc. (NYSE:UHS)

Cibc World Markets Corp lifted its holdings in Universal Health Services, Inc. (NYSE:UHSFree Report) by 129.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,882 shares of the health services provider’s stock after purchasing an additional 4,452 shares during the period. Cibc World Markets Corp’s holdings in Universal Health Services were worth $1,202,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. GAMMA Investing LLC acquired a new stake in shares of Universal Health Services in the 4th quarter valued at $42,000. Tompkins Financial Corp acquired a new stake in shares of Universal Health Services in the 4th quarter valued at $96,000. Van ECK Associates Corp lifted its stake in shares of Universal Health Services by 9.6% in the 3rd quarter. Van ECK Associates Corp now owns 1,004 shares of the health services provider’s stock valued at $126,000 after purchasing an additional 88 shares during the last quarter. Parallel Advisors LLC lifted its stake in shares of Universal Health Services by 11.3% in the 4th quarter. Parallel Advisors LLC now owns 1,161 shares of the health services provider’s stock valued at $177,000 after purchasing an additional 118 shares during the last quarter. Finally, V Square Quantitative Management LLC acquired a new stake in shares of Universal Health Services in the 3rd quarter valued at $175,000. Institutional investors and hedge funds own 86.05% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on UHS shares. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Universal Health Services from $208.00 to $203.00 and set a “buy” rating for the company in a research note on Friday, April 12th. StockNews.com upgraded shares of Universal Health Services from a “buy” rating to a “strong-buy” rating in a report on Friday. Mizuho lifted their target price on shares of Universal Health Services from $175.00 to $200.00 and gave the stock a “buy” rating in a report on Wednesday, March 6th. UBS Group upgraded shares of Universal Health Services from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $189.00 to $226.00 in a report on Monday, May 20th. Finally, Royal Bank of Canada lifted their target price on shares of Universal Health Services from $183.00 to $189.00 and gave the stock a “sector perform” rating in a report on Tuesday, May 7th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $190.43.

Read Our Latest Report on Universal Health Services

Universal Health Services Stock Performance

NYSE UHS opened at $188.93 on Tuesday. The stock has a market cap of $12.65 billion, a P/E ratio of 16.01, a PEG ratio of 0.92 and a beta of 1.29. The company’s 50-day simple moving average is $173.94 and its 200 day simple moving average is $164.54. Universal Health Services, Inc. has a twelve month low of $119.90 and a twelve month high of $190.49. The company has a quick ratio of 1.28, a current ratio of 1.38 and a debt-to-equity ratio of 0.75.

Universal Health Services (NYSE:UHSGet Free Report) last posted its earnings results on Wednesday, April 24th. The health services provider reported $3.70 earnings per share for the quarter, beating analysts’ consensus estimates of $3.14 by $0.56. The business had revenue of $3.84 billion for the quarter, compared to analysts’ expectations of $3.78 billion. Universal Health Services had a net margin of 5.57% and a return on equity of 13.34%. The firm’s revenue for the quarter was up 10.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.34 earnings per share. As a group, research analysts forecast that Universal Health Services, Inc. will post 13.76 earnings per share for the current fiscal year.

Universal Health Services Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 17th. Investors of record on Monday, June 3rd will be paid a $0.20 dividend. The ex-dividend date of this dividend is Monday, June 3rd. This represents a $0.80 dividend on an annualized basis and a yield of 0.42%. Universal Health Services’s payout ratio is currently 6.78%.

Universal Health Services Company Profile

(Free Report)

Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities. It operates through Acute Care Hospital Services and Behavioral Health Care Services segments. The company's 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.

Further Reading

Institutional Ownership by Quarter for Universal Health Services (NYSE:UHS)

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