Northern Trust Corp raised its position in Universal Health Services, Inc. (NYSE:UHS) by 4.7% during the first quarter, HoldingsChannel reports. The institutional investor owned 1,098,311 shares of the health services provider’s stock after purchasing an additional 49,356 shares during the period. Northern Trust Corp’s holdings in Universal Health Services were worth $146,921,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Public Employees Retirement System of Ohio lifted its position in shares of Universal Health Services by 24.1% during the 4th quarter. Public Employees Retirement System of Ohio now owns 38,874 shares of the health services provider’s stock valued at $4,531,000 after acquiring an additional 7,540 shares during the period. AJO LP bought a new stake in shares of Universal Health Services during the 1st quarter worth $2,626,000. State of Alaska Department of Revenue lifted its position in shares of Universal Health Services by 5.9% during the 1st quarter. State of Alaska Department of Revenue now owns 28,078 shares of the health services provider’s stock worth $3,754,000 after buying an additional 1,573 shares during the last quarter. Colony Group LLC bought a new stake in shares of Universal Health Services during the 4th quarter worth $255,000. Finally, Acadian Asset Management LLC lifted its position in shares of Universal Health Services by 7.8% during the 1st quarter. Acadian Asset Management LLC now owns 1,013,712 shares of the health services provider’s stock worth $135,606,000 after buying an additional 73,461 shares during the last quarter. 86.96% of the stock is currently owned by hedge funds and other institutional investors.

Universal Health Services stock traded down $0.35 during trading hours on Wednesday, hitting $122.65. The stock had a trading volume of 5,566 shares, compared to its average volume of 729,772. The company has a current ratio of 1.18, a quick ratio of 1.09 and a debt-to-equity ratio of 0.69. The company has a market capitalization of $11.15 billion, a PE ratio of 12.84, a P/E/G ratio of 1.32 and a beta of 1.03. Universal Health Services, Inc. has a one year low of $109.37 and a one year high of $142.21.

Universal Health Services (NYSE:UHS) last posted its earnings results on Thursday, April 25th. The health services provider reported $2.45 EPS for the quarter, missing the consensus estimate of $2.62 by ($0.17). The firm had revenue of $2.80 billion during the quarter, compared to the consensus estimate of $2.82 billion. Universal Health Services had a net margin of 7.26% and a return on equity of 16.21%. Universal Health Services’s revenue for the quarter was up 4.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.45 earnings per share. As a group, analysts predict that Universal Health Services, Inc. will post 9.98 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, June 17th. Shareholders of record on Monday, June 3rd will be given a $0.10 dividend. The ex-dividend date is Friday, May 31st. This represents a $0.40 annualized dividend and a yield of 0.33%. Universal Health Services’s dividend payout ratio is presently 4.20%.

UHS has been the subject of several recent analyst reports. Wells Fargo & Co upped their price objective on Universal Health Services from $147.00 to $150.00 and gave the stock an “outperform” rating in a research report on Friday, March 1st. Citigroup upped their price objective on Universal Health Services from $140.00 to $164.00 and gave the stock a “buy” rating in a research report on Friday, March 1st. BMO Capital Markets upped their price objective on Universal Health Services to $146.00 and gave the stock a “market perform” rating in a research report on Tuesday, March 5th. JPMorgan Chase & Co. downgraded Universal Health Services from an “overweight” rating to a “neutral” rating and set a $147.00 price objective for the company. in a research report on Monday, March 4th. They noted that the move was a valuation call. Finally, Barclays dropped their price objective on Universal Health Services from $136.00 to $130.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 17th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and eight have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $143.53.

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About Universal Health Services

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 (NYSE:UHS)

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