Universal Health Services Inc. (NYSE:UHS) announced a quarterly dividend on Wednesday, November 16th. Investors of record on Thursday, December 1st will be given a dividend of 0.10 per share on Thursday, December 15th. This represents a $0.40 dividend on an annualized basis and a yield of 0.33%. The ex-dividend date is Tuesday, November 29th.

Shares of Universal Health Services (NYSE:UHS) opened at 122.08 on Thursday. Universal Health Services has a 52-week low of $100.82 and a 52-week high of $139.77. The stock has a market cap of $11.84 billion, a PE ratio of 17.19 and a beta of 1.14. The company’s 50-day moving average is $122.01 and its 200-day moving average is $127.50.

Universal Health Services (NYSE:UHS) last released its quarterly earnings data on Wednesday, October 26th. The company reported $1.60 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.68 by $0.08. Universal Health Services had a return on equity of 16.35% and a net margin of 7.31%. The firm had revenue of $2.61 billion for the quarter, compared to analyst estimates of $2.40 billion. During the same quarter in the previous year, the business posted $1.53 earnings per share. Universal Health Services’s revenue for the quarter was up 7.0% on a year-over-year basis. Equities analysts anticipate that Universal Health Services will post $7.34 EPS for the current year.

Dividend History for Universal Health Services (NYSE:UHS)

A number of hedge funds and other institutional investors have recently modified their holdings of UHS. American Century Companies Inc. increased its position in shares of Universal Health Services by 3.5% in the second quarter. American Century Companies Inc. now owns 442,290 shares of the company’s stock worth $59,311,000 after buying an additional 14,882 shares in the last quarter. BlackRock Inc. increased its position in shares of Universal Health Services by 11.2% in the second quarter. BlackRock Inc. now owns 235,994 shares of the company’s stock worth $31,647,000 after buying an additional 23,722 shares in the last quarter. Wetherby Asset Management Inc. purchased a new position in shares of Universal Health Services during the second quarter worth about $220,000. Bank of Nova Scotia increased its position in shares of Universal Health Services by 5.3% in the second quarter. Bank of Nova Scotia now owns 1,800 shares of the company’s stock worth $241,000 after buying an additional 90 shares in the last quarter. Finally, Reliance Trust Co. of Delaware increased its position in shares of Universal Health Services by 0.3% in the second quarter. Reliance Trust Co. of Delaware now owns 2,539 shares of the company’s stock worth $341,000 after buying an additional 7 shares in the last quarter. Institutional investors own 85.43% of the company’s stock.

Several equities research analysts recently issued reports on the stock. Bank of America Corp. cut shares of Universal Health Services from a “buy” rating to a “neutral” rating and cut their price objective for the stock from $150.00 to $135.00 in a research report on Wednesday, November 9th. Zacks Investment Research cut shares of Universal Health Services from a “hold” rating to a “sell” rating in a research report on Tuesday, September 27th. Credit Suisse Group AG reiterated a “hold” rating and set a $130.00 price target on shares of Universal Health Services in a research report on Tuesday, August 30th. Mizuho dropped their price target on shares of Universal Health Services from $150.00 to $142.00 and set a “buy” rating for the company in a research report on Thursday, October 27th. Finally, Leerink Swann reiterated a “buy” rating and set a $150.00 price target on shares of Universal Health Services in a research report on Friday, July 29th. Ten investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $141.00.

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About Universal Health Services

Universal Health Services, Inc is a holding company. The Company, through its subsidiaries, is engaged in owning and operating acute care hospitals, behavioral health centers, surgical hospitals, ambulatory surgery centers and radiation oncology centers. Its segment is acute care hospital services and behavioral healthcare services.

5 Day Chart for NYSE:UHS

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