Columbus Circle Investors reduced its position in shares of Universal Health Services, Inc. (NYSE:UHS) by 48.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 25,332 shares of the health services provider’s stock after selling 24,145 shares during the period. Columbus Circle Investors’ holdings in Universal Health Services were worth $3,093,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in UHS. Marshall Wace North America L.P. raised its position in shares of Universal Health Services by 15.6% in the second quarter. Marshall Wace North America L.P. now owns 163,073 shares of the health services provider’s stock worth $19,895,000 after buying an additional 22,057 shares during the last quarter. Jennison Associates LLC raised its stake in Universal Health Services by 10.0% in the second quarter. Jennison Associates LLC now owns 471,495 shares of the health services provider’s stock valued at $57,560,000 after buying an additional 43,013 shares in the last quarter. Pegasus Partners Ltd. purchased a new stake in Universal Health Services during the second quarter valued at about $4,102,000. Comerica Bank raised its stake in Universal Health Services by 13.0% in the second quarter. Comerica Bank now owns 91,525 shares of the health services provider’s stock valued at $11,379,000 after buying an additional 10,495 shares in the last quarter. Finally, Legal & General Group Plc raised its stake in Universal Health Services by 7.5% in the second quarter. Legal & General Group Plc now owns 478,183 shares of the health services provider’s stock valued at $58,378,000 after buying an additional 33,344 shares in the last quarter. 85.41% of the stock is currently owned by institutional investors.

Universal Health Services, Inc. (UHS) opened at 107.97 on Thursday. The stock has a 50 day moving average price of $114.62 and a 200 day moving average price of $118.70. The company has a market cap of $10.33 billion, a PE ratio of 14.68 and a beta of 1.06. Universal Health Services, Inc. has a 1-year low of $99.72 and a 1-year high of $129.74.

Universal Health Services (NYSE:UHS) last announced its quarterly earnings results on Tuesday, July 25th. The health services provider reported $1.94 EPS for the quarter, missing the Zacks’ consensus estimate of $2.06 by $0.12. Universal Health Services had a net margin of 7.29% and a return on equity of 15.57%. The firm had revenue of $2.61 billion during the quarter, compared to the consensus estimate of $2.64 billion. During the same quarter in the previous year, the company posted $1.94 earnings per share. The firm’s revenue was up 7.5% on a year-over-year basis. Equities analysts forecast that Universal Health Services, Inc. will post $7.72 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Friday, September 1st will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.37%. The ex-dividend date of this dividend is Wednesday, August 30th. Universal Health Services’s dividend payout ratio is currently 5.44%.

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Several research firms recently issued reports on UHS. TheStreet lowered Universal Health Services from a “b” rating to a “c+” rating in a research report on Monday. Morgan Stanley dropped their price target on Universal Health Services from $120.00 to $114.00 and set an “equal weight” rating on the stock in a research report on Thursday, August 17th. Zacks Investment Research raised Universal Health Services from a “sell” rating to a “hold” rating in a research report on Tuesday, August 8th. BidaskClub lowered Universal Health Services from a “hold” rating to a “sell” rating in a research report on Tuesday, August 1st. Finally, Piper Jaffray Companies reissued a “buy” rating and set a $134.00 price target on shares of Universal Health Services in a research report on Friday, July 28th. One analyst has rated the stock with a sell rating, nine have given a hold rating and five have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $135.90.

Universal Health Services Company Profile

Universal Health Services, Inc is a holding company. The Company’s principal business is owning and operating, through its subsidiaries, acute care hospitals and outpatient facilities, and behavioral healthcare facilities. The Company’s segments include Acute Care Hospital Services, Behavioral Health Services and Other.

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

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