Sivik Global Healthcare LLC cut its position in Universal Health Services, Inc. (NYSE:UHS) by 41.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 25,000 shares of the health services provider’s stock after selling 17,500 shares during the period. Sivik Global Healthcare LLC’s holdings in Universal Health Services were worth $3,052,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Howard Hughes Medical Institute increased its stake in shares of Universal Health Services by 408.0% in the second quarter. Howard Hughes Medical Institute now owns 2,906 shares of the health services provider’s stock worth $355,000 after purchasing an additional 2,334 shares in the last quarter. ProShare Advisors LLC increased its stake in shares of Universal Health Services by 0.5% in the second quarter. ProShare Advisors LLC now owns 17,117 shares of the health services provider’s stock worth $2,090,000 after purchasing an additional 87 shares in the last quarter. Profund Advisors LLC increased its stake in shares of Universal Health Services by 5.5% in the second quarter. Profund Advisors LLC now owns 3,672 shares of the health services provider’s stock worth $448,000 after purchasing an additional 193 shares in the last quarter. Laurion Capital Management LP purchased a new stake in shares of Universal Health Services in the second quarter worth $305,000. Finally, Stevens Capital Management LP purchased a new stake in shares of Universal Health Services in the second quarter worth $3,054,000. 85.27% of the stock is owned by hedge funds and other institutional investors.

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Universal Health Services, Inc. (NYSE:UHS) traded down 0.80% during trading on Friday, reaching $110.67. 661,309 shares of the company traded hands. The firm has a 50-day moving average price of $108.84 and a 200-day moving average price of $117.47. Universal Health Services, Inc. has a 52 week low of $99.72 and a 52 week high of $129.74. The company has a market capitalization of $10.59 billion, a P/E ratio of 15.05 and a beta of 1.07.

Universal Health Services (NYSE:UHS) last issued its quarterly earnings results on Tuesday, July 25th. The health services provider reported $1.94 EPS for the quarter, missing the consensus estimate of $2.06 by ($0.12). The company had revenue of $2.61 billion during the quarter, compared to analysts’ expectations of $2.64 billion. Universal Health Services had a return on equity of 15.49% and a net margin of 7.10%. Universal Health Services’s revenue was up 7.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.94 EPS. Analysts forecast that Universal Health Services, Inc. will post $7.73 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Friday, September 15th. Investors of record on Friday, September 1st were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.36%. The ex-dividend date was Wednesday, August 30th. Universal Health Services’s payout ratio is presently 5.44%.

UHS has been the subject of a number of analyst reports. BidaskClub cut shares of Universal Health Services from a “hold” rating to a “sell” rating in a research note on Tuesday, August 1st. Citigroup Inc. reduced their price objective on shares of Universal Health Services from $131.00 to $126.00 and set a “neutral” rating for the company in a research note on Wednesday, July 26th. Piper Jaffray Companies reissued a “buy” rating and issued a $134.00 price objective on shares of Universal Health Services in a research note on Friday, July 28th. Zacks Investment Research cut shares of Universal Health Services from a “buy” rating to a “hold” rating in a research note on Thursday, July 13th. Finally, Royal Bank Of Canada reissued a “buy” rating and issued a $147.00 price objective on shares of Universal Health Services in a research note on Tuesday, August 29th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and six have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $134.55.

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.

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

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