Universal Health Services, Inc. Declares Quarterly Dividend of $0.20 (NYSE:UHS)

Universal Health Services, Inc. (NYSE:UHS) announced a quarterly dividend on Thursday, February 12th. Investors of record on Monday, March 2nd will be paid a dividend of 0.20 per share by the health services provider on Monday, March 16th. This represents a c) annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Monday, March 2nd.

Universal Health Services has increased its dividend payment by an average of 0.1%annually over the last three years. Universal Health Services has a dividend payout ratio of 3.7% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Universal Health Services to earn $17.69 per share next year, which means the company should continue to be able to cover its $0.80 annual dividend with an expected future payout ratio of 4.5%.

Universal Health Services Trading Up 1.0%

NYSE UHS opened at $233.57 on Friday. Universal Health Services has a 52 week low of $152.33 and a 52 week high of $246.32. The company has a current ratio of 1.03, a quick ratio of 0.96 and a debt-to-equity ratio of 0.55. The stock has a market cap of $14.59 billion, a P/E ratio of 11.10, a PEG ratio of 0.72 and a beta of 1.26. The company’s fifty day simple moving average is $215.32 and its 200-day simple moving average is $205.92.

Institutional Trading of Universal Health Services

Hedge funds have recently modified their holdings of the company. Elyxium Wealth LLC bought a new position in shares of Universal Health Services in the fourth quarter worth about $25,000. SBI Securities Co. Ltd. raised its holdings in shares of Universal Health Services by 320.0% during the third quarter. SBI Securities Co. Ltd. now owns 126 shares of the health services provider’s stock worth $26,000 after acquiring an additional 96 shares during the period. Harbor Capital Advisors Inc. bought a new stake in Universal Health Services in the 4th quarter valued at approximately $26,000. Root Financial Partners LLC acquired a new position in shares of Universal Health Services during the 3rd quarter worth about $28,000. Finally, Founders Capital Management bought a new position in shares of Universal Health Services in the fourth quarter valued at $28,000. Institutional investors and hedge funds own 86.05% of the company’s stock.

About Universal Health Services

Universal Health Services, Inc (NYSE: UHS) is one of the largest diversified health care management companies in the United States, offering a broad spectrum of services through its acute care hospital and behavioral health segments. The company operates general acute care hospitals, surgical hospitals and ambulatory centers, as well as inpatient and outpatient behavioral health facilities. Its network provides emergency and specialized medicine, diagnostic imaging, laboratory services, advanced surgical care and rehabilitation, complemented by a comprehensive array of behavioral services including psychiatric treatment, addiction programs and developmental disabilities care.

In the acute care segment, UHS’s facilities deliver services ranging from emergency department treatment and intensive care to maternity care and outpatient surgery.