TD Asset Management Inc Sells 6,913 Shares of Universal Health Services, Inc. $UHS

TD Asset Management Inc trimmed its position in Universal Health Services, Inc. (NYSE:UHS) by 18.7% during the third quarter, HoldingsChannel.com reports. The firm owned 30,153 shares of the health services provider’s stock after selling 6,913 shares during the quarter. TD Asset Management Inc’s holdings in Universal Health Services were worth $6,164,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of UHS. Allspring Global Investments Holdings LLC lifted its stake in Universal Health Services by 34.9% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 68,501 shares of the health services provider’s stock valued at $13,941,000 after purchasing an additional 17,728 shares during the last quarter. Rakuten Investment Management Inc. bought a new stake in Universal Health Services in the third quarter valued at approximately $1,359,000. First Citizens Bank & Trust Co. lifted its position in shares of Universal Health Services by 36.0% in the third quarter. First Citizens Bank & Trust Co. now owns 54,960 shares of the health services provider’s stock valued at $11,236,000 after buying an additional 14,536 shares during the last quarter. AMG National Trust Bank acquired a new stake in shares of Universal Health Services in the third quarter valued at approximately $1,912,000. Finally, Board of the Pension Protection Fund bought a new position in shares of Universal Health Services during the 3rd quarter worth approximately $961,000. 86.05% of the stock is owned by institutional investors and hedge funds.

Universal Health Services Stock Performance

Shares of NYSE:UHS opened at $204.54 on Wednesday. The company’s 50 day moving average price is $215.02 and its two-hundred day moving average price is $211.53. Universal Health Services, Inc. has a 12-month low of $152.33 and a 12-month high of $246.32. The firm has a market cap of $12.78 billion, a PE ratio of 8.84, a PEG ratio of 0.85 and a beta of 1.26. The company has a quick ratio of 0.98, a current ratio of 1.05 and a debt-to-equity ratio of 0.55.

Universal Health Services (NYSE:UHS) last released its quarterly earnings results on Wednesday, February 25th. The health services provider reported $5.88 earnings per share for the quarter, missing analysts’ consensus estimates of $5.92 by ($0.04). The business had revenue of $4.49 billion during the quarter, compared to analyst estimates of $4.50 billion. Universal Health Services had a net margin of 8.57% and a return on equity of 19.65%. The firm’s quarterly revenue was up 9.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $4.92 earnings per share. Universal Health Services has set its FY 2026 guidance at 22.640-24.520 EPS. Equities research analysts predict that Universal Health Services, Inc. will post 15.92 earnings per share for the current year.

Universal Health Services Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 2nd will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Monday, March 2nd. Universal Health Services’s dividend payout ratio is presently 3.46%.

Wall Street Analysts Forecast Growth

UHS has been the subject of several research reports. Wall Street Zen downgraded Universal Health Services from a “strong-buy” rating to a “buy” rating in a report on Saturday. Weiss Ratings restated a “buy (b)” rating on shares of Universal Health Services in a research note on Monday, December 29th. Guggenheim lifted their target price on shares of Universal Health Services from $253.00 to $274.00 and gave the stock a “buy” rating in a report on Tuesday, December 2nd. UBS Group reissued a “buy” rating on shares of Universal Health Services in a report on Thursday, January 15th. Finally, Zacks Research downgraded shares of Universal Health Services from a “strong-buy” rating to a “hold” rating in a research report on Monday. Six equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Universal Health Services presently has an average rating of “Hold” and an average price target of $232.21.

Universal Health Services Profile

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.