Universal Health Services, Inc. (NYSE:UHS) Short Interest Update

Universal Health Services, Inc. (NYSE:UHS) was the target of a significant increase in short interest in May. As of May 31st, there was short interest totalling 2,823,900 shares, an increase of 8.6% from the April 30th total of 2,600,500 shares. Based on an average daily trading volume, of 748,600 shares, the days-to-cover ratio is currently 3.8 days. Approximately 3.5% of the company’s stock are sold short.

UHS stock traded up $1.66 on Friday, reaching $132.90. 404,440 shares of the company’s stock were exchanged, compared to its average volume of 518,003. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.09 and a current ratio of 1.18. The company has a market cap of $11.83 billion, a price-to-earnings ratio of 13.95, a PEG ratio of 1.40 and a beta of 1.04. Universal Health Services has a twelve month low of $111.68 and a twelve month high of $142.21. The company has a fifty day moving average of $125.54.

Universal Health Services (NYSE:UHS) last posted its earnings results on Thursday, April 25th. The health services provider reported $2.45 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $2.62 by ($0.17). Universal Health Services had a net margin of 7.26% and a return on equity of 16.21%. The firm had revenue of $2.80 billion during the quarter, compared to analyst estimates of $2.82 billion. During the same period last year, the company posted $2.45 EPS. The firm’s revenue for the quarter was up 4.4% on a year-over-year basis. On average, equities research analysts forecast that Universal Health Services will post 9.98 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 17th. Stockholders of record on Monday, June 3rd were given a $0.10 dividend. The ex-dividend date of this dividend was Friday, May 31st. This represents a $0.40 annualized dividend and a dividend yield of 0.30%. Universal Health Services’s dividend payout ratio is currently 4.20%.

UHS has been the subject of several recent analyst reports. BMO Capital Markets boosted their target price on Discover Financial Services to $92.00 and gave the stock a “market perform” rating in a research note on Monday, April 29th. UBS Group reiterated a “buy” rating on shares of Fortis in a research note on Friday, June 7th. Finally, Barclays set a $24.00 price objective on Tenet Healthcare and gave the company a “hold” rating in a research note on Wednesday, April 17th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $143.53.

Several large investors have recently modified their holdings of the company. AJO LP purchased a new position in shares of Universal Health Services in the 1st quarter worth about $2,626,000. Public Employees Retirement System of Ohio raised its holdings in shares of Universal Health Services by 24.1% in the 4th quarter. Public Employees Retirement System of Ohio now owns 38,874 shares of the health services provider’s stock worth $4,531,000 after purchasing an additional 7,540 shares during the period. State of Alaska Department of Revenue raised its holdings in shares of Universal Health Services by 5.9% in the 1st quarter. State of Alaska Department of Revenue now owns 28,078 shares of the health services provider’s stock worth $3,754,000 after purchasing an additional 1,573 shares during the period. Colony Group LLC purchased a new position in shares of Universal Health Services in the 4th quarter worth about $255,000. Finally, Acadian Asset Management LLC grew its stake in shares of Universal Health Services by 7.8% in the first quarter. Acadian Asset Management LLC now owns 1,013,712 shares of the health services provider’s stock valued at $135,606,000 after buying an additional 73,461 shares in the last quarter. Institutional investors and hedge funds own 86.89% of the company’s stock.

Universal Health Services Company Profile

Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, outpatient facilities, and behavioral health care facilities. The company operates through Acute Care Hospital Services, Behavioral Health Care Services, and Other segments. Its hospital offer general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, coronary care, pediatric services, pharmacy services, and/or behavioral health services.

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