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

Universal Health Services, Inc. (NYSE:UHS) declared a quarterly dividend on Wednesday, November 20th, Zacks reports. Stockholders of record on Thursday, December 5th will be given a dividend of 0.20 per share by the health services provider on Thursday, December 19th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.57%. The ex-dividend date of this dividend is Wednesday, December 4th.

UHS opened at $139.49 on Monday. The stock has a market capitalization of $12.22 billion, a P/E ratio of 14.64, a PEG ratio of 1.76 and a beta of 1.05. Universal Health Services has a 12-month low of $112.79 and a 12-month high of $157.79. The stock has a 50-day moving average price of $141.83 and a 200-day moving average price of $138.22. The company has a current ratio of 1.19, a quick ratio of 1.09 and a debt-to-equity ratio of 0.76.

Universal Health Services (NYSE:UHS) last issued its earnings results on Thursday, October 24th. The health services provider reported $1.99 earnings per share for the quarter, missing the consensus estimate of $2.30 by ($0.31). The company had revenue of $2.82 billion for the quarter, compared to analysts’ expectations of $2.77 billion. Universal Health Services had a net margin of 6.48% and a return on equity of 15.80%. The company’s revenue was up 6.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.23 earnings per share. On average, equities research analysts predict that Universal Health Services will post 9.81 EPS for the current year.

In other Universal Health Services news, CFO Steve Filton sold 30,000 shares of the company’s stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $141.40, for a total transaction of $4,242,000.00. Following the completion of the transaction, the chief financial officer now owns 265,238 shares of the company’s stock, valued at approximately $37,504,653.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 12.60% of the company’s stock.

Separately, Zacks Investment Research cut Universal Health Services from a “hold” rating to a “sell” rating and set a $148.00 target price for the company. in a report on Monday, November 11th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and nine have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $150.19.

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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Dividend History for Universal Health Services (NYSE:UHS)

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