FMR LLC & Abigail Johnson Maintain 5.925% Stake in UHS Class B Stock
Ticker: UHS · Form: SC 13G/A · Filed: Feb 9, 2024 · CIK: 352915
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing
TL;DR
**FMR LLC and Abigail Johnson still own 5.925% of UHS Class B shares.**
AI Summary
FMR LLC, a major investment firm, and its CEO, Abigail P. Johnson, have updated their ownership stake in Universal Health Services Inc. (UHS) Class B Common Stock. As of December 31, 2023, they collectively beneficially own 3,615,012 shares, representing 5.925% of the class. This is an amendment to a previous filing, indicating a slight adjustment in their reported holdings, which matters to investors as it shows continued significant institutional interest in UHS.
Why It Matters
This filing confirms that a major institutional investor, FMR LLC, and its leader, Abigail P. Johnson, continue to hold a significant stake in Universal Health Services, signaling their ongoing confidence in the company's prospects.
Risk Assessment
Risk Level: low — This filing is a routine update of institutional ownership and does not indicate any immediate financial risk or significant change in company control.
Analyst Insight
Investors should note the continued significant institutional ownership by FMR LLC, which can be a sign of long-term confidence, but this filing itself doesn't suggest any immediate trading action.
Key Numbers
- 3,615,012 — Shares Beneficially Owned (This is the total number of Class B Common Stock shares of Universal Health Services Inc. that FMR LLC and Abigail P. Johnson beneficially own.)
- 5.925% — Percent of Class (This represents the percentage of Universal Health Services Inc.'s Class B Common Stock that FMR LLC and Abigail P. Johnson collectively own.)
Key Players & Entities
- FMR LLC (company) — reporting person and parent holding company
- Abigail P. Johnson (person) — reporting person, likely CEO of FMR LLC
- Universal Health Services Inc. (company) — the issuer of the securities
- 3,615,012 (dollar_amount) — total shares beneficially owned by FMR LLC and Abigail P. Johnson
- 5.925% (dollar_amount) — percentage of Class B Common Stock owned by FMR LLC and Abigail P. Johnson
Forward-Looking Statements
- FMR LLC will maintain a significant, but passive, ownership stake in Universal Health Services Inc. Class B Common Stock. (FMR LLC) — high confidence, target: Next 12-24 months
FAQ
Who are the primary reporting persons in this SC 13G/A filing?
The primary reporting persons are FMR LLC and Abigail P. Johnson, as stated in Item 1 of their respective sections in the filing.
What is the total number of Universal Health Services Inc. Class B Common Stock shares beneficially owned by FMR LLC and Abigail P. Johnson?
FMR LLC and Abigail P. Johnson each report beneficially owning 3,615,012 shares of Universal Health Services Inc. Class B Common Stock, as indicated in Item 7 for both reporting persons and Item 4(a) for FMR LLC.
What percentage of Universal Health Services Inc.'s Class B Common Stock do the reporting persons collectively own?
The reporting persons collectively own 5.925% of Universal Health Services Inc.'s Class B Common Stock, as stated in Item 11 for both FMR LLC and Abigail P. Johnson, and Item 4(b) for FMR LLC.
What is the CUSIP number for the securities reported in this filing?
The CUSIP number for the Class B Common Stock of Universal Health Services Inc. is 913903100, as specified in the filing's cover page and Item 2(e).
Under which rule is this Schedule 13G filed?
This Schedule 13G is filed pursuant to Rule 13d-1(b), as indicated by the checked box on the cover page and in Item 3, where FMR LLC is identified as a parent holding company in accordance with Section 240.13d-1(b)(1)(ii)(G).
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on February 9, 2024 by Abigail P. Johnson regarding UNIVERSAL HEALTH SERVICES INC (UHS).