SCHEDULE 13G/A: BlackRock Discloses 8.5% Stake in Universal Health Services Class B Common Stock
Beneficial Ownership Report
BlackRock, Inc. has filed an amended Schedule 13G, revealing its beneficial ownership of 8.5% of Universal Health Services Inc.'s Class B Common Stock as of December 31, 2024.
Summary
- BlackRock, Inc. reported beneficial ownership of 5,001,906 shares of Universal Health Services Inc.'s Class B Common Stock.
- This ownership represents 8.5% of the total Class B Common Stock outstanding.
- BlackRock holds sole voting power over 4,559,171 shares.
- BlackRock holds sole dispositive power over all 5,001,906 beneficially owned shares.
- No shared voting or dispositive power was reported.
- The filing was made by BlackRock, Inc. as a parent holding company, with various subsidiaries identified as acquiring entities.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership, providing neutral information without expressing positive or negative sentiment regarding the issuer's performance or outlook.
Future Outlook
NA
Management Comments
- BlackRock, Inc. certifies that the securities were acquired and are held in the ordinary course of business and were not acquired or held for the purpose or with the effect of changing or influencing the control of Universal Health Services Inc., nor in connection with any transaction having that purpose or effect, other than activities solely in connection with a nomination under SEC Rule 240.14a-11.
Industry Context
This filing reflects a significant institutional investment by BlackRock, one of the world's largest asset managers, in a major healthcare services provider. Such disclosures are standard for large passive investment firms maintaining substantial stakes in publicly traded companies.
Stakeholder Impact
- Shareholders: The disclosure of a significant 8.5% stake held by a major institutional investor like BlackRock can be viewed positively, indicating strong institutional confidence and potentially contributing to market stability for Universal Health Services Inc.'s Class B Common Stock.
Key Dates
| Date | Description |
|---|---|
| 2023-04-30 | Previous Power of Attorney date, now revoked. |
| 2024-12-31 | Date of event requiring the filing of this statement. |
| 2025-01-21 | Date of the new Power of Attorney. |
| 2025-02-05 | Signature date of the Schedule 13G filing. |
Keywords
BlackRock, Universal Health Services, UHS, Class B Common Stock, Beneficial Ownership, Schedule 13G, Institutional Investor, Healthcare, Investment Management
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