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 Video: What is a Stock Split?
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| Universal Health Services is a holding company. Co.'s principal business is owning and operating, through its subsidiaries, acute care hospitals and outpatient facilities and behavioral health care facilities. Services provided by Co.'s hospitals include 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. Co. provides capital resources as well as a variety of management services to its facilities, including central purchasing, information services, finance and control systems, facilities planning and physician recruitment services. According to our UHS split history records, Universal Health Services has had 3 splits. | |
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Universal Health Services (UHS) has 3 splits in our UHS split history database. The first split for UHS took place on May 20, 1996. This was a 2 for 1
split, meaning for each share of UHS owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split. UHS's second split took place on June 04, 2001. This was a 2 for 1 split, meaning for each share of UHS owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split. UHS's third split took place on December 16, 2009. This was a 2 for 1 split, meaning for each share of UHS owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split.
When a company such as Universal Health Services splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the UHS split history from start to finish, an original position size of 1000 shares would have turned into 8000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Universal Health Services shares, starting with a $10,000 purchase of UHS, presented on a split-history-adjusted basis factoring in the complete UHS split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/24/2014 |
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| End date: |
04/22/2024 |
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| Start price/share: |
$78.12 |
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| End price/share: |
$161.13 |
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| Starting shares: |
128.01 |
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| Ending shares: |
133.36 |
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| Dividends reinvested/share: |
$5.25 |
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| Total return: |
114.88% |
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| Average Annual Total Return: |
7.95% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$21,494.01 |
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| Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/24/2014 |
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| End date: |
04/22/2024 |
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| Start price/share: |
$78.12 |
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| End price/share: |
$161.13 |
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| Dividends collected/share: |
$5.25 |
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| Total return: |
112.98% |
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| Average Annual Total Return: |
7.85% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$21,295.68 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 05/20/1996 | 2 for 1
| | 06/04/2001 | 2 for 1 | | 12/16/2009 | 2 for 1 |
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