Stephens raises price target for Universal Health Services (NYSE: UHS) to $110.00

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Universal Health Services (NYSE: UHS – Get a rating) had its target price raised by Stephens stock analysts to $110.00 in a research report released Wednesday to clients and investors, Target Stock Advisor reports. The company currently has an “outperform” rating on shares of the healthcare provider. Stephens’ price target would indicate a potential upside of 0.69% from the company’s current price.

Other analysts have also recently published research reports on the company. Loop Capital began universal health services coverage in a research note on Thursday, June 16. They set a “hold” rating and a target price of $115.00 on the stock. StockNews.com downgraded Universal Health Services from a “buy” rating to a “hold” rating in a Friday, April 29 research note. Credit Suisse Group set a target price of $135.00 on universal health services in a Tuesday, July 19 report. SVB Leerink cut its price target on Universal Health Services from $108.00 to $103.00 and set a “market performance” rating on the stock in a Friday July 15 report. Finally, Mizuho cut its price target on Universal Health Services stock from $153.00 to $121.00 and set a “buy” rating for the company in a Friday, July 1 research note. Five analysts have rated the stock with a sell rating, four have issued a hold rating and six have assigned the company’s stock a buy rating. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $123.43.

Stock of universal health services down 0.1%

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NYSE UHS traded at $0.11 midday on Wednesday, hitting $109.25. 27,973 shares of the company were traded, compared to its average volume of 874,345. Universal Health Services has a 1-year low of $98.63 and a 1-year high of $165.00. The company has a fifty-day simple moving average of $111.04 and a 200-day simple moving average of $128.43. The company has a current ratio of 1.07, a quick ratio of 0.98 and a debt ratio of 0.71. The company has a market capitalization of $8.17 billion, a price/earnings ratio of 11.14, a P/E/G ratio of 4.95 and a beta of 1.16.

Universal Health Services (NYSE: UHS – Get a rating) last released its results on Monday, July 25. The healthcare provider reported EPS of $2.20 for the quarter, beating analysts’ consensus estimate of $2.10 by $0.10. Universal Health Services had a return on equity of 12.74% and a net margin of 5.94%. The company posted revenue of $3.32 billion for the quarter, versus a consensus estimate of $3.27 billion. In the same quarter last year, the company posted EPS of $3.76. Universal Health Services quarterly revenue increased 3.9% compared to the same quarter last year. As a group, equity research analysts expect Universal Health Services to post EPS of 9.55 for the current year.

Institutional investors weigh in on universal health services

Several hedge funds and other institutional investors have recently changed their positions in UHS. Spire Wealth Management increased its position in Universal Health Services by 131.1% in Q1. Spire Wealth Management now owns 208 shares of the healthcare provider worth $30,000 after buying 118 more shares last quarter. Parallel Advisors LLC increased its position in Universal Health Services by 50.6% in Q1. Parallel Advisors LLC now owns 244 shares of the healthcare provider worth $36,000 after buying 82 more shares in the last quarter. National Bank of Canada FI bought a new stake in Universal Health Services in the 4th quarter for a value of approximately $32,000. Quent Capital LLC bought a new stake in Universal Health Services in the 4th quarter for a value of approximately $43,000. Finally, Ancora Advisors LLC increased its position in Universal Health Services by 33.3% in the 1st quarter. Ancora Advisors LLC now owns 400 shares of the healthcare provider worth $53,000 after buying an additional 100 shares in the last quarter. 89.41% of the shares are held by institutional investors.

Universal Health Services Company Profile

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Universal Health Services, Inc., through its subsidiaries, owns and operates acute care hospitals and ambulatory and behavioral health care facilities. The Company operates through the Acute Care Hospital Services and Behavioral Health Care Services segments. Its hospitals offer general and specialized surgery, internal medicine, obstetrics, emergency care, radiology, oncology, diagnostic and coronary care, pediatrics, pharmacy and/or behavioral health.

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