Shares of Universal Health Services, Inc. (NYSE: UHS – Get a rating) received an average recommendation of “Hold” by the fifteen rating agencies that currently cover the company, market beat reports. Four analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and four have assigned the company a buy recommendation. The 12-month average target price among analysts who have covered the stock over the past year is $154.58.
Several research analysts have recently released reports on UHS stocks. Barclays cut its price target on Universal Health Services from $160.00 to $141.00 and set an “underweight” rating for the company in a Tuesday, Dec. 21 research note. Seaport Res Ptn downgraded shares of Universal Health Services from a “buy” rating to a “neutral” rating in a Sunday, February 27 research rating. Citigroup raised its target price on shares of Universal Health Services from $162.00 to $167.00 in a Tuesday, March 1 research note. SVB Leerink raised its price target on Universal Health Services shares from $136.00 to $139.00 and gave the company a “market performance” rating in a Monday, Feb. 28 research note. Finally, UBS Group raised its price target on Universal Health Services shares from $124.00 to $134.00 and gave the company a “sell” rating in a Monday, March 7 research note. .
Separately, director Lawrence S. Gibbs sold 1,307 shares of the company in a trade on Friday, March 11. The stock was sold at an average price of $153.00, for a total transaction of $199,971.00. The sale was disclosed in a filing with the Securities & Exchange Commission, available via this hyperlink. Additionally, director Eileen C. Mcdonnell sold 296 shares of the company in a transaction on Monday, February 28. The stock was sold at an average price of $141.17, for a total value of $41,786.32. Disclosure of this sale can be found here. 13.40% of the shares are currently held by insiders.
Several large investors have recently increased or reduced their stake in the company. CHURCHILL MANAGEMENT Corp bought a new position in Universal Health Services during the first quarter, valued at around $9,125,000. Atalanta Sosnoff Capital LLC increased its equity stake in Universal Health Services by 17.6% in the first quarter. Atalanta Sosnoff Capital LLC now owns 69,710 shares of the healthcare provider valued at $10,104,000 after buying an additional 10,425 shares in the last quarter. DNB Asset Management AS bought a new stake in shares of Universal Health Services during the first quarter at a value of $1,645,000. Pacer Advisors Inc. increased its holdings of Universal Health Services stock by 93.5% in the first quarter. Pacer Advisors Inc. now owns 7,256 shares of the healthcare provider valued at $1,052,000 after buying 3,506 additional shares in the last quarter. Finally, Birch Capital Management LLC increased its equity stake in Universal Health Services by 144.4% during the first quarter. Birch Capital Management LLC now owns 1,953 shares of the healthcare provider valued at $283,000 after buying 1,154 additional shares in the last quarter. 86.00% of the shares are held by institutional investors.
Stock of universal health services traded down $0.35 in Friday’s midday session, hitting $148.92. The company’s stock had a trading volume of 4,583 shares, compared to an average volume of 671,775. Universal Health Services has a fifty-two-week low of $116.23 and a high of $165.00 on fifty-two weeks. The company has a debt ratio of 0.67, a quick ratio of 1.04 and a current ratio of 1.14. The stock’s 50-day simple moving average is $142.64 and its 200-day simple moving average is $134.22. The company has a market capitalization of $11.14 billion, a PE ratio of 12.63, a P/E/G ratio of 1.24 and a beta of 1.06.
Universal health services (NYSE: UHS – Get a rating) last released its results on Thursday, February 24. The healthcare service provider reported EPS of $2.95 for the quarter, beating consensus analyst estimates of $2.83 by $0.12. The company posted revenue of $3.28 billion in the quarter, versus a consensus estimate of $3.13 billion. Universal Health Services had a return on equity of 15.41% and a net margin of 7.84%. Universal Health Services quarterly revenue increased 6.1% compared to the same quarter last year. In the same quarter last year, the company earned earnings per share of $3.59. Stock analysts predict Universal Health Services will post earnings per share of 12.5 for the current year.
Universal Health Services announced that its board of directors launched a stock repurchase program on Thursday, Feb. 24 that sees the company repurchase $1.40 billion in stock. This repurchase authorization allows the health service provider to purchase up to 12.1% of its shares through open market purchases. Stock buyback programs are usually a sign that the company’s board believes its stock is undervalued.
The company also recently announced a quarterly dividend, which was paid on Tuesday, March 15. Shareholders of record on Tuesday, March 1 received a dividend of $0.20 per share. This represents a dividend of $0.80 on an annualized basis and a dividend yield of 0.54%. The ex-dividend date was Monday, February 28. Universal Health Services’ payout ratio is currently 6.77%.
About Universal Health Services (Get a rating)
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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