UHS has been the subject of a number of other research reports. Mizuho raised its price target on Universal Health Services shares from $151.00 to $164.00 and gave the company a “buy” rating in a Thursday, March 3, report. Wells Fargo & Company assumed coverage for Universal Health Services stocks in a Monday, March 28, research report. They issued an “underweight” rating and a target price of $139.00 on the stock. Barclays cut its price target on Universal Health Services shares from $160.00 to $141.00 and set an “underweight” rating on the stock in a Tuesday, December 21 research report. 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 report. Finally, Citigroup raised its target price on Universal Health Services shares from $162.00 to $167.00 in a Tuesday, March 1 research report. Four investment analysts have assigned the stock a sell rating, five have assigned a hold rating and five have assigned the stock a buy rating. According to data from MarketBeat, Universal Health Services currently has an average rating of “Hold” and a consensus price target of $154.58.
UHS opened at $140.10 on Tuesday. The company has a debt ratio of 0.67, a current ratio of 1.14 and a quick ratio of 1.04. The company has a fifty-day moving average price of $140.87 and a 200-day moving average price of $134.17. Universal Health Services has a 1 year minimum of $116.23 and a 1 year maximum of $165.00. The stock has a market capitalization of $10.48 billion, a P/E ratio of 11.85, a P/E/G ratio of 1.24 and a beta of 1.05.
Universal Health Services (NYSE: UHS – Get a rating) last released its quarterly results on Thursday, February 24. The healthcare service provider reported EPS of $2.95 for the quarter, beating the consensus estimate of $2.83 by $0.12. Universal Health Services posted a net margin of 7.84% and a return on equity of 15.41%. The company posted revenue of $3.28 billion in the quarter, versus analyst estimates of $3.13 billion. In the same quarter of the previous year, the company achieved EPS of $3.59. The company’s revenue increased by 6.1% compared to the same quarter last year. Stock analysts expect Universal Health Services to post EPS of 12.36 for the current year.
Universal Health Services announced that its board of directors authorized a stock repurchase program on Thursday, Feb. 24 that allows the company to repurchase $1.40 billion in outstanding 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.
Separately, director Lawrence S. Gibbs sold 1,307 shares of the company in a trade that took place on Friday, March 11. The shares were sold at an average price of $153.00, for a total transaction of $199,971.00. The transaction was disclosed in a document filed with the SEC, accessible via this hyperlink. Additionally, director Eileen C. Mcdonnell sold 296 shares of the company in a transaction that took place on Monday, February 28. The stock was sold at an average price of $141.17, for a total transaction of $41,786.32. Disclosure of this sale can be found here. 13.40% of the shares are currently held by company insiders.
A number of institutional investors have recently changed their positions in the company. Daiwa Securities Group Inc. increased its stake in Universal Health Services by 1.9% in the fourth quarter. Daiwa Securities Group Inc. now owns 4,501 shares of the healthcare provider valued at $584,000 after buying 85 additional shares in the last quarter. CIBC Asset Management Inc. increased its stake in Universal Health Services by 1.6% in the fourth quarter. CIBC Asset Management Inc. now owns 7,223 shares of the healthcare provider worth $937,000 after buying 117 additional shares in the last quarter. Parsons Capital Management Inc. RI increased its position in Universal Health Services shares by 1.7% during the fourth quarter. Parsons Capital Management Inc. RI now owns 8,612 shares of the healthcare provider worth $1,117,000 after acquiring 144 additional shares in the last quarter. The North Carolina State Treasurer increased its position in Universal Health Services shares by 0.5% during the third quarter. The North Carolina state treasurer now owns 27,649 shares of the healthcare provider worth $3,826,000 after acquiring 149 more shares in the last quarter. Finally, 180 Wealth Advisors LLC increased its position in Universal Health Services shares by 8.7% during the fourth quarter. 180 Wealth Advisors LLC now owns 2,014 shares of the healthcare provider worth $258,000 after acquiring 161 additional shares in the last quarter. Institutional investors hold 86.00% of the company’s shares.
Universal Health Services Company Profile (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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