Universal health services (NYSE: UHS – Get a rating) had its price target raised by Stephens stock analysts to $110.00 in a research note released Wednesday to investors, Target Stock Advisor reports. The company currently has an “outperform” rating on shares of the healthcare provider. Stephens’ target price would suggest a potential decline of 1.59% from the company’s previous close.
Several other research analysts have also recently commented on UHS. UBS Group raised its price target on Universal Health Services shares to $105.00 in a research note on Tuesday. StockNews.com downgraded shares of Universal Health Services from a “buy” rating to a “hold” rating in a Friday, April 29 research report. Goldman Sachs Group cut its price target on Universal Health Services stock from $125.00 to $110.00 and set a “sell” rating on the stock in a Tuesday, July 12 research report. TheStreet downgraded shares of Universal Health Services from a “b-” rating to a “c+” rating in a Tuesday, June 21 research report. Finally, SVB Leerink cut its price target on Universal Health Services shares from $108.00 to $103.00 and set a “market performance” rating on the stock in a Friday research report. July 15th. Five analysts gave the stock a sell rating, four gave the company a hold rating and five gave the company a buy rating. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $124.00.
Universal health services trade up 2.3%
UHS stock opened at $111.78 on Wednesday. The company has a market capitalization of $8.36 billion, a PE ratio of 11.38, a P/E/G ratio of 4.95 and a beta of 1.16. Universal health services have a 12-month minimum of $98.63 and a 12-month maximum of $162.23. The company’s 50-day moving average is $110.84 and its 200-day moving average is $128.30. The company has a debt ratio of 0.71, a current ratio of 1.07 and a quick ratio of 0.98.
Universal health services (NYSE: UHS – Get a rating) last released its quarterly results on Monday, July 25. The healthcare service provider reported EPS of $2.20 for the quarter, beating the consensus estimate of $2.10 by $0.10. The company posted revenue of $3.32 billion for the quarter, versus a consensus estimate of $3.27 billion. Universal Health Services posted a net margin of 5.94% and a return on equity of 12.74%. The company’s revenue increased by 3.9% compared to the same quarter last year. In the same quarter last year, the company posted EPS of $3.76. On average, research analysts expect Universal Health Services to post 9.55 EPS for the current year.
Institutional trade in universal health services
A number of institutional investors have been buying and selling stocks recently. National Bank of Canada FI increased its stake in Universal Health Services by 4,969.3% in the second quarter. National Bank of Canada FI now owns 511,950 shares of the healthcare provider worth $51,636,000 after buying an additional 501,851 shares last quarter. Deroy & Devereaux Private Investment Counsel Inc. increased its stake in Universal Health Services by 2.3% in the second quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 28,345 shares of the healthcare provider worth $2,855,000 after buying an additional 635 shares in the last quarter. Cambria Investment Management LP increased its stake in Universal Health Services by 11.1% in the second quarter. Cambria Investment Management LP now owns 40,140 shares of the healthcare provider worth $4,042,000 after buying an additional 4,014 shares last quarter. Versor Investments LP acquired a new stake in Universal Health Services in Q2 worth approximately $1,287,000. Finally, Robeco Institutional Asset Management BV increased its stake in Universal Health Services by 75.1% in the 2nd quarter. Robeco Institutional Asset Management BV now owns 10,712 shares of the healthcare provider worth $1,078,000 after buying an additional 4,594 shares in the last quarter. 89.41% of the shares are currently held by institutional investors and hedge funds.
Universal Health Services Company Profile
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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