Universal Health Services (NYSE:UHS) price target raised to $114.00 at SVB Leerink

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Universal health services (NYSE: UHSGet a rating) had its price target raised by stock analysts SVB Leerink from $98.00 to $114.00 in a research note released Thursday to investors, Target Stock Advisor reports. The company currently has a “market performance” rating on shares of the healthcare provider. SVB Leerink’s price target would suggest a potential upside of 4.23% from the current share price.

Several other analysts have also recently published reports on UHS. UBS Group raised its price target on Universal Health Services shares to $105.00 in a Tuesday, July 26 research report. StockNews.com launched universal health service coverage in a Wednesday, October 12 research note. They have set a “holding” rating on the stock. Goldman Sachs Group lowered its price target on Universal Health Services from $125.00 to $110.00 and set a “sell” rating on the stock in a Tuesday, July 12 research note. Stephens raised his price target on Universal Health Services to $110.00 and gave the stock an “outperform” rating in a Wednesday, July 27 research note. Finally, BMO Capital Markets downgraded Universal Health Services from a “market performance” rating to an “underperformance” rating and lowered its price target for the company from $133.00 to 90.00. $ in a research note from Wednesday, July 6. Five investment analysts gave the stock a sell rating, four issued a hold rating and four issued a buy rating. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $119.50.

Performance of universal health services actions

NYSE UHS opened at $109.37 on Thursday. The company has a fifty-day simple moving average of $96.91 and a 200-day simple moving average of $110.50. Universal Health Services has a 12-month minimum of $82.50 and a 12-month maximum of $158.28. The company has a current ratio of 1.22, a quick ratio of 1.12 and a debt ratio of 0.78. The company has a market capitalization of $7.98 billion, a P/E ratio of 11.25, a PEG ratio of 2.83 and a beta of 1.19.

Universal health services (NYSE: UHSGet a rating) last released its quarterly results on Tuesday, October 25. The healthcare service provider reported earnings per share (EPS) of $2.54 for the quarter, beating the consensus estimate of $2.40 by $0.14. Universal Health Services posted a net margin of 5.94% and a return on equity of 12.88%. The company posted revenue of $3.34 billion in the quarter, versus a consensus estimate of $3.28 billion. During the same quarter last year, the company posted EPS of $2.67. Universal Health Services revenue increased 5.7% compared to the same quarter last year. Sell-side analysts expect Universal Health Services to post earnings per share of 9.89 for the current fiscal year.

Institutional investors weigh in on universal health services

A number of institutional investors and hedge funds have recently changed their holdings in the company. Fifth Third Bancorp increased its stake in shares of Universal Health Services by 10.9% during the 1st quarter. Fifth Third Bancorp now owns 692 shares of the healthcare provider worth $100,000 after acquiring 68 more shares in the last quarter. Parallel Advisors LLC increased its stake in Universal Health Services by 50.6% during the 1st quarter. Parallel Advisors LLC now owns 244 shares of the healthcare provider worth $36,000 after buying 82 more shares in the last quarter. Brinker Capital Investments LLC increased its stake in shares of Universal Health Services by 2.5% in the first quarter. Brinker Capital Investments LLC now owns 3,375 shares of the healthcare provider worth $489,000 after buying 83 additional shares in the last quarter. Dean Investment Associates LLC increased its stake in Universal Health Services by 3.0% in the 1st quarter. Dean Investment Associates LLC now owns 3,241 shares of the healthcare provider worth $470,000 after buying 93 additional shares during the period. Finally, Mutual of America Capital Management LLC increased its holding in shares of Universal Health Services by 1.0% during the first quarter. Mutual of America Capital Management LLC now owns 9,750 shares of the healthcare provider valued at $1,413,000 after acquiring 98 additional shares in the last quarter. 88.93% of the shares are held by institutional investors.

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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