Universal health services (NYSE: UHS – Get a rating) had its price target raised by Mizuho equity researchers from $121.00 to $126.00 in a report on Wednesday, Benzinga reports. The company currently has a “buy” rating on shares of the healthcare provider. Mizuho’s price target would suggest a potential upside of 8.54% from the company’s previous close.
Several other stock analysts also commented on the UHS. StockNews.com upgraded Universal Health Services from a “hold” rating to a “buy” rating in a Thursday, Oct. 27 research note. SVB Leerink raised its price target on Universal Health Services shares from $98.00 to $114.00 and gave the company a “market performance” rating in a Thursday, Oct. 27 report. BMO Capital Markets downgraded shares of Universal Health Services from a “market performer” rating to an “underperformer” rating and lowered its price target for the company from $133.00 to 90.00 $ in a research note from Wednesday, July 6. Goldman Sachs Group cut its price target on Universal Health Services shares from $125.00 to $110.00 and set a “sell” rating on the stock in a Tuesday, July 12 report. Finally, Deutsche Bank Aktiengesellschaft lowered its target price on universal health services from $160.00 to $130.00 in a Wednesday, July 27 report. Five research analysts gave the stock a sell rating, three gave the company a hold rating and five gave the company a buy rating. According to MarketBeat, Universal Health Services currently has a consensus rating of “Hold” and an average price target of $119.86.
Universal health services are trading down 1.0%
UHS traded down $1.23 in Wednesday’s trading, hitting $116.09. The company had a trading volume of 255 shares, compared to its average volume of 827,409. The company has a quick ratio of 1.15, a current ratio of 1.27 and a leverage ratio of 0.79 . Universal Health Services has a 52-week minimum of $82.50 and a 52-week maximum of $158.28. The stock has a market capitalization of $8.47 billion, a P/E ratio of 11.99, a PEG ratio of 4.03 and a beta of 1.19. The company has a 50-day simple moving average of $97.45 and a 200-day simple moving average of $109.50.
Universal health services (NYSE: UHS – Get a rating) last released its quarterly earnings data on Tuesday, October 25. The healthcare provider reported earnings per share of $2.54 for the quarter, beating analyst consensus estimates of $2.40 by $0.14. The company posted revenue of $3.34 billion for the quarter, versus analyst estimates of $3.28 billion. Universal Health Services posted a net margin of 5.59% and a return on equity of 12.49%. The company’s revenue for the quarter increased 5.7% year over year. During the same period a year earlier, the company posted EPS of $2.67. On average, stock analysts expect Universal Health Services to post EPS of 9.89 for the current fiscal year.
Institutional trade in universal health services
Hedge funds have recently increased or reduced their stakes in the company. Montag A & Associates Inc. bought a new position in Universal Health Services during the second quarter at a value of $29,000. Spire Wealth Management increased its stake in Universal Health Services by 131.1% in Q1. Spire Wealth Management now owns 208 shares of the healthcare provider valued at $30,000 after buying 118 more shares last quarter. Parallel Advisors LLC increased its stake in Universal Health Services by 50.6% in 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. Wipfli Financial Advisors LLC acquired a new stake in Universal Health Services during Q3 for a value of approximately $40,000. Finally, Dupont Capital Management Corp increased its stake in shares of Universal Health Services by 41.3% during the third quarter. Dupont Capital Management Corp now owns 472 shares of the healthcare provider worth $42,000 after acquiring 138 more shares in the last quarter. 88.93% of the shares are held by hedge funds and other institutional investors.
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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