Universal Health Services' (UHS) Neutral Rating Reiterated at JPMorgan Chase & Co.

Universal Health Services (NYSE:UHS - Get Free Report)'s stock had its "neutral" rating reiterated by analysts at JPMorgan Chase & Co. in a note issued to investors on Tuesday, MarketBeat reports. They presently have a $226.00 price objective on the health services provider's stock. JPMorgan Chase & Co.'s price target would suggest a potential upside of 23.77% from the company's current price.

A number of other equities research analysts have also recently weighed in on UHS. Bank of America assumed coverage on Universal Health Services in a research note on Wednesday, November 6th. They issued a "neutral" rating and a $223.00 price objective for the company. Cantor Fitzgerald reissued a "neutral" rating and set a $219.00 price target on shares of Universal Health Services in a research note on Friday, October 25th. Royal Bank of Canada reduced their price target on Universal Health Services from $222.00 to $211.00 and set a "sector perform" rating on the stock in a research note on Monday, October 28th. TD Cowen reduced their price target on Universal Health Services from $275.00 to $251.00 and set a "buy" rating on the stock in a research note on Tuesday, November 26th. Finally, StockNews.com lowered Universal Health Services from a "strong-buy" rating to a "buy" rating in a research report on Saturday, November 9th. Seven equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $226.14.

Universal Health Services Trading Down 0.8 %

Shares of NYSE:UHS traded down $1.56 during midday trading on Tuesday, reaching $182.60. 645,609 shares of the company's stock were exchanged, compared to its average volume of 680,401. The firm's 50 day simple moving average is $206.97 and its two-hundred day simple moving average is $208.55. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.39 and a quick ratio of 1.28. The stock has a market cap of $12.05 billion, a price-to-earnings ratio of 12.09, a P/E/G ratio of 0.60 and a beta of 1.28. Universal Health Services has a fifty-two week low of $147.33 and a fifty-two week high of $243.25.

Universal Health Services (NYSE:UHS - Get Free Report) last released its earnings results on Thursday, October 24th. The health services provider reported $3.71 earnings per share for the quarter, missing the consensus estimate of $3.75 by ($0.04). Universal Health Services had a net margin of 6.66% and a return on equity of 15.75%. The firm had revenue of $3.96 billion during the quarter, compared to analyst estimates of $3.90 billion. During the same period in the prior year, the firm earned $2.55 earnings per share. The business's revenue was up 11.3% compared to the same quarter last year. As a group, sell-side analysts forecast that Universal Health Services will post 15.88 EPS for the current fiscal year.

Insider Activity

In related news, Director Maria Ruderman Singer sold 1,614 shares of Universal Health Services stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $191.15, for a total value of $308,516.10. Following the completion of the sale, the director now owns 5,879 shares of the company's stock, valued at approximately $1,123,770.85. The trade was a 21.54 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 16.10% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Universal Health Services

Institutional investors and hedge funds have recently modified their holdings of the business. Cerity Partners LLC lifted its stake in shares of Universal Health Services by 86.4% in the 3rd quarter. Cerity Partners LLC now owns 21,047 shares of the health services provider's stock valued at $4,820,000 after purchasing an additional 9,755 shares during the last quarter. Vestcor Inc lifted its position in Universal Health Services by 1,436.5% during the 3rd quarter. Vestcor Inc now owns 54,070 shares of the health services provider's stock worth $12,383,000 after acquiring an additional 50,551 shares during the last quarter. Eagle Asset Management Inc. acquired a new position in Universal Health Services during the 3rd quarter worth $13,496,000. Victory Capital Management Inc. lifted its position in Universal Health Services by 174.3% during the 3rd quarter. Victory Capital Management Inc. now owns 41,623 shares of the health services provider's stock worth $9,532,000 after acquiring an additional 26,447 shares during the last quarter. Finally, Zacks Investment Management acquired a new position in Universal Health Services during the 3rd quarter worth $2,794,000. Institutional investors and hedge funds own 86.05% of the company's stock.

About Universal Health Services

Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities. It operates through Acute Care Hospital Services and Behavioral Health Care Services segments. The company's hospitals offer general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic and coronary care, pediatric services, pharmacy services, and/or behavioral health services.