Universal Health Services (NYSE:UHS - Get Free Report) had its price target lifted by investment analysts at Stephens from $210.00 to $223.00 in a note issued to investors on Friday,Benzinga reports. The brokerage presently has an "equal weight" rating on the health services provider's stock. Stephens' target price suggests a potential upside of 27.04% from the company's current price.
A number of other research firms have also recently commented on UHS. Barclays reduced their price objective on Universal Health Services from $271.00 to $249.00 and set an "overweight" rating for the company in a research report on Thursday. The Goldman Sachs Group cut Universal Health Services from a "buy" rating to a "neutral" rating and reduced their price objective for the company from $228.00 to $198.00 in a research report on Monday, December 16th. Cantor Fitzgerald upgraded Universal Health Services from a "neutral" rating to an "overweight" rating in a research report on Monday, February 3rd. StockNews.com cut Universal Health Services from a "strong-buy" rating to a "buy" rating in a research report on Saturday, November 9th. Finally, JPMorgan Chase & Co. reissued a "neutral" rating and set a $226.00 price target on shares of Universal Health Services in a report on Tuesday, December 17th. Six investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $228.77.
Read Our Latest Stock Report on UHS
Universal Health Services Stock Up 0.2 %
Shares of UHS stock traded up $0.28 during mid-day trading on Friday, hitting $175.53. The company's stock had a trading volume of 1,075,868 shares, compared to its average volume of 647,532. Universal Health Services has a 52-week low of $152.68 and a 52-week high of $243.25. The business has a 50-day moving average price of $184.36 and a 200 day moving average price of $204.46. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.28 and a current ratio of 1.39. The stock has a market cap of $11.58 billion, a price-to-earnings ratio of 11.67, a PEG ratio of 0.53 and a beta of 1.30.
Universal Health Services (NYSE:UHS - Get Free Report) last posted its quarterly earnings results on Wednesday, February 26th. The health services provider reported $4.92 earnings per share for the quarter, topping the consensus estimate of $4.21 by $0.71. The firm had revenue of $4.11 billion during the quarter, compared to analysts' expectations of $4.01 billion. Universal Health Services had a return on equity of 15.75% and a net margin of 6.66%. Research analysts predict that Universal Health Services will post 15.92 EPS for the current fiscal year.
Insider Buying and Selling
In related news, Director Maria Ruderman Singer sold 1,614 shares of the stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $191.15, for a total transaction of $308,516.10. Following the completion of the sale, the director now owns 5,879 shares in the company, valued at approximately $1,123,770.85. This trade represents a 21.54 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 16.10% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Universal Health Services
Several institutional investors have recently added to or reduced their stakes in UHS. R Squared Ltd purchased a new position in Universal Health Services during the 4th quarter valued at approximately $29,000. Quent Capital LLC grew its holdings in Universal Health Services by 118.3% during the 4th quarter. Quent Capital LLC now owns 179 shares of the health services provider's stock valued at $32,000 after buying an additional 97 shares in the last quarter. True Wealth Design LLC bought a new stake in shares of Universal Health Services in the 3rd quarter valued at approximately $39,000. Huntington National Bank lifted its stake in shares of Universal Health Services by 414.3% in the 3rd quarter. Huntington National Bank now owns 180 shares of the health services provider's stock valued at $41,000 after purchasing an additional 145 shares during the last quarter. Finally, Campbell Capital Management Inc. bought a new stake in shares of Universal Health Services in the 4th quarter valued at approximately $46,000. Hedge funds and other institutional investors own 86.05% of the company's stock.
About Universal Health Services
(
Get Free Report)
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.
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