Universal Health Services, Inc. (NYSE:UHS) Stock Now Rated “Hold” by Sell-Side Brokerages

by · The Cerbat Gem

Shares of Universal Health Services, Inc. (NYSE:UHS – Get Free Report) have been assigned an average recommendation of “Hold” from the eighteen analysts that are currently covering the firm, MarketBeat reports. Twelve analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $204.94.

A number of brokerages recently issued reports on UHS. Weiss Ratings upgraded shares of Universal Health Services from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, October 14th. Morgan Stanley lowered their target price on shares of Universal Health Services from $212.00 to $191.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 29th. Wells Fargo & Company boosted their price target on shares of Universal Health Services from $165.00 to $166.00 and gave the stock an “equal weight” rating in a research report on Monday, July 13th. UBS Group reaffirmed a “buy” rating on shares of Universal Health Services in a research note on Monday, August 31st. Finally, The Goldman Sachs Group decreased their price objective on shares of Universal Health Services from $242.00 to $190.00 and set a “neutral” rating for the company in a report on Thursday, July 30th.

Get Our Latest Stock Analysis on UHS

Universal Health Services Trading Up 1.8%

NYSE:UHS opened at $185.59 on Wednesday. Universal Health Services has a 1 year low of $140.08 and a 1 year high of $246.32. The stock has a market cap of $10.94 billion, a price-to-earnings ratio of 7.56, a PEG ratio of 1.13 and a beta of 1.03. The business has a fifty day moving average of $175.87 and a 200-day moving average of $166.29. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.04 and a current ratio of 1.12.

Universal Health Services (NYSE:UHS – Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The health services provider reported $5.98 EPS for the quarter, beating analysts’ consensus estimates of $5.94 by $0.04. Universal Health Services had a return on equity of 19.39% and a net margin of 8.42%. The company had revenue of $4.64 billion for the quarter, compared to analyst estimates of $4.58 billion. During the same period last year, the company earned $5.35 earnings per share. The company’s quarterly revenue was up 8.3% compared to the same quarter last year. Equities analysts predict that Universal Health Services will post 22.86 earnings per share for the current year.

Institutional Investors Weigh In On Universal Health Services

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Triad Wealth Partners LLC boosted its stake in Universal Health Services by 3.4% during the 1st quarter. Triad Wealth Partners LLC now owns 1,858 shares of the health services provider’s stock valued at $333,000 after purchasing an additional 61 shares in the last quarter. Kestra Private Wealth Services LLC increased its position in shares of Universal Health Services by 5.4% during the 1st quarter. Kestra Private Wealth Services LLC now owns 1,361 shares of the health services provider’s stock valued at $244,000 after purchasing an additional 70 shares during the period. Mufg Securities Americas Inc. increased its position in shares of Universal Health Services by 5.0% during the 2nd quarter. Mufg Securities Americas Inc. now owns 1,605 shares of the health services provider’s stock valued at $239,000 after purchasing an additional 77 shares during the period. CENTRAL TRUST Co increased its position in shares of Universal Health Services by 107.1% during the 1st quarter. CENTRAL TRUST Co now owns 174 shares of the health services provider’s stock valued at $31,000 after purchasing an additional 90 shares during the period. Finally, Kesler Norman & Wride LLC raised its stake in shares of Universal Health Services by 1.8% in the 1st quarter. Kesler Norman & Wride LLC now owns 5,144 shares of the health services provider’s stock worth $921,000 after buying an additional 93 shares in the last quarter. Institutional investors own 86.05% of the company’s stock.

About Universal Health Services

(Get Free Report)

Universal Health Services, Inc (NYSE: UHS) is a healthcare services company that owns and operates hospitals, outpatient facilities and other healthcare providers. Its operations are focused primarily on acute care and behavioral health services.

The company’s acute care operations include general and specialty hospitals, ambulatory surgery centers, emergency departments, physician practices and other outpatient services. Its behavioral health business provides inpatient and outpatient treatment for mental health conditions, substance-use disorders and related needs.

Universal Health Services serves patients across the United States and Puerto Rico, with additional behavioral health operations in the United Kingdom.

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