Universal Health Services, Inc. (NYSE:UHS) Received a Consensus Rating of “Hold” by Analysts
Shares of Universal Health Services, Inc. (NYSE: UHS – Get an assessment) received an average rating of “Hold” by the seventeen rating agencies that cover the stock, reports Marketbeat Ratings. Four research analysts rated the stock with a sell recommendation, four gave the company a hold recommendation and four gave the company a buy recommendation. The 12-month average price target among analysts who have rated the stock over the past year is $130.64.
Several brokerages have recently released reports on UHS. Goldman Sachs Group cut its price target on Universal Health Services shares from $125.00 to $110.00 and placed a “sell” rating on the stock in a Tuesday, July 12 report. Stephens cut his price target on Universal Health Services stock to $105.00 in a Monday, July 4 report. Wells Fargo & Company cut its price target on Universal Health Services stock from $139.00 to $118.00 in a Thursday, April 28 report. Credit Suisse Group cut its price target on Universal Health Services shares from $156.00 to $141.00 and set an “outperform” rating on the stock in a Friday, July 1, report. Finally, TheStreet downgraded shares of Universal Health Services from a “b-” rating to a “c+” rating in a Tuesday, June 21 report.
Hedge funds weigh on universal health services
Institutional investors and hedge funds have recently increased or reduced their stakes in the company. AustralianSuper Pty Ltd increased its stake in Universal Health Services by 16.2% in the fourth quarter. AustralianSuper Pty Ltd now owns 113,421 shares of the healthcare provider valued at $15,178,000 after buying an additional 15,790 shares in the last quarter. Steph & Co. increased its stake in Universal Health Services by 13.2% in the fourth quarter. Steph & Co. now owns 2,035 shares of the healthcare provider valued at $264,000 after buying 238 additional shares in the last quarter. National Bank of Canada FI acquired a new stake in Universal Health Services in the fourth quarter valued at approximately $32,000. Oak Thistle LLC acquired a new stake in Universal Health Services in the fourth quarter worth approximately $477,000. Finally, Atalanta Sosnoff Capital LLC acquired a new stake in Universal Health Services in the fourth quarter worth approximately $7,687,000. 89.41% of the shares are held by institutional investors and hedge funds.
Universal health services trade up 2.8%
UHS shares opened at $103.05 on Friday. The stock’s fifty-day moving average is $113.30 and its two-hundred-day moving average is $129.57. The company has a debt ratio of 0.71, a quick ratio of 0.98 and a current ratio of 1.07. The company has a market capitalization of $7.71 billion, a P/E ratio of 9.03, a PEG ratio of 4.45 and a beta of 1.16. Universal Health Services has a fifty-two week minimum of $98.63 and a fifty-two week maximum of $165.00.
Universal Health Services (NYSE: UHS – Get an assessment) last released its quarterly results on Monday, April 25. The healthcare provider reported EPS of $2.15 for the quarter, missing the consensus estimate of $2.47 per ($0.32). Universal Health Services had a return on equity of 15.06% and a net margin of 7.25%. The company posted revenue of $3.29 billion for the quarter, versus $3.24 billion expected by analysts. In the same quarter of the previous year, the company achieved EPS of $2.44. The company’s revenue increased 9.3% year over year. Research analysts expect Universal Health Services to post earnings per share of 9.68 for the current fiscal year.
Universal Health Services Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, June 15. Investors of record on Wednesday June 1 received a dividend of $0.20. This represents a dividend of $0.80 on an annualized basis and a yield of 0.78%. The ex-dividend date was Tuesday, May 31. Universal Health Services’ dividend payout ratio (DPR) is 7.01%.
About Universal Health Services
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.
This instant alert was powered by MarketBeat’s narrative science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to [email protected]
Should you invest $1,000 in universal health services right now?
Before you consider universal health services, you’ll want to hear this.
MarketBeat tracks Wall Street’s top-rated, top-performing research analysts daily and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market goes viral…and Universal Health Services was not on the list.
While Universal Health Services currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
See the 5 actions here