Several other brokerages have also recently weighed in on UHS. Loop Capital began covering Universal Health Services stocks in a research note on Thursday, June 16. They issued a holding rating and price target of $115.00 on the stock. Mizuho lowered its price target on Universal Health Services stock from $153.00 to $121.00 and set a buy rating on the stock in a research note on Friday. Royal Bank of Canada lowered its target price on Universal Health Services shares from $149.00 to $130.00 in a Wednesday, April 27 research note. SVB Leerink cut its price target on Universal Health Services stock from $132.00 to $108.00 and set a market performance rating on the stock in a Thursday, June 30 research note. Finally, Credit Suisse Group lowered its price target on Universal Health Services shares from $156.00 to $141.00 and set an outperform rating for the stock in a research note on Friday. Four research analysts gave the stock a sell rating, four gave the company a hold rating and six gave the company a buy rating. Based on data from MarketBeat, the company currently has a consensus rating of Hold and an average target price of $139.57.
Shares of NYSE: UHS opened at $105.97 on Monday. The company’s 50-day moving average price is $117.35 and its 200-day moving average price is $131.21. Universal Health Services has a 12-month minimum of $98.89 and a 12-month maximum of $165.00. The company has a quick ratio of 0.98, a current ratio of 1.07 and a debt ratio of 0.71. The stock has a market capitalization of $7.93 billion, a PE ratio of 9.29, a price-to-growth earnings ratio of 4.64 and a beta of 1.16.
Universal health services (NYSE: UHS – Get a rating) last released its quarterly earnings data on Monday, April 25. The healthcare provider reported earnings per share 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 in the quarter, versus a consensus estimate of $3.24 billion. In the same quarter last year, the company achieved EPS of $2.44. Universal Health Services revenue for the quarter increased 9.3% year over year. Analysts expect Universal Health Services to post earnings per share of 9.8 for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 15. Shareholders of record on Wednesday, June 1 received a dividend of $0.20 per share. This represents an annualized dividend of $0.80 and a dividend yield of 0.75%. The ex-dividend date was Tuesday, May 31. Universal Health Services’ payout ratio is currently 7.01%.
Several institutional investors have recently increased or reduced their stake in the company. Fifth Third Bancorp increased its position in Universal Health Services shares by 10.9% in the first quarter. Fifth Third Bancorp now owns 692 shares of the healthcare provider valued at $100,000 after buying 68 more shares in the last quarter. Parallel Advisors LLC increased its holdings of Universal Health Services stock by 50.6% in the first quarter. Parallel Advisors LLC now owns 244 shares of the healthcare provider worth $36,000 after buying 82 more shares in the last quarter. Brinker Capital Investments LLC increased its holdings of Universal Health Services shares 2.5% in the first quarter. Brinker Capital Investments LLC now owns 3,375 shares of the healthcare provider valued at $489,000 after buying 83 additional shares last quarter. Daiwa Securities Group Inc. increased its holdings of Universal Health Services shares 1.9% in the fourth quarter. Daiwa Securities Group Inc. now owns 4,501 shares of the healthcare provider valued at $584,000 after buying 85 additional shares last quarter. Finally, Dean Investment Associates LLC increased its holdings of Universal Health Services shares by 3.0% in the first quarter. Dean Investment Associates LLC now owns 3,241 shares of the healthcare provider valued at $470,000 after buying 93 additional shares last quarter. Hedge funds and other institutional investors own 89.41% of the company’s shares.
About Universal Health Services (Get a rating)
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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