Avondale Partners cut shares of Universal Health Services Inc. (NYSE:UHS) from an outperform rating to a market perform rating in a report published on Wednesday morning.

UHS has been the subject of a number of other reports. Zacks Investment Research downgraded Universal Health Services from a hold rating to a sell rating in a research note on Tuesday, July 26th. Bank of America Corp. downgraded Universal Health Services from a buy rating to a neutral rating and cut their price objective for the company from $150.00 to $135.00 in a research note on Wednesday, November 9th. Credit Suisse Group AG reissued a hold rating and issued a $130.00 price target on shares of Universal Health Services in a report on Tuesday, August 30th. Mizuho lowered their price target on Universal Health Services from $150.00 to $142.00 and set a buy rating on the stock in a report on Thursday, October 27th. Finally, Leerink Swann reissued a buy rating and issued a $150.00 price target on shares of Universal Health Services in a report on Friday, July 29th. Ten investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Universal Health Services presently has a consensus rating of Hold and a consensus target price of $141.00.

Universal Health Services (NYSE:UHS) opened at 118.74 on Wednesday. Universal Health Services has a 12 month low of $100.82 and a 12 month high of $139.77. The company has a market capitalization of $11.51 billion, a PE ratio of 16.72 and a beta of 1.14. The firm’s 50-day moving average is $121.98 and its 200-day moving average is $128.19.

Universal Health Services (NYSE:UHS) last announced its quarterly earnings data on Wednesday, October 26th. The company reported $1.60 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.68 by $0.08. The company had revenue of $2.61 billion for the quarter, compared to the consensus estimate of $2.40 billion. Universal Health Services had a net margin of 7.31% and a return on equity of 16.35%. The company’s revenue was up 7.0% compared to the same quarter last year. During the same quarter last year, the firm posted $1.53 earnings per share. Equities analysts anticipate that Universal Health Services will post $7.34 EPS for the current fiscal year.

Institutional investors have recently bought and sold shares of the company. Reliance Trust Co. of Delaware increased its position in Universal Health Services by 0.3% in the second quarter. Reliance Trust Co. of Delaware now owns 2,539 shares of the company’s stock worth $341,000 after buying an additional 7 shares during the last quarter. National Planning Corp boosted its stake in shares of Universal Health Services by 0.5% in the second quarter. National Planning Corp now owns 1,725 shares of the company’s stock worth $216,000 after buying an additional 8 shares during the period. Checchi Capital Advisers LLC boosted its stake in shares of Universal Health Services by 1.2% in the second quarter. Checchi Capital Advisers LLC now owns 1,030 shares of the company’s stock worth $138,000 after buying an additional 12 shares during the period. Sequoia Financial Advisors LLC boosted its stake in shares of Universal Health Services by 0.6% in the second quarter. Sequoia Financial Advisors LLC now owns 2,015 shares of the company’s stock worth $270,000 after buying an additional 12 shares during the period. Finally, Hollencrest Securities LLC boosted its stake in shares of Universal Health Services by 0.8% in the second quarter. Hollencrest Securities LLC now owns 2,354 shares of the company’s stock worth $316,000 after buying an additional 18 shares during the period. 84.74% of the stock is currently owned by institutional investors and hedge funds.

Universal Health Services Company Profile

Universal Health Services, Inc is a holding company. The Company, through its subsidiaries, is engaged in owning and operating acute care hospitals, behavioral health centers, surgical hospitals, ambulatory surgery centers and radiation oncology centers. Its segment is acute care hospital services and behavioral healthcare services.

5 Day Chart for NYSE:UHS

Receive News & Stock Ratings for Universal Health Services Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Universal Health Services Inc. and related stocks with our FREE daily email newsletter.