Barclays PLC Reiterates Hold Rating for Universal Health Services Inc. (UHS)
Universal Health Services Inc. (NYSE:UHS)‘s stock had its “hold” rating restated by equities researchers at Barclays PLC in a research note issued to investors on Monday. They presently have a $147.00 price target on the stock. Barclays PLC’s price target indicates a potential upside of 20.10% from the stock’s previous close.
Other research analysts also recently issued reports about the stock. Zacks Investment Research downgraded shares of Universal Health Services from a “hold” rating to a “sell” rating in a report on Tuesday, July 26th. Mizuho lowered their price target on shares of Universal Health Services from $150.00 to $142.00 and set a “buy” rating for the company in a report on Thursday, October 27th. Leerink Swann reiterated a “buy” rating and set a $150.00 price target on shares of Universal Health Services in a report on Friday, July 29th. JPMorgan Chase & Co. upped their price target on shares of Universal Health Services from $138.00 to $150.00 and gave the stock an “overweight” rating in a report on Friday, July 29th. Finally, Avondale Partners downgraded Universal Health Services from an “outperform” rating to a “market perform” rating in a report on Wednesday, November 9th. Ten equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $141.00.
Universal Health Services (NYSE:UHS) traded down 0.07% on Monday, reaching $122.31. The company’s stock had a trading volume of 35,199 shares. The company has a market cap of $11.86 billion, a P/E ratio of 17.23 and a beta of 1.14. Universal Health Services has a 12 month low of $100.82 and a 12 month high of $139.77. The stock’s 50 day moving average price is $121.98 and its 200 day moving average price is $128.19.
Universal Health Services (NYSE:UHS) last announced its quarterly earnings results on Wednesday, October 26th. The company reported $1.60 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.68 by $0.08. The company had revenue of $2.61 billion for the quarter, compared to analyst estimates of $2.40 billion. Universal Health Services had a return on equity of 16.35% and a net margin of 7.31%. The firm’s quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter last year, the company posted $1.53 earnings per share. Equities research analysts forecast that Universal Health Services will post $7.34 earnings per share for the current year.
Several institutional investors have recently added to or reduced their stakes in UHS. Credit Suisse AG boosted its position in Universal Health Services by 10.4% in the third quarter. Credit Suisse AG now owns 139,284 shares of the company’s stock worth $17,162,000 after buying an additional 13,152 shares during the period. Croft Leominster Inc. boosted its position in Universal Health Services by 62.0% in the third quarter. Croft Leominster Inc. now owns 37,734 shares of the company’s stock worth $4,649,000 after buying an additional 14,448 shares during the period. Xact Kapitalforvaltning AB bought a new position in Universal Health Services during the third quarter worth about $1,623,000. 1832 Asset Management L.P. boosted its position in Universal Health Services by 266.9% in the third quarter. 1832 Asset Management L.P. now owns 151,380 shares of the company’s stock worth $18,652,000 after buying an additional 110,118 shares during the period. Finally, TPG Group Holdings SBS Advisors Inc. boosted its position in Universal Health Services by 41.6% in the third quarter. TPG Group Holdings SBS Advisors Inc. now owns 392,254 shares of the company’s stock worth $48,334,000 after buying an additional 115,148 shares during the period. 84.74% of the stock is currently owned by institutional investors.
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.
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