Traders sold shares of Universal Health Services, Inc. (NYSE:UHS) on strength during trading on Friday. $22.72 million flowed into the stock on the tick-up and $79.30 million flowed out of the stock on the tick-down, for a money net flow of $56.58 million out of the stock. Of all companies tracked, Universal Health Services had the 9th highest net out-flow for the day. Universal Health Services traded up $2.31 for the day and closed at $112.85

UHS has been the topic of several research reports. BidaskClub downgraded Universal Health Services from a “hold” rating to a “sell” rating in a research report on Tuesday, August 1st. Morgan Stanley cut their target price on Universal Health Services from $120.00 to $114.00 and set an “equal weight” rating on the stock in a research report on Thursday, August 17th. Zacks Investment Research raised Universal Health Services from a “sell” rating to a “hold” rating in a research report on Tuesday, August 8th. Leerink Swann upped their target price on Universal Health Services from $130.00 to $132.00 and gave the company an “outperform” rating in a research report on Friday, September 22nd. Finally, Royal Bank Of Canada reissued a “buy” rating and issued a $147.00 target price on shares of Universal Health Services in a research report on Tuesday, October 3rd. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have given a buy rating to the stock. Universal Health Services presently has a consensus rating of “Hold” and a consensus target price of $132.64.

The stock has a market cap of $10.79 billion, a price-to-earnings ratio of 15.34 and a beta of 1.03. The stock has a 50 day moving average of $109.55 and a 200-day moving average of $115.03.

Universal Health Services (NYSE:UHS) last issued its quarterly earnings results on Tuesday, July 25th. The health services provider reported $1.94 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.06 by ($0.12). Universal Health Services had a return on equity of 15.49% and a net margin of 7.10%. The firm had revenue of $2.61 billion for the quarter, compared to analyst estimates of $2.64 billion. During the same quarter last year, the firm earned $1.94 earnings per share. The company’s revenue was up 7.5% compared to the same quarter last year. On average, equities research analysts predict that Universal Health Services, Inc. will post $7.67 earnings per share for the current year.

Several institutional investors have recently modified their holdings of the company. Vanguard Group Inc. increased its stake in shares of Universal Health Services by 2.2% during the second quarter. Vanguard Group Inc. now owns 8,969,365 shares of the health services provider’s stock worth $1,094,982,000 after acquiring an additional 191,666 shares during the period. BlackRock Inc. increased its stake in shares of Universal Health Services by 0.5% during the second quarter. BlackRock Inc. now owns 6,656,148 shares of the health services provider’s stock worth $812,583,000 after acquiring an additional 29,943 shares during the period. Maverick Capital Ltd. increased its stake in shares of Universal Health Services by 9.6% during the second quarter. Maverick Capital Ltd. now owns 5,426,487 shares of the health services provider’s stock worth $662,466,000 after acquiring an additional 473,763 shares during the period. FMR LLC increased its stake in shares of Universal Health Services by 4.6% during the second quarter. FMR LLC now owns 4,623,099 shares of the health services provider’s stock worth $564,387,000 after acquiring an additional 204,558 shares during the period. Finally, Janus Henderson Group PLC increased its stake in shares of Universal Health Services by 18,950.9% during the second quarter. Janus Henderson Group PLC now owns 2,260,197 shares of the health services provider’s stock worth $275,926,000 after acquiring an additional 2,248,333 shares during the period. Institutional investors and hedge funds own 85.92% of the company’s stock.

ILLEGAL ACTIVITY WARNING: This news story was originally posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this news story on another website, it was stolen and republished in violation of US and international copyright and trademark legislation. The legal version of this news story can be accessed at https://www.thecerbatgem.com/2017/10/20/traders-sell-shares-of-universal-health-services-inc-uhs-on-strength-uhs.html.

About Universal Health Services

Universal Health Services, Inc is a holding company. The Company’s principal business is owning and operating, through its subsidiaries, acute care hospitals and outpatient facilities, and behavioral healthcare facilities. The Company’s segments include Acute Care Hospital Services, Behavioral Health Services and Other.

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.