Universal Health Services, Inc. (UHS) To Go Ex-Dividend on June 8th

Universal Health Services, Inc. (NYSE:UHS) announced a quarterly dividend on Wednesday, May 27th. Stockholders of record on Monday, June 8th will be paid a dividend of 0.20 per share by the health services provider on Thursday, June 18th. This represents a c) dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Monday, June 8th.

Universal Health Services has raised its dividend by an average of 0.3%annually over the last three years. Universal Health Services has a payout ratio of 3.7% meaning its dividend is sufficiently covered by earnings. Research analysts expect Universal Health Services to earn $25.28 per share next year, which means the company should continue to be able to cover its $0.80 annual dividend with an expected future payout ratio of 3.2%.

Universal Health Services Stock Performance

Shares of NYSE:UHS opened at $150.04 on Friday. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.08 and a quick ratio of 1.01. The business’s 50 day moving average price is $174.81 and its 200-day moving average price is $202.58. The firm has a market capitalization of $9.08 billion, a PE ratio of 6.25, a P/E/G ratio of 0.74 and a beta of 1.13. Universal Health Services has a 1 year low of $149.15 and a 1 year high of $246.32.

Universal Health Services (NYSE:UHS) last issued its quarterly earnings results on Tuesday, April 28th. The health services provider reported $5.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.41 by $0.21. The firm had revenue of $4.50 billion for the quarter, compared to analyst estimates of $4.39 billion. Universal Health Services had a return on equity of 19.57% and a net margin of 8.56%.The business’s revenue was up 9.6% on a year-over-year basis. During the same period in the previous year, the company posted $4.84 earnings per share. As a group, equities research analysts expect that Universal Health Services will post 23.34 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently commented on UHS shares. Morgan Stanley cut their price target on Universal Health Services from $233.00 to $212.00 and set an “equal weight” rating for the company in a report on Wednesday, April 29th. JPMorgan Chase & Co. cut their price target on Universal Health Services from $235.00 to $205.00 and set a “neutral” rating for the company in a report on Wednesday, May 20th. TD Cowen cut their target price on Universal Health Services from $245.00 to $230.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. UBS Group cut their target price on Universal Health Services from $320.00 to $310.00 and set a “buy” rating for the company in a research note on Thursday, April 30th. Finally, Barclays cut their target price on Universal Health Services from $268.00 to $238.00 and set an “overweight” rating for the company in a research note on Tuesday, April 28th. Six investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $221.56.

Universal Health Services Company Profile

Universal Health Services, Inc (NYSE: UHS) is one of the largest diversified health care management companies in the United States, offering a broad spectrum of services through its acute care hospital and behavioral health segments. The company operates general acute care hospitals, surgical hospitals and ambulatory centers, as well as inpatient and outpatient behavioral health facilities. Its network provides emergency and specialized medicine, diagnostic imaging, laboratory services, advanced surgical care and rehabilitation, complemented by a comprehensive array of behavioral services including psychiatric treatment, addiction programs and developmental disabilities care.

In the acute care segment, UHS’s facilities deliver services ranging from emergency department treatment and intensive care to maternity care and outpatient surgery.