Universal Health Services (NYSE:UHS) Stock Rating Upgraded by Wells Fargo & Company

Universal Health Services (NYSE:UHS) was upgraded by equities researchers at Wells Fargo & Company to a “hold” rating in a report released on Monday,Zacks.com reports.

A number of other brokerages have also recently weighed in on UHS. Stephens dropped their price target on shares of Universal Health Services from $235.00 to $205.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 29th. Royal Bank Of Canada reduced their target price on shares of Universal Health Services from $216.00 to $190.00 and set a “sector perform” rating on the stock in a report on Wednesday, April 29th. Guggenheim decreased their price target on shares of Universal Health Services from $238.00 to $211.00 and set a “buy” rating for the company in a research report on Wednesday, April 29th. Morgan Stanley cut their price objective on Universal Health Services from $233.00 to $212.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 29th. Finally, UBS Group reiterated a “buy” rating on shares of Universal Health Services in a research note on Friday. Six equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $218.63.

Universal Health Services Stock Down 1.4%

UHS stock opened at $142.60 on Monday. The firm has a market cap of $8.63 billion, a PE ratio of 5.94, a P/E/G ratio of 0.69 and a beta of 1.07. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.01 and a current ratio of 1.08. The firm’s fifty day moving average is $173.10 and its 200 day moving average is $201.48. Universal Health Services has a one year low of $142.34 and a one year high of $246.32.

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

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Elyxium Wealth LLC purchased a new stake in Universal Health Services in the 4th quarter valued at approximately $25,000. Harbor Capital Advisors Inc. purchased a new position in shares of Universal Health Services during the 4th quarter worth approximately $26,000. SBI Securities Co. Ltd. raised its stake in shares of Universal Health Services by 320.0% during the 3rd quarter. SBI Securities Co. Ltd. now owns 126 shares of the health services provider’s stock worth $26,000 after buying an additional 96 shares in the last quarter. Founders Capital Management acquired a new stake in shares of Universal Health Services in the 4th quarter valued at approximately $28,000. Finally, Larson Financial Group LLC lifted its holdings in shares of Universal Health Services by 302.9% in the 4th quarter. Larson Financial Group LLC now owns 141 shares of the health services provider’s stock valued at $31,000 after buying an additional 106 shares during the period. 86.05% of the stock is owned by hedge funds and other institutional investors.

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.