Universal Health Services (NYSE:UHS) Reaches New 52-Week Low – Here’s Why

Universal Health Services, Inc. (NYSE:UHSGet Free Report)’s stock price reached a new 52-week low on Thursday . The company traded as low as $150.65 and last traded at $152.1290, with a volume of 45015 shares traded. The stock had previously closed at $154.29.

Analyst Upgrades and Downgrades

UHS has been the topic of a number of research reports. Barclays lowered their price target on Universal Health Services from $268.00 to $238.00 and set an “overweight” rating on the stock in a report on Tuesday, April 28th. Cantor Fitzgerald lowered their price target on Universal Health Services from $229.00 to $194.00 and set a “neutral” rating on the stock in a report on Wednesday, April 29th. Robert W. Baird lowered their price target on Universal Health Services from $241.00 to $204.00 and set a “neutral” rating on the stock in a report on Wednesday, April 29th. TD Cowen lowered their price target on Universal Health Services from $245.00 to $230.00 and set a “buy” rating on the stock in a report on Wednesday, April 29th. Finally, Stephens lowered their price target on Universal Health Services from $235.00 to $205.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 29th. Six investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $221.56.

View Our Latest Analysis on Universal Health Services

Universal Health Services Stock Performance

The stock has a market capitalization of $8.83 billion, a price-to-earnings ratio of 6.07, a PEG ratio of 0.72 and a beta of 1.13. The stock’s 50 day moving average is $173.94 and its 200 day moving average is $202.18. The company has a current ratio of 1.08, a quick ratio of 1.01 and a debt-to-equity ratio of 0.52.

Universal Health Services (NYSE:UHSGet Free Report) last announced its earnings results on Tuesday, April 28th. The health services provider reported $5.62 EPS for the quarter, beating analysts’ consensus estimates of $5.41 by $0.21. The firm had revenue of $4.50 billion for the quarter, compared to analysts’ expectations of $4.39 billion. Universal Health Services had a return on equity of 19.57% and a net margin of 8.56%.Universal Health Services’s quarterly revenue was up 9.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $4.84 EPS. On average, analysts predict that Universal Health Services, Inc. will post 23.34 earnings per share for the current year.

Universal Health Services Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Monday, June 8th will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Monday, June 8th. Universal Health Services’s dividend payout ratio is 3.33%.

Institutional Investors Weigh In On Universal Health Services

Large investors have recently bought and sold shares of the stock. American Century Companies Inc. boosted its stake in shares of Universal Health Services by 22.1% during the 3rd quarter. American Century Companies Inc. now owns 781,145 shares of the health services provider’s stock worth $159,698,000 after purchasing an additional 141,621 shares during the last quarter. AMG National Trust Bank acquired a new stake in shares of Universal Health Services during the 3rd quarter worth about $1,912,000. BTC Capital Management Inc. boosted its holdings in shares of Universal Health Services by 161.3% during the fourth quarter. BTC Capital Management Inc. now owns 42,199 shares of the health services provider’s stock worth $9,203,000 after purchasing an additional 26,047 shares during the last quarter. Pzena Investment Management LLC boosted its holdings in shares of Universal Health Services by 310.2% during the third quarter. Pzena Investment Management LLC now owns 1,607,029 shares of the health services provider’s stock worth $328,541,000 after purchasing an additional 1,215,286 shares during the last quarter. Finally, National Pension Service boosted its holdings in shares of Universal Health Services by 41.6% during the third quarter. National Pension Service now owns 49,250 shares of the health services provider’s stock worth $10,069,000 after purchasing an additional 14,478 shares during the last quarter. Institutional investors and hedge funds own 86.05% of the company’s stock.

Universal Health Services Company Profile

(Get Free Report)

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.

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