Universal Health Services (NYSE:UHS – Get Free Report) was upgraded by Wells Fargo & Company to a “hold” rating in a research note issued on Monday,Zacks.com reports.
A number of other equities analysts also recently commented on UHS. Raymond James Financial downgraded Universal Health Services from an “outperform” rating to a “market perform” rating in a research note on Wednesday, April 29th. Zacks Research downgraded Universal Health Services from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 2nd. Robert W. Baird decreased their target price on Universal Health Services from $241.00 to $204.00 and set a “neutral” rating for the company in a research note on Wednesday, April 29th. TD Cowen decreased 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. Finally, Royal Bank Of Canada decreased their target price on Universal Health Services from $216.00 to $190.00 and set a “sector perform” rating for the company in a research note on Wednesday, April 29th. Six investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $218.63.
View Our Latest Research Report on Universal Health Services
Universal Health Services Stock Performance
Universal Health Services (NYSE:UHS – Get Free Report) last issued 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. Universal Health Services had a return on equity of 19.57% and a net margin of 8.56%.The company had revenue of $4.50 billion during the quarter, compared to the consensus estimate of $4.39 billion. During the same period in the previous year, the firm posted $4.84 earnings per share. Universal Health Services’s quarterly revenue was up 9.6% compared to the same quarter last year. As a group, analysts anticipate that Universal Health Services will post 23.34 EPS for the current year.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of the stock. Blair William & Co. IL increased its holdings in shares of Universal Health Services by 4.1% in the fourth quarter. Blair William & Co. IL now owns 1,390 shares of the health services provider’s stock valued at $303,000 after buying an additional 55 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Universal Health Services by 3.3% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 1,794 shares of the health services provider’s stock valued at $367,000 after buying an additional 58 shares in the last quarter. Avanza Fonder AB increased its holdings in shares of Universal Health Services by 6.1% in the fourth quarter. Avanza Fonder AB now owns 1,027 shares of the health services provider’s stock valued at $224,000 after buying an additional 59 shares in the last quarter. Resonant Capital Advisors LLC increased its holdings in shares of Universal Health Services by 1.6% in the fourth quarter. Resonant Capital Advisors LLC now owns 3,859 shares of the health services provider’s stock valued at $841,000 after buying an additional 60 shares in the last quarter. Finally, Triad Wealth Partners LLC increased its holdings in shares of Universal Health Services by 3.4% in the first quarter. Triad Wealth Partners LLC now owns 1,858 shares of the health services provider’s stock valued at $333,000 after buying an additional 61 shares in the last quarter. Institutional investors own 86.05% of the company’s stock.
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.
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