Universal Health Services, Inc. (NYSE:UHS – Get Free Report) has been assigned a consensus recommendation of “Hold” from the eighteen analysts that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, eleven have given a hold recommendation and six have issued a buy recommendation on the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $216.5625.
UHS has been the topic of several analyst reports. Morgan Stanley lowered their target price 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. Mizuho lowered their target price on Universal Health Services from $267.00 to $230.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 29th. JPMorgan Chase & Co. lowered their target price on Universal Health Services from $235.00 to $205.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 20th. Raymond James Financial cut Universal Health Services from an “outperform” rating to a “market perform” rating in a research report on Wednesday, April 29th. Finally, Barclays lowered their target price on Universal Health Services from $268.00 to $238.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 28th.
Read Our Latest Analysis on Universal Health Services
Universal Health Services Stock Up 0.9%
Universal Health Services (NYSE:UHS – Get Free Report) last announced its quarterly earnings results 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. The business 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%.The business’s quarterly revenue was up 9.6% on a year-over-year basis. During the same period in the prior year, the firm earned $4.84 EPS. Equities research analysts forecast that Universal Health Services will post 23.47 earnings per share for the current year.
Universal Health Services Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 8th were given a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 0.6%. The ex-dividend date was Monday, June 8th. Universal Health Services’s dividend payout ratio (DPR) is currently 3.33%.
Institutional Trading of Universal Health Services
Several large investors have recently added to or reduced their stakes in the business. Pzena Investment Management LLC increased its position in Universal Health Services by 31.5% in the 4th quarter. Pzena Investment Management LLC now owns 2,112,604 shares of the health services provider’s stock valued at $460,590,000 after acquiring an additional 505,575 shares during the period. Dimensional Fund Advisors LP increased its position in Universal Health Services by 12.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,781,262 shares of the health services provider’s stock valued at $318,812,000 after acquiring an additional 192,351 shares during the period. Arrowstreet Capital Limited Partnership increased its position in Universal Health Services by 1.7% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,226,577 shares of the health services provider’s stock valued at $219,520,000 after acquiring an additional 20,577 shares during the period. Norges Bank bought a new position in Universal Health Services during the 4th quarter valued at $199,334,000. Finally, Morgan Stanley boosted its stake in Universal Health Services by 59.5% during the 4th quarter. Morgan Stanley now owns 871,377 shares of the health services provider’s stock valued at $189,978,000 after purchasing an additional 325,162 shares in the last quarter. 86.05% of the stock is currently owned by institutional investors and hedge funds.
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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