Universal Health Services (NYSE:UHS – Get Free Report) had its price objective lifted by stock analysts at Leerink Partners from $198.00 to $205.00 in a note issued to investors on Friday, Benzinga reports. The firm presently has an “outperform” rating on the health services provider’s stock. Leerink Partners’ price objective points to a potential upside of 12.63% from the company’s current price.
A number of other analysts also recently issued reports on the stock. TD Cowen dropped their target price on shares of Universal Health Services from $230.00 to $197.00 and set a “buy” rating for the company in a research report on Monday, June 22nd. Cantor Fitzgerald reissued a “neutral” rating and issued a $194.00 target price on shares of Universal Health Services in a research report on Tuesday, July 28th. Weiss Ratings raised shares of Universal Health Services from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, August 18th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $183.00 price objective on shares of Universal Health Services in a report on Thursday, August 20th. Finally, The Goldman Sachs Group reduced their target price on Universal Health Services from $242.00 to $190.00 and set a “neutral” rating on the stock in a report on Thursday, July 30th. Six research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $204.94.
Read Our Latest Stock Analysis on Universal Health Services
Universal Health Services Stock Performance
Universal Health Services (NYSE:UHS – Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The health services provider reported $5.98 EPS for the quarter, topping analysts’ consensus estimates of $5.94 by $0.04. The business had revenue of $4.64 billion during the quarter, compared to the consensus estimate of $4.58 billion. Universal Health Services had a return on equity of 19.39% and a net margin of 8.42%.The business’s revenue for the quarter was up 8.3% on a year-over-year basis. During the same period in the prior year, the firm posted $5.35 EPS. Analysts expect that Universal Health Services will post 22.96 EPS for the current year.
Institutional Investors Weigh In On Universal Health Services
Several institutional investors have recently bought and sold shares of UHS. Talon Private Wealth LLC acquired a new position in shares of Universal Health Services during the second quarter valued at approximately $776,000. Sequoia Financial Advisors LLC lifted its holdings in shares of Universal Health Services by 83.6% during the second quarter. Sequoia Financial Advisors LLC now owns 7,026 shares of the health services provider’s stock valued at $1,045,000 after purchasing an additional 3,200 shares during the last quarter. Engineers Gate Manager LP lifted its stake in Universal Health Services by 840.2% during the second quarter. Engineers Gate Manager LP now owns 10,643 shares of the health services provider’s stock valued at $1,583,000 after buying an additional 9,511 shares in the last quarter. SVB Wealth LLC lifted its stake in Universal Health Services by 10.4% during the second quarter. SVB Wealth LLC now owns 13,061 shares of the health services provider’s stock valued at $1,942,000 after buying an additional 1,232 shares in the last quarter. Finally, IFP Advisors Inc boosted its holdings in shares of Universal Health Services by 18.9% in the second quarter. IFP Advisors Inc now owns 1,878 shares of the health services provider’s stock worth $279,000 after buying an additional 298 shares during the period. Institutional investors and hedge funds own 86.05% of the company’s stock.
Universal Health Services Company Profile
Universal Health Services, Inc (NYSE: UHS) is a healthcare services company that owns and operates hospitals, outpatient facilities and other healthcare organizations. Its operations are primarily focused on acute care and behavioral health services, serving patients through a network of hospitals, treatment centers and ambulatory facilities.
The company’s acute care activities include general and specialty hospitals that provide services such as emergency care, surgery, inpatient treatment and diagnostic procedures.
See Also
- Five stocks we like better than Universal Health Services
- 3 Nimble Free Cash Flow Names With Light Assets
- Intel’s Ohio Lifeline? Why the SK Hynix Talks Matter
- Generac Plugs into Amazon for an $8B AI-Powered Deal
- Laser Focus: 2 Optical Stocks Lighting Up AI
Receive News & Ratings for Universal Health Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Universal Health Services and related companies with MarketBeat.com's FREE daily email newsletter.
