Shares of Universal Health Services, Inc. (NYSE:UHS – Get Free Report) have earned a consensus rating of “Hold” from the seventeen analysts that are presently covering the firm, MarketBeat reports. Twelve investment analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $214.80.
UHS has been the topic of several recent research reports. Stephens dropped their target price on Universal Health Services from $235.00 to $205.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 29th. Cantor Fitzgerald reduced their price target on Universal Health Services from $229.00 to $194.00 and set a “neutral” rating for the company in a research report on Wednesday, April 29th. Raymond James Financial lowered Universal Health Services from an “outperform” rating to a “market perform” rating in a research note on Wednesday, April 29th. Robert W. Baird decreased their target price on shares of Universal Health Services from $241.00 to $204.00 and set a “neutral” rating on the stock in a report on Wednesday, April 29th. Finally, JPMorgan Chase & Co. reduced their target price on Universal Health Services from $235.00 to $205.00 and set a “neutral” rating for the company in a research report on Wednesday, May 20th.
Check Out Our Latest Stock Report on Universal Health Services
Universal Health Services Stock Down 1.4%
Universal Health Services (NYSE:UHS – Get Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The health services provider reported $5.62 earnings per share for the quarter, beating the consensus estimate of $5.41 by $0.21. The business had revenue of $4.50 billion during the quarter, compared to analyst estimates 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 revenue was up 9.6% compared to the same quarter last year. During the same period in the prior year, the company earned $4.84 earnings per share. As a group, equities analysts predict that Universal Health Services will post 23.44 EPS for the current year.
Universal Health Services Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be given a dividend of $0.20 per share. The ex-dividend date is Tuesday, September 1st. This represents a $0.80 annualized dividend and a yield of 0.5%. Universal Health Services’s payout ratio is presently 3.33%.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the company. Pzena Investment Management LLC lifted its stake in Universal Health Services by 31.5% in the fourth quarter. Pzena Investment Management LLC now owns 2,112,604 shares of the health services provider’s stock worth $460,590,000 after purchasing an additional 505,575 shares during the last quarter. Dimensional Fund Advisors LP increased its stake 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 worth $318,812,000 after purchasing an additional 192,351 shares during the period. Arrowstreet Capital Limited Partnership increased its stake 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 worth $219,520,000 after purchasing an additional 20,577 shares during the period. Norges Bank bought a new stake in Universal Health Services in the fourth quarter valued at approximately $199,334,000. Finally, Morgan Stanley lifted its position in Universal Health Services by 59.5% in the fourth 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 during 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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