Universal Health Services (NYSE:UHS) Stock Gets Price Target Cut from Robert W. Baird

Universal Health Services (NYSE:UHS – Free Report) had its price objective cut by Robert W. Baird from $166.00 to $156.00 in a report issued on Thursday morning, MarketBeat.com reports. They currently have a neutral rating on the health services provider’s stock.

UHS has been the topic of a number of other research reports. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Universal Health Services in a research report on Friday, October 2nd. Guggenheim lowered their price objective on Universal Health Services from $195.00 to $189.00 and set a “buy” rating for the company in a research report on Wednesday, July 29th. Wells Fargo & Company boosted their price objective on Universal Health Services from $165.00 to $166.00 and gave the stock an “equal weight” rating in a research report on Monday, July 13th. Leerink Partners upped their target price on shares of Universal Health Services from $198.00 to $205.00 and gave the stock an “outperform” rating in a research note on Friday, September 18th. Finally, Barclays reduced their target price on shares of Universal Health Services from $179.00 to $168.00 and set an “equal weight” rating on the stock in a report on Tuesday, July 28th. Six investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Universal Health Services currently has a consensus rating of “Hold” and a consensus target price of $205.06.

View Our Latest Stock Report on UHS

Universal Health Services Stock Down 0.5%

Shares of NYSE UHS opened at $175.73 on Thursday. The stock has a market cap of $10.36 billion, a P/E ratio of 7.35, a PEG ratio of 1.15 and a beta of 1.03. The company has a current ratio of 1.37, a quick ratio of 1.04 and a debt-to-equity ratio of 0.73. Universal Health Services has a 12-month low of $140.08 and a 12-month high of $246.32. The business’s fifty day simple moving average is $177.35 and its 200-day simple moving average is $177.32.

Universal Health Services (NYSE:UHS – Get Free Report) last released its earnings results on Tuesday, October 27th. The health services provider reported $5.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.19 by $0.03. Universal Health Services had a return on equity of 18.39% and a net margin of 7.96%. The firm had revenue of $4.73 billion during the quarter, compared to analyst estimates of $4.71 billion. During the same period last year, the business posted $5.69 earnings per share. Universal Health Services’s revenue was up 5.3% compared to the same quarter last year. As a group, equities analysts predict that Universal Health Services will post 22.63 EPS for the current fiscal year.

Hedge Funds Weigh In On Universal Health Services

Large investors have recently bought and sold shares of the business. Chicago Partners Investment Group LLC boosted its stake in Universal Health Services by 108.4% in the third quarter. Chicago Partners Investment Group LLC now owns 10,935 shares of the health services provider’s stock valued at $2,044,000 after acquiring an additional 5,688 shares in the last quarter. Covestor Ltd increased its position in shares of Universal Health Services by 31.7% during the third quarter. Covestor Ltd now owns 536 shares of the health services provider’s stock worth $93,000 after purchasing an additional 129 shares in the last quarter. Team Financial Group LLC acquired a new stake in shares of Universal Health Services during the third quarter worth about $46,000. Pzena Investment Management LLC increased its position in shares of Universal Health Services by 32.4% during the third quarter. Pzena Investment Management LLC now owns 2,607,221 shares of the health services provider’s stock worth $454,334,000 after purchasing an additional 637,894 shares in the last quarter. Finally, Provenance Wealth Advisors LLC acquired a new stake in shares of Universal Health Services during the third quarter worth about $44,000. Hedge funds and other institutional investors own 86.05% of the company’s stock.

Key Universal Health Services News

Here are the key news stories impacting Universal Health Services this week:

About Universal Health Services

(Get Free Report)

Universal Health Services, Inc (NYSE: UHS) is a healthcare services company that owns and operates hospitals, outpatient facilities and other healthcare providers. Its operations are focused primarily on acute care and behavioral health services.

The company’s acute care operations include general and specialty hospitals, ambulatory surgery centers, emergency departments, physician practices and other outpatient services. Its behavioral health business provides inpatient and outpatient treatment for mental health conditions, substance-use disorders and related needs.

Universal Health Services serves patients across the United States and Puerto Rico, with additional behavioral health operations in the United Kingdom.

Further Reading

Analyst Recommendations for Universal Health Services (NYSE:UHS)

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