Universal Health Services (NYSE: UHS) with new $157.00 target price awarded at Credit Suisse Group

Universal Health Services (NYSE: UHS – Get the rating) It boosted its price target set by analysts at Credit Suisse Group from $129.00 to $157.00 in a research note on Friday, Stock Target Advisor reports. The brokerage firm currently has an “Outstanding” rating over Health Services Provider Stocks. Credit Suisse Group’s price target indicates a potential upside of 21.10% from the company’s previous close.

Other equity research analysts have also recently issued reports on the company. UBS Group raised its price target on Universal Health Services to $113.00 in a research report on Wednesday, November 16th. Quinn lowered his price target on Universal Health Services to $119.00 in a research note on Tuesday, August 9th. StockNews.com lowered shares of Universal Health Services from a “buy” rating to a “hold” rating in a research note on Friday, November 4th. SVB Leerink raised target price on shares of Universal Health Services from $98.00 to $114.00 and gave the stock a “market perform” rating in a research report on Thursday, October 27th. Finally, Barclays cut its price target for shares of Universal Health Services from $133.00 to $115.00 in a research note on Friday, July 29th. Five investment analysts have rated the stock with a sell rating, and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a price target of $122.43.

Comprehensive health service pricing

UHS stock opened at $129.65 on Friday. The stock has a market capitalization of $9.26 billion, a price-to-earnings ratio of 13.34, a price-to-earnings ratio of 4.49 and a beta of 1.29. The company’s 50-day moving average is $105.02 and the 200-day moving average is $108.16. The company has a trading ratio of 1.27, a quick ratio of 1.15 and a debt-to-equity ratio of 0.79. Universal Health Services recorded a 12-month low of $82.50 and a 12-month high of $158.28.

Universal Health Services (NYSE: UHS – Get Rating) last reported its earnings results on Tuesday, October 25th. The health services provider reported earnings of $2.54 per share for the quarter, beating analyst estimates of $2.40 by $0.14. The company’s revenue was $3.34 billion from the previous quarter, compared to analyst estimates of $3.28 billion. Universal Health Services achieved a net profit margin of 5.59% and a return on equity of 12.49%. The company’s revenue for the quarter increased by 5.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.67 earnings per share. As a group, equity analysts expect Universal Health Services to report 9.84 earnings per share for the current year.

Institutional investors weigh in in Universal Health Services

Hedge funds have recently been buying and selling shares of the company. First Horizon Advisors Inc. of its stake in Universal Health Services shares increased by 3,485.0% in the second quarter. First Horizon Advisors Inc. Now 717 shares of the health services provider’s stock worth $72,000 after purchasing an additional 697 shares during the last quarter. M&T Bank Corp. grew its position in Universal Health Services 17.9% in the second quarter. M&T Bank Corp. now owns 2,727 shares of the health services provider, valued at $253,000, after acquiring an additional 415 shares last quarter. Pendal Group Ltd. acquired a new position in Universal Health Services in the second quarter valued at approximately $532,000. Twin Tree Management LP purchased a new stake in Universal Health Services during the first quarter worth approximately $440,000. Finally, Bridgewater Associates LP increased its position in comprehensive health services by 67.1% during the second quarter. Bridgewater Associates LP now owns 181,848 shares of the health services provider valued at $18,314,000 after purchasing an additional 73,019 shares during this period. Hedge funds and other institutional investors own 88.93% of the company’s shares.

About comprehensive health services

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Universal Health Services, Inc., through its subsidiaries, owns and operates intensive care hospitals, behavioral health care and outpatient facilities. The company operates through the acute care hospital services and behavioral healthcare services sectors. Its hospitals offer general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic and coronary care, pediatric services, pharmacy services, and/or behavioral health services.

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Analyst recommendations for Comprehensive Health Services (NYSE: UHS)

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