Several equity research analysts have recently been focusing on UHS stocks. UBS Group raised its price target on Universal Health Services to $113.00 in a report on Wednesday, November 16th. Credit Suisse Group boosted its price target for shares of Universal Health Services from $129.00 to $157.00 and gave the company an “outperform” rating in a research report on Friday. SVB Leerink raised its price target for shares of Universal Health Services from $98.00 to $114.00 and gave the stock a “Market Perform” rating in a report issued on Thursday, October 27th. Mizuho boosted its price target on shares of Universal Health Services from $121.00 to $126.00 and gave the company a “buy” rating in a report on Wednesday, November 2nd. StockNews.com finally downgraded Universal Health Services from a “buy” rating to a “hold” rating in a research report on Friday, November 4th.
Comprehensive health services stockpile 2.4%
UHS opened at $132.73 on Friday. The company’s 50-day moving average is $105.69 and the 200-day moving average is $108.21. The company has a quick ratio of 1.15, trading ratio of 1.27 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. The stock has a market capitalization of $9.48 billion, a price-to-earnings ratio of 13.66, a price-to-earnings ratio of 4.49 and a beta of 1.29.
Universal Health Services NYSE: UHS – Get Rating last published its quarterly earnings data on Tuesday, October 25th. The health services provider reported $2.54 earnings per share for the quarter, beating consensus estimates of $2.40 by $0.14. Universal Health Services had a return on equity of 12.49% and a net margin of 5.59%. The company had revenue of $3.34 billion for the quarter, compared to consensus estimates of $3.28 billion. During the same quarter in the previous year, the company had earnings of $2.67 per share. Universal Health Services revenue for the quarter increased 5.7% year-over-year. As a group, equity analysts expect Universal Health Services to report 9.84 earnings per share for the current year.
Universal Health Services declares a dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, December 15th. Investors of record on Thursday, December 1st will receive a dividend of $0.20. This represents a dividend of $0.80 on an annual basis and a yield of 0.60%. The exclusion date from this dividend is Wednesday, November 30th. Universal Health Services’ dividend payout ratio is currently 8.23%.
Hedge funds weigh in on universal health services
A number of hedge funds and other institutional investors have recently been buying and selling shares of UHS. The Kentucky Teachers Retirement System purchased a new stake in Universal Health Services stock during the third quarter for $605,000. Captrust Financial Advisors increased its position in Universal Health Services by 9.4% during the third quarter. Captrust Financial Advisors now owns 4,262 shares of the health services provider valued at $376,000 after purchasing an additional 365 shares last quarter. Kentucky Retirement Systems increased its stake in Universal Health Services by 3.3% during the third quarter. Kentucky Retirement Systems now owns 5,144 shares of the health services provider’s stock worth $454,000 after purchasing an additional 162 shares during the most recent quarter. Alpha Paradigm Partners LLC purchased a new position in shares of Universal Health Services in the third quarter worth approximately $448,000. Finally, Balyasny Asset Management LLC purchased a new position in Universal Health Services stock during the third quarter worth approximately $765,000. Hedge funds and other institutional investors own 88.93% of the company’s shares.
Comprehensive Health Services Company Profile
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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