Weekly Investment Analysts’ Ratings Changes for Universal Health Services (UHS)

Several analysts have recently updated their ratings and price targets for Universal Health Services (NYSE: UHS):

• 7/17/2024 – Universal Health Services was upgraded by analysts at StockNews.com from a “buy” rating to a “strong-buy” rating.
• 7/10/2024 – Universal Health Services had its price target raised by analysts at Barclays PLC from $189.00 to $198.00. They now have an “equal weight” rating on the stock.
• 7/9/2024 – Universal Health Services had its “underweight” rating reaffirmed by analysts at Cantor Fitzgerald. They now have a $162.00 price target on the stock.
• 7/9/2024 – Universal Health Services was downgraded by analysts at StockNews.com from a “strong-buy” rating to a “buy” rating.
• 7/2/2024 – Universal Health Services had its “underweight” rating reaffirmed by analysts at Cantor Fitzgerald. They now have a $162.00 price target on the stock.
• 6/26/2024 – Universal Health Services was upgraded by analysts at Baird R W from a “hold” rating to a “strong-buy” rating.
• 6/26/2024 – Universal Health Services was upgraded by analysts at Robert W. Baird from a “neutral” rating to an “outperform” rating. They now have a $236.00 price target on the stock, up previously from $198.00.
• 6/7/2024 – Universal Health Services was upgraded by analysts at StockNews.com from a “buy” rating to a “strong-buy” rating.
• 5/30/2024 – Universal Health Services had its price target raised by analysts at JPMorgan Chase & Co. from $182.00 to $186.00. They now have a “neutral” rating on the stock.
• 5/30/2024 – Universal Health Services is now covered by analysts at Robert W. Baird. They set a “neutral” rating and a $198.00 price target on the stock.
• 5/30/2024 – Universal Health Services was upgraded by analysts at Baird R W to a “hold” rating.
• 5/20/2024 – Universal Health Services was upgraded by analysts at UBS Group AG from a “neutral” rating to a “buy” rating. They now have a $226.00 price target on the stock, up previously from $189.00.

Universal Health Services Stock Down 0.4 %

Shares of NYSE:UHS traded down $0.66 on Friday, reaching $180.82. The company had a trading volume of 625,979 shares, compared to its average volume of 620,171. The company has a current ratio of 1.38, a quick ratio of 1.28 and a debt-to-equity ratio of 0.75. The firm has a market capitalization of $12.10 billion, a PE ratio of 15.32, a PEG ratio of 0.87 and a beta of 1.28. Universal Health Services, Inc. has a 52-week low of $119.90 and a 52-week high of $194.02. The firm’s 50 day simple moving average is $184.02 and its 200-day simple moving average is $172.24.

Universal Health Services (NYSE:UHS) last issued its quarterly earnings data on Wednesday, April 24th. The health services provider reported $3.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.14 by $0.56. The firm had revenue of $3.84 billion for the quarter, compared to the consensus estimate of $3.78 billion. Universal Health Services had a net margin of 5.57% and a return on equity of 13.34%. The company’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.34 EPS. As a group, analysts expect that Universal Health Services, Inc. will post 13.83 earnings per share for the current fiscal year.

Universal Health Services Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 17th. Shareholders of record on Tuesday, September 3rd will be paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 0.44%. Universal Health Services’s payout ratio is 6.78%.

Hedge Funds Weigh In On Universal Health Services

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in UHS. Benjamin F. Edwards & Company Inc. purchased a new position in Universal Health Services during the 1st quarter worth approximately $32,000. Blue Trust Inc. raised its holdings in shares of Universal Health Services by 1,284.6% during the second quarter. Blue Trust Inc. now owns 180 shares of the health services provider’s stock worth $33,000 after purchasing an additional 167 shares during the last quarter. Mather Group LLC. purchased a new position in shares of Universal Health Services during the first quarter worth $36,000. Headlands Technologies LLC acquired a new position in Universal Health Services during the first quarter valued at $36,000. Finally, Denali Advisors LLC purchased a new stake in Universal Health Services in the first quarter valued at $37,000. Hedge funds and other institutional investors own 86.05% of the company’s stock.

Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities. It operates through Acute Care Hospital Services and Behavioral Health Care Services segments. The company's 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.