Universal Health Services, Inc. (UHS) Stock Rating Reaffirmed by KeyCorp

KeyCorp reissued their buy rating on shares of Universal Health Services, Inc. (NYSE:UHS) in a research report report published on Thursday, September 7th. The firm currently has a $127.00 price target on the health services provider’s stock.

UHS has been the topic of several other research reports. Piper Jaffray Companies reaffirmed a buy rating and issued a $134.00 target price on shares of Universal Health Services in a report on Friday, July 28th. Citigroup Inc. lowered their target price on shares of Universal Health Services from $131.00 to $126.00 and set a neutral rating on the stock in a report on Wednesday, July 26th. Morgan Stanley initiated coverage on shares of Universal Health Services in a report on Tuesday, June 6th. They set an equal weight rating and a $124.00 price objective on the stock. Zacks Investment Research raised shares of Universal Health Services from a hold rating to a buy rating and set a $137.00 price objective on the stock in a report on Tuesday, July 4th. Finally, BidaskClub raised shares of Universal Health Services from a strong sell rating to a sell rating in a report on Thursday, June 29th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and six have given a buy rating to the company. The company presently has an average rating of Hold and an average target price of $134.55.

Universal Health Services (NYSE UHS) opened at 110.67 on Thursday. The company has a market cap of $10.59 billion, a price-to-earnings ratio of 15.05 and a beta of 1.07. The firm’s 50-day moving average price is $108.84 and its 200-day moving average price is $117.47. Universal Health Services has a 52-week low of $99.72 and a 52-week high of $129.74.

Universal Health Services (NYSE:UHS) last posted its quarterly earnings data on Tuesday, July 25th. The health services provider reported $1.94 EPS for the quarter, missing analysts’ consensus estimates of $2.06 by ($0.12). The business had revenue of $2.61 billion during the quarter, compared to analyst estimates of $2.64 billion. Universal Health Services had a net margin of 7.10% and a return on equity of 15.49%. The company’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.94 earnings per share. On average, equities analysts anticipate that Universal Health Services will post $7.73 EPS for the current year.

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The company also recently announced a quarterly dividend, which was paid on Friday, September 15th. Stockholders of record on Friday, September 1st were paid a $0.10 dividend. The ex-dividend date of this dividend was Wednesday, August 30th. This represents a $0.40 annualized dividend and a dividend yield of 0.36%. Universal Health Services’s dividend payout ratio (DPR) is presently 5.44%.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. boosted its stake in Universal Health Services by 2.2% during the 2nd quarter. Vanguard Group Inc. now owns 8,969,365 shares of the health services provider’s stock valued at $1,094,982,000 after acquiring an additional 191,666 shares during the last quarter. BlackRock Inc. raised its holdings in shares of Universal Health Services by 0.5% during the second quarter. BlackRock Inc. now owns 6,656,148 shares of the health services provider’s stock worth $812,583,000 after purchasing an additional 29,943 shares during the period. Maverick Capital Ltd. raised its holdings in shares of Universal Health Services by 9.6% during the second quarter. Maverick Capital Ltd. now owns 5,426,487 shares of the health services provider’s stock worth $662,466,000 after purchasing an additional 473,763 shares during the period. FMR LLC raised its holdings in shares of Universal Health Services by 4.6% during the second quarter. FMR LLC now owns 4,623,099 shares of the health services provider’s stock worth $564,387,000 after purchasing an additional 204,558 shares during the period. Finally, State Street Corp raised its holdings in shares of Universal Health Services by 4.8% during the first quarter. State Street Corp now owns 4,124,375 shares of the health services provider’s stock worth $513,281,000 after purchasing an additional 190,047 shares during the period. Hedge funds and other institutional investors own 85.10% of the company’s stock.

About Universal Health Services

Universal Health Services, Inc is a holding company. The Company’s principal business is owning and operating, through its subsidiaries, acute care hospitals and outpatient facilities, and behavioral healthcare facilities. The Company’s segments include Acute Care Hospital Services, Behavioral Health Services and Other.

Analyst Recommendations for Universal Health Services (NYSE:UHS)

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