Universal Health Services Inc. (NYSE:UHS) gapped up prior to trading on Thursday . The stock had previously closed at $133.01, but opened at $133.31. Universal Health Services shares last traded at $134.14, with a volume of 247,781 shares.

UHS has been the subject of several recent research reports. Wells Fargo & Co. raised Universal Health Services from a “market perform” rating to an “outperform” rating in a report on Tuesday, March 29th. Standpoint Research lowered Universal Health Services from a “buy” rating to a “hold” rating in a report on Thursday, April 21st. Mizuho reissued a “buy” rating and issued a $150.00 price objective (up previously from $140.00) on shares of Universal Health Services in a report on Thursday, April 28th. Royal Bank Of Canada lifted their price objective on Universal Health Services from $150.00 to $157.00 and gave the stock an “outperform” rating in a report on Friday, April 29th. Finally, Zacks Investment Research raised Universal Health Services from a “hold” rating to a “buy” rating and set a $150.00 price objective for the company in a report on Monday, May 2nd. Seven equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $144.29.

The stock’s 50 day moving average price is $134.36 and its 200 day moving average price is $122.57. The firm has a market capitalization of $13.08 billion and a PE ratio of 19.37.

Universal Health Services (NYSE:UHS) last issued its quarterly earnings results on Wednesday, April 27th. The company reported $1.98 EPS for the quarter, topping the Zacks’ consensus estimate of $1.87 by $0.11. The firm had revenue of $2.62 billion for the quarter, compared to analyst estimates of $2.41 billion. The business’s revenue was up 10.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.78 EPS. Analysts forecast that Universal Health Services Inc. will post $7.51 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 15th. Shareholders of record on Wednesday, June 1st were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Friday, May 27th. This represents a $0.40 dividend on an annualized basis and a yield of 0.30%.

In other Universal Health Services news, Director Anthony Pantaleoni sold 6,995 shares of Universal Health Services stock in a transaction dated Thursday, May 5th. The stock was sold at an average price of $133.51, for a total transaction of $933,902.45. Following the completion of the transaction, the director now owns 3,750 shares in the company, valued at approximately $500,662.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Debra K. Osteen sold 6,756 shares of Universal Health Services stock in a transaction dated Thursday, June 9th. The shares were sold at an average price of $138.27, for a total value of $934,152.12. Following the transaction, the senior vice president now owns 105,940 shares of the company’s stock, valued at approximately $14,648,323.80. The disclosure for this sale can be found here.

Several institutional investors recently added to or reduced their stakes in UHS. Vanguard Group Inc. raised its position in Universal Health Services by 2.4% in the fourth quarter. Vanguard Group Inc. now owns 7,851,381 shares of the company’s stock worth $938,162,000 after buying an additional 186,929 shares during the last quarter. Schroder Investment Management Group raised its position in Universal Health Services by 102.3% in the fourth quarter. Schroder Investment Management Group now owns 885,011 shares of the company’s stock worth $105,750,000 after buying an additional 447,500 shares during the last quarter. PNC Financial Services Group Inc. raised its position in Universal Health Services by 19.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 498,199 shares of the company’s stock worth $59,530,000 after buying an additional 80,944 shares during the last quarter. Dimensional Fund Advisors LP raised its position in Universal Health Services by 8.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 462,203 shares of the company’s stock worth $55,230,000 after buying an additional 34,495 shares during the last quarter. Finally, California Public Employees Retirement System raised its position in Universal Health Services by 0.5% in the fourth quarter. California Public Employees Retirement System now owns 279,088 shares of the company’s stock worth $33,348,000 after buying an additional 1,500 shares during the last quarter.

Universal Health Services, Inc is a holding company. The Company, through its subsidiaries, is engaged in owning and operating acute care hospitals, behavioral health centers, surgical hospitals, ambulatory surgery centers and radiation oncology centers. Its segment is acute care hospital services and behavioral healthcare services.

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