Universal Health Services, Inc. (UHS) Receives Average Rating of “Buy” from Brokerages
Universal Health Services, Inc. (NYSE:UHS) has earned an average rating of “Buy” from the sixteen analysts that are presently covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and eleven have issued a buy rating on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $126.45.
Several brokerages recently commented on UHS. Leerink Swann upped their target price on Universal Health Services from $130.00 to $132.00 and gave the company an “outperform” rating in a research report on Friday, September 22nd. Morgan Stanley cut their target price on Universal Health Services from $120.00 to $114.00 and set an “equal weight” rating on the stock in a research report on Thursday, August 17th. BMO Capital Markets began coverage on Universal Health Services in a research report on Monday, October 16th. They set an “outperform” rating and a $125.00 target price on the stock. Royal Bank of Canada restated a “buy” rating and set a $126.00 target price on shares of Universal Health Services in a research report on Friday, October 27th. Finally, TheStreet lowered Universal Health Services from a “b” rating to a “c+” rating in a research report on Monday, August 21st.
Shares of Universal Health Services (NYSE UHS) traded down $0.95 during trading on Friday, hitting $112.93. The company had a trading volume of 1,046,400 shares, compared to its average volume of 799,789. Universal Health Services has a 52 week low of $95.26 and a 52 week high of $129.74. The company has a current ratio of 1.26, a quick ratio of 1.16 and a debt-to-equity ratio of 0.80. The company has a market cap of $10,808.24, a price-to-earnings ratio of 15.23, a price-to-earnings-growth ratio of 2.59 and a beta of 0.97.
Universal Health Services (NYSE:UHS) last announced its earnings results on Wednesday, October 25th. The health services provider reported $1.49 EPS for the quarter, missing the consensus estimate of $1.76 by ($0.27). Universal Health Services had a net margin of 6.90% and a return on equity of 15.13%. The business had revenue of $2.51 billion for the quarter, compared to the consensus estimate of $2.60 billion. During the same quarter in the previous year, the company earned $1.60 EPS. The firm’s revenue for the quarter was up 4.4% on a year-over-year basis. analysts predict that Universal Health Services will post 7.37 earnings per share for the current fiscal year.
Universal Health Services declared that its board has authorized a share repurchase program on Wednesday, November 15th that permits the company to buyback $400.00 million in outstanding shares. This buyback authorization permits the health services provider to repurchase shares of its stock through open market purchases. Shares buyback programs are generally an indication that the company’s board believes its shares are undervalued.
The company also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 1st will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.35%. The ex-dividend date is Thursday, November 30th. Universal Health Services’s dividend payout ratio (DPR) is currently 5.49%.
A number of hedge funds have recently bought and sold shares of the stock. First Mercantile Trust Co. purchased a new stake in shares of Universal Health Services in the second quarter worth approximately $150,000. Crossmark Global Holdings Inc. purchased a new stake in shares of Universal Health Services in the third quarter worth approximately $205,000. National Planning Corp raised its stake in shares of Universal Health Services by 0.3% in the second quarter. National Planning Corp now owns 1,712 shares of the health services provider’s stock worth $208,000 after purchasing an additional 5 shares during the last quarter. Cambridge Investment Research Advisors Inc. purchased a new stake in shares of Universal Health Services in the second quarter worth approximately $211,000. Finally, Advisor Group Inc. raised its stake in shares of Universal Health Services by 198.0% in the second quarter. Advisor Group Inc. now owns 1,812 shares of the health services provider’s stock worth $220,000 after purchasing an additional 1,204 shares during the last quarter. 86.13% of the stock is currently owned by institutional investors and hedge funds.
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Universal Health Services Company Profile
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.
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