Guggenheim Cuts Universal Health Services (NYSE:UHS) Price Target to $195.00

Universal Health Services (NYSE:UHS) had its target price decreased by research analysts at Guggenheim from $211.00 to $195.00 in a research report issued on Monday,Benzinga reports. The brokerage currently has a “buy” rating on the health services provider’s stock. Guggenheim’s price target would indicate a potential upside of 28.79% from the company’s current price.

UHS has been the subject of several other reports. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Universal Health Services from $261.00 to $230.00 and set a “buy” rating for the company in a research report on Wednesday, April 29th. Royal Bank Of Canada dropped their price objective on shares of Universal Health Services from $216.00 to $190.00 and set a “sector perform” rating for the company in a research note on Wednesday, April 29th. TD Cowen dropped their price target on shares of Universal Health Services from $230.00 to $197.00 and set a “buy” rating for the company in a research report on Monday, June 22nd. JPMorgan Chase & Co. reduced their price target on Universal Health Services from $235.00 to $205.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 20th. Finally, Barclays lowered Universal Health Services from an “overweight” rating to an “equal weight” rating and set a $179.00 price objective on the stock. in a research note on Wednesday, July 8th. Five research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $213.73.

Universal Health Services Stock Up 0.2%

Shares of UHS stock opened at $151.41 on Monday. Universal Health Services has a 52-week low of $140.08 and a 52-week high of $246.32. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.01 and a current ratio of 1.08. The stock has a market cap of $9.17 billion, a price-to-earnings ratio of 6.31, a PEG ratio of 0.81 and a beta of 1.07. The firm’s 50-day moving average is $152.40 and its 200-day moving average is $181.99.

Universal Health Services (NYSE:UHS) last released its quarterly earnings data on Tuesday, April 28th. The health services provider reported $5.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.41 by $0.21. Universal Health Services had a return on equity of 19.57% and a net margin of 8.56%.The company had revenue of $4.50 billion during the quarter, compared to analysts’ expectations of $4.39 billion. During the same period last year, the firm posted $4.84 earnings per share. The business’s revenue was up 9.6% on a year-over-year basis. Sell-side analysts predict that Universal Health Services will post 23.44 EPS for the current year.

Institutional Trading of Universal Health Services

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Elyxium Wealth LLC acquired a new stake in shares of Universal Health Services during the 4th quarter worth approximately $25,000. Harbor Capital Advisors Inc. acquired a new position in Universal Health Services during the fourth quarter valued at approximately $26,000. Founders Capital Management acquired a new position in Universal Health Services during the fourth quarter valued at approximately $28,000. Elevation Wealth Partners LLC lifted its stake in Universal Health Services by 503.1% during the second quarter. Elevation Wealth Partners LLC now owns 193 shares of the health services provider’s stock worth $29,000 after purchasing an additional 161 shares during the last quarter. Finally, CYBER HORNET ETFs LLC acquired a new stake in shares of Universal Health Services in the 2nd quarter valued at $29,000. Institutional investors own 86.05% of the company’s stock.

Universal Health Services Company Profile

Universal Health Services, Inc (NYSE: UHS) is one of the largest diversified health care management companies in the United States, offering a broad spectrum of services through its acute care hospital and behavioral health segments. The company operates general acute care hospitals, surgical hospitals and ambulatory centers, as well as inpatient and outpatient behavioral health facilities. Its network provides emergency and specialized medicine, diagnostic imaging, laboratory services, advanced surgical care and rehabilitation, complemented by a comprehensive array of behavioral services including psychiatric treatment, addiction programs and developmental disabilities care.

In the acute care segment, UHS’s facilities deliver services ranging from emergency department treatment and intensive care to maternity care and outpatient surgery.