Barclays Cuts Universal Health Services (UHS) Price Target to $130.00

Universal Health Services (NYSE:UHS) had its target price decreased by Barclays from $136.00 to $130.00 in a note issued to investors on Wednesday, BenzingaRatingsTable reports. The brokerage currently has an “equal weight” rating on the health services provider’s stock. Barclays‘s target price would indicate a potential upside of 6.72% from the stock’s previous close.

UHS has been the topic of a number of other reports. Zacks Investment Research lowered Universal Health Services from a “hold” rating to a “sell” rating in a research note on Friday, February 8th. Mizuho set a $150.00 price objective on Universal Health Services and gave the stock a “buy” rating in a research report on Thursday, February 28th. UBS Group lifted their price objective on Universal Health Services from $156.00 to $161.00 and gave the stock a “buy” rating in a research report on Monday, March 4th. Citigroup lifted their price objective on Universal Health Services from $140.00 to $164.00 and gave the stock a “buy” rating in a research report on Friday, March 1st. Finally, Stephens initiated coverage on Universal Health Services in a research report on Monday, January 14th. They set an “equal weight” rating and a $134.00 price objective on the stock. Two analysts have rated the stock with a sell rating, six have given a hold rating and eight have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $144.73.

Universal Health Services stock traded down $0.85 during midday trading on Wednesday, hitting $121.81. 3,244 shares of the company were exchanged, compared to its average volume of 685,008. The firm has a market cap of $14.52 billion, a price-to-earnings ratio of 12.97, a price-to-earnings-growth ratio of 1.22 and a beta of 1.11. Universal Health Services has a fifty-two week low of $109.37 and a fifty-two week high of $142.21. The company has a quick ratio of 1.24, a current ratio of 1.34 and a debt-to-equity ratio of 0.72.

Universal Health Services (NYSE:UHS) last posted its earnings results on Wednesday, February 27th. The health services provider reported $2.37 EPS for the quarter, topping the consensus estimate of $2.34 by $0.03. Universal Health Services had a return on equity of 16.58% and a net margin of 7.24%. The firm had revenue of $2.75 billion for the quarter, compared to analyst estimates of $2.74 billion. During the same period last year, the company earned $2.00 earnings per share. Universal Health Services’s revenue for the quarter was up 4.2% compared to the same quarter last year. Equities analysts expect that Universal Health Services will post 10.01 EPS for the current year.

A number of institutional investors and hedge funds have recently bought and sold shares of UHS. Oregon Public Employees Retirement Fund raised its stake in Universal Health Services by 11,078.5% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 3,222,767 shares of the health services provider’s stock valued at $28,000 after acquiring an additional 3,193,937 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Universal Health Services by 57.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,279,863 shares of the health services provider’s stock valued at $419,298,000 after acquiring an additional 1,196,760 shares during the last quarter. Norges Bank purchased a new stake in Universal Health Services during the 4th quarter valued at approximately $112,140,000. FMR LLC raised its stake in Universal Health Services by 19.5% during the 4th quarter. FMR LLC now owns 5,178,138 shares of the health services provider’s stock valued at $603,564,000 after acquiring an additional 844,173 shares during the last quarter. Finally, Clearbridge Investments LLC raised its stake in Universal Health Services by 313.7% during the 3rd quarter. Clearbridge Investments LLC now owns 534,952 shares of the health services provider’s stock valued at $68,388,000 after acquiring an additional 405,647 shares during the last quarter. 76.04% of the stock is owned by hedge funds and other institutional investors.

Universal Health Services Company Profile

Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, outpatient facilities, and behavioral health care facilities. The company operates through Acute Care Hospital Services, Behavioral Health Care Services, and Other segments. Its hospital offer general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, coronary care, pediatric services, pharmacy services, and/or behavioral health services.

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Analyst Recommendations for Universal Health Services (NYSE:UHS)

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