Universal Health Services (NYSE:UHS) Stock Price Down 0.2%

Shares of Universal Health Services, Inc. (NYSE:UHS) were down 0.2% during mid-day trading on Friday . The stock traded as low as $123.35 and last traded at $123.71. Approximately 5,105 shares changed hands during trading, a decline of 99% from the average daily volume of 630,365 shares. The stock had previously closed at $123.95.

Several equities research analysts have issued reports on UHS shares. Wells Fargo & Co lifted their price target on Universal Health Services from $147.00 to $150.00 and gave the stock an “outperform” rating in a research note on Friday, March 1st. Mizuho set a $150.00 price target on Universal Health Services and gave the stock a “buy” rating in a research note on Thursday, February 28th. Zacks Investment Research lowered Universal Health Services from a “hold” rating to a “sell” rating in a research note on Thursday, February 21st. Deutsche Bank lifted their price target on Universal Health Services from $140.00 to $160.00 and gave the stock a “buy” rating in a research note on Friday, March 1st. Finally, UBS Group lifted their price target on Universal Health Services from $156.00 to $161.00 and gave the stock a “buy” rating in a research note on Monday, March 4th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and eight have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $143.53.

The firm has a market capitalization of $11.17 billion, a P/E ratio of 12.88, a PEG ratio of 1.32 and a beta of 1.03. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.18 and a quick ratio of 1.09.

Universal Health Services (NYSE:UHS) last released its quarterly earnings data on Thursday, April 25th. The health services provider reported $2.45 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $2.62 by ($0.17). The company had revenue of $2.80 billion during the quarter, compared to analysts’ expectations of $2.82 billion. Universal Health Services had a return on equity of 16.21% and a net margin of 7.26%. The firm’s quarterly revenue was up 4.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.45 EPS. As a group, analysts expect that Universal Health Services, Inc. will post 9.98 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 17th. Stockholders of record on Monday, June 3rd will be issued a $0.10 dividend. The ex-dividend date of this dividend is Friday, May 31st. This represents a $0.40 annualized dividend and a dividend yield of 0.33%. Universal Health Services’s dividend payout ratio is currently 4.20%.

Several institutional investors and hedge funds have recently added to or reduced their stakes in UHS. Oregon Public Employees Retirement Fund increased its holdings in shares of Universal Health Services by 11,078.5% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 3,222,767 shares of the health services provider’s stock worth $28,000 after buying an additional 3,193,937 shares during the period. Ellis Investment Partners LLC purchased a new position in shares of Universal Health Services in the first quarter worth about $40,000. Bessemer Group Inc. increased its holdings in shares of Universal Health Services by 40.0% in the fourth quarter. Bessemer Group Inc. now owns 364 shares of the health services provider’s stock worth $43,000 after buying an additional 104 shares during the period. Financial Gravity Wealth Inc. purchased a new position in shares of Universal Health Services in the first quarter worth about $49,000. Finally, Doyle Wealth Management purchased a new position in shares of Universal Health Services in the fourth quarter worth about $58,000. Hedge funds and other institutional investors own 86.96% of the company’s stock.

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Universal Health Services Company Profile (NYSE:UHS)

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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