Universal Health Services (NYSE:UHS) Stock Rating Lowered by StockNews.com

StockNews.com downgraded shares of Universal Health Services (NYSE:UHSGet Rating) from a buy rating to a hold rating in a research note published on Wednesday morning.

UHS has been the subject of several other reports. UBS Group increased their price objective on Universal Health Services from $124.00 to $134.00 and gave the company a sell rating in a research note on Monday, March 7th. Seaport Res Ptn downgraded shares of Universal Health Services from a buy rating to a neutral rating in a research note on Sunday, February 27th. TheStreet raised shares of Universal Health Services from a c+ rating to a b- rating in a research note on Monday, December 27th. SVB Leerink raised their target price on shares of Universal Health Services from $136.00 to $139.00 and gave the stock a market perform rating in a research note on Monday, February 28th. Finally, Citigroup upped their price target on Universal Health Services from $162.00 to $167.00 in a research report on Tuesday, March 1st. Four analysts have rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of Hold and a consensus target price of $154.58.

Shares of NYSE UHS opened at $148.96 on Wednesday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.04 and a current ratio of 1.14. The firm has a market cap of $11.14 billion, a PE ratio of 12.60, a PEG ratio of 1.24 and a beta of 1.06. Universal Health Services has a one year low of $116.23 and a one year high of $165.00. The firm has a fifty day moving average of $142.99 and a 200 day moving average of $134.33.

Universal Health Services (NYSE:UHSGet Rating) last released its earnings results on Thursday, February 24th. The health services provider reported $2.95 EPS for the quarter, topping analysts’ consensus estimates of $2.83 by $0.12. The business had revenue of $3.28 billion during the quarter, compared to analysts’ expectations of $3.13 billion. Universal Health Services had a net margin of 7.84% and a return on equity of 15.41%. The company’s quarterly revenue was up 6.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.59 earnings per share. On average, equities analysts predict that Universal Health Services will post 12.5 EPS for the current fiscal year.

Universal Health Services declared that its board has approved a stock buyback program on Thursday, February 24th that authorizes the company to buyback $1.40 billion in shares. This buyback authorization authorizes the health services provider to repurchase up to 12.1% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s board of directors believes its stock is undervalued.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 15th. Stockholders of record on Tuesday, March 1st were paid a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 0.54%. The ex-dividend date of this dividend was Monday, February 28th. Universal Health Services’s payout ratio is currently 6.77%.

In other Universal Health Services news, Director Eileen C. Mcdonnell sold 296 shares of the stock in a transaction that occurred on Monday, February 28th. The shares were sold at an average price of $141.17, for a total value of $41,786.32. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Lawrence S. Gibbs sold 1,307 shares of the business’s stock in a transaction on Friday, March 11th. The stock was sold at an average price of $153.00, for a total transaction of $199,971.00. The disclosure for this sale can be found here. 13.40% of the stock is owned by corporate insiders.

A number of large investors have recently made changes to their positions in UHS. Sumitomo Mitsui Trust Holdings Inc. boosted its stake in Universal Health Services by 1.5% in the third quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 247,616 shares of the health services provider’s stock valued at $34,263,000 after acquiring an additional 3,652 shares in the last quarter. Skandinaviska Enskilda Banken AB publ lifted its holdings in shares of Universal Health Services by 35.6% in the 3rd quarter. Skandinaviska Enskilda Banken AB publ now owns 22,941 shares of the health services provider’s stock valued at $3,174,000 after purchasing an additional 6,028 shares during the last quarter. Quadrant Capital Group LLC boosted its position in shares of Universal Health Services by 389.1% in the 4th quarter. Quadrant Capital Group LLC now owns 856 shares of the health services provider’s stock valued at $111,000 after purchasing an additional 681 shares during the period. LSV Asset Management grew its stake in Universal Health Services by 0.6% during the 4th quarter. LSV Asset Management now owns 1,181,946 shares of the health services provider’s stock worth $153,251,000 after buying an additional 7,465 shares during the last quarter. Finally, Van ECK Associates Corp increased its position in Universal Health Services by 34.6% during the third quarter. Van ECK Associates Corp now owns 6,924 shares of the health services provider’s stock worth $958,000 after buying an additional 1,780 shares during the period. Hedge funds and other institutional investors own 86.00% of the company’s stock.

Universal Health Services Company Profile (Get Rating)

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

Featured Stories

Analyst Recommendations for Universal Health Services (NYSE:UHS)

Receive News & Ratings for Universal Health Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Universal Health Services and related companies with MarketBeat.com's FREE daily email newsletter.