Several other research analysts have also commented on the stock. Citigroup lifted their price objective on shares of Universal Health Services from $162.00 to $167.00 in a research note on Tuesday, March 1st. SVB Leerink raised their target price on shares of Universal Health Services from $136.00 to $139.00 and gave the company a “market perform” rating in a research report on Monday, February 28th. TheStreet raised shares of Universal Health Services from a “c+” rating to a “b-” rating in a research report on Monday, December 27th. Seaport Res Ptn downgraded shares of Universal Health Services from a “buy” rating to a “neutral” rating in a research report on Sunday, February 27th. Finally, Mizuho boosted their target price on shares of Universal Health Services from $151.00 to $164.00 and gave the stock a “buy” rating in a research report on Thursday, March 3rd. Four equities research analysts have rated the stock with a sell rating, four have given a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $154.58.
Shares of UHS stock traded down $1.06 during mid-day trading on Thursday, reaching $154.49. 655,936 shares of the company’s stock traded hands, compared to its average volume of 664,870. The company has a market cap of $11.56 billion, a P/E ratio of 13.07, a P/E/G ratio of 1.28 and a beta of 1.06. The company’s 50-day moving average price is $145.45 and its 200-day moving average price is $134.82. Universal Health Services has a 12 month low of $116.23 and a 12 month high of $165.00. The company has a quick ratio of 1.04, a current ratio of 1.14 and a debt-to-equity ratio of 0.67.
Universal Health Services announced that its board has approved a share repurchase plan on Thursday, February 24th that allows the company to repurchase $1.40 billion in shares. This repurchase authorization allows the health services provider to buy up to 12.1% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s board believes its shares are undervalued.
In other Universal Health Services news, Director Lawrence S. Gibbs sold 1,307 shares of Universal Health Services stock in a transaction dated Friday, March 11th. The stock was sold at an average price of $153.00, for a total value of $199,971.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Eileen C. Mcdonnell sold 296 shares of Universal Health Services stock in a transaction dated Monday, February 28th. The shares were sold at an average price of $141.17, for a total value of $41,786.32. The disclosure for this sale can be found here. 13.40% of the stock is currently owned by company insiders.
Hedge funds have recently bought and sold shares of the stock. Skandinaviska Enskilda Banken AB publ grew its stake in Universal Health Services by 35.6% during the 3rd quarter. Skandinaviska Enskilda Banken AB publ now owns 22,941 shares of the health services provider’s stock worth $3,174,000 after buying an additional 6,028 shares during the last quarter. Quadrant Capital Group LLC lifted its holdings in shares of Universal Health Services by 389.1% during the fourth 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 last quarter. Yousif Capital Management LLC purchased a new stake in shares of Universal Health Services during the fourth quarter valued at $1,469,000. LSV Asset Management lifted its stake in Universal Health Services by 0.6% in the 4th quarter. LSV Asset Management now owns 1,181,946 shares of the health services provider’s stock worth $153,251,000 after acquiring an additional 7,465 shares in the last quarter. Finally, Van ECK Associates Corp lifted its stake in Universal Health Services by 34.6% in the 3rd quarter. Van ECK Associates Corp now owns 6,924 shares of the health services provider’s stock worth $958,000 after acquiring an additional 1,780 shares in the last quarter. 86.00% of the stock is currently owned by institutional investors and hedge funds.
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.
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