Universal Health Services (NYSE:UHS) Given New $115.00 Price Target at Barclays

Universal Health Services (NYSE:UHSGet Rating) had its price target decreased by Barclays from $133.00 to $115.00 in a research report report published on Friday morning, The Fly reports.

Several other research analysts have also weighed in on the stock. BMO Capital Markets lowered shares of Universal Health Services from a market perform rating to an underperform rating and reduced their price objective for the stock from $133.00 to $90.00 in a research note on Wednesday, July 6th. Royal Bank of Canada reduced their price objective on shares of Universal Health Services from $130.00 to $114.00 and set a maintains rating on the stock in a research note on Wednesday, July 27th. SVB Leerink lifted their price objective on shares of Universal Health Services from $103.00 to $111.00 and gave the stock a market perform rating in a research note on Thursday, July 28th. StockNews.com lowered shares of Universal Health Services from a buy rating to a hold rating in a research note on Friday, April 29th. Finally, The Goldman Sachs Group cut their price target on shares of Universal Health Services from $125.00 to $110.00 and set a sell rating on the stock in a research note on Tuesday, July 12th. Five analysts have rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of Hold and a consensus target price of $122.14.

Universal Health Services Stock Down 2.0 %

Shares of NYSE UHS opened at $110.25 on Friday. The firm has a market capitalization of $8.25 billion, a PE ratio of 11.23, a price-to-earnings-growth ratio of 3.61 and a beta of 1.18. The company has a current ratio of 1.22, a quick ratio of 1.12 and a debt-to-equity ratio of 0.78. Universal Health Services has a 1 year low of $98.63 and a 1 year high of $162.23. The firm’s 50-day moving average is $110.53 and its 200-day moving average is $127.98.

Universal Health Services (NYSE:UHSGet Rating) last issued its earnings results on Monday, July 25th. The health services provider reported $2.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.10 by $0.10. Universal Health Services had a net margin of 5.94% and a return on equity of 12.88%. The company had revenue of $3.32 billion for the quarter, compared to analyst estimates of $3.27 billion. During the same quarter last year, the firm earned $3.76 EPS. The company’s revenue for the quarter was up 3.9% on a year-over-year basis. Equities analysts expect that Universal Health Services will post 9.9 EPS for the current year.

Universal Health Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 15th. Stockholders of record on Thursday, September 1st will be issued a $0.20 dividend. The ex-dividend date is Wednesday, August 31st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.73%. Universal Health Services’s dividend payout ratio (DPR) is presently 8.15%.

Institutional Trading of Universal Health Services

A number of hedge funds and other institutional investors have recently made changes to their positions in UHS. Nuance Investments LLC raised its holdings in shares of Universal Health Services by 150.6% in the fourth quarter. Nuance Investments LLC now owns 1,750,343 shares of the health services provider’s stock valued at $226,949,000 after purchasing an additional 1,051,850 shares during the last quarter. First Eagle Investment Management LLC raised its holdings in shares of Universal Health Services by 14.0% in the fourth quarter. First Eagle Investment Management LLC now owns 4,099,131 shares of the health services provider’s stock valued at $531,493,000 after purchasing an additional 502,100 shares during the last quarter. National Bank of Canada FI raised its holdings in shares of Universal Health Services by 4,969.3% in the second quarter. National Bank of Canada FI now owns 511,950 shares of the health services provider’s stock valued at $51,636,000 after purchasing an additional 501,851 shares during the last quarter. Invesco Ltd. increased its holdings in Universal Health Services by 9.2% during the fourth quarter. Invesco Ltd. now owns 3,811,217 shares of the health services provider’s stock worth $494,162,000 after buying an additional 321,368 shares during the last quarter. Finally, American Century Companies Inc. raised its position in Universal Health Services by 15.6% during the fourth quarter. American Century Companies Inc. now owns 2,269,854 shares of the health services provider’s stock worth $294,310,000 after acquiring an additional 307,066 shares in the last quarter. 89.41% of the stock is currently owned by institutional investors and hedge funds.

About Universal Health Services

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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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