Deutsche Bank Aktiengesellschaft Lowers Universal Health Services (NYSE:UHS) Price Target to $203.00

Universal Health Services (NYSE:UHS) had its target price reduced by research analysts at Deutsche Bank Aktiengesellschaft from $208.00 to $203.00 in a research note issued to investors on Friday, Benzinga reports. The brokerage presently has a “buy” rating on the health services provider’s stock. Deutsche Bank Aktiengesellschaft’s price objective would indicate a potential upside of 21.71% from the company’s current price.

Other analysts have also issued reports about the company. JPMorgan Chase & Co. raised their price target on Universal Health Services from $144.00 to $182.00 and gave the stock a “neutral” rating in a research note on Wednesday, March 13th. StockNews.com raised Universal Health Services from a “hold” rating to a “buy” rating in a research note on Monday, January 8th. Barclays initiated coverage on Universal Health Services in a research note on Wednesday, March 6th. They issued an “equal weight” rating and a $181.00 price target on the stock. TD Cowen lifted their price objective on Universal Health Services from $140.00 to $181.00 and gave the company a “market perform” rating in a research note on Friday, March 1st. Finally, The Goldman Sachs Group lifted their price objective on Universal Health Services from $170.00 to $189.00 and gave the company a “buy” rating in a research note on Monday, March 4th. One research analyst has rated the stock with a sell rating, four have given a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $179.71.

Universal Health Services Trading Down 1.0 %

NYSE:UHS opened at $166.79 on Friday. The stock has a fifty day moving average price of $170.66 and a two-hundred day moving average price of $151.01. The stock has a market capitalization of $11.21 billion, a price-to-earnings ratio of 16.26, a PEG ratio of 0.81 and a beta of 1.24. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.29 and a current ratio of 1.40. Universal Health Services has a 1 year low of $119.90 and a 1 year high of $183.61.

Universal Health Services (NYSE:UHS) last released its quarterly earnings data on Tuesday, February 27th. The health services provider reported $3.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.02 by $0.11. The firm had revenue of $3.70 billion during the quarter, compared to analysts’ expectations of $3.66 billion. Universal Health Services had a return on equity of 12.08% and a net margin of 5.03%. Universal Health Services’s revenue was up 7.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.02 earnings per share. As a group, sell-side analysts anticipate that Universal Health Services will post 13.39 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Universal Health Services news, CFO Steve Filton sold 35,000 shares of Universal Health Services stock in a transaction that occurred on Friday, March 8th. The stock was sold at an average price of $176.82, for a total transaction of $6,188,700.00. Following the sale, the chief financial officer now directly owns 68,785 shares in the company, valued at approximately $12,162,563.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 15.40% of the stock is owned by company insiders.

Institutional Investors Weigh In On Universal Health Services

Several hedge funds and other institutional investors have recently bought and sold shares of UHS. Bessemer Group Inc. increased its holdings in shares of Universal Health Services by 76.4% in the 4th quarter. Bessemer Group Inc. now owns 187 shares of the health services provider’s stock valued at $26,000 after acquiring an additional 81 shares during the last quarter. Belpointe Asset Management LLC increased its holdings in shares of Universal Health Services by 45.4% in the 1st quarter. Belpointe Asset Management LLC now owns 253 shares of the health services provider’s stock valued at $32,000 after acquiring an additional 79 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of Universal Health Services by 42.8% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 267 shares of the health services provider’s stock valued at $34,000 after acquiring an additional 80 shares during the last quarter. Mather Group LLC. bought a new stake in shares of Universal Health Services in the 1st quarter valued at approximately $36,000. Finally, GAMMA Investing LLC bought a new stake in shares of Universal Health Services in the 4th quarter valued at approximately $42,000. 86.05% of the stock is currently owned by hedge funds and other institutional investors.

About Universal Health Services

Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities. It operates through Acute Care Hospital Services and Behavioral Health Care Services segments. The company's 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.