Robert W. Baird Reiterates $203.00 Price Target for Universal Health Services (NYSE:UHS)

Universal Health Services (NYSE:UHS) has been assigned a $203.00 price objective by equities research analysts at Robert W. Baird in a report issued on Thursday, Marketbeat.com reports. The firm currently has a “neutral” rating on the health services provider’s stock. Robert W. Baird’s price target would suggest a potential upside of 14.81% from the company’s previous close.

A number of other equities analysts have also issued reports on the company. Wells Fargo & Company cut their target price on Universal Health Services from $225.00 to $210.00 and set an “overweight” rating on the stock in a research report on Thursday. UBS Group set a $227.00 target price on shares of Universal Health Services in a report on Wednesday, July 30th. Bank of America cut Universal Health Services from a “neutral” rating to an “underperform” rating and dropped their price target for the stock from $215.00 to $185.00 in a research report on Wednesday, July 16th. JPMorgan Chase & Co. dropped their target price on Universal Health Services from $215.00 to $195.00 and set a “neutral” rating on the stock in a research report on Monday, August 4th. Finally, Wall Street Zen downgraded shares of Universal Health Services from a “strong-buy” rating to a “buy” rating in a research report on Sunday, August 10th. One analyst has rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $213.77.

Universal Health Services Trading Down 1.1%

UHS traded down $1.93 during midday trading on Thursday, hitting $176.81. The company’s stock had a trading volume of 31,984 shares, compared to its average volume of 845,030. Universal Health Services has a 52-week low of $152.33 and a 52-week high of $243.25. The firm has a 50-day moving average price of $173.65 and a two-hundred day moving average price of $178.90. The company has a current ratio of 1.29, a quick ratio of 1.19 and a debt-to-equity ratio of 0.64. The firm has a market cap of $11.49 billion, a P/E ratio of 9.32, a PEG ratio of 0.74 and a beta of 1.24.

Universal Health Services (NYSE:UHS) last issued its quarterly earnings results on Monday, July 28th. The health services provider reported $5.35 EPS for the quarter, topping the consensus estimate of $4.85 by $0.50. Universal Health Services had a net margin of 7.66% and a return on equity of 18.25%. The firm had revenue of $4.28 billion during the quarter, compared to analyst estimates of $4.24 billion. During the same quarter in the prior year, the business posted $4.31 earnings per share. Universal Health Services’s revenue for the quarter was up 9.6% compared to the same quarter last year. On average, research analysts anticipate that Universal Health Services will post 15.92 earnings per share for the current year.

Institutional Investors Weigh In On Universal Health Services

Hedge funds have recently modified their holdings of the stock. Zions Bancorporation National Association UT acquired a new stake in Universal Health Services during the 1st quarter worth about $30,000. First Horizon Advisors Inc. boosted its holdings in shares of Universal Health Services by 347.6% in the second quarter. First Horizon Advisors Inc. now owns 188 shares of the health services provider’s stock worth $34,000 after buying an additional 146 shares during the period. Sentry Investment Management LLC purchased a new position in shares of Universal Health Services in the first quarter worth approximately $35,000. Huntington National Bank raised its holdings in shares of Universal Health Services by 240.0% during the second quarter. Huntington National Bank now owns 204 shares of the health services provider’s stock valued at $37,000 after acquiring an additional 144 shares during the period. Finally, UMB Bank n.a. raised its holdings in shares of Universal Health Services by 49.3% during the first quarter. UMB Bank n.a. now owns 203 shares of the health services provider’s stock valued at $38,000 after acquiring an additional 67 shares during the period. 86.05% of the stock is 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.