Universal Health Services (NYSE:UHS) Price Target Raised to $206.00 at Royal Bank Of Canada

Universal Health Services (NYSE:UHS) had its price target raised by Royal Bank Of Canada from $201.00 to $206.00 in a research report report published on Tuesday,Benzinga reports. The firm currently has a sector perform rating on the health services provider’s stock.

A number of other brokerages also recently issued reports on UHS. JPMorgan Chase & Co. reduced their price objective on Universal Health Services from $215.00 to $195.00 and set a “neutral” rating for the company in a research note on Monday, August 4th. Bank of America lowered shares of Universal Health Services from a “neutral” rating to an “underperform” rating and reduced their price target for the company from $215.00 to $185.00 in a research report on Wednesday, July 16th. Barclays raised their price objective on shares of Universal Health Services from $257.00 to $259.00 and gave the stock an “overweight” rating in a report on Wednesday, July 30th. Robert W. Baird lowered their price objective on shares of Universal Health Services from $243.00 to $203.00 and set a “neutral” rating on the stock in a research report on Thursday, August 14th. Finally, Wells Fargo & Company dropped their target price on shares of Universal Health Services from $225.00 to $210.00 and set an “overweight” rating on the stock in a research note on Thursday, August 14th. Five research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Universal Health Services presently has an average rating of “Hold” and an average price target of $214.15.

Universal Health Services Trading Up 2.8%

Shares of UHS stock opened at $182.5930 on Tuesday. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.19 and a current ratio of 1.29. The company has a market capitalization of $11.62 billion, a price-to-earnings ratio of 9.62, a PEG ratio of 0.73 and a beta of 1.24. Universal Health Services has a 52-week low of $152.33 and a 52-week high of $243.25. The company has a 50-day simple moving average of $173.62 and a two-hundred day simple moving average of $178.65.

Universal Health Services (NYSE:UHS) last posted its 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. The firm had revenue of $4.28 billion for the quarter, compared to analysts’ expectations of $4.24 billion. Universal Health Services had a net margin of 7.66% and a return on equity of 18.25%. The company’s quarterly revenue was up 9.6% compared to the same quarter last year. During the same quarter last year, the firm earned $4.31 EPS. Universal Health Services has set its FY 2025 guidance at 20.000-21.000 EPS. Research analysts anticipate that Universal Health Services will post 15.92 EPS for the current fiscal year.

Universal Health Services Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Tuesday, September 2nd. This represents a $0.80 dividend on an annualized basis and a yield of 0.4%. Universal Health Services’s payout ratio is presently 4.21%.

Hedge Funds Weigh In On Universal Health Services

Hedge funds have recently made changes to their positions in the stock. Zions Bancorporation National Association UT bought a new position in Universal Health Services in the 1st quarter worth about $30,000. CYBER HORNET ETFs LLC purchased a new stake in shares of Universal Health Services in the second quarter worth about $29,000. MUFG Securities EMEA plc purchased a new stake in shares of Universal Health Services in the second quarter worth about $31,000. First Horizon Advisors Inc. boosted its position 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 valued at $34,000 after acquiring an additional 146 shares during the period. Finally, Sentry Investment Management LLC purchased a new position in Universal Health Services during the first quarter valued at approximately $35,000. 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.