Universal Health Services, Inc. (NYSE:UHS) Receives Consensus “Hold” Rating From Brokerages

Shares of Universal Health Services, Inc. (NYSE:UHS – Get Rating) received a consensus “Hold” recommendation from the sixteen brokerages that currently cover the stock, Marketbeat reports. Three analysts rated the stock with a sell recommendation, four gave the company a hold recommendation and three gave the company a buy recommendation. The 1-year average price target among brokers who updated their coverage on the stock in the past year is $148.23.

Several equity research analysts have released reports on the stock. Mizuho lowered its price target on Universal Health Services stock from $164.00 to $153.00 in a Tuesday, May 3 research report. Royal Bank of Canada lowered its price target on shares of Universal Health Services from $149.00 to $130.00 in a report on Wednesday, April 27. Citigroup raised its price target on shares of Universal Health Services from $162.00 to $167.00 in a Tuesday, March 1 report. UBS Group raised its price target on Universal Health Services shares from $124.00 to $134.00 and gave the stock a “sell” rating in a Monday, March 7 report. Finally, Loop Capital began covering shares of Universal Health Services in a Thursday, June 16 report. They issued a “hold” rating and a price target of $115.00 for the company.

Hedge funds and other institutional investors have recently changed their stock holdings. The State Board of Administration of Florida Retirement System increased its position in Universal Health Services by 0.6% during the 4th quarter. The Florida Retirement System State Board of Directors now owns 103,174 shares of the healthcare provider worth $13,378,000 after purchasing an additional 653 shares during the period. Victory Capital Management Inc. increased its position in Universal Health Services by 19.5% during the 4th quarter. Victory Capital Management Inc. now owns 63,537 shares of the healthcare provider worth $8,238,000 after purchasing an additional 10,363 shares during the period. Quadrant Capital Group LLC increased its position in Universal Health Services by 389.1% during the 4th quarter. Quadrant Capital Group LLC now owns 856 shares of the healthcare provider valued at $111,000 after purchasing an additional 681 shares during the period. Dimensional Fund Advisors LP increased its position in Universal Health Services by 2.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,609,689 shares of the healthcare provider valued at $208,720,000 after purchasing an additional 40,107 shares during the period. Finally, Yousif Capital Management LLC bought a new position in Universal Health Services during the 4th quarter at a value of $1,469,000. 89.41% of the shares are currently held by institutional investors.

UHS stock opened at $102.96 on Wednesday. The company has a 50-day moving average of $125.01 and a 200-day moving average of $132.60. The company has a current ratio of 1.07, a quick ratio of 0.98 and a debt ratio of 0.71. Universal Health Services has a 12-month minimum of $99.54 and a 12-month maximum of $165.00. The company has a market capitalization of $7.70 billion, a P/E ratio of 9.02, a price-to-earnings growth ratio of 2.22 and a beta of 1.10.

Universal Health Services (NYSE:UHS – Get Rating) last released its quarterly earnings data on Monday, April 25. The healthcare provider reported EPS of $2.15 for the quarter, missing analyst consensus estimates of $2.47 per ($0.32). Universal Health Services posted a net margin of 7.25% and a return on equity of 15.06%. The company posted revenue of $3.29 billion in the quarter, versus a consensus estimate of $3.24 billion. In the same quarter last year, the company posted earnings per share of $2.44. Universal Health Services revenue increased 9.3% compared to the same quarter last year. Sell-side analysts expect Universal Health Services to post EPS of 11.38 for the current year.

Universal Health Services said its board of directors on Thursday (Feb. 24) approved a stock repurchase program that allows the company to repurchase $1.40 billion in outstanding stock. This repurchase authorization allows the health service provider to repurchase up to 12.1% of its shares through open market purchases. Stock buyback programs usually indicate that the management of the company believes that its shares are undervalued.

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 15. Investors of record on Wednesday June 1 received a dividend of $0.20. This represents an annualized dividend of $0.80 and a dividend yield of 0.78%. The ex-dividend date was Tuesday, May 31. The universal health services payout ratio is 7.01%.

Universal Health Services Company Profile (Get a rating)

Universal Health Services, Inc., through its subsidiaries, owns and operates acute care hospitals and ambulatory and behavioral health care facilities. The Company operates through the Acute Care Hospital Services and Behavioral Health Care Services segments. Its hospitals offer general and specialized surgery, internal medicine, obstetrics, emergency care, radiology, oncology, diagnostic and coronary care, pediatrics, pharmacy and/or behavioral health.

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