Universal Health Services (NYSE:UHS) Sees Strong Transaction Volume


Shares of Universal Health Services, Inc. (NYSE:UHS – Get Rating) saw strong trading volume on Friday. 31,516 shares were traded during trading, down 95% from the previous session’s volume of 686,804 shares.

A Wall Street analyst gives his opinion

A number of equity research analysts have commented on the company. BMO Capital Markets downgraded Universal Health Services from a ‘market performance’ rating to an ‘underperformance’ rating and lowered its target price for the company from $133.00 to $90.00 in a report Wednesday, July 6. Loop Capital launched Universal Health Services coverage in a Thursday, June 16 research report. They issued a “holding” rating and a target price of $115.00 on the stock. SVB Leerink raised its price target on Universal Health Services from $103.00 to $111.00 and gave the stock a “market performance” rating in a Thursday, July 28 research note. Wells Fargo & Company cut its price target on Universal Health Services from $139.00 to $118.00 in a Thursday, April 28 research note. Finally, Deutsche Bank Aktiengesellschaft lowered its price target on universal health services from $160.00 to $130.00 in a Wednesday, July 27 research report. Five analysts gave the stock a sell rating, four gave the company a hold rating and five gave the company a buy rating. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $123.00.

Price performance of universal health services

The company has a 50-day moving average of $107.05 and a two-hundred-day moving average of $125.89. The company has a market capitalization of $7.88 billion, a P/E ratio of 11.00, a PEG ratio of 3.48 and a beta of 1.18. The company has a quick ratio of 1.12, a current ratio of 1.22 and a leverage ratio of 0.78.

Universal Health Services (NYSE:UHS – Get Rating) last announced its results on Monday, July 25. The healthcare service provider reported earnings per share of $2.20 for the quarter, beating the consensus estimate of $2.10 by $0.10. Universal Health Services had a return on equity of 12.88% and a net margin of 5.94%. The company posted revenue of $3.32 billion in the quarter, compared to $3.27 billion expected by analysts. In the same quarter last year, the company posted earnings per share of $3.76. The company’s quarterly revenue increased 3.9% year over year. Sell-side analysts expect Universal Health Services, Inc. to post EPS of 9.89 for the current year.

Announcing the Universal Health Services Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 15. Shareholders of record on Thursday, September 1 will receive a dividend of $0.20 per share. This represents an annualized dividend of $0.80 and a dividend yield of 0.74%. The ex-dividend date is Wednesday, August 31. Universal Health Services’ dividend payout rate is 8.15%.

Institutional investors weigh in on universal health services

Hedge funds have recently changed their stock holdings. Fifth Third Bancorp increased its stake in Universal Health Services by 10.9% in the first quarter. Fifth Third Bancorp now owns 692 shares of the healthcare provider worth $100,000 after acquiring 68 more shares in the last quarter. Parallel Advisors LLC increased its stake in Universal Health Services by 50.6% in the 1st quarter. Parallel Advisors LLC now owns 244 shares of the healthcare provider worth $36,000 after acquiring 82 more shares in the last quarter. Brinker Capital Investments LLC increased its stake in Universal Health Services by 2.5% in the 1st quarter. Brinker Capital Investments LLC now owns 3,375 shares of the healthcare provider worth $489,000 after acquiring 83 additional shares last quarter. Dean Investment Associates LLC increased its stake in Universal Health Services by 3.0% in the 1st quarter. Dean Investment Associates LLC now owns 3,241 shares of the healthcare provider worth $470,000 after acquiring 93 additional shares in the last quarter. Finally, Mutual of America Capital Management LLC increased its stake in Universal Health Services by 1.0% in the 1st quarter. Mutual of America Capital Management LLC now owns 9,750 shares of the healthcare provider worth $1,413,000 after acquiring 98 additional shares last quarter. 89.41% of the shares are held by hedge funds and other institutional investors.

About Universal Health Services

(Get an evaluation)

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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