The Goldman Sachs Group assumed coverage on shares of Universal Health Services (NYSE:UHS – Free Report) in a research report sent to investors on Tuesday morning, Marketbeat.com reports. The firm issued a neutral rating and a $219.00 target price on the health services provider’s stock.
A number of other equities analysts have also recently commented on the company. Wells Fargo & Company lifted their price target on Universal Health Services from $210.00 to $249.00 and gave the stock an “overweight” rating in a report on Tuesday, October 7th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Universal Health Services in a report on Wednesday, October 8th. Royal Bank Of Canada lifted their price target on Universal Health Services from $201.00 to $206.00 and gave the stock a “sector perform” rating in a report on Tuesday, August 19th. Bank of America cut Universal Health Services from a “neutral” rating to an “underperform” rating and reduced their price target for the stock from $215.00 to $185.00 in a report on Wednesday, July 16th. Finally, Robert W. Baird reduced their price target on Universal Health Services from $243.00 to $203.00 and set a “neutral” rating for the company in a report on Thursday, August 14th. Four research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $218.69.
Get Our Latest Stock Report on Universal Health Services
Universal Health Services Price Performance
Universal Health Services (NYSE:UHS – Get Free Report) last posted its earnings results on Monday, July 28th. The health services provider reported $5.35 earnings per share 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 analyst estimates of $4.24 billion. Universal Health Services had a return on equity of 18.25% and a net margin of 7.66%.The company’s revenue for the quarter was up 9.6% on a year-over-year basis. During the same period in the previous year, the company posted $4.31 earnings per share. Universal Health Services has set its FY 2025 guidance at 20.000-21.000 EPS. On average, equities analysts predict that Universal Health Services will post 15.92 earnings per share for the current year.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in UHS. Invesco Ltd. increased its holdings in shares of Universal Health Services by 11.1% during the second quarter. Invesco Ltd. now owns 1,461,198 shares of the health services provider’s stock worth $264,696,000 after buying an additional 145,730 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Universal Health Services by 9.0% during the first quarter. Dimensional Fund Advisors LP now owns 1,241,738 shares of the health services provider’s stock worth $233,311,000 after buying an additional 102,137 shares in the last quarter. AQR Capital Management LLC increased its holdings in shares of Universal Health Services by 57.8% during the first quarter. AQR Capital Management LLC now owns 931,355 shares of the health services provider’s stock worth $173,381,000 after buying an additional 340,966 shares in the last quarter. Massachusetts Financial Services Co. MA increased its holdings in shares of Universal Health Services by 3.5% during the second quarter. Massachusetts Financial Services Co. MA now owns 926,669 shares of the health services provider’s stock worth $167,866,000 after buying an additional 31,201 shares in the last quarter. Finally, American Century Companies Inc. increased its holdings in shares of Universal Health Services by 0.8% during the second quarter. American Century Companies Inc. now owns 639,524 shares of the health services provider’s stock worth $115,850,000 after buying an additional 4,932 shares in the last quarter. 86.05% of the stock is currently owned by institutional investors and hedge funds.
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.
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