Universal Health Services’ (UHS) “Equal Weight” Rating Reaffirmed at Barclays

Universal Health Services (NYSE:UHS)‘s stock had its “equal weight” rating reiterated by stock analysts at Barclays in a report issued on Wednesday,Benzinga reports. They presently have a $179.00 target price on the health services provider’s stock. Barclays‘s target price suggests a potential upside of 10.80% from the stock’s previous close.

Several other analysts have also recently commented on UHS. TD Cowen decreased their target price on Universal Health Services from $230.00 to $197.00 and set a “buy” rating on the stock in a report on Monday, June 22nd. Cantor Fitzgerald reduced their price target on shares of Universal Health Services from $229.00 to $194.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 29th. Guggenheim decreased their price objective on shares of Universal Health Services from $238.00 to $211.00 and set a “buy” rating on the stock in a report on Wednesday, April 29th. Wall Street Zen cut shares of Universal Health Services from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Finally, JPMorgan Chase & Co. dropped their target price on shares of Universal Health Services from $235.00 to $205.00 and set a “neutral” rating for the company in a research note on Wednesday, May 20th. Five equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Universal Health Services has an average rating of “Hold” and an average price target of $212.88.

Universal Health Services Price Performance

Shares of Universal Health Services stock opened at $161.55 on Wednesday. The company has a current ratio of 1.08, a quick ratio of 1.01 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $9.78 billion, a price-to-earnings ratio of 6.73, a P/E/G ratio of 0.84 and a beta of 1.07. Universal Health Services has a 1-year low of $140.08 and a 1-year high of $246.32. The firm’s 50-day moving average price is $155.09 and its two-hundred day moving average price is $186.19.

Universal Health Services (NYSE:UHS) last announced its earnings results on Tuesday, April 28th. The health services provider reported $5.62 EPS for the quarter, topping the consensus estimate of $5.41 by $0.21. Universal Health Services had a return on equity of 19.57% and a net margin of 8.56%.The business had revenue of $4.50 billion for the quarter, compared to the consensus estimate of $4.39 billion. During the same period in the previous year, the business earned $4.84 EPS. Universal Health Services’s revenue was up 9.6% compared to the same quarter last year. On average, equities analysts predict that Universal Health Services will post 23.47 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Universal Health Services

Several institutional investors have recently modified their holdings of UHS. Elyxium Wealth LLC acquired a new position in Universal Health Services in the fourth quarter valued at approximately $25,000. Harbor Capital Advisors Inc. bought a new stake in shares of Universal Health Services during the 4th quarter valued at $26,000. Founders Capital Management acquired a new position in shares of Universal Health Services in the 4th quarter valued at $28,000. CYBER HORNET ETFs LLC acquired a new position in shares of Universal Health Services in the 2nd quarter valued at $29,000. Finally, Larson Financial Group LLC lifted its stake in shares of Universal Health Services by 302.9% in the 4th quarter. Larson Financial Group LLC now owns 141 shares of the health services provider’s stock valued at $31,000 after purchasing an additional 106 shares during the period. Institutional investors and hedge funds own 86.05% of the company’s stock.

About Universal Health Services

Universal Health Services, Inc (NYSE: UHS) is one of the largest diversified health care management companies in the United States, offering a broad spectrum of services through its acute care hospital and behavioral health segments. The company operates general acute care hospitals, surgical hospitals and ambulatory centers, as well as inpatient and outpatient behavioral health facilities. Its network provides emergency and specialized medicine, diagnostic imaging, laboratory services, advanced surgical care and rehabilitation, complemented by a comprehensive array of behavioral services including psychiatric treatment, addiction programs and developmental disabilities care.

In the acute care segment, UHS’s facilities deliver services ranging from emergency department treatment and intensive care to maternity care and outpatient surgery.