Guggenheim Cuts Universal Health Services (NYSE:UHS) Price Target to $195.00

Universal Health Services (NYSE:UHS) had its price objective decreased by Guggenheim from $211.00 to $195.00 in a research report report published on Monday, Marketbeat.com reports. Guggenheim currently has a buy rating on the health services provider’s stock.

A number of other research analysts also recently issued reports on UHS. Wall Street Zen downgraded Universal Health Services from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Stephens lowered their price objective on shares of Universal Health Services from $235.00 to $205.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 29th. Raymond James Financial downgraded Universal Health Services from an “outperform” rating to a “market perform” rating in a report on Wednesday, April 29th. Barclays downgraded shares of Universal Health Services from an “overweight” rating to an “equal weight” rating and set a $179.00 target price for the company. in a report on Wednesday, July 8th. Finally, Robert W. Baird dropped their price target on shares of Universal Health Services from $241.00 to $204.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 29th. Five research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company. According to data from MarketBeat.com, Universal Health Services has a consensus rating of “Hold” and a consensus target price of $213.73.

Universal Health Services Trading Down 0.4%

NYSE UHS opened at $149.35 on Monday. The business’s 50-day moving average price is $151.22 and its two-hundred day moving average price is $180.50. Universal Health Services has a 12 month low of $140.08 and a 12 month high of $246.32. The firm has a market capitalization of $9.04 billion, a PE ratio of 6.22, a price-to-earnings-growth ratio of 0.80 and a beta of 1.07. The company has a current ratio of 1.08, a quick ratio of 1.01 and a debt-to-equity ratio of 0.52.

Universal Health Services (NYSE:UHS) last issued its quarterly earnings data on Tuesday, April 28th. The health services provider reported $5.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.41 by $0.21. The company had revenue of $4.50 billion during the quarter, compared to the consensus estimate of $4.39 billion. Universal Health Services had a return on equity of 19.57% and a net margin of 8.56%.The firm’s revenue was up 9.6% compared to the same quarter last year. During the same period last year, the company earned $4.84 earnings per share. On average, analysts expect that Universal Health Services will post 23.44 EPS for the current year.

Universal Health Services Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Tuesday, September 1st. Universal Health Services’s dividend payout ratio (DPR) is 3.33%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Pzena Investment Management LLC raised its stake in shares of Universal Health Services by 31.5% during the 4th quarter. Pzena Investment Management LLC now owns 2,112,604 shares of the health services provider’s stock worth $460,590,000 after purchasing an additional 505,575 shares during the period. Dimensional Fund Advisors LP increased its holdings in Universal Health Services by 12.1% during the first quarter. Dimensional Fund Advisors LP now owns 1,781,262 shares of the health services provider’s stock worth $318,812,000 after buying an additional 192,351 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in Universal Health Services by 1.7% during the first quarter. Arrowstreet Capital Limited Partnership now owns 1,226,577 shares of the health services provider’s stock worth $219,520,000 after buying an additional 20,577 shares during the last quarter. Norges Bank bought a new stake in Universal Health Services in the fourth quarter worth about $199,334,000. Finally, Morgan Stanley raised its position in Universal Health Services by 59.5% in the fourth quarter. Morgan Stanley now owns 871,377 shares of the health services provider’s stock worth $189,978,000 after acquiring an additional 325,162 shares during the period. Institutional investors own 86.05% of the company’s stock.

Universal Health Services Company Profile

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.