Barclays Begins Coverage on Universal Health Services (NYSE:UHS)

Barclays initiated coverage on shares of Universal Health Services (NYSE:UHSFree Report) in a research note published on Wednesday morning, Marketbeat reports. The firm issued an equal weight rating and a $181.00 price objective on the health services provider’s stock.

UHS has been the topic of a number of other research reports. TD Cowen boosted their price objective on Universal Health Services from $140.00 to $181.00 and gave the stock a market perform rating in a research note on Friday, March 1st. Cantor Fitzgerald upped their price target on Universal Health Services from $148.00 to $156.00 and gave the company an underweight rating in a research note on Thursday, February 29th. Wells Fargo & Company raised Universal Health Services from an equal weight rating to an overweight rating and upped their price target for the company from $144.00 to $177.00 in a research note on Tuesday, January 2nd. JPMorgan Chase & Co. cut their price target on Universal Health Services from $152.00 to $144.00 and set a neutral rating on the stock in a research note on Friday, November 17th. Finally, StockNews.com raised Universal Health Services from a hold rating to a buy rating in a research note on Monday, January 8th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of Moderate Buy and a consensus target price of $171.93.

Read Our Latest Analysis on Universal Health Services

Universal Health Services Stock Down 1.1 %

Shares of NYSE:UHS opened at $175.69 on Wednesday. Universal Health Services has a 52-week low of $113.69 and a 52-week high of $179.40. The company has a quick ratio of 1.29, a current ratio of 1.40 and a debt-to-equity ratio of 0.77. The company has a market capitalization of $11.99 billion, a price-to-earnings ratio of 17.12, a price-to-earnings-growth ratio of 0.90 and a beta of 1.23. The company has a 50 day moving average of $161.27 and a two-hundred day moving average of $142.95.

Universal Health Services (NYSE:UHSGet Free Report) last released its earnings results on Tuesday, February 27th. The health services provider reported $3.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.02 by $0.11. The firm had revenue of $3.70 billion for the quarter, compared to analyst estimates of $3.66 billion. Universal Health Services had a return on equity of 12.08% and a net margin of 5.03%. Universal Health Services’s revenue was up 7.4% compared to the same quarter last year. During the same period in the previous year, the company earned $3.02 earnings per share. As a group, analysts forecast that Universal Health Services will post 13.52 earnings per share for the current fiscal year.

Universal Health Services Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 15th. Stockholders of record on Friday, March 1st will be given a $0.20 dividend. The ex-dividend date of this dividend is Thursday, February 29th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.46%. Universal Health Services’s dividend payout ratio is currently 7.80%.

Institutional Trading of Universal Health Services

A number of hedge funds have recently made changes to their positions in UHS. Wellington Management Group LLP raised its stake in Universal Health Services by 26.6% during the 4th quarter. Wellington Management Group LLP now owns 13,109 shares of the health services provider’s stock valued at $1,998,000 after buying an additional 2,756 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Universal Health Services by 42.8% during the fourth quarter. Goldman Sachs Group Inc. now owns 736,542 shares of the health services provider’s stock worth $112,278,000 after buying an additional 220,823 shares during the period. Teachers Retirement System of The State of Kentucky raised its holdings in shares of Universal Health Services by 17.0% during the fourth quarter. Teachers Retirement System of The State of Kentucky now owns 164,670 shares of the health services provider’s stock worth $25,102,000 after purchasing an additional 23,951 shares during the last quarter. Price T Rowe Associates Inc. MD raised its holdings in shares of Universal Health Services by 3.4% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 93,449 shares of the health services provider’s stock worth $14,247,000 after purchasing an additional 3,031 shares during the last quarter. Finally, Public Employees Retirement System of Ohio increased its holdings in Universal Health Services by 3.3% in the fourth quarter. Public Employees Retirement System of Ohio now owns 30,551 shares of the health services provider’s stock valued at $4,657,000 after buying an additional 965 shares in the last quarter. 85.11% of the stock is owned by institutional investors.

About Universal Health Services

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Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities. The company operates through Acute Care Hospital Services and Behavioral Health Care Services segments. Its 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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Analyst Recommendations for Universal Health Services (NYSE:UHS)

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