Universal Health Services, Inc. (NYSE:UHS)‘s stock had its “buy” rating reissued by equities researchers at Royal Bank Of Canada in a report released on Tuesday, October 3rd. They currently have a $147.00 price objective on the health services provider’s stock. Royal Bank Of Canada’s price objective suggests a potential upside of 39.27% from the stock’s previous close.

Several other equities research analysts also recently issued reports on the stock. BidaskClub downgraded shares of Universal Health Services from a “hold” rating to a “sell” rating in a research note on Tuesday, August 1st. Citigroup Inc. lowered their price objective on shares of Universal Health Services from $131.00 to $126.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 26th. Zacks Investment Research downgraded shares of Universal Health Services from a “hold” rating to a “sell” rating in a research note on Tuesday, September 26th. Piper Jaffray Companies reiterated a “buy” rating and set a $134.00 price target on shares of Universal Health Services in a research note on Friday, July 28th. Finally, KeyCorp reissued a “buy” rating and set a $127.00 price objective on shares of Universal Health Services in a report on Thursday, September 7th. Two analysts have rated the stock with a sell rating, nine have given a hold rating and seven have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $133.23.

Universal Health Services (NYSE UHS) traded down 0.35% during midday trading on Tuesday, reaching $105.55. 1,203,799 shares of the company’s stock traded hands. The firm’s 50 day moving average price is $109.37 and its 200-day moving average price is $115.60. The company has a market capitalization of $10.10 billion, a PE ratio of 14.35 and a beta of 1.03. Universal Health Services has a 1-year low of $99.72 and a 1-year high of $129.74.

Universal Health Services (NYSE:UHS) last issued its quarterly earnings data on Tuesday, July 25th. The health services provider reported $1.94 earnings per share for the quarter, missing the consensus estimate of $2.06 by ($0.12). Universal Health Services had a net margin of 7.10% and a return on equity of 15.49%. The business had revenue of $2.61 billion for the quarter, compared to the consensus estimate of $2.64 billion. During the same period in the previous year, the business posted $1.94 EPS. Universal Health Services’s revenue was up 7.5% compared to the same quarter last year. Equities analysts expect that Universal Health Services will post $7.70 EPS for the current year.

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Institutional investors have recently made changes to their positions in the company. Creative Planning raised its stake in Universal Health Services by 2.4% in the 2nd quarter. Creative Planning now owns 1,152 shares of the health services provider’s stock valued at $141,000 after acquiring an additional 27 shares during the period. Grove Bank & Trust raised its stake in Universal Health Services by 262.4% in the 2nd quarter. Grove Bank & Trust now owns 1,196 shares of the health services provider’s stock valued at $146,000 after acquiring an additional 866 shares during the period. First Mercantile Trust Co. bought a new stake in Universal Health Services in the 2nd quarter valued at $150,000. Seven Bridges Advisors LLC bought a new stake in Universal Health Services in the 2nd quarter valued at $158,000. Finally, Stratos Wealth Partners LTD. grew its holdings in Universal Health Services by 1.3% in the 2nd quarter. Stratos Wealth Partners LTD. now owns 1,644 shares of the health services provider’s stock valued at $201,000 after buying an additional 21 shares in the last quarter. Institutional investors own 85.10% of the company’s stock.

About Universal Health Services

Universal Health Services, Inc is a holding company. The Company’s principal business is owning and operating, through its subsidiaries, acute care hospitals and outpatient facilities, and behavioral healthcare facilities. The Company’s segments include Acute Care Hospital Services, Behavioral Health Services and Other.

Analyst Recommendations for Universal Health Services (NYSE:UHS)

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