Universal Health Services (NYSE:UHS) had its target price hoisted by investment analysts at Bank of America from $158.00 to $165.00 in a note issued to investors on Friday, MarketBeat Ratings reports. The brokerage currently has a “buy” rating on the health services provider’s stock. Bank of America‘s price target indicates a potential upside of 8.11% from the stock’s current price.

Several other equities research analysts also recently commented on the stock. Barclays set a $24.00 price target on shares of Tenet Healthcare and gave the company a “hold” rating in a research report on Wednesday, April 17th. UBS Group restated a “buy” rating on shares of Fortis in a research report on Friday, June 7th. Finally, BMO Capital Markets upped their price target on shares of Discover Financial Services to $92.00 and gave the company a “market perform” rating in a research report on Monday, April 29th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and ten have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $147.82.

UHS stock traded down $0.03 on Friday, hitting $152.62. 326,031 shares of the company’s stock traded hands, compared to its average volume of 586,512. Universal Health Services has a 1-year low of $112.79 and a 1-year high of $157.79. The firm has a market cap of $13.69 billion, a PE ratio of 16.01, a price-to-earnings-growth ratio of 1.88 and a beta of 1.04. The stock’s fifty day moving average is $130.97. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.17 and a current ratio of 1.27.

Universal Health Services (NYSE:UHS) last released its earnings results on Thursday, July 25th. The health services provider reported $2.76 EPS for the quarter, beating the consensus estimate of $2.49 by $0.27. Universal Health Services had a net margin of 7.25% and a return on equity of 16.41%. The business had revenue of $2.86 billion during the quarter, compared to analyst estimates of $2.81 billion. During the same period in the prior year, the business earned $2.47 earnings per share. The business’s quarterly revenue was up 6.5% on a year-over-year basis. On average, equities analysts expect that Universal Health Services will post 10.02 EPS for the current year.

Several institutional investors and hedge funds have recently made changes to their positions in the company. World Asset Management Inc increased its stake in shares of Universal Health Services by 1.6% during the 2nd quarter. World Asset Management Inc now owns 5,922 shares of the health services provider’s stock worth $772,000 after purchasing an additional 93 shares during the last quarter. 6 Meridian increased its stake in shares of Universal Health Services by 2.6% during the 2nd quarter. 6 Meridian now owns 3,756 shares of the health services provider’s stock worth $490,000 after purchasing an additional 96 shares during the last quarter. Avalon Advisors LLC increased its stake in shares of Universal Health Services by 0.4% during the 1st quarter. Avalon Advisors LLC now owns 28,533 shares of the health services provider’s stock worth $3,817,000 after purchasing an additional 113 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in Universal Health Services by 1.4% in the 2nd quarter. Janney Montgomery Scott LLC now owns 8,276 shares of the health services provider’s stock valued at $1,079,000 after buying an additional 117 shares during the last quarter. Finally, Advisor Partners LLC grew its stake in Universal Health Services by 7.3% in the 2nd quarter. Advisor Partners LLC now owns 1,744 shares of the health services provider’s stock valued at $227,000 after buying an additional 119 shares during the last quarter. Institutional investors own 86.67% of the company’s stock.

About Universal Health Services

Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, outpatient facilities, and behavioral health care facilities. The company operates through Acute Care Hospital Services, Behavioral Health Care Services, and Other segments. Its hospital offer general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, 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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