Universal Health Services, Inc. (NYSE:UHS) – Investment analysts at Leerink Swann lowered their Q4 2018 EPS estimates for Universal Health Services in a note issued to investors on Monday, October 29th, Zacks Investment Research reports. Leerink Swann analyst A. Gupte now expects that the health services provider will earn $2.36 per share for the quarter, down from their prior forecast of $2.64. Leerink Swann currently has a “Outperform” rating and a $135.00 target price on the stock.
Other research analysts also recently issued reports about the company. Barclays assumed coverage on Universal Health Services in a research report on Tuesday, August 14th. They issued an “equal weight” rating and a $135.00 price target on the stock. Zacks Investment Research lowered Universal Health Services from a “buy” rating to a “hold” rating in a research note on Thursday, August 9th. ValuEngine upgraded Universal Health Services from a “sell” rating to a “hold” rating in a research report on Thursday, July 26th. Bank of America upgraded Universal Health Services from a “neutral” rating to a “buy” rating and upped their price objective for the company from $128.00 to $155.00 in a report on Tuesday, September 18th. Finally, Morgan Stanley increased their price target on Universal Health Services from $122.00 to $134.00 and gave the stock an “equal weight” rating in a report on Wednesday, September 5th. Eight equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Universal Health Services currently has an average rating of “Buy” and an average price target of $137.47.
Shares of Universal Health Services stock traded up $0.58 during trading on Wednesday, hitting $130.68. 775,115 shares of the stock traded hands, compared to its average volume of 815,499. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.09 and a quick ratio of 1.01. The firm has a market cap of $12.04 billion, a price-to-earnings ratio of 17.35, a P/E/G ratio of 1.30 and a beta of 0.80. Universal Health Services has a twelve month low of $98.35 and a twelve month high of $135.03.
Universal Health Services (NYSE:UHS) last released its quarterly earnings results on Thursday, October 25th. The health services provider reported $2.23 earnings per share for the quarter, beating the Zacks’ consensus estimate of $2.01 by $0.22. Universal Health Services had a return on equity of 16.33% and a net margin of 7.89%. The business had revenue of $2.65 billion during the quarter, compared to analyst estimates of $2.68 billion.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 17th. Shareholders of record on Monday, December 3rd will be given a $0.10 dividend. The ex-dividend date is Friday, November 30th. This represents a $0.40 annualized dividend and a yield of 0.31%. Universal Health Services’s dividend payout ratio (DPR) is 5.31%.
Several institutional investors and hedge funds have recently made changes to their positions in the company. Commonwealth Equity Services LLC bought a new position in shares of Universal Health Services during the 1st quarter worth approximately $413,000. Ladenburg Thalmann Financial Services Inc. boosted its holdings in Universal Health Services by 25.2% during the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,855 shares of the health services provider’s stock worth $337,000 after buying an additional 575 shares in the last quarter. Millennium Management LLC purchased a new stake in Universal Health Services during the first quarter worth $3,686,000. Royal Bank of Canada lifted its holdings in Universal Health Services by 24.5% during the first quarter. Royal Bank of Canada now owns 19,754 shares of the health services provider’s stock valued at $2,339,000 after purchasing an additional 3,881 shares in the last quarter. Finally, CIBC World Markets Inc. purchased a new position in Universal Health Services during the first quarter valued at $785,000. 89.98% of the stock is owned by hedge funds and other institutional investors.
Universal Health Services Company Profile
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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