Universal Health Services (NYSE:UHS) Earns “Neutral” Rating from JPMorgan Chase & Co.

Universal Health Services (NYSE:UHSGet Free Report)‘s stock had its “neutral” rating restated by JPMorgan Chase & Co. in a report issued on Tuesday, MarketBeat reports. They currently have a $226.00 price target on the health services provider’s stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 27.30% from the stock’s previous close.

Several other research firms have also issued reports on UHS. KeyCorp started coverage on Universal Health Services in a research report on Friday, October 11th. They issued a “sector weight” rating for the company. StockNews.com cut shares of Universal Health Services from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 9th. Cantor Fitzgerald reiterated a “neutral” rating and issued a $219.00 target price on shares of Universal Health Services in a research note on Friday, October 25th. TD Cowen reduced their price target on shares of Universal Health Services from $275.00 to $251.00 and set a “buy” rating for the company in a research report on Tuesday, November 26th. Finally, Robert W. Baird boosted their price objective on shares of Universal Health Services from $236.00 to $274.00 and gave the stock an “outperform” rating in a report on Wednesday, September 4th. Seven investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Universal Health Services currently has a consensus rating of “Moderate Buy” and a consensus price target of $226.14.

Read Our Latest Stock Analysis on Universal Health Services

Universal Health Services Price Performance

Shares of UHS opened at $177.53 on Tuesday. Universal Health Services has a fifty-two week low of $148.00 and a fifty-two week high of $243.25. The firm’s 50-day simple moving average is $205.66 and its two-hundred day simple moving average is $208.28. The stock has a market cap of $11.71 billion, a PE ratio of 11.80, a price-to-earnings-growth ratio of 0.60 and a beta of 1.28. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.28 and a current ratio of 1.39.

Universal Health Services (NYSE:UHSGet Free Report) last posted its quarterly earnings results on Thursday, October 24th. The health services provider reported $3.71 earnings per share for the quarter, missing the consensus estimate of $3.75 by ($0.04). Universal Health Services had a return on equity of 15.75% and a net margin of 6.66%. The company had revenue of $3.96 billion during the quarter, compared to analysts’ expectations of $3.90 billion. During the same quarter in the previous year, the company earned $2.55 EPS. The business’s quarterly revenue was up 11.3% on a year-over-year basis. Analysts anticipate that Universal Health Services will post 15.88 earnings per share for the current fiscal year.

Insider Buying and Selling at Universal Health Services

In other Universal Health Services news, Director Maria Ruderman Singer sold 1,614 shares of the stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $191.15, for a total value of $308,516.10. Following the transaction, the director now directly owns 5,879 shares in the company, valued at approximately $1,123,770.85. This trade represents a 21.54 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 16.10% of the company’s stock.

Institutional Investors Weigh In On Universal Health Services

Several hedge funds and other institutional investors have recently modified their holdings of UHS. Point72 Asset Management L.P. increased its holdings in Universal Health Services by 362.3% in the 2nd quarter. Point72 Asset Management L.P. now owns 322,626 shares of the health services provider’s stock worth $59,663,000 after acquiring an additional 252,846 shares in the last quarter. Marshall Wace LLP boosted its position in shares of Universal Health Services by 357.9% in the second quarter. Marshall Wace LLP now owns 261,221 shares of the health services provider’s stock worth $48,308,000 after purchasing an additional 204,178 shares during the period. Mackenzie Financial Corp increased its stake in shares of Universal Health Services by 408.2% in the second quarter. Mackenzie Financial Corp now owns 140,561 shares of the health services provider’s stock worth $25,994,000 after purchasing an additional 112,902 shares in the last quarter. Los Angeles Capital Management LLC increased its stake in shares of Universal Health Services by 102.0% in the third quarter. Los Angeles Capital Management LLC now owns 210,926 shares of the health services provider’s stock worth $48,304,000 after purchasing an additional 106,517 shares in the last quarter. Finally, Renaissance Technologies LLC bought a new stake in shares of Universal Health Services during the 2nd quarter valued at $18,031,000. 86.05% of the stock is currently owned by hedge funds and other institutional investors.

About Universal Health Services

(Get Free Report)

Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities. It operates through Acute Care Hospital Services and Behavioral Health Care Services segments. The company's 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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