Universal Health Services (NYSE:UHS) PT Raised to $165.00

Universal Health Services (NYSE:UHS – Get Rating) had its target price lifted by investment analysts at Citigroup from $150.00 to $165.00 in a research report issued to clients and investors on Thursday, The Fly reports. Citigroup’s price objective suggests a potential upside of 9.74% from the stock’s previous close.

Other analysts also recently issued reports about the company. Mizuho lowered their price target on Universal Health Services from $144.00 to $140.00 and set a “buy” rating for the company in a research report on Monday, March 6th. Stephens reduced their target price on Universal Health Services from $155.00 to $140.00 and set an “equal weight” rating on the stock in a research note on Wednesday, March 1st. Wolfe Research lowered Universal Health Services from an “outperform” rating to a “peer perform” rating in a research note on Wednesday, March 1st. Barclays upgraded Universal Health Services from an “underweight” rating to an “equal weight” rating and increased their target price for the stock from $132.00 to $142.00 in a research note on Tuesday. Finally, UBS Group upgraded Universal Health Services from a “sell” rating to a “neutral” rating and increased their target price for the stock from $113.00 to $167.00 in a research note on Tuesday, January 24th. Three research analysts have rated the stock with a sell rating, ten have given a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, Universal Health Services has a consensus rating of “Hold” and an average price target of $137.12.

Universal Health Services Stock Up 3.1 %

Shares of UHS opened at $150.35 on Thursday. The company has a market cap of $10.63 billion, a PE ratio of 15.98, a P/E/G ratio of 1.97 and a beta of 1.25. The business has a fifty day moving average of $131.24 and a 200 day moving average of $130.97. Universal Health Services has a 52-week low of $82.50 and a 52-week high of $154.65. The company has a quick ratio of 1.21, a current ratio of 1.37 and a debt-to-equity ratio of 0.78.

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Universal Health Services (NYSE:UHS – Get Rating) last issued its quarterly earnings results on Tuesday, April 25th. The health services provider reported $2.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.15 by $0.19. The company had revenue of $3.47 billion during the quarter, compared to the consensus estimate of $3.45 billion. Universal Health Services had a return on equity of 12.33% and a net margin of 5.05%. Universal Health Services’s revenue was up 5.3% on a year-over-year basis. During the same period last year, the company earned $2.15 earnings per share. On average, sell-side analysts expect that Universal Health Services will post 10.04 EPS for the current year.

Insider Buying and Selling at Universal Health Services

In other Universal Health Services news, Director Lawrence S. Gibbs sold 1,568 shares of Universal Health Services stock in a transaction dated Friday, March 3rd. The stock was sold at an average price of $128.29, for a total value of $201,158.72. Following the transaction, the director now owns 3,023 shares in the company, valued at $387,820.67. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other Universal Health Services news, Director Lawrence S. Gibbs sold 793 shares of the firm’s stock in a transaction dated Tuesday, March 7th. The stock was sold at an average price of $122.31, for a total value of $96,991.83. Following the completion of the sale, the director now owns 2,230 shares of the company’s stock, valued at $272,751.30. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Lawrence S. Gibbs sold 1,568 shares of the firm’s stock in a transaction dated Friday, March 3rd. The stock was sold at an average price of $128.29, for a total value of $201,158.72. Following the completion of the sale, the director now directly owns 3,023 shares of the company’s stock, valued at approximately $387,820.67. The disclosure for this sale can be found here. 15.40% of the stock is owned by insiders.

Institutional Investors Weigh In On Universal Health Services

Institutional investors have recently added to or reduced their stakes in the business. Belpointe Asset Management LLC acquired a new stake in Universal Health Services in the fourth quarter worth about $25,000. Bessemer Group Inc. lifted its holdings in shares of Universal Health Services by 76.4% during the fourth quarter. Bessemer Group Inc. now owns 187 shares of the health services provider’s stock worth $26,000 after purchasing an additional 81 shares during the period. Proficio Capital Partners LLC acquired a new stake in shares of Universal Health Services during the first quarter worth about $27,000. Spire Wealth Management acquired a new stake in shares of Universal Health Services during the fourth quarter worth about $29,000. Finally, Ronald Blue Trust Inc. lifted its holdings in shares of Universal Health Services by 4,785.7% during the fourth quarter. Ronald Blue Trust Inc. now owns 342 shares of the health services provider’s stock worth $30,000 after purchasing an additional 335 shares during the period. Institutional investors and hedge funds own 87.17% of the company’s stock.

About Universal Health Services

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Universal Health Services, Inc operates as a healthcare management company, which through its subsidiaries, owns and operates acute care hospitals, behavioral health centers, and outpatient facilities. It operates through the following segments: Acute Care Hospital Services, Behavioral Health Care Services, and Other.

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