Universal Health Services (NYSE:UHS) PT Raised to $200.00

Universal Health Services (NYSE:UHS - Get Free Report) had its price target boosted by stock analysts at Wells Fargo & Company from $195.00 to $200.00 in a report issued on Thursday, Benzinga reports. The firm presently has an "overweight" rating on the health services provider's stock. Wells Fargo & Company's target price suggests a potential upside of 9.61% from the company's previous close.

Other equities research analysts have also issued reports about the stock. Citigroup increased their target price on shares of Universal Health Services from $170.00 to $193.00 and gave the stock a "buy" rating in a research note on Thursday, February 29th. Cantor Fitzgerald increased their target price on shares of Universal Health Services from $148.00 to $156.00 and gave the stock an "underweight" rating in a research note on Thursday, February 29th. JPMorgan Chase & Co. increased their target price on shares of Universal Health Services from $144.00 to $182.00 and gave the stock a "neutral" rating in a research note on Wednesday, March 13th. TD Cowen upped their price target on shares of Universal Health Services from $140.00 to $181.00 and gave the stock a "market perform" rating in a research report on Friday, March 1st. Finally, The Goldman Sachs Group upped their price target on shares of Universal Health Services from $170.00 to $189.00 and gave the stock a "buy" rating in a research report on Monday, March 4th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $176.29.

Universal Health Services Stock Performance

NYSE:UHS traded up $0.61 during mid-day trading on Thursday, hitting $182.46. The company's stock had a trading volume of 595,099 shares, compared to its average volume of 536,839. The business's fifty day moving average is $166.90 and its two-hundred day moving average is $147.15. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.40 and a quick ratio of 1.29. Universal Health Services has a 1 year low of $119.90 and a 1 year high of $183.61. The stock has a market cap of $12.26 billion, a price-to-earnings ratio of 17.73, a PEG ratio of 0.85 and a beta of 1.23.

Universal Health Services (NYSE:UHS - Get Free Report) last posted its earnings results on Tuesday, February 27th. The health services provider reported $3.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.02 by $0.11. Universal Health Services had a net margin of 5.03% and a return on equity of 12.08%. The business had revenue of $3.70 billion for the quarter, compared to analyst estimates of $3.66 billion. During the same period in the prior year, the company posted $3.02 EPS. The company's revenue for the quarter was up 7.4% on a year-over-year basis. Analysts anticipate that Universal Health Services will post 13.39 EPS for the current fiscal year.

Insider Buying and Selling at Universal Health Services

In other Universal Health Services news, CFO Steve Filton sold 35,000 shares of the stock in a transaction dated Friday, March 8th. The shares were sold at an average price of $176.82, for a total value of $6,188,700.00. Following the completion of the sale, the chief financial officer now owns 68,785 shares in the company, valued at approximately $12,162,563.70. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 15.40% of the stock is owned by insiders.

Institutional Trading of Universal Health Services

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Wellington Management Group LLP increased its holdings in shares of Universal Health Services by 26.6% during the 4th quarter. Wellington Management Group LLP now owns 13,109 shares of the health services provider's stock worth $1,998,000 after buying an additional 2,756 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Universal Health Services by 42.8% during the 4th quarter. Goldman Sachs Group Inc. now owns 736,542 shares of the health services provider's stock worth $112,278,000 after buying an additional 220,823 shares during the last quarter. Teachers Retirement System of The State of Kentucky increased its holdings in shares of Universal Health Services by 17.0% during the 4th quarter. Teachers Retirement System of The State of Kentucky now owns 164,670 shares of the health services provider's stock worth $25,102,000 after buying an additional 23,951 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its position in shares of Universal Health Services by 3.4% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 93,449 shares of the health services provider's stock worth $14,247,000 after purchasing an additional 3,031 shares during the period. Finally, Public Employees Retirement System of Ohio boosted its position in shares of Universal Health Services by 3.3% during the 4th quarter. Public Employees Retirement System of Ohio now owns 30,551 shares of the health services provider's stock worth $4,657,000 after purchasing an additional 965 shares during the period. Institutional investors and hedge funds own 86.05% of the company's stock.

Universal Health Services Company Profile

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.