Universal Health Services (NYSE:UHS) Price Target Raised to $183.00

Universal Health Services (NYSE:UHS - Free Report) had its target price raised by TD Cowen from $181.00 to $183.00 in a research report released on Tuesday, Benzinga reports. They currently have a hold rating on the health services provider's stock.

A number of other equities analysts have also commented on the stock. StockNews.com upgraded shares of Universal Health Services from a hold rating to a buy rating in a report on Monday, January 8th. Wells Fargo & Company upped their target price on shares of Universal Health Services from $195.00 to $200.00 and gave the company an overweight rating in a research note on Thursday, March 28th. UBS Group upped their target price on shares of Universal Health Services from $152.00 to $177.00 and gave the company a neutral rating in a research note on Thursday, February 29th. Mizuho upped their target price on shares of Universal Health Services from $175.00 to $200.00 and gave the company a buy rating in a research note on Wednesday, March 6th. Finally, Barclays upped their target price on shares of Universal Health Services from $181.00 to $189.00 and gave the company an equal weight rating in a research note on Friday. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of Moderate Buy and an average target price of $182.79.

Universal Health Services Stock Up 0.8 %

UHS stock traded up $1.31 during trading on Tuesday, reaching $170.43. The stock had a trading volume of 1,002,771 shares, compared to its average volume of 592,920. Universal Health Services has a 1-year low of $119.90 and a 1-year high of $183.61. The company has a current ratio of 1.38, a quick ratio of 1.28 and a debt-to-equity ratio of 0.75. The company has a market capitalization of $11.46 billion, a P/E ratio of 14.44, a PEG ratio of 0.82 and a beta of 1.24. The firm has a fifty day moving average price of $170.76 and a 200 day moving average price of $154.00.

Universal Health Services (NYSE:UHS - Get Free Report) last issued its quarterly earnings data on Wednesday, April 24th. The health services provider reported $3.70 EPS for the quarter, topping analysts' consensus estimates of $3.14 by $0.56. Universal Health Services had a net margin of 5.57% and a return on equity of 13.34%. The firm had revenue of $3.84 billion for the quarter, compared to analyst estimates of $3.78 billion. During the same quarter in the previous year, the business posted $2.34 EPS. The firm's revenue was up 10.8% compared to the same quarter last year. On average, equities analysts anticipate that Universal Health Services will post 13.47 earnings per share for the current year.

Insider Buying and Selling

In related news, CFO Steve Filton sold 35,000 shares of Universal Health Services stock in a transaction dated Friday, March 8th. The stock was sold at an average price of $176.82, for a total transaction of $6,188,700.00. Following the transaction, the chief financial officer now directly owns 68,785 shares of the company's stock, valued at $12,162,563.70. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 16.10% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Universal Health Services

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Czech National Bank boosted its stake in Universal Health Services by 45.8% in the 3rd quarter. Czech National Bank now owns 10,861 shares of the health services provider's stock worth $1,366,000 after purchasing an additional 3,411 shares during the period. Asset Management One Co. Ltd. grew its holdings in shares of Universal Health Services by 10.8% during the third quarter. Asset Management One Co. Ltd. now owns 28,456 shares of the health services provider's stock valued at $3,578,000 after buying an additional 2,770 shares in the last quarter. Handelsbanken Fonder AB raised its position in Universal Health Services by 13.4% during the third quarter. Handelsbanken Fonder AB now owns 9,300 shares of the health services provider's stock valued at $1,169,000 after buying an additional 1,100 shares during the period. Robeco Institutional Asset Management B.V. lifted its stake in Universal Health Services by 1.5% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 33,440 shares of the health services provider's stock worth $4,204,000 after acquiring an additional 482 shares in the last quarter. Finally, Xponance Inc. boosted its position in Universal Health Services by 3.8% during the 3rd quarter. Xponance Inc. now owns 9,842 shares of the health services provider's stock worth $1,237,000 after acquiring an additional 356 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.