Universal Health Services (NYSE:UHS) Given New $203.00 Price Target at Deutsche Bank Aktiengesellschaft

Universal Health Services (NYSE:UHS - Get Free Report) had its target price dropped by research analysts at Deutsche Bank Aktiengesellschaft from $208.00 to $203.00 in a note issued to investors on Friday, Benzinga reports. The brokerage presently has a "buy" rating on the health services provider's stock. Deutsche Bank Aktiengesellschaft's price target would suggest a potential upside of 21.71% from the stock's previous close.

Other equities research analysts have also issued reports about the stock. The Goldman Sachs Group boosted their target price on shares of Universal Health Services from $170.00 to $189.00 and gave the stock a "buy" rating in a report on Monday, March 4th. Cantor Fitzgerald reissued an "underweight" rating and set a $156.00 target price on shares of Universal Health Services in a report on Wednesday. Mizuho boosted their target price on shares of Universal Health Services from $175.00 to $200.00 and gave the stock a "buy" rating in a report on Wednesday, March 6th. Barclays began coverage on shares of Universal Health Services in a report on Wednesday, March 6th. They set an "equal weight" rating and a $181.00 target price on the stock. Finally, Wells Fargo & Company boosted their target price on shares of Universal Health Services from $195.00 to $200.00 and gave the stock an "overweight" rating in a report on Thursday, March 28th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $179.71.

Universal Health Services Price Performance

UHS stock traded down $1.61 during trading on Friday, reaching $166.79. 516,696 shares of the company were exchanged, compared to its average volume of 544,493. The company has a 50-day moving average of $170.66 and a two-hundred day moving average of $150.83. The company has a market capitalization of $11.21 billion, a price-to-earnings ratio of 16.26, a P/E/G ratio of 0.82 and a beta of 1.24. Universal Health Services has a twelve month low of $119.90 and a twelve month high of $183.61. 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 (NYSE:UHS - Get Free Report) last released its quarterly earnings data on Tuesday, February 27th. The health services provider reported $3.13 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to analysts' expectations of $3.66 billion. During the same period in the prior year, the company earned $3.02 EPS. The firm's quarterly revenue was up 7.4% compared to the same quarter last year. As a group, equities analysts predict that Universal Health Services will post 13.39 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Universal Health Services news, CFO Steve Filton sold 35,000 shares of the firm's stock in a transaction on 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 directly owns 68,785 shares in the company, valued at $12,162,563.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 15.40% of the company's stock.

Institutional Investors Weigh In On Universal Health Services

A number of large investors have recently bought and sold shares of the stock. Global Assets Advisory LLC bought a new position in shares of Universal Health Services in the first quarter valued at $3,133,000. Mather Group LLC. bought a new position in shares of Universal Health Services in the first quarter valued at $36,000. GAMMA Investing LLC lifted its stake in shares of Universal Health Services by 34.8% in the first quarter. GAMMA Investing LLC now owns 360 shares of the health services provider's stock valued at $66,000 after buying an additional 93 shares in the last quarter. Los Angeles Capital Management LLC bought a new position in shares of Universal Health Services in the first quarter valued at $22,793,000. Finally, Trust Co. of Toledo NA OH bought a new position in shares of Universal Health Services in the first quarter valued at $219,000. 86.05% of the stock is currently owned by institutional investors and hedge funds.

About Universal Health Services

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.