Insider Selling: Universal Health Services Director Unloads 7,500 Shares of Stock (UHS)
Universal Health Services (NYSE:UHS) Director Robert Hotz sold 7,500 shares of the company’s stock on the open market in a transaction dated Thursday, September 12th. The stock was sold at an average price of $70.64, for a total transaction of $529,800.00. Following the sale, the director now directly owns 74,861 shares of the company’s stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
UHS has been the subject of a number of recent research reports. Analysts at Deutsche Bank raised their price target on shares of Universal Health Services (NYSE:UHS) from $78.00 to $79.00 in a research note to investors on Wednesday, August 14th. They now have a “buy” rating on the stock. Separately, analysts at Mizuho raised their price target on shares of Universal Health Services (NYSE:UHS) from $72.00 to $83.00 in a research note to investors on Monday, August 12th. They now have a “buy” rating on the stock. Finally, analysts at BMO Capital Markets raised their price target on shares of Universal Health Services (NYSE:UHS) from $67.00 to $70.00 in a research note to investors on Tuesday, July 30th.
Four equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $69.82.
Universal Health Services (NYSE:UHS) traded up 1.60% on Friday, hitting $71.81. 276,832 shares of the company’s stock traded hands. Universal Health Services has a 1-year low of $40.46 and a 1-year high of $72.74. The stock’s 50-day moving average is $69.81 and its 200-day moving average is $66.19. The company has a market cap of $7.051 billion and a P/E ratio of 14.50.
Universal Health Services (NYSE:UHS) last issued its quarterly earnings data on Thursday, July 25th. The company reported $1.53 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.16 by $0.37. The company had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.88 billion. During the same quarter in the prior year, the company posted $1.12 earnings per share. The company’s quarterly revenue was up 6.5% on a year-over-year basis. Analysts expect that Universal Health Services will post $4.48 EPS for the current fiscal year.
Universal Health Services, Inc owns and operates through its subsidiaries, acute care hospitals, behavioral health centers, surgical hospitals, ambulatory surgery centers and radiation oncology centers.
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