Universal Health Services Inc. Declares Quarterly Dividend of $0.05 (UHS)
Universal Health Services (NYSE:UHS) announced a quarterly dividend on Wednesday, January 15th, American Banking News reports. Shareholders of record on Monday, March 3rd will be paid a dividend of 0.05 per share on Monday, March 17th. This represents a $0.20 annualized dividend and a dividend yield of 0.23%.
A number of analysts have recently weighed in on UHS shares. Analysts at Mizuho raised their price target on shares of Universal Health Services from $83.00 to $98.00 in a research note to investors on Tuesday, November 26th. They now have a “buy” rating on the stock. On the ratings front, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Universal Health Services in a research note to investors on Thursday, November 21st. They now have a $92.00 price target on the stock, up previously from $84.00. Finally, analysts at Avondale Partners downgraded shares of Universal Health Services from an “outperform” rating to a “market perform” rating in a research note to investors on Thursday, November 21st. Five research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $83.57.
Universal Health Services (NYSE:UHS) traded up 0.13% during mid-day trading on Wednesday, hitting $85.80. The stock had a trading volume of 502,116 shares. Universal Health Services has a 1-year low of $52.57 and a 1-year high of $85.95. The stock’s 50-day moving average is $81.81 and its 200-day moving average is $75.3. The company has a market cap of $8.431 billion and a P/E ratio of 16.26.
Universal Health Services (NYSE:UHS) last issued its quarterly earnings data on Wednesday, October 30th. The company reported $1.15 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.02 by $0.13. The company had revenue of $1.82 million for the quarter, compared to the consensus estimate of $1.79 billion. During the same quarter last year, the company posted $0.91 earnings per share. Universal Health Services’s revenue was up 14.2% compared to the same quarter last year. Analysts expect that Universal Health Services will post $4.58 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.