Universal Health Services, Inc. (NYSE:UHS)‘s stock had its “buy” rating reissued by analysts at KeyCorp in a research report issued on Thursday. They presently have a $127.00 price target on the health services provider’s stock. KeyCorp’s price objective indicates a potential upside of 14.93% from the stock’s current price.

A number of other analysts also recently weighed in on UHS. Zacks Investment Research upgraded Universal Health Services from a “sell” rating to a “hold” rating in a report on Tuesday, August 8th. Morgan Stanley reduced their target price on Universal Health Services from $120.00 to $114.00 and set an “equal weight” rating for the company in a research note on Thursday, August 17th. BidaskClub downgraded Universal Health Services from a “hold” rating to a “sell” rating in a research note on Tuesday, August 1st. Piper Jaffray Companies restated a “buy” rating and issued a $134.00 target price on shares of Universal Health Services in a research note on Friday, July 28th. Finally, TheStreet downgraded Universal Health Services from a “b” rating to a “c+” rating in a research note on Monday, August 21st. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and six have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $134.55.

Universal Health Services (UHS) traded up 0.41% on Thursday, reaching $110.50. The company’s stock had a trading volume of 439,494 shares. The company has a market cap of $10.57 billion, a P/E ratio of 15.02 and a beta of 1.07. The stock’s 50 day moving average price is $110.28 and its 200 day moving average price is $118.00. Universal Health Services has a 12 month low of $99.72 and a 12 month high of $129.74.

Universal Health Services (NYSE:UHS) last issued its quarterly earnings results on Tuesday, July 25th. The health services provider reported $1.94 earnings per share for the quarter, missing the Zacks’ consensus estimate of $2.06 by $0.12. Universal Health Services had a return on equity of 15.49% and a net margin of 7.10%. The business had revenue of $2.61 billion for the quarter, compared to analyst estimates of $2.64 billion. During the same quarter in the previous year, the business posted $1.94 earnings per share. The business’s revenue was up 7.5% on a year-over-year basis. Equities research analysts forecast that Universal Health Services will post $7.73 earnings per share for the current year.

COPYRIGHT VIOLATION WARNING: This piece was originally posted by American Banking News and is the property of of American Banking News. If you are viewing this piece on another domain, it was illegally copied and republished in violation of United States & international trademark & copyright legislation. The correct version of this piece can be accessed at https://www.americanbankingnews.com/2017/09/08/keycorp-reaffirms-buy-rating-for-universal-health-services-inc-uhs.html.

A number of institutional investors have recently added to or reduced their stakes in the stock. Lord Abbett & CO. LLC purchased a new position in Universal Health Services in the 2nd quarter valued at approximately $4,932,000. Sentry Investment Management LLC grew its position in shares of Universal Health Services by 1.1% during the 2nd quarter. Sentry Investment Management LLC now owns 6,848 shares of the health services provider’s stock valued at $836,000 after purchasing an additional 72 shares in the last quarter. Toronto Dominion Bank grew its position in shares of Universal Health Services by 25.7% during the 2nd quarter. Toronto Dominion Bank now owns 30,293 shares of the health services provider’s stock valued at $3,698,000 after purchasing an additional 6,188 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in shares of Universal Health Services during the 2nd quarter valued at $608,000. Finally, Colony Group LLC grew its position in shares of Universal Health Services by 2.0% during the 2nd quarter. Colony Group LLC now owns 73,820 shares of the health services provider’s stock valued at $9,012,000 after purchasing an additional 1,449 shares in the last quarter. Institutional investors and hedge funds own 85.27% of the company’s stock.

Universal Health Services Company Profile

Universal Health Services, Inc is a holding company. The Company’s principal business is owning and operating, through its subsidiaries, acute care hospitals and outpatient facilities, and behavioral healthcare facilities. The Company’s segments include Acute Care Hospital Services, Behavioral Health Services and Other.

Analyst Recommendations for Universal Health Services (NYSE:UHS)

Receive News & Ratings for Universal Health Services Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Universal Health Services Inc. and related companies with MarketBeat.com's FREE daily email newsletter.