Analysts at Stephens began coverage on shares of Universal Health Services, Inc. (NYSE:UHS) in a research note issued to investors on Wednesday, The Fly reports. The brokerage set an “equal weight” rating on the health services provider’s stock.

Several other brokerages also recently weighed in on UHS. BidaskClub downgraded Universal Health Services from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st. Morgan Stanley lowered their price target on Universal Health Services from $120.00 to $114.00 and set an “equal weight” rating for the company in a report on Thursday, August 17th. Zacks Investment Research raised Universal Health Services from a “sell” rating to a “hold” rating in a report on Tuesday, August 8th. Leerink Swann raised their price target on Universal Health Services from $130.00 to $132.00 and gave the stock an “outperform” rating in a report on Friday, September 22nd. Finally, Royal Bank Of Canada reissued a “buy” rating and issued a $147.00 price target on shares of Universal Health Services in a report on Tuesday, October 3rd. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and seven have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $134.33.

Universal Health Services (NYSE:UHS) opened at 106.58 on Wednesday. Universal Health Services has a 52-week low of $99.72 and a 52-week high of $129.74. The stock has a 50 day moving average price of $109.54 and a 200 day moving average price of $115.87. The stock has a market cap of $10.20 billion, a price-to-earnings ratio of 14.49 and a beta of 1.03.

Universal Health Services (NYSE:UHS) last issued its quarterly earnings data on Tuesday, July 25th. The health services provider reported $1.94 earnings per share for the quarter, missing analysts’ consensus estimates of $2.06 by ($0.12). The company had revenue of $2.61 billion for the quarter, compared to the consensus estimate of $2.64 billion. Universal Health Services had a net margin of 7.10% and a return on equity of 15.49%. Universal Health Services’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same period in the previous year, the business earned $1.94 EPS. Analysts expect that Universal Health Services will post $7.71 EPS for the current fiscal year.

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Several large investors have recently made changes to their positions in UHS. UBS Asset Management Americas Inc. raised its stake in shares of Universal Health Services by 8.5% in the first quarter. UBS Asset Management Americas Inc. now owns 229,782 shares of the health services provider’s stock worth $28,596,000 after purchasing an additional 17,984 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Universal Health Services by 3.9% in the first quarter. Envestnet Asset Management Inc. now owns 4,211 shares of the health services provider’s stock worth $522,000 after purchasing an additional 160 shares during the last quarter. Pacer Advisors Inc. raised its stake in shares of Universal Health Services by 3.3% in the first quarter. Pacer Advisors Inc. now owns 1,700 shares of the health services provider’s stock worth $212,000 after purchasing an additional 55 shares during the last quarter. Principal Financial Group Inc. raised its stake in shares of Universal Health Services by 3.6% in the first quarter. Principal Financial Group Inc. now owns 139,619 shares of the health services provider’s stock worth $17,375,000 after purchasing an additional 4,817 shares during the last quarter. Finally, Teachers Advisors LLC raised its stake in shares of Universal Health Services by 17.3% in the first quarter. Teachers Advisors LLC now owns 386,354 shares of the health services provider’s stock worth $48,082,000 after purchasing an additional 57,089 shares during the last quarter. Hedge funds and other institutional investors own 85.10% 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.

The Fly

Analyst Recommendations for Universal Health Services (NYSE:UHS)

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