Universal Health Services, Inc. (NYSE:UHS) – KeyCorp decreased their Q4 2017 EPS estimates for Universal Health Services in a report issued on Thursday. KeyCorp analyst J. Gurda now anticipates that the health services provider will post earnings per share of $1.85 for the quarter, down from their prior forecast of $2.04. KeyCorp has a “Buy” rating and a $127.00 price objective on the stock. KeyCorp also issued estimates for Universal Health Services’ FY2018 earnings at $8.08 EPS and FY2019 earnings at $8.84 EPS.

Universal Health Services (NYSE:UHS) last announced its quarterly earnings results on Wednesday, October 25th. The health services provider reported $1.49 earnings per share for the quarter, missing analysts’ consensus estimates of $1.76 by ($0.27). Universal Health Services had a net margin of 6.90% and a return on equity of 15.13%. The firm had revenue of $2.51 billion during the quarter, compared to analyst estimates of $2.60 billion. During the same quarter in the prior year, the business earned $1.60 earnings per share. The business’s revenue was up 4.4% on a year-over-year basis. ILLEGAL ACTIVITY NOTICE: This story was first published by American Banking News and is owned by of American Banking News. If you are reading this story on another website, it was stolen and reposted in violation of US and international copyright and trademark legislation. The legal version of this story can be read at https://www.americanbankingnews.com/2017/10/30/q4-2017-eps-estimates-for-universal-health-services-inc-lowered-by-keycorp-uhs.html.

Several other equities analysts have also issued reports on UHS. Zacks Investment Research raised Universal Health Services from a “hold” rating to a “buy” rating and set a $137.00 price target on the stock in a research note on Tuesday, July 4th. Citigroup Inc. dropped their price target on Universal Health Services from $131.00 to $126.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 26th. Piper Jaffray Companies reissued a “buy” rating and issued a $134.00 price target on shares of Universal Health Services in a research note on Friday, July 28th. BidaskClub lowered Universal Health Services from a “hold” rating to a “sell” rating in a research note on Tuesday, August 1st. Finally, Morgan Stanley dropped their price target on Universal Health Services from $120.00 to $114.00 and set an “equal weight” rating on the stock in a research note on Thursday, August 17th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and nine have assigned a buy rating to the company. Universal Health Services presently has an average rating of “Hold” and a consensus price target of $128.60.

Shares of Universal Health Services (NYSE:UHS) opened at 103.49 on Monday. The company’s 50-day moving average price is $109.50 and its 200-day moving average price is $114.50. Universal Health Services has a 1-year low of $99.72 and a 1-year high of $129.74. The company has a market capitalization of $9.90 billion, a PE ratio of 14.07 and a beta of 1.03.

Large investors have recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in Universal Health Services by 2.2% during the second quarter. Vanguard Group Inc. now owns 8,969,365 shares of the health services provider’s stock worth $1,094,982,000 after buying an additional 191,666 shares in the last quarter. BlackRock Inc. grew its holdings in Universal Health Services by 0.5% during the second quarter. BlackRock Inc. now owns 6,656,148 shares of the health services provider’s stock worth $812,583,000 after buying an additional 29,943 shares in the last quarter. Maverick Capital Ltd. grew its holdings in Universal Health Services by 9.6% during the second quarter. Maverick Capital Ltd. now owns 5,426,487 shares of the health services provider’s stock worth $662,466,000 after buying an additional 473,763 shares in the last quarter. FMR LLC grew its holdings in Universal Health Services by 4.6% during the second quarter. FMR LLC now owns 4,623,099 shares of the health services provider’s stock worth $564,387,000 after buying an additional 204,558 shares in the last quarter. Finally, Janus Henderson Group PLC grew its holdings in Universal Health Services by 18,950.9% during the second quarter. Janus Henderson Group PLC now owns 2,260,197 shares of the health services provider’s stock worth $275,926,000 after buying an additional 2,248,333 shares in the last quarter. 85.73% of the stock is currently owned by institutional investors.

About Universal Health Services

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.

Earnings History and Estimates for Universal Health Services (NYSE:UHS)

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