Research analysts at Credit Suisse Group AG assumed coverage on shares of Universal Health Services, Inc. (NYSE:UHS) in a report released on Thursday. The brokerage set an “outperform” rating and a $126.00 price target on the health services provider’s stock. Credit Suisse Group AG’s price objective would suggest a potential upside of 22.69% from the company’s current price.

Other equities analysts also recently issued research reports about the stock. Royal Bank Of Canada reissued a “buy” rating and issued a $147.00 target price on shares of Universal Health Services in a report on Tuesday, October 3rd. Piper Jaffray Companies reissued a “buy” rating and issued a $134.00 target price on shares of Universal Health Services in a report on Friday, July 28th. KeyCorp reissued a “buy” rating and issued a $127.00 target price on shares of Universal Health Services in a report on Thursday, September 7th. Robert W. Baird reissued a “buy” rating and issued a $122.00 target price on shares of Universal Health Services in a report on Friday, October 27th. Finally, TheStreet downgraded shares of Universal Health Services from a “b” rating to a “c+” rating in a report on Monday, August 21st. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and ten have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $128.33.

Universal Health Services (NYSE:UHS) last issued its quarterly earnings results on Wednesday, October 25th. The health services provider reported $1.49 earnings per share for the quarter, missing the consensus estimate 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 for the quarter, compared to analysts’ expectations of $2.60 billion. During the same period in the prior year, the firm earned $1.60 EPS. Universal Health Services’s revenue for the quarter was up 4.4% compared to the same quarter last year.

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A number of hedge funds have recently bought and sold shares of UHS. Janus Henderson Group PLC increased its position 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 valued at $275,926,000 after acquiring an additional 2,248,333 shares during the last quarter. Wells Fargo & Company MN increased its position in Universal Health Services by 160.5% during the second quarter. Wells Fargo & Company MN now owns 1,445,313 shares of the health services provider’s stock valued at $176,443,000 after acquiring an additional 890,490 shares during the last quarter. Renaissance Technologies LLC bought a new position in Universal Health Services during the second quarter valued at $63,140,000. Maverick Capital Ltd. increased its position 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 valued at $662,466,000 after acquiring an additional 473,763 shares during the last quarter. Finally, Glenview Capital Management LLC increased its position in Universal Health Services by 15.1% during the second quarter. Glenview Capital Management LLC now owns 1,973,545 shares of the health services provider’s stock valued at $240,930,000 after acquiring an additional 259,081 shares during the last quarter. Institutional investors and hedge funds own 85.73% of the company’s stock.

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.

Analyst Recommendations for Universal Health Services (NYSE:UHS)

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