Universal Health Services, Inc. (NYSE:UHS) – Equities research analysts at Leerink Swann lifted their FY2017 earnings estimates for shares of Universal Health Services in a research report issued to clients and investors on Monday. Leerink Swann analyst A. Gupte now forecasts that the health services provider will earn $7.43 per share for the year, up from their previous forecast of $7.35. Leerink Swann currently has a “Outperform” rating and a $132.00 price target on the stock.

Universal Health Services (NYSE:UHS) last posted its quarterly earnings data on Wednesday, October 25th. The health services provider reported $1.49 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.76 by ($0.27). Universal Health Services had a return on equity of 15.13% and a net margin of 6.90%. The firm had revenue of $2.51 billion during the quarter, compared to analysts’ expectations of $2.60 billion. During the same quarter in the previous year, the company posted $1.60 earnings per share. Universal Health Services’s revenue for the quarter was up 4.4% compared to the same quarter last year.

A number of other equities analysts have also recently issued reports on UHS. Citigroup upgraded Universal Health Services from a “neutral” rating to a “buy” rating in a report on Tuesday. Royal Bank of Canada reiterated a “buy” rating and issued a $147.00 price objective on shares of Universal Health Services in a report on Tuesday, October 3rd. Morgan Stanley cut their price objective 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 cut Universal Health Services from a “hold” rating to a “sell” rating in a report on Tuesday, September 26th. Finally, BMO Capital Markets started coverage on Universal Health Services in a research note on Monday, October 16th. They issued an “outperform” rating and a $125.00 target price for the company. Two analysts have rated the stock with a sell rating, four have given a hold rating and eleven have issued a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $126.31.

Universal Health Services (NYSE:UHS) opened at $112.44 on Wednesday. Universal Health Services has a fifty-two week low of $95.26 and a fifty-two week high of $129.74. The company has a quick ratio of 1.16, a current ratio of 1.26 and a debt-to-equity ratio of 0.80. The stock has a market capitalization of $10,533.00, a PE ratio of 14.84, a PEG ratio of 2.53 and a beta of 0.97.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in UHS. AXA raised its position in shares of Universal Health Services by 1.0% in the 3rd quarter. AXA now owns 79,016 shares of the health services provider’s stock worth $8,766,000 after acquiring an additional 757 shares in the last quarter. Jana Partners LLC raised its position in shares of Universal Health Services by 39.1% in the 3rd quarter. Jana Partners LLC now owns 1,891,986 shares of the health services provider’s stock worth $209,897,000 after acquiring an additional 531,358 shares in the last quarter. GSA Capital Partners LLP raised its position in shares of Universal Health Services by 154.0% in the 3rd quarter. GSA Capital Partners LLP now owns 6,135 shares of the health services provider’s stock worth $681,000 after acquiring an additional 3,720 shares in the last quarter. IFM Investors Pty Ltd bought a new position in shares of Universal Health Services in the 3rd quarter worth approximately $303,000. Finally, Westport Asset Management Inc. raised its position in shares of Universal Health Services by 14.7% in the 3rd quarter. Westport Asset Management Inc. now owns 119,661 shares of the health services provider’s stock worth $11,575,000 after acquiring an additional 15,323 shares in the last quarter. 86.13% of the stock is owned by institutional investors and hedge funds.

Universal Health Services declared that its Board of Directors has initiated a stock repurchase program on Wednesday, November 15th that permits the company to repurchase $400.00 million in shares. This repurchase authorization permits the health services provider to buy shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company’s board believes its shares are undervalued.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 1st will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.36%. The ex-dividend date of this dividend is Thursday, November 30th. Universal Health Services’s payout ratio is 5.49%.

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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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