Universal Health Services, Inc. Class B (UHS) Receives Average Rating of “Buy” from Brokerages

Shares of Universal Health Services, Inc. Class B (NYSE:UHS) have been assigned an average rating of “Buy” from the seventeen analysts that are currently covering the stock, Marketbeat reports. Eight research analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $134.85.

UHS has been the topic of a number of recent analyst reports. Morgan Stanley raised their target price on shares of Universal Health Services, Inc. Class B from $122.00 to $134.00 and gave the company an “equal weight” rating in a research note on Wednesday, September 5th. TheStreet downgraded shares of Universal Health Services, Inc. Class B from a “b” rating to a “c+” rating in a research note on Friday, June 8th. Goldman Sachs Group downgraded shares of Universal Health Services, Inc. Class B from a “buy” rating to a “neutral” rating and set a $120.00 target price on the stock. in a research note on Wednesday, July 18th. Zacks Investment Research raised shares of Universal Health Services, Inc. Class B from a “hold” rating to a “buy” rating and set a $139.00 target price on the stock in a research note on Monday, August 6th. Finally, ValuEngine downgraded shares of Universal Health Services, Inc. Class B from a “hold” rating to a “sell” rating in a research note on Friday, June 15th.

Shares of UHS stock traded down $0.15 during trading hours on Friday, reaching $125.86. The stock had a trading volume of 485,972 shares, compared to its average volume of 530,843. The company has a current ratio of 1.30, a quick ratio of 1.20 and a debt-to-equity ratio of 0.72. Universal Health Services, Inc. Class B has a 12 month low of $95.26 and a 12 month high of $130.25. The firm has a market capitalization of $11.58 billion, a P/E ratio of 16.71, a price-to-earnings-growth ratio of 1.17 and a beta of 0.86.

Universal Health Services, Inc. Class B (NYSE:UHS) last released its quarterly earnings data on Wednesday, July 25th. The health services provider reported $2.47 EPS for the quarter, beating analysts’ consensus estimates of $2.39 by $0.08. Universal Health Services, Inc. Class B had a net margin of 7.68% and a return on equity of 15.74%. The company had revenue of $2.68 billion during the quarter, compared to analyst estimates of $2.72 billion. During the same period last year, the business earned $1.94 earnings per share. Universal Health Services, Inc. Class B’s revenue was up 2.6% compared to the same quarter last year. sell-side analysts predict that Universal Health Services, Inc. Class B will post 9.51 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Monday, September 17th. Investors of record on Tuesday, September 4th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.32%. The ex-dividend date is Friday, August 31st. Universal Health Services, Inc. Class B’s dividend payout ratio is currently 5.31%.

A number of institutional investors and hedge funds have recently made changes to their positions in UHS. BlackRock Inc. raised its stake in shares of Universal Health Services, Inc. Class B by 1.0% during the second quarter. BlackRock Inc. now owns 6,529,283 shares of the health services provider’s stock worth $727,623,000 after acquiring an additional 63,817 shares in the last quarter. FMR LLC raised its stake in shares of Universal Health Services, Inc. Class B by 16.9% during the second quarter. FMR LLC now owns 4,123,674 shares of the health services provider’s stock worth $459,542,000 after acquiring an additional 596,965 shares in the last quarter. Epoch Investment Partners Inc. raised its stake in shares of Universal Health Services, Inc. Class B by 37.0% during the second quarter. Epoch Investment Partners Inc. now owns 1,267,363 shares of the health services provider’s stock worth $141,234,000 after acquiring an additional 342,013 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Universal Health Services, Inc. Class B by 0.8% during the second quarter. Dimensional Fund Advisors LP now owns 1,237,237 shares of the health services provider’s stock worth $137,887,000 after acquiring an additional 9,418 shares in the last quarter. Finally, Wells Fargo & Company MN raised its stake in shares of Universal Health Services, Inc. Class B by 3.4% during the second quarter. Wells Fargo & Company MN now owns 1,202,715 shares of the health services provider’s stock worth $134,031,000 after acquiring an additional 39,531 shares in the last quarter. 87.37% of the stock is currently owned by institutional investors and hedge funds.

About Universal Health Services, Inc. Class B

Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, outpatient facilities, and behavioral health care facilities. The company operates through Acute Care Hospital Services, Behavioral Health Care Services, and Other segments. Its hospital offer general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, coronary care, pediatric services, pharmacy services, and/or behavioral health services.

Featured Article: Stock Symbol

Analyst Recommendations for Universal Health Services, Inc. Class B (NYSE:UHS)

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

Leave a Reply