Universal Health Services, Inc. (UHS) Now Covered by BMO Capital Markets

Equities researchers at BMO Capital Markets started coverage on shares of Universal Health Services, Inc. (NYSE:UHS) in a research report issued to clients and investors on Monday. The brokerage set an “outperform” rating and a $125.00 price target on the health services provider’s stock. BMO Capital Markets’ price target indicates a potential upside of 15.25% from the stock’s current price.

UHS has been the topic of a number of other research reports. Stephens started coverage on Universal Health Services in a research report on Wednesday, October 11th. They issued an “equal weight” rating and a $120.00 target price on the stock. BidaskClub lowered Universal Health Services from a “hold” rating to a “sell” rating in a research report on Tuesday, August 1st. Zacks Investment Research lowered Universal Health Services from a “hold” rating to a “sell” rating in a research report on Tuesday, September 26th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $147.00 price objective on shares of Universal Health Services in a research report on Tuesday, August 29th. Finally, Citigroup Inc. cut their price objective on Universal Health Services from $131.00 to $126.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 26th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have issued a buy rating to the company’s stock. Universal Health Services has a consensus rating of “Hold” and an average price target of $132.64.

Universal Health Services (UHS) opened at 108.46 on Monday. The company has a market cap of $10.37 billion, a PE ratio of 14.75 and a beta of 1.03. Universal Health Services has a 52 week low of $99.72 and a 52 week high of $129.74. The company has a 50-day moving average price of $109.38 and a 200 day moving average price of $115.46.

Universal Health Services (NYSE:UHS) last announced its earnings results on Tuesday, July 25th. The health services provider reported $1.94 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.06 by ($0.12). The firm had revenue of $2.61 billion during the quarter, compared to analysts’ expectations of $2.64 billion. Universal Health Services had a net margin of 7.10% and a return on equity of 15.49%. The firm’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 firm earned $1.94 EPS. On average, equities research analysts forecast that Universal Health Services will post $7.68 EPS for the current fiscal year.

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Several hedge funds have recently modified their holdings of the stock. National Planning Corp grew its stake in shares of Universal Health Services by 0.3% during the second quarter. National Planning Corp now owns 1,712 shares of the health services provider’s stock worth $208,000 after purchasing an additional 5 shares in the last quarter. Cadence Capital Management LLC grew its stake in shares of Universal Health Services by 0.5% during the second quarter. Cadence Capital Management LLC now owns 3,256 shares of the health services provider’s stock worth $397,000 after purchasing an additional 17 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in shares of Universal Health Services by 0.3% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 6,643 shares of the health services provider’s stock worth $811,000 after purchasing an additional 18 shares in the last quarter. Stratos Wealth Partners LTD. grew its stake in shares of Universal Health Services by 1.3% during the second quarter. Stratos Wealth Partners LTD. now owns 1,644 shares of the health services provider’s stock worth $201,000 after purchasing an additional 21 shares in the last quarter. Finally, ING Groep NV grew its stake in shares of Universal Health Services by 0.3% during the second quarter. ING Groep NV now owns 6,901 shares of the health services provider’s stock worth $842,000 after purchasing an additional 23 shares in the last quarter. Hedge funds and other institutional investors own 85.92% 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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