Leerink Swann Lowers Universal Health Services, Inc. Class B (UHS) Price Target to $135.00

Universal Health Services, Inc. Class B (NYSE:UHS) had its price objective decreased by Leerink Swann from $140.00 to $135.00 in a report released on Monday, The Fly reports. The brokerage currently has an “outperform” rating on the health services provider’s stock. Leerink Swann’s price target would indicate a potential upside of 11.72% from the stock’s current price. Leerink Swann also issued estimates for Universal Health Services, Inc. Class B’s FY2018 earnings at $9.51 EPS and FY2019 earnings at $9.63 EPS.

Several other equities research analysts have also weighed in on the stock. Morgan Stanley cut their target price on shares of Universal Health Services, Inc. Class B from $134.00 to $130.00 and set an “equal weight” rating on the stock in a report on Monday. Barclays cut their target price on shares of Universal Health Services, Inc. Class B from $135.00 to $130.00 and set an “equal weight” rating on the stock in a report on Monday. Citigroup cut their target price on shares of Universal Health Services, Inc. Class B from $145.00 to $140.00 and set a “buy” rating on the stock in a report on Monday. Bank of America upgraded shares of Universal Health Services, Inc. Class B from a “neutral” rating to a “buy” rating and increased their target price for the stock from $128.00 to $155.00 in a report on Tuesday, September 18th. Finally, Zacks Investment Research lowered shares of Universal Health Services, Inc. Class B from a “buy” rating to a “hold” rating in a report on Thursday, August 9th. Eight research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $136.31.

UHS opened at $120.84 on Monday. The company has a current ratio of 1.09, a quick ratio of 1.01 and a debt-to-equity ratio of 0.68. The firm has a market capitalization of $10.79 billion, a price-to-earnings ratio of 16.05, a PEG ratio of 1.09 and a beta of 0.83. Universal Health Services, Inc. Class B has a twelve month low of $95.26 and a twelve month high of $132.63.

Universal Health Services, Inc. Class B (NYSE:UHS) last posted its earnings results on Thursday, October 25th. The health services provider reported $2.23 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.01 by $0.22. The company had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.68 billion. Universal Health Services, Inc. Class B had a net margin of 7.89% and a return on equity of 16.33%. Research analysts predict that Universal Health Services, Inc. Class B will post 9.49 earnings per share for the current year.

Several hedge funds have recently modified their holdings of UHS. Commonwealth Equity Services LLC bought a new stake in shares of Universal Health Services, Inc. Class B during the first quarter worth $413,000. Jane Street Group LLC increased its position in shares of Universal Health Services, Inc. Class B by 121.4% during the first quarter. Jane Street Group LLC now owns 6,106 shares of the health services provider’s stock worth $723,000 after acquiring an additional 3,348 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. increased its position in shares of Universal Health Services, Inc. Class B by 25.2% during the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,855 shares of the health services provider’s stock worth $337,000 after acquiring an additional 575 shares in the last quarter. Millennium Management LLC bought a new stake in shares of Universal Health Services, Inc. Class B during the first quarter worth $3,686,000. Finally, Royal Bank of Canada increased its position in shares of Universal Health Services, Inc. Class B by 24.5% during the first quarter. Royal Bank of Canada now owns 19,754 shares of the health services provider’s stock worth $2,339,000 after acquiring an additional 3,881 shares in the last quarter. 87.98% of the stock is owned by institutional investors.

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.

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The Fly

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

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