Stephens Initiates Coverage on Universal Health Services (UHS)

Research analysts at Stephens began coverage on shares of Universal Health Services (NYSE:UHS) in a research report issued on Monday. The brokerage set an “equal weight” rating and a $134.00 price target on the health services provider’s stock. Stephens’ target price would suggest a potential upside of 5.56% from the stock’s previous close.

UHS has been the subject of several other reports. Zacks Investment Research lowered shares of Universal Health Services from a “hold” rating to a “sell” rating in a research note on Friday. Morgan Stanley dropped their price objective on shares of Universal Health Services from $134.00 to $130.00 and set an “equal weight” rating for the company in a research note on Monday, October 29th. Deutsche Bank began coverage on shares of Universal Health Services in a research note on Thursday, January 3rd. They set a “buy” rating and a $140.00 price objective for the company. Goldman Sachs Group lowered shares of Universal Health Services from a “neutral” rating to a “sell” rating and set a $125.00 price objective for the company. in a research note on Thursday, December 13th. Finally, Barclays dropped their price objective on shares of Universal Health Services from $135.00 to $130.00 and set an “equal weight” rating for the company in a research note on Monday, October 29th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and ten have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $138.19.

NYSE UHS traded up $1.21 on Monday, hitting $126.94. 109,286 shares of the stock were exchanged, compared to its average volume of 808,575. The company has a quick ratio of 1.01, a current ratio of 1.09 and a debt-to-equity ratio of 0.68. The firm has a market capitalization of $11.50 billion, a price-to-earnings ratio of 16.86, a PEG ratio of 1.21 and a beta of 0.98. Universal Health Services has a 52-week low of $109.37 and a 52-week high of $139.63.



Universal Health Services (NYSE:UHS) last posted its quarterly earnings data on Thursday, October 25th. The health services provider reported $2.23 EPS for the quarter, topping the consensus estimate of $2.01 by $0.22. The company had revenue of $2.65 billion during the quarter, compared to analyst estimates of $2.68 billion. Universal Health Services had a net margin of 7.89% and a return on equity of 16.33%. Equities research analysts anticipate that Universal Health Services will post 9.49 EPS for the current year.

Universal Health Services announced that its Board of Directors has initiated a share buyback plan on Monday, December 17th that authorizes the company to buyback $500.00 million in shares. This buyback authorization authorizes the health services provider to purchase up to 4.5% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its shares are undervalued.

Institutional investors and hedge funds have recently modified their holdings of the company. Qube Research & Technologies Ltd raised its holdings in shares of Universal Health Services by 58.1% in the second quarter. Qube Research & Technologies Ltd now owns 1,175 shares of the health services provider’s stock valued at $131,000 after acquiring an additional 432 shares in the last quarter. Levin Capital Strategies L.P. raised its holdings in shares of Universal Health Services by 4.4% in the third quarter. Levin Capital Strategies L.P. now owns 10,409 shares of the health services provider’s stock valued at $1,331,000 after acquiring an additional 443 shares in the last quarter. Rehmann Capital Advisory Group raised its holdings in shares of Universal Health Services by 116.6% in the second quarter. Rehmann Capital Advisory Group now owns 1,068 shares of the health services provider’s stock valued at $119,000 after acquiring an additional 575 shares in the last quarter. CENTRAL TRUST Co raised its holdings in shares of Universal Health Services by 35.6% in the third quarter. CENTRAL TRUST Co now owns 2,230 shares of the health services provider’s stock valued at $285,000 after acquiring an additional 585 shares in the last quarter. Finally, IFM Investors Pty Ltd raised its holdings in shares of Universal Health Services by 14.7% in the third quarter. IFM Investors Pty Ltd now owns 4,754 shares of the health services provider’s stock valued at $608,000 after acquiring an additional 610 shares in the last quarter. 89.46% of the stock is owned by hedge funds and other institutional investors.

About Universal Health Services

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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