Universal Health Services (NYSE:UHS) Reaches New 1-Year High at $159.37

Universal Health Services, Inc. (NYSE:UHS)’s share price reached a new 52-week high on Friday . The company traded as high as $159.37 and last traded at $159.12, with a volume of 1141 shares changing hands. The stock had previously closed at $157.88.

A number of research firms have recently weighed in on UHS. Deutsche Bank Aktiengesellschaft raised their price target on shares of Universal Health Services from $145.00 to $160.00 and gave the company a “buy” rating in a report on Monday, April 26th. Citigroup lowered their target price on shares of Universal Health Services from $162.00 to $151.00 in a research note on Tuesday, March 2nd. Mizuho raised their target price on shares of Universal Health Services from $151.00 to $168.00 and gave the company a “buy” rating in a research note on Wednesday, May 5th. JPMorgan Chase & Co. reiterated a “sell” rating and issued a $115.00 target price on shares of Universal Health Services in a research note on Sunday, March 14th. Finally, Royal Bank of Canada raised their target price on shares of Universal Health Services from $150.00 to $160.00 and gave the company an “outperform” rating in a research note on Tuesday, May 4th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $143.82.

The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.06 and a current ratio of 1.12. The company has a market capitalization of $13.59 billion, a price-to-earnings ratio of 15.66, a price-to-earnings-growth ratio of 3.98 and a beta of 1.19. The firm’s 50-day simple moving average is $143.90 and its 200-day simple moving average is $134.36.

Universal Health Services (NYSE:UHS) last posted its quarterly earnings results on Sunday, April 25th. The health services provider reported $2.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.27 by $0.17. The company had revenue of $3.01 billion for the quarter, compared to analyst estimates of $2.95 billion. Universal Health Services had a net margin of 7.74% and a return on equity of 15.61%. The business’s quarterly revenue was up 6.5% on a year-over-year basis. During the same period last year, the business posted $1.73 EPS. Equities research analysts forecast that Universal Health Services, Inc. will post 10.39 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 31st. Stockholders of record on Monday, March 15th were given a dividend of $0.20 per share. The ex-dividend date was Friday, March 12th. This represents a $0.80 annualized dividend and a dividend yield of 0.50%. Universal Health Services’s dividend payout ratio (DPR) is currently 8.01%.

In other news, Director Eileen C. Mcdonnell sold 2,483 shares of Universal Health Services stock in a transaction dated Wednesday, April 28th. The shares were sold at an average price of $148.43, for a total transaction of $368,551.69. Following the sale, the director now directly owns 9,737 shares in the company, valued at approximately $1,445,262.91. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Elliot J. Md Mba Sussman sold 2,553 shares of Universal Health Services stock in a transaction dated Monday, May 10th. The shares were sold at an average price of $157.88, for a total transaction of $403,067.64. Following the sale, the director now owns 7,500 shares in the company, valued at $1,184,100. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 13,818 shares of company stock worth $2,109,518. 12.60% of the stock is owned by company insiders.

A number of hedge funds have recently made changes to their positions in the stock. Platinum Investment Management Ltd. lifted its holdings in Universal Health Services by 13.6% during the 1st quarter. Platinum Investment Management Ltd. now owns 669 shares of the health services provider’s stock valued at $89,000 after purchasing an additional 80 shares during the last quarter. Treasurer of the State of North Carolina lifted its holdings in Universal Health Services by 0.3% during the 4th quarter. Treasurer of the State of North Carolina now owns 28,250 shares of the health services provider’s stock valued at $3,884,000 after purchasing an additional 90 shares during the last quarter. Commerce Bank lifted its holdings in Universal Health Services by 2.7% during the 1st quarter. Commerce Bank now owns 3,724 shares of the health services provider’s stock valued at $496,000 after purchasing an additional 98 shares during the last quarter. Resonant Capital Advisors LLC lifted its holdings in Universal Health Services by 5.4% during the 1st quarter. Resonant Capital Advisors LLC now owns 1,989 shares of the health services provider’s stock valued at $265,000 after purchasing an additional 102 shares during the last quarter. Finally, Norinchukin Bank The lifted its holdings in Universal Health Services by 1.7% during the 1st quarter. Norinchukin Bank The now owns 6,469 shares of the health services provider’s stock valued at $863,000 after purchasing an additional 107 shares during the last quarter. 82.26% of the stock is owned by hedge funds and other institutional investors.

Universal Health Services Company Profile (NYSE:UHS)

Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities. The company operates through Acute Care Hospital Services and Behavioral Health Care Services segments. Its hospitals 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.

Further Reading: Intrinsic Value and Stock Selection

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