Universal Health Services, Inc. Class B (UHS) Upgraded to Buy by Zacks Investment Research

Zacks Investment Research upgraded shares of Universal Health Services, Inc. Class B (NYSE:UHS) from a hold rating to a buy rating in a research report released on Monday, August 6th. The firm currently has $139.00 target price on the health services provider’s stock.

According to Zacks, “Universal Health Services’ shares have gained nearly 11.5% quarter to date, outperforming its industry’s growth of 20.6%. However, its solid fundamentals are likely to help the shares retain its performance going forward. The company has been consistently witnessing consistent growth in its revenue base, driven by solid Acute Care and Behavioral Health platforms as well as inorganic growth. Acquisitions have also played an instrumental role in building Universal Health’s growth trajectory. The company has been constantly deploying capital among its shareholders in order to enhance their value. However, it is exposed to integration risks due to several buyouts and rising expenses over the years. The expenses have been escalating since 2013, which weigh on the company’s margins. Shortage of nurses also remain a key concern.”

Several other analysts have also commented on UHS. Morgan Stanley dropped their price target on shares of Universal Health Services, Inc. Class B from $124.00 to $120.00 and set an equal weight rating on the stock in a research report on Friday, April 27th. TheStreet lowered shares of Universal Health Services, Inc. Class B from a b rating to a c+ rating in a research report on Friday, June 8th. ValuEngine lowered shares of Universal Health Services, Inc. Class B from a hold rating to a sell rating in a research report on Friday, June 15th. Goldman Sachs Group lowered shares of Universal Health Services, Inc. Class B from a buy rating to a neutral rating and set a $120.00 price target on the stock. in a research report on Wednesday, July 18th. Finally, BMO Capital Markets lowered shares of Universal Health Services, Inc. Class B from an outperform rating to a market perform rating and set a $130.00 target price on the stock. in a research report on Wednesday, August 1st. Eight research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Universal Health Services, Inc. Class B presently has an average rating of Buy and an average price target of $132.56.

Shares of NYSE:UHS traded up $0.92 during midday trading on Monday, reaching $130.16. The company’s stock had a trading volume of 660,600 shares, compared to its average volume of 813,992. The firm has a market capitalization of $11.89 billion, a P/E ratio of 17.15, a PEG ratio of 1.21 and a beta of 0.86. Universal Health Services, Inc. Class B has a twelve month low of $95.26 and a twelve month high of $130.25. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.30 and a quick ratio of 1.20.

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 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.39 by $0.08. The firm had revenue of $2.68 billion for the quarter, compared to analyst estimates of $2.72 billion. Universal Health Services, Inc. Class B had a net margin of 7.68% and a return on equity of 15.74%. The business’s quarterly revenue was up 2.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.94 earnings per share. equities analysts anticipate that Universal Health Services, Inc. Class B will post 9.5 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 17th. Stockholders of record on Tuesday, September 4th will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.31%. The ex-dividend date is Friday, August 31st. Universal Health Services, Inc. Class B’s dividend payout ratio is currently 5.31%.

Large investors have recently bought and sold shares of the company. Piedmont Investment Advisors LLC purchased a new position in shares of Universal Health Services, Inc. Class B in the second quarter worth about $114,000. Point72 Asset Management L.P. purchased a new position in Universal Health Services, Inc. Class B during the second quarter worth about $123,000. Qube Research & Technologies Ltd raised its stake in Universal Health Services, Inc. Class B by 58.1% during the second quarter. Qube Research & Technologies Ltd now owns 1,175 shares of the health services provider’s stock worth $131,000 after purchasing an additional 432 shares during the period. CENTRAL TRUST Co raised its stake in Universal Health Services, Inc. Class B by 40.6% during the second quarter. CENTRAL TRUST Co now owns 1,645 shares of the health services provider’s stock worth $183,000 after purchasing an additional 475 shares during the period. Finally, Parametrica Management Ltd purchased a new position in Universal Health Services, Inc. Class B during the first quarter worth about $201,000. 87.88% of the stock is currently owned by hedge funds and other 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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Analyst Recommendations for Universal Health Services, Inc. Class B (NYSE:UHS)

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