TD Cowen Raises Universal Health Services (NYSE:UHS) Price Target to $183.00

Universal Health Services (NYSE:UHS) had its target price raised by TD Cowen from $181.00 to $183.00 in a research report report published on Tuesday morning, Benzinga reports. TD Cowen currently has a hold rating on the health services provider’s stock.

A number of other equities research analysts have also weighed in on UHS. Deutsche Bank Aktiengesellschaft cut their price objective on Universal Health Services from $208.00 to $203.00 and set a buy rating on the stock in a research report on Friday, April 12th. Barclays upped their price objective on shares of Universal Health Services from $181.00 to $189.00 and gave the stock an equal weight rating in a report on Friday, April 26th. Citigroup raised their target price on shares of Universal Health Services from $170.00 to $193.00 and gave the stock a buy rating in a research report on Thursday, February 29th. StockNews.com raised shares of Universal Health Services from a hold rating to a buy rating in a research note on Monday, January 8th. Finally, UBS Group lifted their price objective on Universal Health Services from $152.00 to $177.00 and gave the company a neutral rating in a research report on Thursday, February 29th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, Universal Health Services has a consensus rating of Moderate Buy and a consensus target price of $182.79.

Universal Health Services Trading Down 1.3 %

Shares of UHS opened at $167.70 on Tuesday. The stock has a market capitalization of $11.27 billion, a P/E ratio of 14.21, a PEG ratio of 0.85 and a beta of 1.26. Universal Health Services has a twelve month low of $119.90 and a twelve month high of $183.61. The company has a quick ratio of 1.28, a current ratio of 1.38 and a debt-to-equity ratio of 0.75. The firm has a fifty day simple moving average of $171.17 and a two-hundred day simple moving average of $154.55.

Universal Health Services (NYSE:UHS) last issued its quarterly earnings data on Wednesday, April 24th. The health services provider reported $3.70 EPS for the quarter, beating the consensus estimate of $3.14 by $0.56. The firm had revenue of $3.84 billion during the quarter, compared to the consensus estimate of $3.78 billion. Universal Health Services had a net margin of 5.57% and a return on equity of 13.34%. The company’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.34 earnings per share. On average, research analysts anticipate that Universal Health Services will post 13.51 EPS for the current year.

Insiders Place Their Bets

In other news, CFO Steve Filton sold 35,000 shares of the firm’s stock in a transaction on Friday, March 8th. The stock was sold at an average price of $176.82, for a total transaction of $6,188,700.00. Following the completion of the transaction, the chief financial officer now directly owns 68,785 shares in the company, valued at $12,162,563.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 16.10% of the company’s stock.

Institutional Investors Weigh In On Universal Health Services

Institutional investors have recently made changes to their positions in the company. Pzena Investment Management LLC lifted its position in Universal Health Services by 41.2% in the 1st quarter. Pzena Investment Management LLC now owns 455,773 shares of the health services provider’s stock valued at $83,160,000 after acquiring an additional 132,942 shares in the last quarter. Daiwa Securities Group Inc. boosted its position in shares of Universal Health Services by 8.6% during the first quarter. Daiwa Securities Group Inc. now owns 6,006 shares of the health services provider’s stock valued at $1,096,000 after buying an additional 474 shares during the last quarter. Nordea Investment Management AB boosted its position in shares of Universal Health Services by 27.9% during the first quarter. Nordea Investment Management AB now owns 65,643 shares of the health services provider’s stock valued at $11,998,000 after buying an additional 14,326 shares during the last quarter. Fidelis Capital Partners LLC purchased a new position in Universal Health Services in the 1st quarter worth about $46,000. Finally, Tokio Marine Asset Management Co. Ltd. lifted its stake in Universal Health Services by 11.1% during the 1st quarter. Tokio Marine Asset Management Co. Ltd. now owns 1,698 shares of the health services provider’s stock valued at $310,000 after acquiring an additional 169 shares during the period. Hedge funds and other institutional investors own 86.05% of the company’s stock.

Universal Health Services Company Profile

Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities. It operates through Acute Care Hospital Services and Behavioral Health Care Services segments. The company's hospitals offer general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic and coronary care, pediatric services, pharmacy services, and/or behavioral health services.