Universal Health Services, Inc. Class B (UHS) PT Lowered to $135.00

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Universal Health Services, Inc. Class B (NYSE:UHS) had its target price trimmed by Leerink Swann from $140.00 to $135.00 in a research note published on Monday morning, The Fly reports. The firm currently has an outperform rating on the health services provider’s stock. 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 analysts have also issued reports on UHS. Goldman Sachs Group lowered Universal Health Services, Inc. Class B from a buy rating to a neutral rating and set a $120.00 price objective on the stock. in a research note on Wednesday, July 18th. TheStreet upgraded Universal Health Services, Inc. Class B from a c+ rating to a b rating in a research note on Monday, July 23rd. ValuEngine upgraded Universal Health Services, Inc. Class B from a sell rating to a hold rating in a research note on Thursday, July 26th. Morgan Stanley upped their price objective on Universal Health Services, Inc. Class B from $120.00 to $122.00 and gave the company an equal weight rating in a research note on Friday, July 27th. Finally, BMO Capital Markets lowered Universal Health Services, Inc. Class B from an outperform rating to a market perform rating and set a $130.00 price objective on the stock. in a research note on Wednesday, August 1st. Eight analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The stock presently has an average rating of Buy and a consensus target price of $136.31.

NYSE:UHS opened at $119.39 on Monday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.01 and a current ratio of 1.09. The company has a market capitalization of $10.79 billion, a price-to-earnings ratio of 15.86, a price-to-earnings-growth ratio of 1.09 and a beta of 0.83. Universal Health Services, Inc. Class B has a 12-month low of $95.26 and a 12-month high of $132.63.

Universal Health Services, Inc. Class B (NYSE:UHS) last released its quarterly earnings data on Thursday, October 25th. The health services provider reported $2.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.01 by $0.22. The firm 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 return on equity of 16.33% and a net margin of 7.89%. Equities research analysts predict that Universal Health Services, Inc. Class B will post 9.49 EPS for the current fiscal year.

Several hedge funds and other institutional investors have recently made changes to their positions in UHS. Commonwealth Equity Services LLC bought a new position in shares of Universal Health Services, Inc. Class B during the first quarter worth approximately $413,000. Jane Street Group LLC grew its position in 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 buying an additional 3,348 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. grew its position in 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 buying an additional 575 shares in the last quarter. Millennium Management LLC acquired a new stake in Universal Health Services, Inc. Class B during the first quarter worth approximately $3,686,000. Finally, Royal Bank of Canada grew its position in 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 buying an additional 3,881 shares in the last quarter. Institutional investors own 87.98% of the company’s stock.

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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