TD Cowen Has Lowered Expectations for Universal Health Services (NYSE:UHS) Stock Price

Universal Health Services (NYSE:UHS) had its price objective decreased by research analysts at TD Cowen from $275.00 to $251.00 in a report released on Tuesday,Benzinga reports. The brokerage presently has a “buy” rating on the health services provider’s stock. TD Cowen’s price target would suggest a potential upside of 23.34% from the company’s previous close.

UHS has been the subject of a number of other research reports. Cantor Fitzgerald reissued a “neutral” rating and set a $219.00 target price on shares of Universal Health Services in a report on Friday, October 25th. Robert W. Baird increased their target price on Universal Health Services from $236.00 to $274.00 and gave the company an “outperform” rating in a report on Wednesday, September 4th. KeyCorp began coverage on Universal Health Services in a report on Friday, October 11th. They set a “sector weight” rating for the company. Royal Bank of Canada dropped their price target on Universal Health Services from $222.00 to $211.00 and set a “sector perform” rating for the company in a research report on Monday, October 28th. Finally, Barclays upped their price target on Universal Health Services from $256.00 to $271.00 and gave the company an “overweight” rating in a research report on Friday, October 25th. Six research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Universal Health Services currently has a consensus rating of “Moderate Buy” and an average target price of $225.50.

Universal Health Services Stock Performance

NYSE UHS opened at $203.50 on Tuesday. The stock has a market capitalization of $13.42 billion, a price-to-earnings ratio of 13.53, a PEG ratio of 0.63 and a beta of 1.29. Universal Health Services has a twelve month low of $133.70 and a twelve month high of $243.25. The company has a current ratio of 1.39, a quick ratio of 1.28 and a debt-to-equity ratio of 0.69. The stock has a 50-day moving average of $216.79 and a 200 day moving average of $206.96.

Universal Health Services (NYSE:UHS) last released its quarterly earnings results on Thursday, October 24th. The health services provider reported $3.71 earnings per share for the quarter, missing analysts’ consensus estimates of $3.75 by ($0.04). The business had revenue of $3.96 billion during the quarter, compared to analyst estimates of $3.90 billion. Universal Health Services had a return on equity of 15.75% and a net margin of 6.66%. The business’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same period in the previous year, the company posted $2.55 EPS. Sell-side analysts anticipate that Universal Health Services will post 15.93 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Financial Management Professionals Inc. purchased a new position in shares of Universal Health Services during the third quarter worth $32,000. True Wealth Design LLC purchased a new position in shares of Universal Health Services during the third quarter worth $39,000. Blue Trust Inc. boosted its position in shares of Universal Health Services by 1,284.6% during the second quarter. Blue Trust Inc. now owns 180 shares of the health services provider’s stock worth $33,000 after buying an additional 167 shares during the period. Huntington National Bank boosted its position in shares of Universal Health Services by 414.3% during the third quarter. Huntington National Bank now owns 180 shares of the health services provider’s stock worth $41,000 after buying an additional 145 shares during the period. Finally, Innealta Capital LLC purchased a new position in shares of Universal Health Services during the second quarter worth $35,000. 86.05% of the stock is currently owned by hedge funds and other institutional investors.

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.