Wells Fargo & Company Lowers Universal Health Services (NYSE:UHS) Price Target to $230.00

Universal Health Services (NYSE:UHS) had its price objective lowered by investment analysts at Wells Fargo & Company from $285.00 to $230.00 in a report issued on Monday,Benzinga reports. The brokerage presently has an “overweight” rating on the health services provider’s stock. Wells Fargo & Company‘s price target points to a potential upside of 11.58% from the company’s current price.

Other equities analysts also recently issued research reports about the stock. Bank of America initiated coverage on shares of Universal Health Services in a research note on Wednesday, November 6th. They set a “neutral” rating and a $223.00 price target for the company. UBS Group increased their price objective on shares of Universal Health Services from $247.00 to $267.00 and gave the stock a “buy” rating in a research report on Wednesday, August 14th. Barclays increased their price objective on shares of Universal Health Services from $256.00 to $271.00 and gave the stock an “overweight” rating in a research report on Friday, October 25th. KeyCorp began coverage on shares of Universal Health Services in a research report on Friday, October 11th. They set a “sector weight” rating for the company. Finally, Royal Bank of Canada reduced their price target on shares of Universal Health Services from $222.00 to $211.00 and set a “sector perform” rating for the company in a report on Monday, October 28th. Six investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $225.50.

Universal Health Services Price Performance

Shares of NYSE:UHS opened at $206.13 on Monday. The company has a market cap of $13.60 billion, a price-to-earnings ratio of 13.70, a PEG ratio of 0.63 and a beta of 1.29. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.39 and a quick ratio of 1.28. The firm has a 50 day simple moving average of $217.31 and a 200 day simple moving average of $206.76. Universal Health Services has a one year low of $133.70 and a one year high of $243.25.

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

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Financial Management Professionals Inc. bought a new stake in Universal Health Services in the third quarter worth about $32,000. Blue Trust Inc. raised its holdings in Universal Health Services by 1,284.6% in the 2nd quarter. Blue Trust Inc. now owns 180 shares of the health services provider’s stock worth $33,000 after purchasing an additional 167 shares in the last quarter. Innealta Capital LLC purchased a new stake in shares of Universal Health Services in the 2nd quarter worth about $35,000. True Wealth Design LLC purchased a new stake in shares of Universal Health Services in the 3rd quarter worth about $39,000. Finally, Huntington National Bank grew its position in Universal Health Services by 414.3% during the 3rd quarter. Huntington National Bank now owns 180 shares of the health services provider’s stock valued at $41,000 after purchasing an additional 145 shares during the last quarter. 86.05% of the stock is owned by 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.