Universal Health Services, Inc. (NYSE:UHS) had its target price decreased by Citigroup Inc. from $126.00 to $114.00 in a research report report published on Friday. Citigroup Inc. currently has a neutral rating on the health services provider’s stock.

UHS has been the topic of several other reports. Stephens started coverage on shares of Universal Health Services in a research report on Wednesday, October 11th. They set an equal weight rating and a $120.00 target price on the stock. Zacks Investment Research lowered shares of Universal Health Services from a hold rating to a sell rating in a research report on Tuesday, September 26th. BidaskClub lowered shares of Universal Health Services from a hold rating to a sell rating in a research report on Tuesday, August 1st. Royal Bank Of Canada reiterated a buy rating and set a $147.00 target price on shares of Universal Health Services in a research report on Tuesday, August 29th. Finally, Piper Jaffray Companies reiterated a buy rating and set a $117.00 target price on shares of Universal Health Services in a research report on Friday. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and nine have given a buy rating to the stock. Universal Health Services has an average rating of Hold and an average price target of $128.60.

Universal Health Services (NYSE:UHS) opened at 102.28 on Friday. Universal Health Services has a one year low of $99.72 and a one year high of $129.74. The firm has a 50-day moving average of $109.28 and a 200-day moving average of $114.23. The company has a market cap of $9.78 billion, a PE ratio of 13.91 and a beta of 1.03.

Universal Health Services (NYSE:UHS) last issued its earnings results on Wednesday, October 25th. The health services provider reported $1.49 earnings per share for the quarter, missing the consensus estimate of $1.76 by ($0.27). Universal Health Services had a net margin of 6.90% and a return on equity of 15.13%. The business had revenue of $2.51 billion for the quarter, compared to analyst estimates of $2.60 billion. During the same quarter last year, the firm posted $1.60 earnings per share. Universal Health Services’s revenue was up 4.4% on a year-over-year basis. On average, analysts predict that Universal Health Services will post $7.64 EPS for the current year.

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Several hedge funds and other institutional investors have recently made changes to their positions in UHS. Creative Planning raised its stake in shares of Universal Health Services by 2.4% in the second quarter. Creative Planning now owns 1,152 shares of the health services provider’s stock worth $141,000 after acquiring an additional 27 shares during the last quarter. Grove Bank & Trust raised its stake in shares of Universal Health Services by 262.4% in the second quarter. Grove Bank & Trust now owns 1,196 shares of the health services provider’s stock worth $146,000 after acquiring an additional 866 shares during the last quarter. First Mercantile Trust Co. bought a new position in shares of Universal Health Services in the second quarter worth about $150,000. Seven Bridges Advisors LLC bought a new position in shares of Universal Health Services in the second quarter worth about $158,000. Finally, Stratos Wealth Partners LTD. raised its stake in shares of Universal Health Services by 1.3% in the second quarter. Stratos Wealth Partners LTD. now owns 1,644 shares of the health services provider’s stock worth $201,000 after acquiring an additional 21 shares during the last quarter. 85.73% of the stock is owned by institutional investors.

About Universal Health Services

Universal Health Services, Inc is a holding company. The Company’s principal business is owning and operating, through its subsidiaries, acute care hospitals and outpatient facilities, and behavioral healthcare facilities. The Company’s segments include Acute Care Hospital Services, Behavioral Health Services and Other.

Analyst Recommendations for Universal Health Services (NYSE:UHS)

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