Universal Health Services (NYSE:UHS) was upgraded by stock analysts at TheStreet from a “c+” rating to a “b” rating in a research note issued on Monday, TheStreetRatingsTable reports.

Several other equities analysts have also recently weighed in on the stock. Credit Suisse Group raised their target price on shares of Universal Health Services from $139.00 to $140.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. Barclays raised shares of Universal Health Services from an “equal weight” rating to an “overweight” rating and set a $138.00 target price for the company in a research note on Tuesday, June 9th. Piper Sandler raised their target price on shares of Universal Health Services from $113.00 to $117.00 and gave the company a “neutral” rating in a research note on Wednesday, July 29th. Mizuho decreased their target price on shares of Universal Health Services from $136.00 to $130.00 and set a “buy” rating for the company in a research note on Friday, May 29th. Finally, Royal Bank of Canada reaffirmed a “buy” rating on shares of Universal Health Services in a research report on Thursday, July 30th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and eight have assigned a buy rating to the stock. Universal Health Services presently has a consensus rating of “Hold” and an average target price of $137.33.

NYSE:UHS opened at $117.70 on Monday. Universal Health Services has a 1-year low of $65.20 and a 1-year high of $154.11. The company has a current ratio of 1.02, a quick ratio of 0.94 and a debt-to-equity ratio of 0.60. The firm has a fifty day simple moving average of $111.40 and a 200 day simple moving average of $103.05. The stock has a market capitalization of $10.00 billion, a PE ratio of 13.88, a P/E/G ratio of 1.50 and a beta of 1.09.

Universal Health Services (NYSE:UHS) last released its earnings results on Monday, July 27th. The health services provider reported $2.93 earnings per share for the quarter, beating the consensus estimate of $0.73 by $2.20. Universal Health Services had a net margin of 6.53% and a return on equity of 14.75%. The business had revenue of $2.73 billion during the quarter, compared to analysts’ expectations of $2.47 billion. During the same period last year, the business earned $2.76 earnings per share. The firm’s revenue was down 4.4% on a year-over-year basis. On average, equities analysts predict that Universal Health Services will post 9.41 earnings per share for the current fiscal year.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Two Sigma Advisers LP lifted its holdings in shares of Universal Health Services by 133.2% during the second quarter. Two Sigma Advisers LP now owns 149,500 shares of the health services provider’s stock worth $13,887,000 after buying an additional 85,400 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp lifted its holdings in shares of Universal Health Services by 2.1% during the second quarter. Mitsubishi UFJ Trust & Banking Corp now owns 94,267 shares of the health services provider’s stock worth $8,757,000 after buying an additional 1,976 shares in the last quarter. Principal Financial Group Inc. lifted its holdings in shares of Universal Health Services by 25.5% during the second quarter. Principal Financial Group Inc. now owns 542,301 shares of the health services provider’s stock worth $50,374,000 after buying an additional 110,067 shares in the last quarter. Quadrature Capital Ltd lifted its holdings in shares of Universal Health Services by 210.0% during the second quarter. Quadrature Capital Ltd now owns 28,597 shares of the health services provider’s stock worth $2,660,000 after buying an additional 19,373 shares in the last quarter. Finally, Handelsbanken Fonder AB acquired a new stake in shares of Universal Health Services during the second quarter worth $1,588,000. 83.18% 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, 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 (NYSE:UHS)

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