Universal Health Services (NYSE:UHS) Upgraded at Robert W. Baird

Universal Health Services (NYSE:UHS) was upgraded by Robert W. Baird from a “neutral” rating to an “outperform” rating in a research report issued on Wednesday, Marketbeat reports. The firm currently has a $236.00 price objective on the health services provider’s stock, up from their prior price objective of $198.00. Robert W. Baird’s price target points to a potential upside of 23.20% from the company’s previous close.

A number of other research firms also recently issued reports on UHS. Wells Fargo & Company lifted their price objective on shares of Universal Health Services from $195.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, March 28th. Cantor Fitzgerald reiterated an “underweight” rating and set a $156.00 target price on shares of Universal Health Services in a research report on Wednesday, April 10th. Deutsche Bank Aktiengesellschaft cut their target price on shares of Universal Health Services from $208.00 to $203.00 and set a “buy” rating for the company in a research report on Friday, April 12th. Stephens reissued an “equal weight” rating and issued a $185.00 price target on shares of Universal Health Services in a report on Thursday, April 25th. Finally, The Goldman Sachs Group increased their price target on shares of Universal Health Services from $170.00 to $189.00 and gave the stock a “buy” rating in a report on Monday, March 4th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, seven have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $193.14.

Universal Health Services Stock Performance

NYSE:UHS opened at $191.56 on Wednesday. The company has a fifty day moving average of $179.46 and a 200-day moving average of $168.87. The firm has a market capitalization of $12.82 billion, a P/E ratio of 16.23, a P/E/G ratio of 0.92 and a beta of 1.29. The company has a quick ratio of 1.28, a current ratio of 1.38 and a debt-to-equity ratio of 0.75. Universal Health Services has a twelve month low of $119.90 and a twelve month high of $193.48.

Universal Health Services (NYSE:UHS) last announced its quarterly earnings results on Wednesday, April 24th. The health services provider reported $3.70 EPS for the quarter, beating analysts’ consensus estimates of $3.14 by $0.56. The business had revenue of $3.84 billion during the quarter, compared to analyst estimates of $3.78 billion. Universal Health Services had a net margin of 5.57% and a return on equity of 13.34%. Universal Health Services’s quarterly revenue was up 10.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.34 EPS. As a group, sell-side analysts anticipate that Universal Health Services will post 13.76 EPS for the current year.

Institutional Trading of Universal Health Services

Several large investors have recently added to or reduced their stakes in the stock. Northern Trust Corp lifted its position in Universal Health Services by 0.3% during the third quarter. Northern Trust Corp now owns 634,646 shares of the health services provider’s stock valued at $79,794,000 after buying an additional 1,646 shares during the period. Natixis Advisors L.P. raised its position in shares of Universal Health Services by 5.4% in the 3rd quarter. Natixis Advisors L.P. now owns 34,561 shares of the health services provider’s stock worth $4,345,000 after purchasing an additional 1,772 shares during the last quarter. O Shaughnessy Asset Management LLC raised its position in shares of Universal Health Services by 1.8% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 34,858 shares of the health services provider’s stock worth $4,383,000 after purchasing an additional 605 shares during the last quarter. Vinva Investment Management Ltd purchased a new position in shares of Universal Health Services in the 3rd quarter worth about $1,398,000. Finally, Treasurer of the State of North Carolina raised its position in shares of Universal Health Services by 0.4% in the 3rd quarter. Treasurer of the State of North Carolina now owns 30,295 shares of the health services provider’s stock worth $3,809,000 after purchasing an additional 112 shares during the last quarter. Institutional investors own 86.05% of the company’s stock.

About Universal Health Services

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.