According to Zacks, “Universal Health is expected to be hurt by margin contraction at both acute care and behavioural hospitals. Further, mounting debt levels remain a significant headwind for the company. Universal Health's second quarter 2016 results were mixed. While adjusted earnings were in-line with the Zacks Consensus Estimate revenues beat the same comfortably. Meanwhile, the company’s frequent acquisitions might result in integration risks. In fact, a highly leveraged balance sheet, the upcoming presidential election, highly competitive markets and sluggish macroeconomic situations are added concerns.”
A number of other research analysts have also recently issued reports on UHS. Ladenburg Thalmann raised Universal Health Services from a not rated rating to an outperform rating in a report on Monday, June 13th. Credit Suisse Group AG reissued a hold rating and set a $140.00 price objective on shares of Universal Health Services in a report on Wednesday, June 29th. Barclays PLC cut their price objective on Universal Health Services from $150.00 to $147.00 and set an equal weight rating for the company in a report on Thursday, July 28th. Leerink Swann reaffirmed a buy rating and issued a $150.00 price target on shares of Universal Health Services in a report on Friday, July 29th. Finally, JPMorgan Chase & Co. lifted their price target on Universal Health Services from $138.00 to $150.00 and gave the company an overweight rating in a report on Friday, July 29th. Six equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Buy and a consensus price target of $143.25.
Shares of Universal Health Services (NYSE:UHS) opened at 120.16 on Tuesday. The firm’s 50-day moving average is $121.39 and its 200-day moving average is $128.55. Universal Health Services has a 1-year low of $100.82 and a 1-year high of $139.77. The stock has a market capitalization of $11.70 billion, a price-to-earnings ratio of 17.11 and a beta of 1.20.
Universal Health Services (NYSE:UHS) last issued its quarterly earnings data on Tuesday, July 26th. The company reported $1.94 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $1.94. The company earned $2.43 billion during the quarter, compared to analysts’ expectations of $2.47 billion. Universal Health Services had a return on equity of 16.56% and a net margin of 7.43%. The business’s revenue was up 6.8% on a year-over-year basis. During the same period last year, the business earned $1.85 earnings per share. On average, analysts predict that Universal Health Services will post $7.51 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Thursday, September 15th. Stockholders of record on Thursday, September 1st were given a dividend of $0.10 per share. The ex-dividend date was Tuesday, August 30th. This represents a $0.40 annualized dividend and a dividend yield of 0.33%. Universal Health Services’s payout ratio is currently 5.68%.
Several institutional investors have recently bought and sold shares of UHS. Tower Research Capital LLC TRC bought a new position in Universal Health Services during the second quarter valued at about $124,000. Checchi Capital Advisers LLC raised its position in Universal Health Services by 1.2% in the second quarter. Checchi Capital Advisers LLC now owns 1,030 shares of the company’s stock valued at $138,000 after buying an additional 12 shares during the last quarter. Creative Planning raised its position in Universal Health Services by 5.2% in the second quarter. Creative Planning now owns 1,108 shares of the company’s stock valued at $149,000 after buying an additional 55 shares during the last quarter. Mizuho Asset Management Co. Ltd. raised its position in Universal Health Services by 118.7% in the second quarter. Mizuho Asset Management Co. Ltd. now owns 1,323 shares of the company’s stock valued at $177,000 after buying an additional 718 shares during the last quarter. Finally, IFP Advisors Inc raised its position in Universal Health Services by 2.7% in the first quarter. IFP Advisors Inc now owns 1,498 shares of the company’s stock valued at $187,000 after buying an additional 39 shares during the last quarter. Institutional investors own 85.09% of the company’s stock.
About Universal Health Services
Universal Health Services, Inc is a holding company. The Company, through its subsidiaries, is engaged in owning and operating acute care hospitals, behavioral health centers, surgical hospitals, ambulatory surgery centers and radiation oncology centers. Its segment is acute care hospital services and behavioral healthcare services.
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