Wells Fargo & Company Has Lowered Expectations for Universal Health Services (NYSE:UHS) Stock Price

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

Other analysts also recently issued reports about the company. The Goldman Sachs Group lifted their price objective on Universal Health Services from $200.00 to $229.00 and gave the company a “buy” rating in a report on Tuesday, July 30th. Robert W. Baird upped their price objective on shares of Universal Health Services from $236.00 to $274.00 and gave the company an “outperform” rating in a report on Wednesday, September 4th. Royal Bank of Canada cut their price objective on shares of Universal Health Services from $222.00 to $211.00 and set a “sector perform” rating on the stock in a report on Monday, October 28th. TD Cowen cut their price target on shares of Universal Health Services from $283.00 to $275.00 and set a “buy” rating on the stock in a report on Monday, October 28th. Finally, Barclays increased their price target on shares of Universal Health Services from $256.00 to $271.00 and gave the stock an “overweight” rating in a report on Friday, October 25th. Six investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Universal Health Services has an average rating of “Moderate Buy” and a consensus price target of $225.50.

Universal Health Services Trading Up 3.5 %

UHS stock opened at $206.13 on Monday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.28 and a current ratio of 1.39. The firm has a fifty day moving average price of $217.31 and a 200 day moving average price of $206.76. The firm has a market cap of $13.60 billion, a PE ratio of 13.70, a price-to-earnings-growth ratio of 0.63 and a beta of 1.29. Universal Health Services has a fifty-two week low of $133.70 and a fifty-two week high of $243.25.

Universal Health Services (NYSE:UHS) last posted 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). Universal Health Services had a return on equity of 15.75% and a net margin of 6.66%. The firm had revenue of $3.96 billion for the quarter, compared to analysts’ expectations of $3.90 billion. During the same period in the previous year, the firm earned $2.55 earnings per share. The firm’s quarterly revenue was up 11.3% compared to the same quarter last year. Sell-side analysts anticipate that Universal Health Services will post 15.93 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Tidal Investments LLC lifted its holdings in Universal Health Services by 208.0% in the 3rd quarter. Tidal Investments LLC now owns 12,100 shares of the health services provider’s stock valued at $2,771,000 after purchasing an additional 8,171 shares in the last quarter. World Investment Advisors LLC acquired a new stake in shares of Universal Health Services during the 3rd quarter worth about $21,557,000. Pine Valley Investments Ltd Liability Co acquired a new stake in shares of Universal Health Services during the 3rd quarter worth about $201,000. Virtu Financial LLC acquired a new stake in shares of Universal Health Services during the 3rd quarter worth about $2,194,000. Finally, Sunbelt Securities Inc. acquired a new position in Universal Health Services in the 3rd quarter valued at about $69,000. Hedge funds and other 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.