Royal Bank Of Canada reiterated their buy rating on shares of Universal Health Services, Inc. (NYSE:UHS) in a report released on Tuesday morning. They currently have a $147.00 price objective on the health services provider’s stock.

UHS has been the subject of a number of other reports. Piper Jaffray Companies reaffirmed a buy rating and issued a $134.00 target price on shares of Universal Health Services in a research note on Friday, July 28th. Citigroup Inc. cut their price objective on Universal Health Services from $131.00 to $126.00 and set a neutral rating for the company in a research report on Wednesday, July 26th. Morgan Stanley initiated coverage on Universal Health Services in a research report on Tuesday, June 6th. They set an equal weight rating and a $124.00 price objective for the company. Zacks Investment Research raised Universal Health Services from a hold rating to a buy rating and set a $137.00 price objective for the company in a research report on Tuesday, July 4th. Finally, BidaskClub raised Universal Health Services from a strong sell rating to a sell rating in a research report on Thursday, June 29th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and five have issued a buy rating to the company. The company presently has a consensus rating of Hold and a consensus target price of $135.30.

Universal Health Services (NYSE:UHS) traded up 0.25% on Tuesday, reaching $108.40. 71,825 shares of the company’s stock were exchanged. The firm has a 50 day moving average price of $112.32 and a 200 day moving average price of $118.39. The firm has a market cap of $10.37 billion, a PE ratio of 14.74 and a beta of 1.06. Universal Health Services has a one year low of $99.72 and a one year high of $129.74.

Universal Health Services (NYSE:UHS) last issued its earnings results on Tuesday, July 25th. The health services provider reported $1.94 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.06 by $0.12. Universal Health Services had a return on equity of 15.49% and a net margin of 7.10%. The company had revenue of $2.61 billion during the quarter, compared to analyst estimates of $2.64 billion. During the same period last year, the business earned $1.94 earnings per share. The firm’s revenue was up 7.5% compared to the same quarter last year. On average, equities analysts anticipate that Universal Health Services will post $7.73 earnings per share for the current year.

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The company also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Friday, September 1st will be given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.37%. The ex-dividend date of this dividend is Wednesday, August 30th. Universal Health Services’s dividend payout ratio is currently 5.44%.

A number of institutional investors have recently added to or reduced their stakes in UHS. National Planning Corp increased its position in Universal Health Services by 0.3% in the second quarter. National Planning Corp now owns 1,712 shares of the health services provider’s stock valued at $208,000 after buying an additional 5 shares in the last quarter. Creative Planning increased its position in Universal Health Services by 1.5% in the first quarter. Creative Planning now owns 1,125 shares of the health services provider’s stock valued at $140,000 after buying an additional 17 shares in the last quarter. Cadence Capital Management LLC increased its position in Universal Health Services by 0.5% in the second quarter. Cadence Capital Management LLC now owns 3,256 shares of the health services provider’s stock valued at $397,000 after buying an additional 17 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in Universal Health Services by 0.3% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 6,643 shares of the health services provider’s stock valued at $811,000 after buying an additional 18 shares in the last quarter. Finally, Cleararc Capital Inc. increased its position in Universal Health Services by 1.0% in the first quarter. Cleararc Capital Inc. now owns 2,033 shares of the health services provider’s stock valued at $253,000 after buying an additional 20 shares in the last quarter. 85.26% of the stock is owned by institutional investors.

Universal Health Services Company Profile

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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