Universal Health Services, Inc. (NYSE:UHS) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued on Thursday.

According to Zacks, “Universal Health’s robust inorganic growth has substantially contributed to strong revenue generation. Moreover, the U.S healthcare industry offers immense untapped opportunities given the rising numbers of baby boomers. Also, solid Acute-care Platform continues to perform well. The company is scheduled to report its second quarter results on Jul 25, after the market closes. The Zacks Consensus Estimate is pegged at $2.07 for the second quarter, reflecting 6.7% year over year growth. Well reflective of the positives, over last six months, the company’s shares have gained 9%, outperforming the 6% increase of the Zacks categorized Hospital industry. However, Universal Health remains exposed to integration risks owing to several acquisitions. Further, the company’s highly leveraged balance sheet a major headwind. The company is also expected witness margin contraction at both acute care and behavioral hospitals.”

UHS has been the topic of a number of other reports. Deutsche Bank AG started coverage on Universal Health Services in a research report on Tuesday, April 4th. They issued a “buy” rating and a $145.00 target price on the stock. Mizuho upgraded Universal Health Services from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $133.00 to $138.00 in a research report on Monday, March 27th. BidaskClub upgraded Universal Health Services from a “strong sell” rating to a “sell” rating in a research report on Thursday, June 29th. Piper Jaffray Companies restated an “overweight” rating and set a $147.00 price objective on shares of Universal Health Services in a research report on Monday, April 17th. Finally, Morgan Stanley started 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 on the stock. One analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $141.45.

Shares of Universal Health Services (UHS) traded down 0.49% during mid-day trading on Thursday, reaching $123.55. The company had a trading volume of 146,264 shares. Universal Health Services has a one year low of $99.72 and a one year high of $138.77. The firm has a 50 day moving average of $116.76 and a 200-day moving average of $117.42. The stock has a market capitalization of $11.95 billion, a P/E ratio of 16.86 and a beta of 1.08.

Universal Health Services (NYSE:UHS) last released its quarterly earnings data on Tuesday, April 25th. The health services provider reported $2.10 earnings per share for the quarter, topping analysts’ consensus estimates of $2.07 by $0.03. The firm had revenue of $2.61 billion during the quarter, compared to analyst estimates of $2.65 billion. Universal Health Services had a return on equity of 15.99% and a net margin of 7.23%. The business’s quarterly revenue was up 6.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.98 earnings per share. Analysts forecast that Universal Health Services will post $8.00 EPS for the current fiscal year.

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A number of hedge funds and other institutional investors have recently made changes to their positions in UHS. Creative Planning boosted its position in shares of 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 during the period. Ladenburg Thalmann Financial Services Inc. boosted its position in shares of Universal Health Services by 3.2% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,211 shares of the health services provider’s stock valued at $141,000 after buying an additional 38 shares during the period. Intrust Bank NA purchased a new position in shares of Universal Health Services during the first quarter valued at about $202,000. Stratos Wealth Partners LTD. purchased a new position in shares of Universal Health Services during the first quarter valued at about $202,000. Finally, Commerzbank Aktiengesellschaft FI purchased a new position in shares of Universal Health Services during the first quarter valued at about $205,000. 86.15% of the stock is currently 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.

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Analyst Recommendations for Universal Health Services (NYSE:UHS)

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