Universal Health Services (UHS) : Money flow in the Universal Health Services (UHS) stock was negative (1.75 million) on Tuesday, which shows that the investors used the strength in the stock price to reduce their holdings. The total traded value on upticks was $4.33 million, compared to $6.08 million on downticks. The total uptick to downtick ratio was 0.71, indicating the underlying weakness in the stock. Even in block trades, money flow was negative ($0 million), indicating selling on the strength. Downtick transaction value in block trades amounted to $0.1 million, indicating persistent selling. Universal Health Services (UHS) traded $0.06 higher at $121.15 gaining 0.05% over the previous days close.
Also, Equity Analysts at the JP Morgan maintains the rating on Universal Health Services (NYSE:UHS). The brokerage firm has issued a Overweight rating on the shares. The Analysts at the ratings agency raises the price target from $138 per share to $150 per share. The rating by the firm was issued on July 29, 2016.
Universal Health Services Inc. has lost 0.37% in the last five trading days and dropped 5.61% in the last 4 weeks. Universal Health Services Inc. has dropped 10.95% during the last 3-month period . Year-to-Date the stock performance stands at 1.46%.
Universal Health Services (NYSE:UHS): The stock opened at $120.66 on Tuesday but the bulls could not build on the opening and the stock topped out at $121.52 for the day. The stock traded down to $120.49 during the day, due to lack of any buying support eventually closed down at $121.03 with a loss of -0.05% for the day. The stock had closed at $121.09 on the previous day. The total traded volume was 580,940 shares.
In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Senior Vice President) of Universal Health Services Inc, Osteen Debra K had sold 6,756 shares worth of $934,152 in a transaction dated June 9, 2016. In this transaction, 6,756 shares were sold at $138.27 per share.
Universal Health Services, Inc. is a holding company. The Company operates through its subsidiaries, which owns and operates acute care hospitals, behavioral health centers, surgical hospitals, ambulatory surgery centers and radiation oncology centers. The Companys segments include acute care hospital services, behavioral health care services and Other. The Companys ambulatory treatment centers division includes managing and/or owning or in partnerships with physicians, five surgical hospitals and surgery and radiation oncology centers located in four states. Its services include general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, coronary care, pediatric services, pharmacy services and/or behavioral health services. It provides capital resources, as well as various management services to its facilities. The Companys subsidiary is UHS of Delaware, Inc.