Universal Health Services (UHS) was Reiterated by RBC Capital Mkts to “Outperform” according to the research note released today. The brokerage firm has raised the Price Target to $ 157 from a previous price target of $150 . RBC Capital Mkts advised their investors in a research report released on Apr 29, 2016.
Many Wall Street Analysts have commented on Universal Health Services. Company shares were Reiterated by Mizuho on Apr 28, 2016 to “Buy”, Firm has raised the Price Target to $ 150 from a previous price target of $140 .Universal Health Services was Downgraded by Standpoint Research to ” Hold” on Apr 21, 2016. Universal Health Services was Upgraded by Wells Fargo to ” Outperform” on Mar 29, 2016.
On the company’s financial health, Universal Health Services reported $1.98 EPS for the quarter, beating the analyst consensus estimate by $ 0.11 according to the earnings call on Apr 27, 2016. Analyst had a consensus of $1.87. The company had revenue of $2619.50 million for the quarter, compared to analysts expectations of $2593.95 million. The company’s revenue was up 10.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.78 EPS.
Universal Health Services closed down -0.07 points or -0.05% at $132.12 with 10,60,758 shares getting traded on Wednesday. Post opening the session at $132.2, the shares hit an intraday low of $130.34 and an intraday high of $132.82 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
In a different news, on Mar 9, 2016, Robert H Hotz (director) sold 7,077 shares at $113.06 per share price. According to the SEC, on Mar 9, 2016, Lawrence S. Gibbs (director) sold 6,000 shares at $112.14 per share price. On Dec 14, 2015, John H Herrell (director) sold 1,200 shares at $117.38 per share price, according to the Form-4 filing with the securities and exchange commission.
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.