Breaking: Could Universal Health Services, Inc. Change Direction After Today’s Big Increase?

Breaking: Could Universal Health Services, Inc. Change Direction After Today's Big Increase?

The stock of Universal Health Services, Inc. (NYSE:UHS) is a huge mover today! About 402,412 shares traded hands. Universal Health Services, Inc. (NYSE:UHS) has declined 8.81% since April 28, 2016 and is downtrending. It has underperformed by 14.74% the S&P500.
The move comes after 7 months positive chart setup for the $12.05B company. It was reported on Dec, 1 by Barchart.com. We have $134.37 PT which if reached, will make NYSE:UHS worth $964.00M more.

Analysts await Universal Health Services, Inc. (NYSE:UHS) to report earnings on February, 23. They expect $1.82 EPS, up 6.43% or $0.11 from last year’s $1.71 per share. UHS’s profit will be $176.27 million for 17.09 P/E if the $1.82 EPS becomes a reality. After $1.60 actual EPS reported by Universal Health Services, Inc. for the previous quarter, Wall Street now forecasts 13.75% EPS growth.

Universal Health Services, Inc. (NYSE:UHS) Ratings Coverage

Out of 14 analysts covering Universal Health Services Inc. (NYSE:UHS), 7 rate it a “Buy”, 0 “Sell”, while 7 “Hold”. This means 50% are positive. Universal Health Services Inc. has been the topic of 26 analyst reports since August 4, 2015 according to StockzIntelligence Inc. The company was maintained on Thursday, October 27 by Mizuho. RBC Capital Markets maintained Universal Health Services, Inc. (NYSE:UHS) rating on Tuesday, August 4. RBC Capital Markets has “Outperform” rating and $161 price target. Mizuho downgraded Universal Health Services, Inc. (NYSE:UHS) rating on Wednesday, November 9. Mizuho has “Neutral” rating and $133 price target. The rating was maintained by Mizuho with “Buy” on Friday, January 22. The stock has “Overweight” rating given by JP Morgan on Wednesday, September 16. The company was maintained on Friday, July 31 by Mizuho. KeyBanc Capital Markets upgraded the shares of UHS in a report on Thursday, October 1 to “Overweight” rating. Sterne Agee CRT upgraded the stock to “Neutral” rating in Wednesday, March 2 report. Credit Suisse initiated the shares of UHS in a report on Wednesday, December 16 with “Neutral” rating. As per Monday, September 21, the company rating was maintained by Leerink Swann.

According to Zacks Investment Research, “The principal business of Universal Health Services, Inc. is owning and operating acute care hospitals, behavioral health centers, ambulatory surgery centers, radiation oncology centers and women’s centers. Services provided by the Company’s hospitals include general surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, coronary care, pediatric services and behavioral health services.”

Insitutional Activity: The institutional sentiment decreased to 0.69 in 2016 Q2. Its down 0.32, from 1.01 in 2016Q1. The ratio fall, as 34 funds sold all Universal Health Services, Inc. shares owned while 165 reduced positions. 54 funds bought stakes while 147 increased positions. They now own 81.01 million shares or 3.65% less from 84.07 million shares in 2016Q1.
Rs Invest Mngmt Communications Llc accumulated 184,694 shares or 0.25% of the stock. Moreover, Finemark State Bank Tru has 0.01% invested in Universal Health Services, Inc. (NYSE:UHS) for 870 shares. Maverick Capital Limited, a Texas-based fund reported 2.77 million shares. Meeder Asset Management holds 0.06% or 5,170 shares in its portfolio. Marietta Inv Ptnrs Limited Liability holds 3,920 shares or 0.19% of its portfolio. Tiaa Cref Inv Management Ltd Llc, a New York-based fund reported 954,429 shares. Ncm Capital Advisers, a North Carolina-based fund reported 6,818 shares. Geode Cap Mngmt Ltd reported 759,711 shares or 0.06% of all its holdings. Gam Ag has invested 0.01% of its portfolio in Universal Health Services, Inc. (NYSE:UHS). Trust last reported 1.31% of its portfolio in the stock. Origin Asset Management Limited Liability Partnership owns 113,814 shares or 1.02% of their US portfolio. State Board Of Administration Of Florida Retirement accumulated 0.06% or 141,448 shares. Huntington Bank & Trust reported 266 shares or 0% of all its holdings. Fred Alger Mngmt Inc last reported 330,578 shares in the company. Pura Vida Invests Ltd Liability has 2.28% invested in the company for 40,000 shares.

Insider Transactions: Since June 3, 2016, the stock had 0 buys, and 1 insider sale for $934,152 net activity. Another trade for 6,756 shares valued at $934,152 was made by OSTEEN DEBRA K on Thursday, June 9. Pember Marvin G. sold $2.19M worth of Universal Health Services, Inc. (NYSE:UHS) on Friday, June 3.

More recent Universal Health Services, Inc. (NYSE:UHS) news were published by: Prnewswire.com which released: “Universal Health Services, Inc. To Present At Citi’s 2016 Global Healthcare …” on November 18, 2016. Also Forbes.com published the news titled: “The Supreme Court’s ‘Universal Health’ Ruling: A Net Win For Federal …” on June 17, 2016. Prnewswire.com‘s news article titled: “Universal Health Services, Inc. Reports 2016 Third Quarter Financial Results …” with publication date: October 26, 2016 was also an interesting one.

UHS Company Profile

Universal Health Services, Inc., incorporated on January 8, 1979, is a holding company. The Company, through its subsidiaries, is engaged in owning and operating acute care hospitals, behavioral health centers, surgical hospitals, ambulatory surgery centers and radiation oncology centers. The Company’s segment is acute care hospital services and behavioral healthcare services. The Other segment includes centralized services, including information services, purchasing, reimbursement, accounting, taxation, legal, advertising, design and construction and patient accounting, as well as the operating results for its other operating entities, including outpatient surgery and radiation centers. The Company’s 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. The Firm provides capital resources, as well as a range of management services to its facilities, including central purchasing, information services, finance and control systems, facilities planning, physician recruitment services, administrative personnel management, marketing and public relations. The Firm owns and operates approximately 24 inpatient acute care hospitals, three free-standing emergency departments, and 213 inpatient and 16 outpatient behavioral healthcare facilities. The Firm also manages and owns outright or in partnerships with physicians, approximately four surgical hospitals, and surgery and radiation oncology centers located in four states.

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