How Credit Suisse Currently Rates Universal Health (NYSE:UHS)
In a comprehensive report shared with investors and clients on 16 December, stock analysts at Credit Suisse initiated coverage on Universal Health (NYSE:UHS) shares. The brokerage issued a key “Neutral” rating for UHS stock.
From a total of 17 analysts covering Universal Health Services Inc. (NYSE:UHS) stock, 12 rate it a ”Buy”, 0 a “Sell”, and 5 a ”Hold”. This means that 71% of the ratings are positive. The highest target price is $166 while the lowest target price is $127. The mean of all analyst targets is $146.12 with a 28.93% above today’s ($118.44) stock price. Universal Health Services Inc. was the topic of 14 analyst reports since August 4, 2015 according to the firm StockzIntelligence Inc. RBC Capital Markets maintained shares on October 29 with “Outperform” rating. Mizuho maintained shares with “Buy” rating and $166 target share price in a report from a July 31. KeyBanc Capital Markets upgraded UHS stock in a recent report from October 1 to “Overweight” rating. Finally, Zacks upgraded the stock to “Hold” rating in a report issued on an August 5.
Approximately 122,042 shares of stock traded hands. Universal Health Services, Inc. (NYSE:UHS) has declined 1.28% since May 13, 2015 and is downtrending. It has outperformed by 1.34% the S&P500.
The overall sentiment of institutions has decreased to 1.01 in Q2 2015. Its down 0.09, from 1.1 in 2015Q2. The ratio dropped, as 53 institutions have sold all the shares of Universal Health Services, Inc. that they owned while 167 funds have taken shares off the table. 51 funds have purchased shares for the first time while 171 added to their positions. These institutions now hold 76.06 million shares or 10.12% less than the 84.63 million shares they owned in 2015Q2.
The Fund Westport Asset Management Inc currently is holding shares equating to 19.46% of its total portfolio in Universal Health Services, Inc. representing a total of 179,366 shares. Another fund,Westport Advisers Llc, is holding a total of 685,391 shares equating to 11.59% of their holdings. Additionally, Conatus Capital Management Lp has a 903,811 share stake in Universal Health Services, Inc. which represents 7.13% of their total portfolio. The Fund, Pura Vida Investments Llc, based out of New York, has also built up a stake in the stock, which represents a total of 4.62% of their total portfolio. Finally Healthcor Management L.P., a fund which is based in the state of New York reported a total holdings of 475,000 shares.
Universal Health Services, Inc. is a holding company. The company has a market cap of $11.55 billion. The Firm operates through its subsidiaries, which owns and operates acute care hospitals, behavioral health centers, surgical hospitals, ambulatory surgery centers and radiation oncology centers. It has 17.59 P/E ratio. The Company’s divisions include acute care hospital services, behavioral health care services and Other.
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.”