Citigroup Maintains Universal Health Services to Neutral with Price Target $131.00

Brokerage firm Citigroup Maintains its rating on Universal Health Services(NYSE:UHS). In a research note issued to the investors, the brokerage major Lowers the price-target to $131.00 per share. The shares have been rated Neutral. The rating by Citigroup was issued on Sep 30, 2016.

In a different note, On Jul 29, 2016, JP Morgan said it Maintains its rating on Universal Health Services. In the research note, the firm Raises the price-target to $138.00 per share. The shares have been rated ‘Overweight’ by the firm. On Jul 28, 2016, Barclays said it Maintains its rating on Universal Health Services. In the research note, the firm Lowers the price-target to $150.00 per share. The shares have been rated ‘Equalweight’ by the firm.

Universal Health Services (UHS) made into the market gainers list on Tuesdays trading session with the shares advancing 0.11% or 0.13 points. Due to strong positive momentum, the stock ended at $120.9, which is also near the day’s high of $121.52. The stock began the session at $121.05 and the volume stood at 6,53,597 shares. The 52-week high of the shares is $139.77 and the 52 week low is $100.82. The company has a current market capitalization of $11,773 M and it has 9,73,78,545 shares in outstanding.

Universal Health Services(UHS) last announced its earnings results on Jul 26, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $2.43B. Analysts had an estimated revenue of $2.47B. Earnings per share were $1.94. Analysts had estimated an EPS of $1.94.

Several Insider Transactions has been reported to the SEC. On Jun 10, 2016, Debra K Osteen (Senior Vice President) sold 6,756 shares at $138.27 per share price.Also, On Jun 6, 2016, Marvin G. Pember (Senior Vice President) sold 16,105 shares at $135.70 per share price.On Jun 2, 2016, Steve Filton (Senior Vice President & CFO) sold 15,000 shares at $136.01 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 Company’s segments include acute care hospital services behavioral health care services and Other. The Company’s 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 Company’s subsidiary is UHS of Delaware Inc.

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