Mizuho Upgrades Universal Health Services to Buy with Price Target $138

Brokerage firm Mizuho Upgrades its rating on Universal Health Services(UHS). As per the latest information, Mizuho Raises the price target to $138 per share from a prior target of $133. The shares have been rated Buy. Previously, the analysts had a Neutral rating on the shares. The rating by the stock financial advisor at Mizuho was issued on Mar 27, 2017 in a research report to their Investors and Clients.

In a different note, On Mar 6, 2017, PiperJaffray said it Upgrades its rating on Universal Health Services. According to the research note, PiperJaffray Raises the price target to $147 per share from a prior target of $119. The shares have been rated ‘Overweight’ by the firm.

Universal Health Services (UHS) made into the market gainers list on Fridays trading session with the shares advancing 2.58% or 3.06 points. Due to strong positive momentum, the stock ended at $121.89, which is also near the day’s high of $122.89. The stock began the session at $119.57 and the volume stood at 14,28,421 shares. The 52-week high of the shares is $139.77 and the 52 week low is $99.72. The company has a current market capitalization of $11,774 M and it has 9,65,96,737 shares in outstanding.

Universal Health Services(UHS) last announced its earnings results on Feb 28, 2017 for Fiscal Year 2016 and Q4.Company reported revenue of $2.476B. Analysts had an estimated revenue of $2.470B. Earnings per share were $1.8. Analysts had estimated an EPS of $1.81.

Several Insider Transactions has been reported to the SEC. On Mar 9, 2017, Steve Filton (Senior Vice President & CFO) sold 10,000 shares at $123.79 per share price.Also, On Jun 10, 2016, Debra K Osteen (Senior Vice President) sold 6,756 shares at $138.27 per share price.On Jun 6, 2016, Marvin G. Pember (Senior Vice President) sold 16,105 shares at $135.70 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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