Universal Health Services, Inc. (NYSE:UHS) announced a quarterly dividend on Friday, January 28, reports RTT News. Shareholders of record on Tuesday, March 1 will receive a dividend of 0.20 per share from the healthcare provider on Tuesday, March 15. This represents an annualized dividend of $0.80 and a yield of 0.62%.
Universal Health Services has increased its dividend payout by 100.0% over the past three years. Universal Health Services has a dividend payout ratio of 6.0%, indicating that its dividend is sufficiently covered by earnings. Equity research analysts expect Universal Health Services to earn $12.13 per share next year, meaning the company should continue to be able to cover its 0.80 annual dividend. $ with an expected future payout ratio of 6.6%.
Shares of UHS rose $3.27 on Friday, hitting $129.76. 26,822 shares of the stock traded in hands, compared to its average volume of 718,388. The company’s 50-day moving average price is $128.39 and its two-hundred-day moving average price is $138.23. The company has a debt ratio of 0.58, a quick ratio of 1.09 and a current ratio of 1.19. The stock has a market capitalization of $10.43 billion, a PE ratio of 10.18, a PEG ratio of 1.69 and a beta of 1.18. Universal Health Services has a twelve month minimum of $116.23 and a twelve month maximum of $165.00.
Universal Health Services (NYSE:UHS) last released its quarterly results on Sunday, October 24. The healthcare provider reported earnings per share (EPS) of $2.67 for the quarter, missing the Zacks consensus estimate of $2.75 per ($0.08). The company posted revenue of $3.16 billion for the quarter, versus $3.11 billion expected by analysts. Universal Health Services had a return on equity of 16.41% and a net margin of 8.52%. The company’s revenue for the quarter increased 8.4% year over year. In the same quarter last year, the company earned earnings per share of $2.88. On average, equity research analysts expect Universal Health Services to post EPS of 11.72 for the current fiscal year.
Several brokerages have recently commented on UHS. SVB Leerink raised its target price on Universal Health Services from $132.00 to $136.00 and gave the company a “market performance” rating in a Friday, Jan. 7 report. Zacks Investment Research moved shares of Universal Health Services from a “sell” rating to a “hold” rating and set a price target of $132.00 for the company in a Wednesday, October 27 report. Citigroup cut its price target on Universal Health Services stock from $188.00 to $160.00 and set a “buy” rating for the company in a Wednesday, Nov. 3, report. Barclays lowered its price target on Universal Health Services shares from $160.00 to $141.00 and set an “underweight” rating on the stock in a Tuesday, Dec. 21 research note. Finally, Mizuho cut its price target on Universal Health Services stock from $178.00 to $151.00 and set a “buy” rating on the stock in a Friday, Oct. 29 research report. Four research analysts rated the stock with a sell rating, three gave the company a hold rating and six gave the company a buy rating. Based on data from MarketBeat.com, Universal Health Services currently has a consensus rating of “Hold” and an average price target of $150.83.
Universal Health Services Company Profile
Universal Health Services, Inc. operates as a healthcare management company that, through its subsidiaries, owns and operates acute care hospitals, behavioral health centers and outpatient care facilities. It operates through the following segments: Acute Care Hospital Services, Behavioral Health Care Services and Others.
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