Universal Health Services, Inc. Declares Quarterly Dividend of $0.20 (NYSE: UHS)


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.

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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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Dividend history for Universal Health Services (NYSE:UHS)

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