Universal Health Services (UHS) has seen both gains and losses recently. Russell Investments Group Ltd and Daiwa Securities Group Inc have increased their stakes in UHS, leading to a raised price target by Barclays to $198.00. Forsta AP Fonden and Empowered Funds LLC have also made new investments in UHS. However, UHS might face a significant setback from a $535 million judgment against a subsidiary, which the company plans to appeal. The company has also undergone a notable leadership change, with founder Alan B. Miller stepping down as CEO, replaced by President Marc D. Miller. UHS has collaborated with Beaumont Health on a new mental health hospital and another major project in Michigan. Despite a ransomware attack causing significant losses, the company has managed to address the issue effectively. UHS has also finalized a $122 million settlement with the Department of Justice (DOJ) and agreed to settle an ERISA complaint for $12.5 million.
Universal Health Services Class B UHS News Analytics from Wed, 07 Dec 2016 08:00:00 GMT to Sun, 21 Jul 2024 14:58:29 GMT -
Rating 2
- Innovation 0
- Information 5
- Rumor -5
