Universal Health Services (UHS) 11/10/09 PriceWatch Alert Could Hit 16.74% Return
Posted: Tuesday, November 10, 2009 8:03 AM EDT
By: Market Intelligence Center Staff
Universal Health Services (NYSE: UHS) closed yesterday at $57.66. So far the stock has hit a 52-week low of $30.43 and 52-week high of $66.64. Universal Health Services stock has been showing support around 56.66 and resistance in the 58.20 range. Technical indicators for the stock are Bearish and S&P gives UHS a neutral 3 STAR (out of 5) hold rating. UHS appears on the Investors Observer Hedged Dividend Income list. For a hedged play on this stock, look at a Jan '10 55 covered call (UHS AK) for a net debit in the $53.36 area. That is also the break even stock price for this trade. This covered call has a 67 day duration, provides 7.46% downside protection and a 3.07% assigned return rate for a 16.74% annualized return rate (comparison purposes only). Universal Health Services has a current annual dividend yield of 0.56%. [ATU-Seven Summits Research]
CLICK HERE: FREE Universal Health Services (UHS) Stock ReportSee what our analysts have uncovered about Universal Health Services (UHS).