Universal Health Services (UHS) 11/17/09 PriceWatch Alert Targets 13.45% Return
Posted: Tuesday, November 17, 2009 8:35 AM EDT
By: Market Intelligence Center Staff
Universal Health Services (NYSE: UHS) closed yesterday at $59.11. 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 58.54 and resistance in the 59.56 range. Technical indicators for the stock are Neutral 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 $53.81 area. That is also the break even stock price for this trade. This covered call has a 60 day duration, provides 8.97% downside protection and a 2.21% assigned return rate for a 13.45% annualized return rate (comparison purposes only). Universal Health Services has a current annual dividend yield of 0.55%. [ATU-Seven Summits Research]
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