Universal Health Realty Income Trust (NYSE:UHT) Earns Hold (C) Rating from Weiss Ratings

Universal Health Realty Income Trust (NYSE:UHT)‘s stock had its “hold (c)” rating reiterated by analysts at Weiss Ratings in a report issued on Wednesday,Weiss Ratings reports.

Universal Health Realty Income Trust Stock Performance

Shares of UHT stock opened at $36.28 on Wednesday. Universal Health Realty Income Trust has a 1-year low of $34.56 and a 1-year high of $43.45. The company has a current ratio of 7.25, a quick ratio of 7.25 and a debt-to-equity ratio of 2.26. The company has a market capitalization of $503.16 million, a price-to-earnings ratio of 28.12 and a beta of 0.98. The stock’s fifty day simple moving average is $39.62 and its 200-day simple moving average is $39.67.

Universal Health Realty Income Trust (NYSE:UHT) last issued its quarterly earnings results on Monday, July 28th. The real estate investment trust reported $0.85 earnings per share for the quarter. Universal Health Realty Income Trust had a return on equity of 10.27% and a net margin of 18.19%.The business had revenue of $24.87 million for the quarter.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Bank of New York Mellon Corp lifted its position in shares of Universal Health Realty Income Trust by 27.3% in the first quarter. Bank of New York Mellon Corp now owns 427,804 shares of the real estate investment trust’s stock worth $17,523,000 after buying an additional 91,621 shares during the last quarter. Invesco Ltd. lifted its position in shares of Universal Health Realty Income Trust by 53.9% during the 1st quarter. Invesco Ltd. now owns 141,698 shares of the real estate investment trust’s stock worth $5,804,000 after purchasing an additional 49,644 shares during the last quarter. Nuveen LLC acquired a new position in shares of Universal Health Realty Income Trust during the 1st quarter worth about $1,288,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Universal Health Realty Income Trust by 7.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 345,520 shares of the real estate investment trust’s stock worth $14,152,000 after purchasing an additional 24,188 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its position in shares of Universal Health Realty Income Trust by 29.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 95,865 shares of the real estate investment trust’s stock worth $3,927,000 after purchasing an additional 21,708 shares during the last quarter. Hedge funds and other institutional investors own 64.66% of the company’s stock.

About Universal Health Realty Income Trust

Universal Health Realty Income Trust, a real estate investment trust, invests in healthcare and human-service related facilities including acute care hospitals, behavioral health care hospitals, specialty facilities, medical/office buildings, free-standing emergency departments and childcare centers.