Universal Health Realty Income Trust (NYSE:UHT) Shares Cross Above 200 Day Moving Average – Time to Sell?

Universal Health Realty Income Trust (NYSE:UHT)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $41.04 and traded as high as $42.50. Universal Health Realty Income Trust shares last traded at $42.1740, with a volume of 55,515 shares.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Universal Health Realty Income Trust in a report on Wednesday, April 15th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Universal Health Realty Income Trust Trading Up 0.1%

The stock has a 50-day moving average of $41.36 and a 200 day moving average of $41.04. The company has a quick ratio of 6.14, a current ratio of 6.14 and a debt-to-equity ratio of 2.56. The stock has a market cap of $585.38 million, a PE ratio of 32.95 and a beta of 0.83.

Universal Health Realty Income Trust (NYSE:UHT) last announced its quarterly earnings data on Monday, April 27th. The real estate investment trust reported $0.36 EPS for the quarter. The business had revenue of $24.53 million during the quarter. Universal Health Realty Income Trust had a net margin of 18.00% and a return on equity of 11.44%.

Universal Health Realty Income Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 23rd were given a dividend of $0.745 per share. This represents a $2.98 annualized dividend and a yield of 7.1%. The ex-dividend date of this dividend was Monday, March 23rd. Universal Health Realty Income Trust’s dividend payout ratio (DPR) is currently 232.81%.

Institutional Trading of Universal Health Realty Income Trust

Hedge funds have recently modified their holdings of the stock. Raymond James Financial Inc. raised its position in Universal Health Realty Income Trust by 1.6% during the third quarter. Raymond James Financial Inc. now owns 18,698 shares of the real estate investment trust’s stock valued at $732,000 after acquiring an additional 289 shares in the last quarter. Daiwa Securities Group Inc. increased its holdings in shares of Universal Health Realty Income Trust by 8.7% during the 4th quarter. Daiwa Securities Group Inc. now owns 4,838 shares of the real estate investment trust’s stock valued at $190,000 after purchasing an additional 389 shares in the last quarter. Bessemer Group Inc. lifted its stake in shares of Universal Health Realty Income Trust by 120.6% in the 1st quarter. Bessemer Group Inc. now owns 759 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 415 shares during the period. Farther Finance Advisors LLC grew its position in Universal Health Realty Income Trust by 72.6% during the fourth quarter. Farther Finance Advisors LLC now owns 1,246 shares of the real estate investment trust’s stock valued at $49,000 after buying an additional 524 shares during the period. Finally, Resona Asset Management Co. Ltd. raised its position in shares of Universal Health Realty Income Trust by 10.3% in the third quarter. Resona Asset Management Co. Ltd. now owns 5,618 shares of the real estate investment trust’s stock worth $217,000 after acquiring an additional 525 shares during the period. Hedge funds and other institutional investors own 64.66% of the company’s stock.

Universal Health Realty Income Trust Company Profile

Universal Health Realty Income Trust (NYSE: UHT) is a real estate investment trust specializing in the ownership, financing and development of healthcare-related properties. The company’s primary focus is on sale-leaseback and build-to-suit transactions with hospitals, healthcare systems and senior living operators. Its portfolio includes medical office buildings, hospitals, outpatient facilities, senior housing communities and life science research facilities, all structured to provide long-term, triple-net leases with established healthcare providers.

UHT’s real estate holdings are diversified across key markets throughout the United States, from major metropolitan areas to growing suburban regions.