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

Universal Health Realty Income Trust (NYSE:UHT)’s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $40.21 and traded as high as $40.37. Universal Health Realty Income Trust shares last traded at $40.2210, with a volume of 76,856 shares.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “hold (c-)” rating on shares of Universal Health Realty Income Trust in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Universal Health Realty Income Trust Stock Up 1.1%

The company has a quick ratio of 6.05, a current ratio of 6.05 and a debt-to-equity ratio of 2.46. The business has a 50-day simple moving average of $41.89 and a two-hundred day simple moving average of $40.21. The stock has a market capitalization of $558.27 million, a P/E ratio of 31.92 and a beta of 0.89.

Universal Health Realty Income Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 23rd will be paid a $0.745 dividend. This represents a $2.98 annualized dividend and a dividend yield of 7.4%. The ex-dividend date is Monday, March 23rd. Universal Health Realty Income Trust’s payout ratio is currently 236.51%.

Institutional Investors Weigh In On Universal Health Realty Income Trust

Hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in Universal Health Realty Income Trust by 1.0% during the 3rd quarter. Vanguard Group Inc. now owns 1,619,739 shares of the real estate investment trust’s stock valued at $63,445,000 after purchasing an additional 15,550 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Universal Health Realty Income Trust by 5.7% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 365,199 shares of the real estate investment trust’s stock worth $14,597,000 after buying an additional 19,679 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Universal Health Realty Income Trust by 0.4% during the second quarter. Geode Capital Management LLC now owns 344,184 shares of the real estate investment trust’s stock worth $13,759,000 after buying an additional 1,428 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in shares of Universal Health Realty Income Trust by 7.2% during the third quarter. Ameriprise Financial Inc. now owns 158,762 shares of the real estate investment trust’s stock worth $6,219,000 after buying an additional 10,654 shares in the last quarter. Finally, ProShare Advisors LLC raised its stake in shares of Universal Health Realty Income Trust by 1.9% in the third quarter. ProShare Advisors LLC now owns 154,381 shares of the real estate investment trust’s stock valued at $6,047,000 after acquiring an additional 2,870 shares during the last quarter. Institutional investors and hedge funds own 64.66% of the company’s stock.

About Universal Health Realty Income Trust

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.