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) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $41.18 and traded as high as $41.29. Universal Health Realty Income Trust shares last traded at $40.6080, with a volume of 74,930 shares.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed 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, Universal Health Realty Income Trust presently has an average rating of “Hold”.

Universal Health Realty Income Trust Stock Down 2.0%

The stock’s fifty day moving average is $41.20 and its two-hundred day moving average is $41.18. The company has a current ratio of 6.14, a quick ratio of 6.14 and a debt-to-equity ratio of 2.56. The company has a market capitalization of $563.64 million, a PE ratio of 31.73 and a beta of 0.82.

Universal Health Realty Income Trust (NYSE:UHT) last issued its quarterly earnings results on Monday, April 27th. The real estate investment trust reported $0.36 earnings per share for the quarter. The company had revenue of $24.53 million for 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. Investors of record on Monday, March 23rd were issued a $0.745 dividend. This represents a $2.98 dividend on an annualized basis and a dividend yield of 7.3%. The ex-dividend date of this dividend was Monday, March 23rd. Universal Health Realty Income Trust’s payout ratio is 232.81%.

Institutional Investors Weigh In On Universal Health Realty Income Trust

Institutional investors have recently added to or reduced their stakes in the business. Advisory Services Network LLC purchased a new stake in Universal Health Realty Income Trust during the third quarter valued at about $29,000. Bessemer Group Inc. lifted its holdings in Universal Health Realty Income Trust by 120.6% during the first 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 last quarter. MAI Capital Management lifted its holdings in Universal Health Realty Income Trust by 273.8% during the third quarter. MAI Capital Management now owns 800 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 586 shares during the last quarter. Tower Research Capital LLC TRC lifted its holdings in Universal Health Realty Income Trust by 130.6% during the second quarter. Tower Research Capital LLC TRC now owns 1,063 shares of the real estate investment trust’s stock valued at $42,000 after purchasing an additional 602 shares during the last quarter. Finally, Kestra Advisory Services LLC purchased a new stake in Universal Health Realty Income Trust during the fourth quarter valued at about $46,000. 64.66% of the stock is owned by hedge funds and other institutional investors.

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.