Universal Health Realty Income Trust (NYSE:UHT) Shares Pass Above 200-Day Moving Average – Should You Sell?

Universal Health Realty Income Trust (NYSE:UHT) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $41.53 and traded as high as $44.08. Universal Health Realty Income Trust shares last traded at $43.9950, with a volume of 76,378 shares.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Universal Health Realty Income Trust in a research report on Monday, July 13th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Universal Health Realty Income Trust presently has a consensus rating of “Hold”.

Universal Health Realty Income Trust Trading Up 0.6%

The business has a 50 day simple moving average of $41.74 and a two-hundred day simple moving average of $41.53. 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 cap of $610.65 million, a PE ratio of 34.37 and a beta of 0.82.

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 return on equity of 11.44% and a net margin of 18.00%.

Universal Health Realty Income Trust Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 22nd were paid a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a yield of 6.8%. The ex-dividend date of this dividend was Monday, June 22nd. This is a positive change from Universal Health Realty Income Trust’s previous quarterly dividend of $0.74. Universal Health Realty Income Trust’s dividend payout ratio is 234.38%.

Institutional Trading of Universal Health Realty Income Trust

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Moore Capital Management LP purchased a new position in shares of Universal Health Realty Income Trust during the 4th quarter worth about $1,997,000. Millennium Management LLC acquired a new stake in shares of Universal Health Realty Income Trust in the third quarter worth approximately $1,901,000. LPL Financial LLC grew its holdings in Universal Health Realty Income Trust by 465.7% in the fourth quarter. LPL Financial LLC now owns 50,112 shares of the real estate investment trust’s stock valued at $1,965,000 after purchasing an additional 41,253 shares during the period. Macquarie Group Ltd. purchased a new stake in Universal Health Realty Income Trust in the fourth quarter valued at approximately $876,000. Finally, Goldman Sachs Group Inc. increased its position in Universal Health Realty Income Trust by 29.3% during the first 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.

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.