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

Universal Health Realty Income Trust (NYSE:UHT) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $40.40 and traded as high as $41.22. Universal Health Realty Income Trust shares last traded at $41.10, with a volume of 42,121 shares trading hands.

Universal Health Realty Income Trust Trading Down 0.1 %

The company has a market cap of $569.28 million, a price-to-earnings ratio of 31.37 and a beta of 0.84. The company has a current ratio of 6.65, a quick ratio of 6.65 and a debt-to-equity ratio of 2.02. The business’s 50 day moving average price is $39.97 and its 200-day moving average price is $40.40.

Universal Health Realty Income Trust (NYSE:UHT) last issued its quarterly earnings data on Wednesday, February 26th. The real estate investment trust reported $0.85 earnings per share (EPS) for the quarter. Universal Health Realty Income Trust had a net margin of 18.41% and a return on equity of 9.44%. The firm had revenue of $24.64 million during the quarter.

Universal Health Realty Income Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 24th were paid a $0.735 dividend. The ex-dividend date was Monday, March 24th. This represents a $2.94 annualized dividend and a yield of 7.15%. Universal Health Realty Income Trust’s dividend payout ratio (DPR) is presently 211.51%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in UHT. Illinois Municipal Retirement Fund grew its stake in shares of Universal Health Realty Income Trust by 5.0% in the fourth quarter. Illinois Municipal Retirement Fund now owns 7,108 shares of the real estate investment trust’s stock valued at $264,000 after acquiring an additional 341 shares in the last quarter. Point72 Asset Management L.P. raised its stake in Universal Health Realty Income Trust by 16.3% in the 4th quarter. Point72 Asset Management L.P. now owns 2,676 shares of the real estate investment trust’s stock worth $100,000 after purchasing an additional 376 shares in the last quarter. BNP Paribas Financial Markets boosted its holdings in Universal Health Realty Income Trust by 7.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 7,013 shares of the real estate investment trust’s stock valued at $321,000 after purchasing an additional 483 shares during the period. Ameriprise Financial Inc. grew its position in shares of Universal Health Realty Income Trust by 0.3% during the 4th quarter. Ameriprise Financial Inc. now owns 154,836 shares of the real estate investment trust’s stock worth $5,761,000 after purchasing an additional 526 shares in the last quarter. Finally, Barclays PLC increased its holdings in shares of Universal Health Realty Income Trust by 3.8% during the fourth quarter. Barclays PLC now owns 23,713 shares of the real estate investment trust’s stock worth $881,000 after purchasing an additional 861 shares during the period. 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.