Universal Health Realty Income Trust (NYSE:UHT) Stock Rating Lowered by StockNews.com

StockNews.com lowered shares of Universal Health Realty Income Trust (NYSE:UHT) from a buy rating to a hold rating in a research note released on Saturday morning.

Universal Health Realty Income Trust Price Performance

UHT stock opened at $41.18 on Friday. The company has a quick ratio of 7.93, a current ratio of 6.65 and a debt-to-equity ratio of 2.02. The company’s fifty day simple moving average is $43.51 and its 200 day simple moving average is $40.72. Universal Health Realty Income Trust has a 12-month low of $32.27 and a 12-month high of $47.30. The firm has a market cap of $570.34 million, a price-to-earnings ratio of 30.73 and a beta of 0.83.

Universal Health Realty Income Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, September 16th were given a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a dividend yield of 7.09%. The ex-dividend date of this dividend was Monday, September 16th. Universal Health Realty Income Trust’s payout ratio is 222.90%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in UHT. Los Angeles Capital Management LLC grew its stake in Universal Health Realty Income Trust by 12.2% in the 3rd quarter. Los Angeles Capital Management LLC now owns 25,117 shares of the real estate investment trust’s stock valued at $1,149,000 after purchasing an additional 2,730 shares during the period. Asset Management One Co. Ltd. grew its position in Universal Health Realty Income Trust by 5.0% in the third quarter. Asset Management One Co. Ltd. now owns 19,070 shares of the real estate investment trust’s stock worth $872,000 after acquiring an additional 907 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of Universal Health Realty Income Trust by 6,990.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 709 shares of the real estate investment trust’s stock worth $32,000 after acquiring an additional 699 shares during the last quarter. Creative Planning lifted its stake in shares of Universal Health Realty Income Trust by 12.7% in the 3rd quarter. Creative Planning now owns 10,661 shares of the real estate investment trust’s stock valued at $488,000 after acquiring an additional 1,205 shares during the last quarter. Finally, Code Waechter LLC bought a new stake in Universal Health Realty Income Trust during the 3rd quarter valued at $1,070,000. 64.66% of the stock is currently owned by institutional investors and hedge funds.

Universal Health Realty Income Trust Company Profile

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.