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

StockNews.com upgraded shares of Universal Health Realty Income Trust (NYSE:UHT) from a hold rating to a buy rating in a research note issued to investors on Friday morning.

Universal Health Realty Income Trust Price Performance

UHT opened at $40.32 on Friday. The stock has a fifty day moving average price of $43.99 and a 200 day moving average price of $40.36. The company has a current ratio of 7.93, a quick ratio of 7.93 and a debt-to-equity ratio of 1.90. Universal Health Realty Income Trust has a 1 year low of $32.27 and a 1 year high of $47.30. The stock has a market cap of $558.43 million, a price-to-earnings ratio of 31.02 and a beta of 0.82.

Universal Health Realty Income Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Monday, September 16th were paid a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a yield of 7.24%. The ex-dividend date of this dividend was Monday, September 16th. Universal Health Realty Income Trust’s dividend payout ratio (DPR) is presently 224.62%.

Hedge Funds Weigh In On Universal Health Realty Income Trust

Several hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. increased its holdings in shares of Universal Health Realty Income Trust by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 2,242,974 shares of the real estate investment trust’s stock valued at $97,009,000 after acquiring an additional 12,376 shares during the last quarter. Los Angeles Capital Management LLC raised its position in shares of Universal Health Realty Income Trust by 20.4% in the first quarter. Los Angeles Capital Management LLC now owns 7,137 shares of the real estate investment trust’s stock valued at $262,000 after purchasing an additional 1,210 shares during the period. Denali Advisors LLC raised its position in shares of Universal Health Realty Income Trust by 58.8% in the first quarter. Denali Advisors LLC now owns 5,400 shares of the real estate investment trust’s stock valued at $198,000 after purchasing an additional 2,000 shares during the period. BNP Paribas Financial Markets boosted its holdings in shares of Universal Health Realty Income Trust by 12.6% during the 1st quarter. BNP Paribas Financial Markets now owns 13,067 shares of the real estate investment trust’s stock worth $480,000 after buying an additional 1,462 shares during the period. Finally, Illinois Municipal Retirement Fund grew its stake in Universal Health Realty Income Trust by 5.4% in the 1st quarter. Illinois Municipal Retirement Fund now owns 7,404 shares of the real estate investment trust’s stock valued at $272,000 after buying an additional 382 shares during the last quarter. 64.66% of the stock is 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.