Universal Health Realty Income Trust (NYSE:UHT) Share Price Crosses Above 200 Day Moving Average – What’s Next?

Universal Health Realty Income Trust (NYSE:UHT) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-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 Price Performance

The company has a quick ratio of 6.65, a current ratio of 6.65 and a debt-to-equity ratio of 2.02. The firm’s 50-day moving average is $40.05 and its 200-day moving average is $40.36. The company has a market cap of $545.45 million, a PE ratio of 30.06 and a beta of 0.84.

Universal Health Realty Income Trust (NYSE:UHT) last announced its earnings results 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 return on equity of 9.44% and a net margin of 18.41%. The firm had revenue of $24.64 million during the quarter.

Universal Health Realty Income Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 24th were issued a dividend of $0.735 per share. This represents a $2.94 dividend on an annualized basis and a dividend yield of 7.47%. The ex-dividend date was Monday, March 24th. Universal Health Realty Income Trust’s dividend payout ratio (DPR) is presently 211.51%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Point72 Asset Management L.P. boosted its stake in Universal Health Realty Income Trust by 16.3% during the fourth quarter. Point72 Asset Management L.P. now owns 2,676 shares of the real estate investment trust’s stock worth $100,000 after acquiring an additional 376 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Universal Health Realty Income Trust by 5.3% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 321,332 shares of the real estate investment trust’s stock valued at $11,957,000 after purchasing an additional 16,292 shares during the last quarter. Deutsche Bank AG boosted its position in shares of Universal Health Realty Income Trust by 16.5% in the 4th quarter. Deutsche Bank AG now owns 8,705 shares of the real estate investment trust’s stock worth $324,000 after purchasing an additional 1,233 shares in the last quarter. D. E. Shaw & Co. Inc. grew its stake in shares of Universal Health Realty Income Trust by 67.0% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 11,715 shares of the real estate investment trust’s stock worth $436,000 after buying an additional 4,699 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its position in 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 valued at $5,761,000 after buying an additional 526 shares in the last quarter. 64.66% of the stock is currently owned by institutional investors.

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.