Universal Health Realty Income Trust (NYSE:UHT) Hits New 1-Year High – What’s Next?

Shares of Universal Health Realty Income Trust (NYSE:UHT) reached a new 52-week high on Wednesday . The stock traded as high as $44.14 and last traded at $43.89, with a volume of 55240 shares. The stock had previously closed at $43.20.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Universal Health Realty Income Trust in a research report on Monday, December 29th. One 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 1.1%

The company has a current ratio of 7.37, a quick ratio of 7.37 and a debt-to-equity ratio of 2.37. The company has a 50-day moving average price of $40.61 and a 200 day moving average price of $39.70. The stock has a market capitalization of $596.62 million, a P/E ratio of 33.34 and a beta of 0.91.

Universal Health Realty Income Trust Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd were given a $0.745 dividend. The ex-dividend date of this dividend was Monday, December 22nd. This is a positive change from Universal Health Realty Income Trust’s previous quarterly dividend of $0.74. This represents a $2.98 dividend on an annualized basis and a yield of 6.9%. Universal Health Realty Income Trust’s dividend payout ratio is presently 231.01%.

Institutional Investors Weigh In On Universal Health Realty Income Trust

Institutional investors have recently added to or reduced their stakes in the business. SG Americas Securities LLC increased its position in Universal Health Realty Income Trust by 463.1% during the third quarter. SG Americas Securities LLC now owns 85,692 shares of the real estate investment trust’s stock worth $3,357,000 after buying an additional 70,475 shares in the last quarter. Moore Capital Management LP acquired a new position in shares of Universal Health Realty Income Trust in the 4th quarter valued at about $1,997,000. Millennium Management LLC bought a new position in Universal Health Realty Income Trust in the third quarter worth about $1,901,000. LPL Financial LLC grew its holdings in shares of Universal Health Realty Income Trust by 465.7% during 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 last quarter. Finally, Exchange Traded Concepts LLC raised its position in shares of Universal Health Realty Income Trust by 149.0% during the 3rd quarter. Exchange Traded Concepts LLC now owns 48,941 shares of the real estate investment trust’s stock worth $1,917,000 after purchasing an additional 29,283 shares during the period. Hedge funds and other institutional investors own 64.66% of the company’s stock.

About Universal Health Realty Income Trust

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.