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

Shares of 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.

Universal Health Realty Income Trust Trading Down 3.4 %

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 stock’s fifty day moving average price is $40.05 and its two-hundred day moving average price is $40.36. The stock has a market capitalization of $545.45 million, a P/E ratio of 30.06 and a beta of 0.84.

Universal Health Realty Income Trust (NYSE:UHT) last issued its earnings results on Wednesday, February 26th. The real estate investment trust reported $0.85 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 company had revenue of $24.64 million for the quarter.

Universal Health Realty Income Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 24th were given a dividend of $0.735 per share. The ex-dividend date was Monday, March 24th. This represents a $2.94 annualized dividend and a yield of 7.47%. Universal Health Realty Income Trust’s payout ratio is 211.51%.

Institutional Trading of Universal Health Realty Income Trust

A number of institutional investors have recently made changes to their positions in the stock. Point72 Asset Management L.P. grew its holdings in shares of Universal Health Realty Income Trust by 16.3% in 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 purchasing an additional 376 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Universal Health Realty Income Trust by 5.3% in 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 acquiring an additional 16,292 shares during the period. Deutsche Bank AG raised its stake in shares of Universal Health Realty Income Trust by 16.5% during the fourth quarter. Deutsche Bank AG now owns 8,705 shares of the real estate investment trust’s stock valued at $324,000 after acquiring an additional 1,233 shares during the last quarter. D. E. Shaw & Co. Inc. raised its stake in shares of Universal Health Realty Income Trust by 67.0% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 11,715 shares of the real estate investment trust’s stock valued at $436,000 after acquiring an additional 4,699 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in shares of Universal Health Realty Income Trust by 0.3% during the fourth 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 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, 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.