Universal Health Realty Income Trust (NYSE:UHT) Trading Down 4.7% – Time to Sell?

Universal Health Realty Income Trust (NYSE:UHT) dropped 4.7% during mid-day trading on Monday . The company traded as low as $39.16 and last traded at $39.2470. Approximately 55,418 shares were traded during trading, a decline of 13% from the average daily volume of 63,748 shares. The stock had previously closed at $41.20.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Universal Health Realty Income Trust in a research note on Wednesday, April 15th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Universal Health Realty Income Trust Trading Down 5.5%

The company has a debt-to-equity ratio of 2.56, a quick ratio of 6.14 and a current ratio of 6.14. The company has a 50 day moving average of $41.22 and a two-hundred day moving average of $41.21. The stock has a market cap of $540.35 million, a PE ratio of 30.41 and a beta of 0.82.

Universal Health Realty Income Trust (NYSE:UHT) last announced its quarterly earnings results on Monday, April 27th. The real estate investment trust reported $0.36 earnings per share for the quarter. Universal Health Realty Income Trust had a return on equity of 11.44% and a net margin of 18.00%.The firm had revenue of $24.53 million during the quarter.

Universal Health Realty Income Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 23rd were paid a dividend of $0.745 per share. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $2.98 dividend on an annualized basis and a dividend yield of 7.7%. Universal Health Realty Income Trust’s payout ratio is currently 232.81%.

Institutional Trading of Universal Health Realty Income Trust

Institutional investors and hedge funds have recently modified their holdings of the stock. Advisory Services Network LLC purchased a new stake in shares of Universal Health Realty Income Trust during the third quarter worth about $29,000. Bessemer Group Inc. increased its stake in shares of Universal Health Realty Income Trust by 120.6% during the first quarter. Bessemer Group Inc. now owns 759 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 415 shares in the last quarter. MAI Capital Management increased its stake in shares of Universal Health Realty Income Trust by 273.8% during the third quarter. MAI Capital Management now owns 800 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 586 shares in the last quarter. Tower Research Capital LLC TRC increased its stake in shares of Universal Health Realty Income Trust by 130.6% during the second quarter. Tower Research Capital LLC TRC now owns 1,063 shares of the real estate investment trust’s stock worth $42,000 after purchasing an additional 602 shares in the last quarter. Finally, Kestra Advisory Services LLC purchased a new stake in shares of Universal Health Realty Income Trust during the fourth quarter worth about $46,000. Hedge funds and other institutional investors own 64.66% of the company’s stock.

Universal Health Realty Income Trust Company Profile

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.