StockNews.com cut shares of Universal Health Realty Income Trust (NYSE:UHT - Free Report) from a buy rating to a hold rating in a report released on Saturday.
Universal Health Realty Income Trust Stock Down 0.2 %
UHT stock traded down $0.07 during trading hours on Friday, reaching $39.49. 50,718 shares of the stock were exchanged, compared to its average volume of 56,702. The company has a market cap of $546.94 million, a price-to-earnings ratio of 30.15 and a beta of 0.83. The firm's 50-day moving average is $43.60 and its 200-day moving average is $40.55. Universal Health Realty Income Trust has a 12 month low of $32.27 and a 12 month high of $47.30. The company has a debt-to-equity ratio of 2.02, a current ratio of 6.65 and a quick ratio of 7.93.
Universal Health Realty Income Trust Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, September 16th were given a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a dividend yield of 7.39%. The ex-dividend date was Monday, September 16th. Universal Health Realty Income Trust's dividend payout ratio is presently 222.90%.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in the business. CANADA LIFE ASSURANCE Co raised its stake in shares of Universal Health Realty Income Trust by 1.3% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 25,236 shares of the real estate investment trust's stock worth $926,000 after purchasing an additional 336 shares in the last quarter. Illinois Municipal Retirement Fund grew its position in shares of 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 acquiring an additional 382 shares during the period. Farther Finance Advisors LLC increased its stake in shares of Universal Health Realty Income Trust by 6,990.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 709 shares of the real estate investment trust's stock worth $32,000 after purchasing an additional 699 shares during the last quarter. DekaBank Deutsche Girozentrale bought a new stake in shares of Universal Health Realty Income Trust in the 2nd quarter valued at about $34,000. Finally, Asset Management One Co. Ltd. lifted its stake in Universal Health Realty Income Trust by 5.0% in the 3rd quarter. Asset Management One Co. Ltd. now owns 19,070 shares of the real estate investment trust's stock valued at $872,000 after purchasing an additional 907 shares during the last quarter. Institutional investors and hedge funds own 64.66% of the company's stock.
About Universal Health Realty Income Trust
(
Get Free Report)
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.
Read More
Before you consider Universal Health Realty Income Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Universal Health Realty Income Trust wasn't on the list.
While Universal Health Realty Income Trust currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
