Universal Health Realty Income Trust (NYSE:UHT) Shares Gap Up – Still a Buy?

Universal Health Realty Income Trust (NYSE:UHT) gapped up prior to trading on Wednesday . The stock had previously closed at $38.20, but opened at $39.90. Universal Health Realty Income Trust shares last traded at $40.3140, with a volume of 5,995 shares.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Universal Health Realty Income Trust in a research report on Wednesday, April 15th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

Universal Health Realty Income Trust Trading Down 0.1%

The company has a 50 day simple moving average of $40.73 and a 200 day simple moving average of $41.14. 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 market capitalization of $577.60 million, a PE ratio of 32.51 and a beta of 0.82.

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

Universal Health Realty Income Trust Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 22nd will be issued a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a yield of 7.2%. The ex-dividend date is Monday, June 22nd. This is an increase from Universal Health Realty Income Trust’s previous quarterly dividend of $0.74. Universal Health Realty Income Trust’s payout ratio is 234.38%.

Institutional Investors Weigh In On Universal Health Realty Income Trust

Large investors have recently modified their holdings of the business. Advisory Services Network LLC acquired a new stake in shares of Universal Health Realty Income Trust in the third quarter valued at about $29,000. Bessemer Group Inc. grew its stake in Universal Health Realty Income Trust by 120.6% during the 1st quarter. Bessemer Group Inc. now owns 759 shares of the real estate investment trust’s stock valued at $30,000 after acquiring an additional 415 shares in the last quarter. MAI Capital Management grew its stake in Universal Health Realty Income Trust by 273.8% during the 3rd quarter. MAI Capital Management now owns 800 shares of the real estate investment trust’s stock valued at $31,000 after acquiring an additional 586 shares in the last quarter. Tower Research Capital LLC TRC grew its stake in Universal Health Realty Income Trust by 130.6% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,063 shares of the real estate investment trust’s stock valued at $42,000 after acquiring an additional 602 shares in the last quarter. Finally, Kestra Advisory Services LLC acquired a new stake in Universal Health Realty Income Trust in the 4th quarter valued at 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.