Universal Health Realty Income Trust (NYSE:UHT) Releases Earnings Results

Universal Health Realty Income Trust (NYSE:UHT) released its quarterly earnings data on Tuesday. The real estate investment trust reported $0.35 EPS for the quarter, FiscalAI reports. Universal Health Realty Income Trust had a return on equity of 12.31% and a net margin of 19.40%. The company had revenue of $25.35 million for the quarter.

Universal Health Realty Income Trust Stock Performance

Shares of NYSE UHT traded down $0.94 during midday trading on Tuesday, hitting $36.77. 172,151 shares of the stock traded hands, compared to its average volume of 110,011. The firm has a market capitalization of $511.03 million, a P/E ratio of 26.45 and a beta of 0.82. Universal Health Realty Income Trust has a one year low of $35.69 and a one year high of $46.30. The company has a debt-to-equity ratio of 2.67, a quick ratio of 5.54 and a current ratio of 5.54. The firm has a 50-day moving average of $39.34 and a two-hundred day moving average of $41.13.

Universal Health Realty Income Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Monday, September 21st were issued a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a dividend yield of 8.2%. The ex-dividend date of this dividend was Monday, September 21st. Universal Health Realty Income Trust’s dividend payout ratio is presently 215.83%.

Analyst Ratings Changes

Separately, Weiss Ratings cut shares of Universal Health Realty Income Trust from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, October 8th. One equities research analyst has rated the stock with a Hold rating. According to data from MarketBeat, Universal Health Realty Income Trust has a consensus rating of “Hold”.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of UHT. Asset Management One Co. Ltd. lifted its stake in shares of Universal Health Realty Income Trust by 9.2% in the 3rd quarter. Asset Management One Co. Ltd. now owns 18,549 shares of the real estate investment trust’s stock worth $694,000 after purchasing an additional 1,560 shares during the period. John Boyer Inc. purchased a new position in shares of Universal Health Realty Income Trust in the third quarter worth approximately $100,000. Total Wealth Planning & Management Inc. grew its position in Universal Health Realty Income Trust by 2.6% during the third quarter. Total Wealth Planning & Management Inc. now owns 16,449 shares of the real estate investment trust’s stock valued at $615,000 after buying an additional 416 shares during the period. Nisa Investment Advisors LLC grew its position in Universal Health Realty Income Trust by 197.8% during the third quarter. Nisa Investment Advisors LLC now owns 3,017 shares of the real estate investment trust’s stock valued at $113,000 after buying an additional 2,004 shares during the period. Finally, Independent Wealth Network Inc. grew its position in Universal Health Realty Income Trust by 1.8% during the third quarter. Independent Wealth Network Inc. now owns 16,313 shares of the real estate investment trust’s stock valued at $610,000 after buying an additional 284 shares during the period. 64.66% of the stock is owned by hedge funds and other institutional investors.

About Universal Health Realty Income Trust

Universal Health Realty Income Trust (NYSE: UHT) is a real estate investment trust that owns and invests in healthcare and human-service-related properties. Its portfolio includes acute-care hospitals, behavioral health facilities, outpatient treatment centers, physician office buildings, ambulatory surgery centers and other healthcare facilities.

The company generally leases its properties to healthcare providers under long-term agreements, generating rental income from facilities operated by tenants.