Universal Health Realty Income Trust (NYSE:UHT) Hits New 1-Year High at $104.22

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Shares of Universal Health Realty Income Trust (NYSE:UHT) hit a new 52-week high during trading on Monday . The stock traded as high as $104.22 and last traded at $104.14, with a volume of 936 shares changing hands. The stock had previously closed at $102.67.

Separately, ValuEngine downgraded shares of Universal Health Realty Income Trust from a “hold” rating to a “sell” rating in a report on Wednesday, October 2nd.

The company’s fifty day moving average price is $98.90 and its 200 day moving average price is $88.08. The company has a market cap of $1.43 billion, a PE ratio of 32.39 and a beta of 0.75. The company has a debt-to-equity ratio of 1.34, a current ratio of 1.38 and a quick ratio of 1.38.

The company also recently announced a — dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, September 16th were issued a $0.68 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a dividend yield of 2.8%.

Hedge funds have recently made changes to their positions in the company. Creative Planning grew its position in Universal Health Realty Income Trust by 7.7% during the second quarter. Creative Planning now owns 4,656 shares of the real estate investment trust’s stock valued at $395,000 after buying an additional 334 shares during the period. Krane Funds Advisors LLC bought a new position in Universal Health Realty Income Trust during the second quarter valued at about $56,000. Wells Fargo & Company MN boosted its position in Universal Health Realty Income Trust by 19.1% during the second quarter. Wells Fargo & Company MN now owns 77,395 shares of the real estate investment trust’s stock worth $6,573,000 after purchasing an additional 12,385 shares during the period. State of Alaska Department of Revenue boosted its position in Universal Health Realty Income Trust by 9.7% during the second quarter. State of Alaska Department of Revenue now owns 9,290 shares of the real estate investment trust’s stock worth $787,000 after purchasing an additional 820 shares during the period. Finally, Russell Investments Group Ltd. bought a new position in Universal Health Realty Income Trust during the second quarter worth about $86,000. Institutional investors own 66.12% of the company’s stock.

Universal Health Realty Income Trust Company Profile (NYSE:UHT)

Universal Health Realty Income Trust, a real estate investment trust, invests in healthcare and human service related facilities including acute care hospitals, rehabilitation hospitals, sub-acute care facilities, medical/office buildings, free-standing emergency departments and childcare centers. We have investments in sixty-nine properties located in twenty states.

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