Universal Health Realty Income Trust (NYSE:UHT) Shares Cross Above 200 Day Moving Average of $39.14

Universal Health Realty Income Trust (NYSE:UHT) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $39.14 and traded as high as $46.08. Universal Health Realty Income Trust shares last traded at $45.35, with a volume of 291,331 shares changing hands.

Universal Health Realty Income Trust Stock Down 1.7 %

The firm has a 50 day moving average price of $43.37 and a 200-day moving average price of $39.14. The company has a current ratio of 7.93, a quick ratio of 7.93 and a debt-to-equity ratio of 1.90. The firm has a market cap of $628.10 million, a PE ratio of 38.76 and a beta of 0.83.

Universal Health Realty Income Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Monday, September 16th will be issued a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a yield of 6.44%. The ex-dividend date is Monday, September 16th. Universal Health Realty Income Trust’s dividend payout ratio (DPR) is presently 249.57%.

Hedge Funds Weigh In On Universal Health Realty Income Trust

Large investors have recently bought and sold shares of the business. CANADA LIFE ASSURANCE Co increased its stake in Universal Health Realty Income Trust by 1.3% in the first quarter. CANADA LIFE ASSURANCE Co now owns 25,236 shares of the real estate investment trust’s stock valued at $926,000 after purchasing an additional 336 shares during the last quarter. Illinois Municipal Retirement Fund boosted its holdings 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 buying an additional 382 shares in the last quarter. DekaBank Deutsche Girozentrale purchased a new position in shares of Universal Health Realty Income Trust in the 2nd quarter valued at $34,000. Point72 Asset Management L.P. grew its position in shares of Universal Health Realty Income Trust by 71.1% in the 2nd quarter. Point72 Asset Management L.P. now owns 2,395 shares of the real estate investment trust’s stock valued at $94,000 after buying an additional 995 shares during the last quarter. Finally, Rhumbline Advisers raised its stake in Universal Health Realty Income Trust by 3.1% during the 2nd quarter. Rhumbline Advisers now owns 33,370 shares of the real estate investment trust’s stock worth $1,306,000 after acquiring an additional 1,014 shares in the last quarter. 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, 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.