Universal Health Realty Income Trust (NYSE:UHT) Downgraded to Hold at StockNews.com

Universal Health Realty Income Trust (NYSE:UHT – Get Rating) was downgraded by StockNews.com from a “buy” rating to a “hold” rating in a report released on Wednesday.

UHT opened at $51.21 on Wednesday. The firm has a 50 day moving average price of $54.55 and a 200 day moving average price of $56.97. The company has a market cap of $705.98 million, a PE ratio of 6.47 and a beta of 0.81. Universal Health Realty Income Trust has a 1 year low of $47.27 and a 1 year high of $74.00. The company has a debt-to-equity ratio of 1.40, a quick ratio of 8.64 and a current ratio of 1.74.

In other news, Director Robert F. Mccadden acquired 2,000 shares of the stock in a transaction on Tuesday, May 10th. The stock was bought at an average price of $47.88 per share, with a total value of $95,760.00. Following the completion of the transaction, the director now directly owns 7,000 shares of the company’s stock, valued at $335,160. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.90% of the stock is owned by company insiders.

Several institutional investors have recently added to or reduced their stakes in the company. Advisor Group Holdings Inc. boosted its stake in shares of Universal Health Realty Income Trust by 3.7% during the 1st quarter. Advisor Group Holdings Inc. now owns 5,620 shares of the real estate investment trust’s stock valued at $386,000 after buying an additional 203 shares during the last quarter. Credit Suisse AG boosted its stake in shares of Universal Health Realty Income Trust by 1.1% during the 4th quarter. Credit Suisse AG now owns 18,739 shares of the real estate investment trust’s stock valued at $1,114,000 after buying an additional 207 shares during the last quarter. Public Sector Pension Investment Board boosted its stake in shares of Universal Health Realty Income Trust by 0.8% during the 3rd quarter. Public Sector Pension Investment Board now owns 28,044 shares of the real estate investment trust’s stock valued at $1,550,000 after buying an additional 210 shares during the last quarter. Dumont & Blake Investment Advisors LLC boosted its stake in shares of Universal Health Realty Income Trust by 5.4% during the 1st quarter. Dumont & Blake Investment Advisors LLC now owns 4,530 shares of the real estate investment trust’s stock valued at $264,000 after buying an additional 234 shares during the last quarter. Finally, California State Teachers Retirement System boosted its stake in shares of Universal Health Realty Income Trust by 1.8% during the 4th quarter. California State Teachers Retirement System now owns 18,552 shares of the real estate investment trust’s stock valued at $1,103,000 after buying an additional 326 shares during the last quarter. Institutional investors own 63.63% of the company’s stock.

Universal Health Realty Income Trust Company Profile (Get Rating)

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 seventy-one properties located in twenty states, including two that are currently under construction.

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