Universal Health Realty Income Trust (NYSE:UHT – Get Free Report) was upgraded by equities researchers at StockNews.com from a “hold” rating to a “buy” rating in a report issued on Friday.
Universal Health Realty Income Trust Price Performance
Shares of NYSE:UHT opened at $40.36 on Friday. The company’s fifty day moving average is $43.99 and its two-hundred day moving average is $40.39. The company has a market cap of $558.99 million, a P/E ratio of 31.05 and a beta of 0.82. Universal Health Realty Income Trust has a 12-month low of $32.27 and a 12-month high of $47.30. The company has a quick ratio of 7.93, a current ratio of 7.93 and a debt-to-equity ratio of 1.90.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. DekaBank Deutsche Girozentrale acquired a new stake in Universal Health Realty Income Trust during the second quarter valued at $34,000. Signaturefd LLC lifted its holdings in shares of Universal Health Realty Income Trust by 375.6% during the 2nd quarter. Signaturefd LLC now owns 1,441 shares of the real estate investment trust’s stock valued at $56,000 after buying an additional 1,138 shares during the last quarter. Point72 Asset Management L.P. grew its stake 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 in the last quarter. Ariadne Wealth Management LP acquired a new position in Universal Health Realty Income Trust in the second quarter worth approximately $116,000. Finally, State Board of Administration of Florida Retirement System bought a new position in Universal Health Realty Income Trust during the first quarter valued at approximately $158,000. 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, 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.
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