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

Universal Health Realty Income Trust (NYSE:UHT) was downgraded by equities research analysts at StockNews.com from a “buy” rating to a “hold” rating in a research note issued on Saturday.

Universal Health Realty Income Trust Price Performance

Shares of NYSE:UHT opened at $39.45 on Friday. The firm has a fifty day moving average price of $43.69 and a 200 day moving average price of $40.52. Universal Health Realty Income Trust has a fifty-two week low of $32.27 and a fifty-two week high of $47.30. The firm has a market cap of $546.38 million, a price-to-earnings ratio of 30.11 and a beta of 0.82. The company has a debt-to-equity ratio of 2.02, a quick ratio of 7.93 and a current ratio of 6.65.

Institutional Investors Weigh In On Universal Health Realty Income Trust

Several large investors have recently bought and sold shares of UHT. CANADA LIFE ASSURANCE Co raised its position in Universal Health Realty Income Trust by 1.3% during 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 period. Illinois Municipal Retirement Fund raised its holdings in Universal Health Realty Income Trust by 5.4% during 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 during the period. Farther Finance Advisors LLC raised its holdings in Universal Health Realty Income Trust by 6,990.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 709 shares of the real estate investment trust’s stock valued at $32,000 after buying an additional 699 shares during the period. DekaBank Deutsche Girozentrale bought a new stake in Universal Health Realty Income Trust in the second quarter worth $34,000. Finally, Asset Management One Co. Ltd. boosted its stake in Universal Health Realty Income Trust by 5.0% during the third quarter. Asset Management One Co. Ltd. now owns 19,070 shares of the real estate investment trust’s stock worth $872,000 after buying an additional 907 shares during the period. Institutional investors own 64.66% of the company’s stock.

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.