Weiss Ratings Reaffirms “Hold (C-)” Rating for Universal Health Realty Income Trust (NYSE:UHT)

Universal Health Realty Income Trust (NYSE:UHT)‘s stock had its “hold (c-)” rating reissued by equities researchers at Weiss Ratings in a research note issued on Thursday,Weiss Ratings reports.

Universal Health Realty Income Trust Trading Up 1.7%

NYSE UHT opened at $38.22 on Thursday. The company has a current ratio of 7.37, a quick ratio of 7.25 and a debt-to-equity ratio of 2.37. The company’s fifty day simple moving average is $38.81 and its 200-day simple moving average is $39.40. The stock has a market cap of $530.15 million, a P/E ratio of 29.63 and a beta of 0.98. Universal Health Realty Income Trust has a 52 week low of $34.56 and a 52 week high of $43.38.

Universal Health Realty Income Trust (NYSE:UHT) last posted its quarterly earnings data on Monday, October 27th. The real estate investment trust reported $0.88 earnings per share for the quarter. The company had revenue of $25.30 million during the quarter. Universal Health Realty Income Trust had a net margin of 18.06% and a return on equity of 10.63%.

Insiders Place Their Bets

In related news, CEO Alan B. Miller purchased 12,247 shares of the company’s stock in a transaction that occurred on Wednesday, October 29th. The stock was acquired at an average price of $37.02 per share, for a total transaction of $453,383.94. Following the completion of the purchase, the chief executive officer owned 182,104 shares in the company, valued at approximately $6,741,490.08. This represents a 7.21% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.39% of the stock is currently owned by company insiders.

Institutional Trading of Universal Health Realty Income Trust

Hedge funds and other institutional investors have recently made changes to their positions in the stock. GAMMA Investing LLC increased its stake in shares of Universal Health Realty Income Trust by 101.8% in the second quarter. GAMMA Investing LLC now owns 888 shares of the real estate investment trust’s stock worth $35,000 after buying an additional 448 shares during the last quarter. Tower Research Capital LLC TRC raised its stake in shares of Universal Health Realty Income Trust by 130.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,063 shares of the real estate investment trust’s stock valued at $42,000 after purchasing an additional 602 shares in the last quarter. Versant Capital Management Inc raised its stake in shares of Universal Health Realty Income Trust by 848.8% in the 3rd quarter. Versant Capital Management Inc now owns 1,167 shares of the real estate investment trust’s stock valued at $46,000 after purchasing an additional 1,044 shares in the last quarter. Hantz Financial Services Inc. raised its stake in shares of Universal Health Realty Income Trust by 842.2% in the 2nd quarter. Hantz Financial Services Inc. now owns 1,517 shares of the real estate investment trust’s stock valued at $61,000 after purchasing an additional 1,356 shares in the last quarter. Finally, CWM LLC lifted its holdings in Universal Health Realty Income Trust by 40.7% during the 1st quarter. CWM LLC now owns 2,170 shares of the real estate investment trust’s stock worth $89,000 after buying an additional 628 shares during the last quarter. 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.