Universal Health Realty Income Trust (NYSE:UHT) Shares Cross Above 200 Day Moving Average – Time to Sell?

Shares of Universal Health Realty Income Trust (NYSE:UHT) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $40.18 and traded as high as $41.97. Universal Health Realty Income Trust shares last traded at $41.7290, with a volume of 49,408 shares traded.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “hold (c-)” rating on shares of Universal Health Realty Income Trust in a research report on Monday, December 29th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Universal Health Realty Income Trust Stock Up 1.6%

The company has a current ratio of 6.05, a quick ratio of 6.05 and a debt-to-equity ratio of 2.46. The stock’s 50-day simple moving average is $42.09 and its 200-day simple moving average is $40.18. The firm has a market capitalization of $579.20 million, a P/E ratio of 33.12 and a beta of 0.87.

Universal Health Realty Income Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 23rd were given a dividend of $0.745 per share. This represents a $2.98 dividend on an annualized basis and a dividend yield of 7.1%. The ex-dividend date of this dividend was Monday, March 23rd. Universal Health Realty Income Trust’s dividend payout ratio is currently 236.51%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. grew its position in shares of Universal Health Realty Income Trust by 1.0% during the 3rd quarter. Vanguard Group Inc. now owns 1,619,739 shares of the real estate investment trust’s stock valued at $63,445,000 after acquiring an additional 15,550 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Universal Health Realty Income Trust by 5.7% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 365,199 shares of the real estate investment trust’s stock valued at $14,597,000 after acquiring an additional 19,679 shares during the period. Ameriprise Financial Inc. grew its position in shares of Universal Health Realty Income Trust by 7.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 158,762 shares of the real estate investment trust’s stock valued at $6,219,000 after acquiring an additional 10,654 shares during the period. ProShare Advisors LLC grew its position in shares of Universal Health Realty Income Trust by 1.9% during the 3rd quarter. ProShare Advisors LLC now owns 154,381 shares of the real estate investment trust’s stock valued at $6,047,000 after acquiring an additional 2,870 shares during the period. Finally, Invesco Ltd. grew its position in shares of Universal Health Realty Income Trust by 8.9% during the 2nd quarter. Invesco Ltd. now owns 154,328 shares of the real estate investment trust’s stock valued at $6,168,000 after acquiring an additional 12,630 shares during the period. 64.66% of the stock is owned by institutional investors.

About Universal Health Realty Income Trust

Universal Health Realty Income Trust (NYSE: UHT) is a real estate investment trust specializing in the ownership, financing and development of healthcare-related properties. The company’s primary focus is on sale-leaseback and build-to-suit transactions with hospitals, healthcare systems and senior living operators. Its portfolio includes medical office buildings, hospitals, outpatient facilities, senior housing communities and life science research facilities, all structured to provide long-term, triple-net leases with established healthcare providers.

UHT’s real estate holdings are diversified across key markets throughout the United States, from major metropolitan areas to growing suburban regions.