Universal Health Realty Income Trust (NYSE:UHT) Upgraded at Freedom Broker

Key Points

• Freedom Broker upgraded Universal Health Realty Income Trust from “hold” to “strong buy.” UBS also raised its rating to “buy,” giving UHT an overall MarketBeat consensus rating of “Buy.”
• UHT shares opened at $38.21, with a market capitalization of about $531 million and a 52-week range of $36.07 to $46.30. The REIT recently reported quarterly EPS of $0.35 on revenue of $25.35 million.
• Institutional investors and hedge funds own approximately 64.66% of UHT’s outstanding shares, with several investment firms increasing or initiating positions during the recent quarters.

Universal Health Realty Income Trust (NYSE:UHT - Get Free Report) was upgraded by Freedom Broker from a "hold" rating to a "strong-buy" rating in a research report issued on Thursday, Zacks reports.

A number of other equities analysts have also weighed in on UHT. Weiss Ratings lowered Universal Health Realty Income Trust from a "hold (c+)" rating to a "hold (c)" rating in a research note on Thursday, October 8th. UBS Group raised Universal Health Realty Income Trust to a "buy" rating in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Buy".

Universal Health Realty Income Trust Trading Up 0.9%

UHT opened at $38.21 on Thursday. The company has a debt-to-equity ratio of 2.84, a current ratio of 6.19 and a quick ratio of 5.54. The company's 50 day simple moving average is $39.07 and its two-hundred day simple moving average is $41.08. Universal Health Realty Income Trust has a 1-year low of $36.07 and a 1-year high of $46.30. The firm has a market capitalization of $531.12 million, a price-to-earnings ratio of 26.35 and a beta of 0.82.

Universal Health Realty Income Trust (NYSE:UHT - Get Free Report) last posted its quarterly earnings results on Tuesday, October 27th. The real estate investment trust reported $0.35 earnings per share (EPS) for the quarter. The business had revenue of $25.35 million during the quarter. Universal Health Realty Income Trust had a return on equity of 13.34% and a net margin of 20.31%.

Institutional Investors Weigh In On Universal Health Realty Income Trust

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Bessemer Group Inc. lifted its position in Universal Health Realty Income Trust by 120.6% in the first quarter. Bessemer Group Inc. now owns 759 shares of the real estate investment trust's stock valued at $30,000 after buying an additional 415 shares during the last quarter. Trust Co. of Vermont acquired a new stake in shares of Universal Health Realty Income Trust during the second quarter valued at about $41,000. Integrated Wealth Concepts LLC acquired a new stake in shares of Universal Health Realty Income Trust during the second quarter valued at about $86,000. John Boyer Inc. purchased a new stake in shares of Universal Health Realty Income Trust in the 3rd quarter valued at approximately $100,000. Finally, Nisa Investment Advisors LLC raised its stake in shares of Universal Health Realty Income Trust by 197.8% in the 3rd quarter. Nisa Investment Advisors LLC now owns 3,017 shares of the real estate investment trust's stock valued at $113,000 after acquiring an additional 2,004 shares during the period. Institutional investors and hedge funds own 64.66% of the company's stock.

Universal Health Realty Income Trust Company Profile

Universal Health Realty Income Trust NYSE: UHT is a real estate investment trust that owns and invests in healthcare and human-service-related properties. Its portfolio includes acute-care hospitals, behavioral health facilities, outpatient treatment centers, physician office buildings, ambulatory surgery centers and other healthcare facilities.

The company generally leases its properties to healthcare providers under long-term agreements, generating rental income from facilities operated by tenants.

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