Universal Health Realty Income Trust (NYSE:UHT) Posts Earnings Results

Universal Health Realty Income Trust (NYSE:UHT - Get Free Report) announced its quarterly earnings data on Monday, April 27th. The real estate investment trust reported $0.36 earnings per share (EPS) for the quarter, Zacks reports. Universal Health Realty Income Trust had a return on equity of 11.44% and a net margin of 18.00%.The company had revenue of $24.53 million for the quarter.

Universal Health Realty Income Trust Stock Up 0.7%

Shares of UHT traded up $0.27 during trading hours on Thursday, reaching $40.61. The stock had a trading volume of 59,270 shares, compared to its average volume of 63,631. The company has a market capitalization of $563.55 million, a price-to-earnings ratio of 31.73 and a beta of 0.83. The firm has a 50-day simple moving average of $41.99 and a 200 day simple moving average of $40.71. The company has a current ratio of 6.14, a quick ratio of 6.05 and a debt-to-equity ratio of 2.56. Universal Health Realty Income Trust has a 12 month low of $35.26 and a 12 month high of $44.70.

Universal Health Realty Income Trust Dividend Announcement

The company 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 7.3%. The ex-dividend date of this dividend was Monday, March 23rd. Universal Health Realty Income Trust's dividend payout ratio is presently 232.81%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a "hold (c)" rating on shares of Universal Health Realty Income Trust in a research note on Wednesday, April 15th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has a consensus rating of "Hold".

Institutional Investors Weigh In On Universal Health Realty Income Trust

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Advisory Services Network LLC bought a new position in Universal Health Realty Income Trust during the third quarter worth about $29,000. Tower Research Capital LLC TRC grew its position in shares of Universal Health Realty Income Trust by 130.6% in the second 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. Kestra Advisory Services LLC purchased a new stake in Universal Health Realty Income Trust during the 4th quarter worth about $46,000. Strs Ohio bought a new stake in shares of Universal Health Realty Income Trust during the first quarter valued at about $102,000. Finally, Russell Investments Group Ltd. grew its stake in Universal Health Realty Income Trust by 165.3% during the third quarter. Russell Investments Group Ltd. now owns 2,573 shares of the real estate investment trust's stock valued at $101,000 after acquiring an additional 1,603 shares in the last quarter. 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 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.