Universal Health Realty Income Trust (NYSE:UHT) Stock Crosses Above Two Hundred Day Moving Average - What's Next?

Key Points

• Universal Health Realty (UHT) briefly crossed above its 200-day moving average of $40.65 (intraday high $40.75), but remains below its 50‑day MA ($42.11) and was trading down about 1.6%.
• The REIT pays a quarterly dividend of $0.745 (annualized $2.98) for a 7.5% dividend yield
• Weiss Ratings reiterated a Hold and the consensus is "Hold," while institutional investors own roughly 64.66% of the stock with several funds modestly increasing positions.

Universal Health Realty Income Trust (NYSE:UHT - Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $40.65 and traded as high as $40.75. Universal Health Realty Income Trust shares last traded at $39.8950, with a volume of 77,981 shares traded.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a "hold (c)" rating on shares of Universal Health Realty Income Trust in a research report on Wednesday, April 15th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock has an average rating of "Hold".

Universal Health Realty Income Trust Trading Down 1.6%

The business's 50 day moving average price is $42.11 and its two-hundred day moving average price is $40.65. The company has a current ratio of 6.14, a quick ratio of 6.05 and a debt-to-equity ratio of 2.56. The company has a market capitalization of $553.74 million, a price-to-earnings ratio of 31.17 and a beta of 0.83.

Universal Health Realty Income Trust (NYSE:UHT - Get Free Report) last posted its quarterly earnings results on Wednesday, February 25th. The real estate investment trust reported $0.31 earnings per share for the quarter. Universal Health Realty Income Trust had a net margin of 18.00% and a return on equity of 11.44%. The company had revenue of $24.47 million for the quarter.

Universal Health Realty Income Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 23rd were paid a $0.745 dividend. This represents a $2.98 dividend on an annualized basis and a dividend yield of 7.5%. The ex-dividend date was Monday, March 23rd. Universal Health Realty Income Trust's dividend payout ratio (DPR) is presently 232.81%.

Institutional Investors Weigh In On Universal Health Realty Income Trust

A number of hedge funds have recently made changes to their positions in the stock. Principal Financial Group Inc. boosted its stake in shares of Universal Health Realty Income Trust by 8.0% in the 1st quarter. Principal Financial Group Inc. now owns 77,665 shares of the real estate investment trust's stock valued at $3,143,000 after purchasing an additional 5,725 shares in the last quarter. Independent Wealth Network Inc. boosted its stake in shares of Universal Health Realty Income Trust by 60.4% in the 1st quarter. Independent Wealth Network Inc. now owns 15,081 shares of the real estate investment trust's stock valued at $610,000 after purchasing an additional 5,681 shares in the last quarter. Louisiana State Employees Retirement System bought a new position in Universal Health Realty Income Trust in the 1st quarter valued at approximately $231,000. Mercer Global Advisors Inc. ADV raised its holdings in Universal Health Realty Income Trust by 16.6% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 9,571 shares of the real estate investment trust's stock valued at $375,000 after buying an additional 1,360 shares during the last quarter. Finally, Mackenzie Financial Corp bought a new position in Universal Health Realty Income Trust in the 4th quarter valued at approximately $527,000. 64.66% of the stock is currently owned by institutional investors and hedge funds.

Universal Health Realty Income Trust Company Profile

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.

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