Universal Health Realty Income Trust (NYSE:UHT) Share Price Passes Above 200-Day Moving Average - What's Next?

Universal Health Realty Income Trust (NYSE:UHT - Get Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $39.10 and traded as high as $41.50. Universal Health Realty Income Trust shares last traded at $41.29, with a volume of 34,913 shares trading hands.

Universal Health Realty Income Trust Trading Up 0.1%

The company has a quick ratio of 8.49, a current ratio of 8.49 and a debt-to-equity ratio of 2.14. The firm's 50-day simple moving average is $39.77 and its 200-day simple moving average is $39.10. The firm has a market capitalization of $571.87 million, a PE ratio of 30.59 and a beta of 0.92.

Universal Health Realty Income Trust (NYSE:UHT - Get Free Report) last announced its earnings results on Monday, April 28th. The real estate investment trust reported $0.86 earnings per share for the quarter. The business had revenue of $24.55 million during the quarter. Universal Health Realty Income Trust had a net margin of 19.01% and a return on equity of 10.34%.

Universal Health Realty Income Trust Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Monday, June 23rd were paid a dividend of $0.74 per share. This represents a $2.96 annualized dividend and a dividend yield of 7.17%. The ex-dividend date of this dividend was Monday, June 23rd. This is a boost from Universal Health Realty Income Trust's previous quarterly dividend of $0.74. Universal Health Realty Income Trust's dividend payout ratio (DPR) is currently 219.26%.

Institutional Trading of Universal Health Realty Income Trust

Several hedge funds have recently bought and sold shares of the stock. Goldman Sachs Group Inc. grew its holdings in Universal Health Realty Income Trust by 29.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 95,865 shares of the real estate investment trust's stock valued at $3,927,000 after purchasing an additional 21,708 shares during the last quarter. Strs Ohio acquired a new position in shares of Universal Health Realty Income Trust during the first quarter valued at about $102,000. Jane Street Group LLC increased its holdings in shares of Universal Health Realty Income Trust by 41.4% during the first quarter. Jane Street Group LLC now owns 24,493 shares of the real estate investment trust's stock valued at $1,003,000 after acquiring an additional 7,175 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Universal Health Realty Income Trust by 7.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 345,520 shares of the real estate investment trust's stock valued at $14,152,000 after acquiring an additional 24,188 shares in the last quarter. Finally, AQR Capital Management LLC increased its holdings in Universal Health Realty Income Trust by 4.7% in the 1st quarter. AQR Capital Management LLC now owns 24,789 shares of the real estate investment trust's stock worth $1,015,000 after buying an additional 1,120 shares during the period. Hedge funds and other 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.