Universal Health Realty Income Trust (NYSE:UHT) Shares Cross Above 200 Day Moving Average of $39.14

Universal Health Realty Income Trust (NYSE:UHT) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $39.14 and traded as high as $46.08. Universal Health Realty Income Trust shares last traded at $45.35, with a volume of 291,331 shares.

Universal Health Realty Income Trust Stock Down 1.7 %

The stock has a market capitalization of $628.10 million, a price-to-earnings ratio of 38.76 and a beta of 0.83. The business has a 50-day moving average of $43.37 and a 200-day moving average of $39.14. The company has a debt-to-equity ratio of 1.90, a quick ratio of 7.93 and a current ratio of 7.93.

Universal Health Realty Income Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Monday, September 16th will be given a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a dividend yield of 6.44%. The ex-dividend date is Monday, September 16th. Universal Health Realty Income Trust’s dividend payout ratio is presently 249.57%.

Institutional Investors Weigh In On Universal Health Realty Income Trust

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. DekaBank Deutsche Girozentrale acquired a new stake in Universal Health Realty Income Trust in the 2nd quarter valued at approximately $34,000. Signaturefd LLC grew its stake in shares of Universal Health Realty Income Trust by 375.6% in the second quarter. Signaturefd LLC now owns 1,441 shares of the real estate investment trust’s stock valued at $56,000 after buying an additional 1,138 shares in the last quarter. Point72 Asset Management L.P. grew its stake in shares of Universal Health Realty Income Trust by 71.1% in the second quarter. Point72 Asset Management L.P. now owns 2,395 shares of the real estate investment trust’s stock valued at $94,000 after buying an additional 995 shares in the last quarter. Ariadne Wealth Management LP purchased a new stake in shares of Universal Health Realty Income Trust in the 2nd quarter valued at $116,000. Finally, Quest Partners LLC acquired a new position in Universal Health Realty Income Trust during the 4th quarter worth about $154,000. 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, 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.