Universal Health Realty Income Trust (NYSE:UHT) Share Price Passes Above Fifty Day Moving Average of $84.42

Universal Health Realty Income Trust (NYSE:UHT)’s share price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $84.42 and traded as high as $83.50. Universal Health Realty Income Trust shares last traded at $82.88, with a volume of 2,474 shares traded.

The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.62 and a current ratio of 1.62. The firm has a market cap of $1.12 billion, a price-to-earnings ratio of 25.17 and a beta of 0.80. The stock has a fifty day moving average price of $84.46.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 2nd. Investors of record on Monday, June 24th will be issued a dividend of $0.68 per share. The ex-dividend date of this dividend is Friday, June 21st. This represents a $2.72 dividend on an annualized basis and a yield of 3.20%. This is a boost from Universal Health Realty Income Trust’s previous quarterly dividend of $0.68.

Institutional investors have recently bought and sold shares of the stock. Amundi Pioneer Asset Management Inc. raised its holdings in shares of Universal Health Realty Income Trust by 16.0% in the 1st quarter. Amundi Pioneer Asset Management Inc. now owns 7,684 shares of the real estate investment trust’s stock worth $582,000 after acquiring an additional 1,059 shares during the last quarter. Martingale Asset Management L P grew its position in Universal Health Realty Income Trust by 53.4% in the 1st quarter. Martingale Asset Management L P now owns 40,525 shares of the real estate investment trust’s stock worth $3,069,000 after purchasing an additional 14,100 shares in the last quarter. Piedmont Investment Advisors Inc. bought a new stake in Universal Health Realty Income Trust in the 1st quarter worth about $240,000. Great West Life Assurance Co. Can grew its position in Universal Health Realty Income Trust by 3.9% in the 1st quarter. Great West Life Assurance Co. Can now owns 25,618 shares of the real estate investment trust’s stock worth $1,938,000 after purchasing an additional 970 shares in the last quarter. Finally, Mason Street Advisors LLC grew its position in Universal Health Realty Income Trust by 3.4% in the 1st quarter. Mason Street Advisors LLC now owns 4,061 shares of the real estate investment trust’s stock worth $307,000 after purchasing an additional 134 shares in the last quarter. Institutional investors and hedge funds own 62.78% of the company’s stock.

Universal Health Realty Income Trust Company Profile (NYSE:UHT)

Universal Health Realty Income Trust, a real estate investment trust, invests in healthcare and human service related facilities including acute care hospitals, rehabilitation hospitals, sub-acute care facilities, medical/office buildings, free-standing emergency departments and childcare centers. We have investments in sixty-nine properties located in twenty states.

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