Universal Health Realty Income Trust (NYSE:UHT) Shares Down 4.7% – Time to Sell?

Universal Health Realty Income Trust (NYSE:UHT) traded down 4.7% during trading on Monday . The stock traded as low as $39.16 and last traded at $39.2470. 55,418 shares changed hands during trading, a decline of 13% from the average session volume of 63,748 shares. The stock had previously closed at $41.20.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed 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, According to MarketBeat.com, the stock presently has an average rating of “Hold”.

Universal Health Realty Income Trust Trading Up 1.5%

The stock has a market cap of $551.23 million, a price-to-earnings ratio of 31.03 and a beta of 0.82. The company has a quick ratio of 6.14, a current ratio of 6.14 and a debt-to-equity ratio of 2.56. The business’s 50 day simple moving average is $41.19 and its 200 day simple moving average is $41.21.

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

Institutional Trading of Universal Health Realty Income Trust

Several institutional investors and hedge funds have recently bought and sold shares of the business. Raymond James Financial Inc. lifted its position in shares of Universal Health Realty Income Trust by 1.6% in the third quarter. Raymond James Financial Inc. now owns 18,698 shares of the real estate investment trust’s stock valued at $732,000 after buying an additional 289 shares during the last quarter. Daiwa Securities Group Inc. raised its stake in Universal Health Realty Income Trust by 8.7% in the 4th quarter. Daiwa Securities Group Inc. now owns 4,838 shares of the real estate investment trust’s stock valued at $190,000 after acquiring an additional 389 shares during the period. Bessemer Group Inc. raised its stake in Universal Health Realty Income Trust by 120.6% in the 1st quarter. Bessemer Group Inc. now owns 759 shares of the real estate investment trust’s stock valued at $30,000 after acquiring an additional 415 shares during the period. Farther Finance Advisors LLC lifted its holdings in Universal Health Realty Income Trust by 72.6% during the 4th quarter. Farther Finance Advisors LLC now owns 1,246 shares of the real estate investment trust’s stock valued at $49,000 after purchasing an additional 524 shares during the last quarter. Finally, MAI Capital Management lifted its holdings in Universal Health Realty Income Trust by 273.8% during the 3rd quarter. MAI Capital Management now owns 800 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 586 shares during the last quarter. Institutional investors own 64.66% of the company’s stock.

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.