Universal Health Realty Income Trust (NYSE:UHT) Releases Earnings Results
by Doug Wharley · The Cerbat GemUniversal Health Realty Income Trust (NYSE:UHT – Get Free Report) posted its quarterly earnings results on Monday. The real estate investment trust reported $0.88 earnings per share for the quarter, Zacks reports. Universal Health Realty Income Trust had a return on equity of 10.86% and a net margin of 17.75%.
Universal Health Realty Income Trust Price Performance
Shares of NYSE:UHT traded up $0.08 during trading on Monday, hitting $40.85. 52,093 shares of the stock were exchanged, compared to its average volume of 64,038. The company has a fifty day moving average price of $42.30 and a two-hundred day moving average price of $40.52. The company has a market cap of $567.05 million, a PE ratio of 32.42 and a beta of 0.87. The company has a current ratio of 6.05, a quick ratio of 6.05 and a debt-to-equity ratio of 2.46. Universal Health Realty Income Trust has a 12-month low of $35.26 and a 12-month high of $44.70.
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 given a dividend of $0.745 per share. This represents a $2.98 dividend on an annualized basis and a dividend yield of 7.3%. The ex-dividend date was Monday, March 23rd. Universal Health Realty Income Trust’s dividend payout ratio (DPR) is presently 236.51%.
Hedge Funds Weigh In On Universal Health Realty Income Trust
Several hedge funds have recently bought and sold shares of the company. AQR Capital Management LLC grew its holdings in Universal Health Realty Income Trust by 4.7% in the first quarter. AQR Capital Management LLC now owns 24,789 shares of the real estate investment trust’s stock valued at $1,015,000 after purchasing an additional 1,120 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in shares of 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 worth $3,927,000 after buying an additional 21,708 shares during the last quarter. Jane Street Group LLC boosted its position in shares of Universal Health Realty Income Trust by 41.4% in the 1st quarter. Jane Street Group LLC now owns 24,493 shares of the real estate investment trust’s stock worth $1,003,000 after buying an additional 7,175 shares in the last quarter. Strs Ohio purchased a new stake in shares of Universal Health Realty Income Trust in the 1st quarter worth about $102,000. Finally, Creative Planning grew its stake in Universal Health Realty Income Trust by 21.1% in the 2nd quarter. Creative Planning now owns 10,877 shares of the real estate investment trust’s stock valued at $435,000 after acquiring an additional 1,896 shares during the last quarter. 64.66% of the stock is owned by hedge funds and other institutional investors.
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 research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company has a consensus rating of “Hold”.
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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.