Universal Health Realty Income Trust (NYSE:UHT) Upgraded to “Buy” by StockNews.com

Universal Health Realty Income Trust (NYSE:UHT) was upgraded by investment analysts at StockNews.com from a “hold” rating to a “buy” rating in a research report issued on Friday.

Universal Health Realty Income Trust Stock Down 2.3 %

Shares of Universal Health Realty Income Trust stock traded down $0.95 on Friday, reaching $40.32. 45,813 shares of the company were exchanged, compared to its average volume of 74,360. Universal Health Realty Income Trust has a 1-year low of $32.27 and a 1-year high of $47.30. The company has a market cap of $558.43 million, a P/E ratio of 31.02 and a beta of 0.82. The company has a debt-to-equity ratio of 1.90, a current ratio of 7.93 and a quick ratio of 7.93. The stock’s 50 day moving average price is $43.99 and its 200-day moving average price is $40.36.

Hedge Funds Weigh In On Universal Health Realty Income Trust

Several hedge funds have recently added to or reduced their stakes in UHT. DekaBank Deutsche Girozentrale purchased a new position in Universal Health Realty Income Trust in the second quarter valued at approximately $34,000. Signaturefd LLC increased its stake in 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 purchasing an additional 1,138 shares during the last quarter. Point72 Asset Management L.P. increased its stake in 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 purchasing an additional 995 shares during the last quarter. Ariadne Wealth Management LP purchased a new position in Universal Health Realty Income Trust in the second quarter valued at approximately $116,000. Finally, State Board of Administration of Florida Retirement System purchased a new position in Universal Health Realty Income Trust in the first quarter valued at approximately $158,000. 64.66% of the stock is currently owned by hedge funds and other institutional investors.

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.