Universal Health Realty Income Trust (NYSE:UHT) Raised to “Strong-Buy” at Freedom Broker

Universal Health Realty Income Trust (NYSE:UHT – Get Free Report) was upgraded by equities research analysts at Freedom Broker from a “hold” rating to a “strong-buy” rating in a note issued to investors on Thursday, Zacks reports.

Several other research firms also recently weighed in on UHT. UBS Group raised Universal Health Realty Income Trust to a “buy” rating in a report on Thursday. Weiss Ratings cut shares of Universal Health Realty Income Trust from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Universal Health Realty Income Trust presently has an average rating of “Buy”.

View Our Latest Analysis on UHT

Universal Health Realty Income Trust Trading Up 0.9%

NYSE UHT opened at $38.21 on Thursday. The firm’s fifty day moving average price is $39.07 and its 200 day moving average price is $41.08. Universal Health Realty Income Trust has a 12 month low of $36.07 and a 12 month high of $46.30. The company has a debt-to-equity ratio of 2.84, a current ratio of 6.19 and a quick ratio of 5.54. The company has a market capitalization of $531.12 million, a price-to-earnings ratio of 26.35 and a beta of 0.82.

Universal Health Realty Income Trust (NYSE:UHT – Get Free Report) last released its quarterly earnings results on Tuesday, October 27th. The real estate investment trust reported $0.35 EPS for the quarter. Universal Health Realty Income Trust had a return on equity of 13.34% and a net margin of 20.31%. The company had revenue of $25.35 million for the quarter.

Hedge Funds Weigh In On Universal Health Realty Income Trust

A number of hedge funds and other institutional investors have recently bought and sold shares of UHT. Bessemer Group Inc. lifted its stake in shares of 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 worth $30,000 after acquiring an additional 415 shares during the period. Trust Co. of Vermont purchased a new stake in shares of Universal Health Realty Income Trust in the second quarter valued at about $41,000. Integrated Wealth Concepts LLC purchased a new stake in shares of Universal Health Realty Income Trust in the second quarter valued at about $86,000. John Boyer Inc. purchased a new stake in shares of Universal Health Realty Income Trust in the third quarter valued at about $100,000. Finally, Nisa Investment Advisors LLC increased its stake in shares of Universal Health Realty Income Trust by 197.8% during the third quarter. Nisa Investment Advisors LLC now owns 3,017 shares of the real estate investment trust’s stock worth $113,000 after acquiring an additional 2,004 shares during the period. 64.66% of the stock is currently owned by hedge funds and other institutional investors.

About Universal Health Realty Income Trust

(Get Free Report)

Universal Health Realty Income Trust (NYSE: UHT) is a real estate investment trust that owns and invests in healthcare and human-service-related properties. Its portfolio includes acute-care hospitals, behavioral health facilities, outpatient treatment centers, physician office buildings, ambulatory surgery centers and other healthcare facilities.

The company generally leases its properties to healthcare providers under long-term agreements, generating rental income from facilities operated by tenants.

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