TheStreet Lowers Universal Health Realty Income Trust (UHT) to C+

Universal Health Realty Income Trust (NYSE:UHT) was downgraded by equities research analysts at TheStreet from a “b” rating to a “c+” rating in a note issued to investors on Wednesday.

Shares of NYSE UHT opened at $61.20 on Wednesday. Universal Health Realty Income Trust has a one year low of $53.00 and a one year high of $84.90. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.09 and a current ratio of 1.09. The firm has a market cap of $829.08 million, a PE ratio of 19.16 and a beta of 0.26.

Get Universal Health Realty Income Trust alerts:

Universal Health Realty Income Trust (NYSE:UHT) last issued its quarterly earnings results on Thursday, March 1st. The real estate investment trust reported $0.44 EPS for the quarter. Universal Health Realty Income Trust had a return on equity of 9.06% and a net margin of 32.35%. The firm had revenue of $18.26 million for the quarter.

Institutional investors and hedge funds have recently modified their holdings of the stock. Assetmark Inc. lifted its holdings in Universal Health Realty Income Trust by 9,580.0% during the 1st quarter. Assetmark Inc. now owns 1,936 shares of the real estate investment trust’s stock worth $116,000 after purchasing an additional 1,916 shares in the last quarter. SG Americas Securities LLC purchased a new stake in Universal Health Realty Income Trust during the 1st quarter worth about $127,000. Advisor Group Inc. lifted its holdings in Universal Health Realty Income Trust by 116.3% during the 4th quarter. Advisor Group Inc. now owns 2,645 shares of the real estate investment trust’s stock worth $198,000 after purchasing an additional 1,422 shares in the last quarter. Xact Kapitalforvaltning AB purchased a new stake in Universal Health Realty Income Trust during the 4th quarter worth about $200,000. Finally, Teacher Retirement System of Texas purchased a new stake in Universal Health Realty Income Trust during the 4th quarter worth about $337,000. 61.76% of the stock is currently owned by institutional investors and hedge funds.

About Universal Health Realty Income Trust

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-eight properties located in twenty states.