10,265 Shares in Universal Health Realty Income Trust (NYSE:UHT) Purchased by Allianz Asset Management GmbH

Key Points

• Allianz Asset Management GmbH made a new investment of approximately $420,000 in Universal Health Realty Income Trust (NYSE:UHT), acquiring 10,265 shares in the first quarter.
• Universal Health Realty Income Trust has declared a quarterly dividend of $0.74, resulting in an annualized dividend of $2.96 and a yield of 7.7%, with a payout ratio of 229.46%.
• The stock opened at $38.63, with a market capitalization of $535.01 million, showing a price-to-earnings ratio of 29.95 and a 52-week range between $34.56 and $47.30.

Allianz Asset Management GmbH bought a new position in shares of Universal Health Realty Income Trust (NYSE:UHT - Free Report) during the 1st quarter, according to its most recent 13F filing with the SEC. The fund bought 10,265 shares of the real estate investment trust's stock, valued at approximately $420,000. Allianz Asset Management GmbH owned about 0.07% of Universal Health Realty Income Trust at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. CWM LLC lifted its holdings in shares of Universal Health Realty Income Trust by 40.7% in the 1st quarter. CWM LLC now owns 2,170 shares of the real estate investment trust's stock valued at $89,000 after buying an additional 628 shares during the period. KLP Kapitalforvaltning AS purchased a new stake in shares of Universal Health Realty Income Trust in the fourth quarter valued at approximately $100,000. Point72 Asset Management L.P. grew its position in Universal Health Realty Income Trust by 16.3% in the fourth quarter. Point72 Asset Management L.P. now owns 2,676 shares of the real estate investment trust's stock worth $100,000 after acquiring an additional 376 shares during the period. Resona Asset Management Co. Ltd. purchased a new position in Universal Health Realty Income Trust in the fourth quarter worth approximately $181,000. Finally, Teacher Retirement System of Texas purchased a new position in shares of Universal Health Realty Income Trust during the first quarter worth $250,000. 64.66% of the stock is currently owned by hedge funds and other institutional investors.

Universal Health Realty Income Trust Trading Down 2.8%

Shares of UHT traded down $1.09 during midday trading on Wednesday, hitting $38.28. 51,613 shares of the stock were exchanged, compared to its average volume of 61,690. Universal Health Realty Income Trust has a 52-week low of $34.56 and a 52-week high of $47.30. The stock has a fifty day simple moving average of $40.55 and a 200 day simple moving average of $39.70. The firm has a market cap of $530.11 million, a P/E ratio of 29.55 and a beta of 0.98. The company has a debt-to-equity ratio of 2.14, a quick ratio of 8.49 and a current ratio of 8.49.

Universal Health Realty Income Trust (NYSE:UHT - Get Free Report) last announced its quarterly earnings data on Monday, July 28th. The real estate investment trust reported $0.85 earnings per share (EPS) for the quarter. The business had revenue of $24.87 million for the quarter. Universal Health Realty Income Trust had a return on equity of 10.08% and a net margin of 18.19%.

Universal Health Realty Income Trust Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Monday, June 23rd were given a dividend of $0.74 per share. This represents a $2.96 dividend on an annualized basis and a dividend yield of 7.7%. This is an increase from Universal Health Realty Income Trust's previous quarterly dividend of $0.74. The ex-dividend date was Monday, June 23rd. Universal Health Realty Income Trust's payout ratio is presently 229.46%.

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.