Allianz Asset Management GmbH Buys Shares of 10,265 Universal Health Realty Income Trust (NYSE:UHT)

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 purchased a new position in shares of Universal Health Realty Income Trust (NYSE:UHT - Free Report) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 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 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of UHT. Raymond James Financial Inc. acquired a new position in Universal Health Realty Income Trust during the 4th quarter worth approximately $691,000. KLP Kapitalforvaltning AS acquired a new position in Universal Health Realty Income Trust during the 4th quarter worth approximately $100,000. JPMorgan Chase & Co. boosted its position in Universal Health Realty Income Trust by 39.3% during the 4th quarter. JPMorgan Chase & Co. now owns 113,962 shares of the real estate investment trust's stock worth $4,241,000 after acquiring an additional 32,128 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Universal Health Realty Income Trust by 9.3% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 58,255 shares of the real estate investment trust's stock valued at $2,168,000 after buying an additional 4,979 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in shares of Universal Health Realty Income Trust by 1.2% in the 4th quarter. Geode Capital Management LLC now owns 336,415 shares of the real estate investment trust's stock valued at $12,521,000 after buying an additional 3,986 shares during the last quarter. Institutional investors and hedge funds own 64.66% of the company's stock.

Universal Health Realty Income Trust Stock Up 1.7%

Shares of NYSE UHT traded up $0.66 during trading hours on Monday, hitting $39.26. The company had a trading volume of 71,019 shares, compared to its average volume of 61,849. The stock has a market capitalization of $543.68 million, a P/E ratio of 30.43 and a beta of 0.98. The company has a quick ratio of 8.49, a current ratio of 8.49 and a debt-to-equity ratio of 2.14. Universal Health Realty Income Trust has a 1-year low of $34.56 and a 1-year high of $47.30. The firm's 50 day moving average is $40.52 and its 200-day moving average is $39.69.

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

Universal Health Realty Income Trust Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Monday, June 23rd were given a dividend of $0.74 per share. This represents a $2.96 annualized dividend and a yield of 7.5%. The ex-dividend date was Monday, June 23rd. This is a positive change from Universal Health Realty Income Trust's previous quarterly dividend of $0.74. Universal Health Realty Income Trust's dividend payout ratio (DPR) is 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.