Bank of New York Mellon Corp grew its holdings in shares of Universal Health Realty Income Trust (NYSE:UHT - Free Report) by 27.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 427,804 shares of the real estate investment trust's stock after purchasing an additional 91,621 shares during the period. Bank of New York Mellon Corp owned approximately 3.09% of Universal Health Realty Income Trust worth $17,523,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. KLP Kapitalforvaltning AS purchased a new position in Universal Health Realty Income Trust in the 4th quarter worth $100,000. Point72 Asset Management L.P. raised its stake in Universal Health Realty Income Trust by 16.3% in the 4th 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 last quarter. Resona Asset Management Co. Ltd. purchased a new position in Universal Health Realty Income Trust in the 4th quarter worth $181,000. Teacher Retirement System of Texas purchased a new position in Universal Health Realty Income Trust in the 1st quarter worth $250,000. Finally, Deutsche Bank AG raised its stake in Universal Health Realty Income Trust by 16.5% in the 4th quarter. Deutsche Bank AG now owns 8,705 shares of the real estate investment trust's stock worth $324,000 after acquiring an additional 1,233 shares during the last quarter. Hedge funds and other institutional investors own 64.66% of the company's stock.
Universal Health Realty Income Trust Stock Performance
UHT stock traded up $0.44 during midday trading on Monday, reaching $40.97. The stock had a trading volume of 21,679 shares, compared to its average volume of 61,583. The stock has a market cap of $567.37 million, a PE ratio of 30.37 and a beta of 0.92. The company has a debt-to-equity ratio of 2.14, a quick ratio of 8.49 and a current ratio of 8.49. The firm has a fifty day simple moving average of $40.21 and a two-hundred day simple moving average of $39.40. Universal Health Realty Income Trust has a 52-week low of $34.56 and a 52-week high of $47.30.
Universal Health Realty Income Trust (NYSE:UHT - Get Free Report) last issued its earnings results on Monday, April 28th. The real estate investment trust reported $0.86 earnings per share (EPS) for the quarter. The company had revenue of $24.55 million during the quarter. Universal Health Realty Income Trust had a return on equity of 10.34% and a net margin of 19.01%.
Universal Health Realty Income Trust Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Monday, June 23rd were paid a dividend of $0.74 per share. The ex-dividend date of this dividend was Monday, June 23rd. This represents a $2.96 dividend on an annualized basis and a dividend yield of 7.23%. 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 presently 219.26%.
Universal Health Realty Income Trust Profile
(
Free Report)
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.
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