Code Waechter LLC decreased its stake in Universal Health Realty Income Trust (NYSE:UHT - Free Report) by 60.3% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,288 shares of the real estate investment trust's stock after selling 14,121 shares during the quarter. Code Waechter LLC owned approximately 0.07% of Universal Health Realty Income Trust worth $380,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. GAMMA Investing LLC lifted its position in Universal Health Realty Income Trust by 7,347.1% in the 1st quarter. GAMMA Investing LLC now owns 18,022 shares of the real estate investment trust's stock worth $738,000 after buying an additional 17,780 shares in the last quarter. Deutsche Bank AG raised its holdings in shares of Universal Health Realty Income Trust by 16.5% during the 4th quarter. Deutsche Bank AG now owns 8,705 shares of the real estate investment trust's stock valued at $324,000 after purchasing an additional 1,233 shares in the last quarter. D. E. Shaw & Co. Inc. raised its holdings in shares of Universal Health Realty Income Trust by 67.0% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 11,715 shares of the real estate investment trust's stock valued at $436,000 after purchasing an additional 4,699 shares in the last quarter. Thrivent Financial for Lutherans raised its holdings in shares of Universal Health Realty Income Trust by 16.1% during the 4th quarter. Thrivent Financial for Lutherans now owns 11,613 shares of the real estate investment trust's stock valued at $432,000 after purchasing an additional 1,608 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in shares of Universal Health Realty Income Trust by 42.5% during the 4th quarter. Bank of New York Mellon Corp now owns 336,183 shares of the real estate investment trust's stock valued at $12,509,000 after purchasing an additional 100,325 shares in the last quarter. Hedge funds and other institutional investors own 64.66% of the company's stock.
Universal Health Realty Income Trust Stock Down 0.5%
Shares of Universal Health Realty Income Trust stock traded down $0.21 during midday trading on Friday, reaching $40.85. 49,439 shares of the company's stock traded hands, compared to its average volume of 61,693. The company has a market cap of $565.77 million, a price-to-earnings ratio of 30.26 and a beta of 0.92. The company's 50 day simple moving average is $40.00 and its 200 day simple moving average is $39.26. 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 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 released its quarterly earnings results on Monday, April 28th. The real estate investment trust reported $0.86 earnings per share for the quarter. The business had revenue of $24.55 million for the quarter. Universal Health Realty Income Trust had a net margin of 19.01% and a return on equity of 10.34%.
Universal Health Realty Income Trust Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Monday, June 23rd were issued 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 7.25%. This is an increase from Universal Health Realty Income Trust's previous quarterly dividend of $0.74. Universal Health Realty Income Trust's dividend payout ratio (DPR) is currently 219.26%.
About Universal Health Realty Income Trust
(
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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