Code Waechter LLC Decreases Stake in Universal Health Realty Income Trust (NYSE:UHT)

Code Waechter LLC reduced its holdings in Universal Health Realty Income Trust (NYSE:UHT - Free Report) by 60.3% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 9,288 shares of the real estate investment trust's stock after selling 14,121 shares during the quarter. Code Waechter LLC owned about 0.07% of Universal Health Realty Income Trust worth $380,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. Bank of New York Mellon Corp boosted its position in shares of Universal Health Realty Income Trust by 27.3% during the first quarter. Bank of New York Mellon Corp now owns 427,804 shares of the real estate investment trust's stock valued at $17,523,000 after purchasing an additional 91,621 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Universal Health Realty Income Trust by 1.2% during the fourth quarter. Geode Capital Management LLC now owns 336,415 shares of the real estate investment trust's stock valued at $12,521,000 after purchasing an additional 3,986 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Universal Health Realty Income Trust by 5.3% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 321,332 shares of the real estate investment trust's stock valued at $11,957,000 after purchasing an additional 16,292 shares in the last quarter. Renaissance Technologies LLC boosted its position in shares of Universal Health Realty Income Trust by 4.8% during the fourth quarter. Renaissance Technologies LLC now owns 272,310 shares of the real estate investment trust's stock valued at $10,133,000 after purchasing an additional 12,500 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its position in shares of Universal Health Realty Income Trust by 0.3% during the fourth quarter. Ameriprise Financial Inc. now owns 154,836 shares of the real estate investment trust's stock valued at $5,761,000 after purchasing an additional 526 shares in the last quarter. 64.66% of the stock is currently owned by institutional investors.

Universal Health Realty Income Trust Stock Down 0.5%

Shares of NYSE UHT traded down $0.21 during mid-day trading on Friday, hitting $40.85. 49,439 shares of the stock traded hands, compared to its average volume of 61,694. The stock has a fifty day moving average price of $40.00 and a 200-day moving average price of $39.23. The company has a market cap of $565.77 million, a price-to-earnings ratio of 30.26 and a beta of 0.92. Universal Health Realty Income Trust has a 52 week low of $34.56 and a 52 week high of $47.30. 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, April 28th. The real estate investment trust reported $0.86 earnings per share (EPS) for the quarter. The business 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. This is a boost from Universal Health Realty Income Trust's previous quarterly dividend of $0.74. The ex-dividend date of this dividend was Monday, June 23rd. This represents a $2.96 dividend on an annualized basis and a yield of 7.25%. Universal Health Realty Income Trust's payout ratio is presently 219.26%.

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.