MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Boosts Holdings in Universal Health Realty Income Trust $UHT

Key Points

• MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Universal Health Realty Income Trust by 7.5%, now owning approximately 2.49% of the company, worth about $14.15 million.
• Universal Health Realty Income Trust announced a quarterly dividend of $0.74, with an annualized yield of 7.0%, and a payout ratio of 229.46%.
• The stock price of Universal Health Realty Income Trust recently traded at $42.06, with a 52-week range between $34.56 and $47.30.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Universal Health Realty Income Trust (NYSE:UHT - Free Report) by 7.5% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 345,520 shares of the real estate investment trust's stock after purchasing an additional 24,188 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned 2.49% of Universal Health Realty Income Trust worth $14,152,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of UHT. Price T Rowe Associates Inc. MD raised its position in shares of Universal Health Realty Income Trust by 4.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 23,066 shares of the real estate investment trust's stock worth $859,000 after purchasing an additional 925 shares during the last quarter. Northern Trust Corp grew its stake in Universal Health Realty Income Trust by 5.7% during the 4th quarter. Northern Trust Corp now owns 140,355 shares of the real estate investment trust's stock valued at $5,223,000 after acquiring an additional 7,576 shares in the last quarter. Ameriprise Financial Inc. grew its stake in Universal Health Realty Income Trust by 0.3% during the 4th quarter. Ameriprise Financial Inc. now owns 154,836 shares of the real estate investment trust's stock valued at $5,761,000 after acquiring an additional 526 shares in the last quarter. D. E. Shaw & Co. Inc. grew its stake in 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 acquiring an additional 4,699 shares in the last quarter. Finally, Deutsche Bank AG grew its stake in 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 acquiring an additional 1,233 shares in the last quarter. Institutional investors and hedge funds own 64.66% of the company's stock.

Universal Health Realty Income Trust Price Performance

NYSE UHT traded down $0.55 during trading hours on Friday, hitting $41.45. 59,798 shares of the company's stock traded hands, compared to its average volume of 57,134. 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 market capitalization of $575.09 million, a PE ratio of 32.13 and a beta of 1.02. The company has a debt-to-equity ratio of 2.26, a current ratio of 7.25 and a quick ratio of 7.25. The firm's 50-day moving average is $40.23 and its 200-day moving average is $39.90.

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. Universal Health Realty Income Trust had a net margin of 18.19% and a return on equity of 10.27%. The company had revenue of $24.87 million during the quarter.

Universal Health Realty Income Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 22nd will be paid a $0.74 dividend. The ex-dividend date of this dividend is Monday, September 22nd. This represents a $2.96 annualized dividend and a dividend yield of 7.1%. Universal Health Realty Income Trust's dividend payout ratio is 229.46%.

About Universal Health Realty Income Trust

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.