ProShare Advisors LLC lessened its holdings in shares of Universal Health Realty Income Trust (NYSE:UHT - Free Report) by 38.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 197,269 shares of the real estate investment trust's stock after selling 125,041 shares during the period. ProShare Advisors LLC owned 1.42% of Universal Health Realty Income Trust worth $7,340,000 at the end of the most recent reporting period.
Other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. grew its position in shares of Universal Health Realty Income Trust by 64.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 81,834 shares of the real estate investment trust's stock valued at $3,744,000 after buying an additional 32,216 shares during the last quarter. Principal Financial Group Inc. grew its position in shares of Universal Health Realty Income Trust by 3.8% during the 4th quarter. Principal Financial Group Inc. now owns 67,289 shares of the real estate investment trust's stock valued at $2,504,000 after buying an additional 2,458 shares during the last quarter. Thrivent Financial for Lutherans grew its position 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 buying an additional 1,608 shares during the last quarter. Bank of New York Mellon Corp grew its position 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 buying an additional 100,325 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in shares of Universal Health Realty Income Trust by 1.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 120,764 shares of the real estate investment trust's stock valued at $4,494,000 after buying an additional 2,241 shares during the last quarter. Institutional investors own 64.66% of the company's stock.
Universal Health Realty Income Trust Stock Performance
Universal Health Realty Income Trust stock traded up $0.01 during midday trading on Friday, reaching $37.92. 44,647 shares of the stock traded hands, compared to its average volume of 63,761. The company has a current ratio of 6.65, a quick ratio of 6.65 and a debt-to-equity ratio of 2.02. The firm has a fifty day moving average price of $38.96 and a two-hundred day moving average price of $39.21. The firm has a market cap of $525.26 million, a price-to-earnings ratio of 28.95 and a beta of 0.88. Universal Health Realty Income Trust has a fifty-two week low of $34.56 and a fifty-two week high of $47.30.
Universal Health Realty Income Trust (NYSE:UHT - Get Free Report) last posted its earnings results on Monday, April 28th. The real estate investment trust reported $0.86 earnings per share (EPS) for the quarter. The firm had revenue of $24.55 million during the quarter. Universal Health Realty Income Trust had a net margin of 18.41% and a return on equity of 9.44%.
Universal Health Realty Income Trust Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 24th were paid a dividend of $0.735 per share. This represents a $2.94 dividend on an annualized basis and a yield of 7.75%. The ex-dividend date of this dividend was Monday, March 24th. Universal Health Realty Income Trust's payout ratio is 217.78%.
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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