Universal Health Realty Income Trust (NYSE:UHT) Holdings Cut by New York State Common Retirement Fund

Key Points

• New York State Common Retirement Fund has significantly reduced its stake in Universal Health Realty Income Trust by 63.4%, now holding only 5,609 shares valued at approximately $230,000.
• Point72 Asset Management and several other institutional investors have increased their holdings in the trust, indicating a mixed sentiment among major investors.
• Universal Health Realty Income Trust has announced a quarterly dividend of $0.74, reflecting a 7.17% yield, which remains unchanged from the previous quarterly payment.

New York State Common Retirement Fund lowered its stake in shares of Universal Health Realty Income Trust (NYSE:UHT - Free Report) by 63.4% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,609 shares of the real estate investment trust's stock after selling 9,700 shares during the period. New York State Common Retirement Fund's holdings in Universal Health Realty Income Trust were worth $230,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Point72 Asset Management L.P. raised its position in Universal Health Realty Income Trust by 16.3% during the fourth quarter. Point72 Asset Management L.P. now owns 2,676 shares of the real estate investment trust's stock valued at $100,000 after acquiring an additional 376 shares in the last quarter. Ameriprise Financial Inc. increased its stake in shares of 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 worth $5,761,000 after purchasing an additional 526 shares during the last quarter. Barclays PLC increased its stake in shares of Universal Health Realty Income Trust by 3.8% during the 4th quarter. Barclays PLC now owns 23,713 shares of the real estate investment trust's stock worth $881,000 after purchasing an additional 861 shares during the last quarter. Price T Rowe Associates Inc. MD raised its holdings 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 valued at $859,000 after purchasing an additional 925 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. lifted its stake in shares of Universal Health Realty Income Trust by 6.4% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 16,620 shares of the real estate investment trust's stock valued at $618,000 after purchasing an additional 1,000 shares during the last quarter. 64.66% of the stock is currently owned by hedge funds and other institutional investors.

Universal Health Realty Income Trust Trading Down 0.9%

Shares of NYSE:UHT opened at $41.27 on Friday. The company has a current ratio of 8.49, a quick ratio of 8.49 and a debt-to-equity ratio of 2.14. The stock has a market capitalization of $571.62 million, a PE ratio of 30.57 and a beta of 0.92. Universal Health Realty Income Trust has a 1 year low of $34.56 and a 1 year high of $47.30. The firm has a fifty day moving average price of $40.44 and a 200 day moving average price of $39.56.

Universal Health Realty Income Trust (NYSE:UHT - Get Free Report) last announced its quarterly earnings results on Monday, April 28th. The real estate investment trust reported $0.86 earnings per share 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 announced a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Monday, June 23rd were issued a $0.74 dividend. This is a positive change from Universal Health Realty Income Trust's previous quarterly dividend of $0.74. This represents a $2.96 annualized dividend and a yield of 7.17%. The ex-dividend date was Monday, June 23rd. Universal Health Realty Income Trust's payout ratio is 219.26%.

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.

Want to see what other hedge funds are holding UHT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Universal Health Realty Income Trust (NYSE:UHT - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.