Universal Health Realty Income Trust (NYSE:UHT) Sees Significant Increase in Short Interest

Universal Health Realty Income Trust (NYSE:UHT - Get Free Report) was the recipient of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 401,500 shares, an increase of 163.3% from the February 29th total of 152,500 shares. Based on an average trading volume of 92,700 shares, the days-to-cover ratio is currently 4.3 days. Currently, 3.0% of the shares of the company are sold short.

Institutional Investors Weigh In On Universal Health Realty Income Trust

Several large investors have recently made changes to their positions in UHT. State of Tennessee Treasury Department boosted its holdings in shares of Universal Health Realty Income Trust by 2.1% in the fourth quarter. State of Tennessee Treasury Department now owns 9,364 shares of the real estate investment trust's stock valued at $447,000 after acquiring an additional 193 shares in the last quarter. Harbour Investments Inc. boosted its holdings in shares of Universal Health Realty Income Trust by 57.1% in the fourth quarter. Harbour Investments Inc. now owns 550 shares of the real estate investment trust's stock valued at $26,000 after acquiring an additional 200 shares in the last quarter. Rhumbline Advisers boosted its holdings in shares of Universal Health Realty Income Trust by 0.7% in the second quarter. Rhumbline Advisers now owns 28,689 shares of the real estate investment trust's stock valued at $1,527,000 after acquiring an additional 201 shares in the last quarter. Advisor Group Holdings Inc. boosted its holdings in shares of Universal Health Realty Income Trust by 3.7% in the first quarter. Advisor Group Holdings Inc. now owns 5,620 shares of the real estate investment trust's stock valued at $386,000 after acquiring an additional 203 shares in the last quarter. Finally, Penserra Capital Management LLC boosted its holdings in shares of Universal Health Realty Income Trust by 3.6% in the fourth quarter. Penserra Capital Management LLC now owns 6,551 shares of the real estate investment trust's stock valued at $312,000 after acquiring an additional 226 shares in the last quarter. Institutional investors and hedge funds own 64.66% of the company's stock.

Universal Health Realty Income Trust Stock Performance

UHT traded up $0.05 on Thursday, hitting $36.71. 88,470 shares of the company's stock were exchanged, compared to its average volume of 97,552. The firm has a market cap of $507.33 million, a PE ratio of 32.96 and a beta of 0.79. Universal Health Realty Income Trust has a twelve month low of $34.85 and a twelve month high of $49.64. The stock has a fifty day moving average of $39.19 and a two-hundred day moving average of $40.56. The company has a current ratio of 7.57, a quick ratio of 7.57 and a debt-to-equity ratio of 1.79.

Universal Health Realty Income Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 29th. Shareholders of record on Monday, March 18th will be paid a $0.725 dividend. The ex-dividend date of this dividend is Friday, March 15th. This represents a $2.90 annualized dividend and a dividend yield of 7.90%. Universal Health Realty Income Trust's payout ratio is currently 261.26%.

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.