Universal Health Realty Income Trust (NYSE:UHT - Get Free Report) announced a quarterly dividend on Thursday, June 12th, Wall Street Journal reports. Stockholders of record on Monday, June 23rd will be given a dividend of 0.74 per share by the real estate investment trust on Monday, June 30th. This represents a $2.96 annualized dividend and a dividend yield of 7.28%. The ex-dividend date of this dividend is Monday, June 23rd. This is a 0.7% increase from Universal Health Realty Income Trust's previous quarterly dividend of $0.74.
Universal Health Realty Income Trust Trading Down 1.2%
Shares of UHT traded down $0.48 during midday trading on Friday, hitting $40.69. The stock had a trading volume of 8,371 shares, compared to its average volume of 62,932. The business has a 50-day simple moving average of $38.84 and a two-hundred day simple moving average of $39.10. The firm has a market cap of $563.54 million, a P/E ratio of 31.05 and a beta of 0.92. Universal Health Realty Income Trust has a fifty-two week low of $34.56 and a fifty-two week high of $47.30. The company has a current ratio of 6.65, a quick ratio of 6.65 and a debt-to-equity ratio of 2.02.
Universal Health Realty Income Trust (NYSE:UHT - Get Free Report) last released its earnings results on Monday, April 28th. The real estate investment trust reported $0.86 earnings per share (EPS) for the quarter. Universal Health Realty Income Trust had a return on equity of 9.44% and a net margin of 18.41%. The company had revenue of $24.55 million during the quarter.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of the business. Strs Ohio bought a new position in Universal Health Realty Income Trust during the first quarter valued at about $102,000. Jane Street Group LLC increased its position in Universal Health Realty Income Trust by 41.4% in the 1st quarter. Jane Street Group LLC now owns 24,493 shares of the real estate investment trust's stock worth $1,003,000 after buying an additional 7,175 shares during the period. AQR Capital Management LLC increased its position in Universal Health Realty Income Trust by 4.7% in the 1st quarter. AQR Capital Management LLC now owns 24,789 shares of the real estate investment trust's stock worth $1,015,000 after buying an additional 1,120 shares during the period. Finally, Goldman Sachs Group Inc. raised its holdings in Universal Health Realty Income Trust by 29.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 95,865 shares of the real estate investment trust's stock valued at $3,927,000 after acquiring an additional 21,708 shares in the last quarter. Institutional investors and hedge funds own 64.66% of the company's stock.
About Universal Health Realty Income Trust
(
Get 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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