Dean Investment Associates LLC lifted its holdings in Universal Health Realty Income Trust (NYSE:UHT - Free Report) by 42.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 92,880 shares of the real estate investment trust's stock after purchasing an additional 27,871 shares during the period. Dean Investment Associates LLC owned 0.67% of Universal Health Realty Income Trust worth $4,249,000 at the end of the most recent reporting period.
A number of other large investors have also recently bought and sold shares of UHT. Bank of New York Mellon Corp grew its position in shares of Universal Health Realty Income Trust by 2.7% in the second quarter. Bank of New York Mellon Corp now owns 243,615 shares of the real estate investment trust's stock valued at $9,535,000 after purchasing an additional 6,502 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in Universal Health Realty Income Trust by 6,990.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 709 shares of the real estate investment trust's stock valued at $32,000 after purchasing an additional 699 shares during the period. Deerfield Management Company L.P. Series C acquired a new stake in Universal Health Realty Income Trust in the 2nd quarter valued at approximately $541,000. ProShare Advisors LLC lifted its holdings in shares of Universal Health Realty Income Trust by 69.4% during the second quarter. ProShare Advisors LLC now owns 332,728 shares of the real estate investment trust's stock worth $13,023,000 after buying an additional 136,308 shares during the last quarter. Finally, Algert Global LLC lifted its holdings in shares of Universal Health Realty Income Trust by 188.0% during the third quarter. Algert Global LLC now owns 20,345 shares of the real estate investment trust's stock worth $931,000 after buying an additional 13,280 shares during the last quarter. 64.66% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
Separately, StockNews.com lowered shares of Universal Health Realty Income Trust from a "buy" rating to a "hold" rating in a research report on Saturday, November 2nd.
View Our Latest Stock Analysis on UHT
Universal Health Realty Income Trust Stock Performance
Shares of NYSE UHT traded down $0.08 during mid-day trading on Friday, hitting $40.21. The company had a trading volume of 61,712 shares, compared to its average volume of 57,797. Universal Health Realty Income Trust has a 12 month low of $32.27 and a 12 month high of $47.30. The company has a debt-to-equity ratio of 2.02, a current ratio of 6.65 and a quick ratio of 6.65. The firm has a market cap of $556.91 million, a P/E ratio of 30.69 and a beta of 0.84. The business's 50-day simple moving average is $41.61 and its 200-day simple moving average is $41.58.
Universal Health Realty Income Trust Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be given a dividend of $0.735 per share. The ex-dividend date of this dividend is Monday, December 16th. This is a boost from Universal Health Realty Income Trust's previous quarterly dividend of $0.73. This represents a $2.94 dividend on an annualized basis and a dividend yield of 7.31%. Universal Health Realty Income Trust's payout ratio is currently 222.90%.
Universal Health Realty Income Trust Profile
(
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.
Featured Articles
Before you consider Universal Health Realty Income Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Universal Health Realty Income Trust wasn't on the list.
While Universal Health Realty Income Trust currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.