Universal Health Realty Income Trust (NYSE:UHT) Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. increased its position in Universal Health Realty Income Trust (NYSE:UHT - Free Report) by 64.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 81,834 shares of the real estate investment trust's stock after buying an additional 32,216 shares during the quarter. JPMorgan Chase & Co. owned 0.59% of Universal Health Realty Income Trust worth $3,744,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of UHT. Rhumbline Advisers boosted its position in Universal Health Realty Income Trust by 3.1% in the second quarter. Rhumbline Advisers now owns 33,370 shares of the real estate investment trust's stock worth $1,306,000 after purchasing an additional 1,014 shares during the last quarter. Texas Permanent School Fund Corp lifted its holdings in Universal Health Realty Income Trust by 26.7% during the 2nd quarter. Texas Permanent School Fund Corp now owns 13,963 shares of the real estate investment trust's stock valued at $547,000 after buying an additional 2,939 shares in the last quarter. DekaBank Deutsche Girozentrale bought a new stake in Universal Health Realty Income Trust during the 2nd quarter valued at $34,000. Dimensional Fund Advisors LP lifted its stake in Universal Health Realty Income Trust by 2.4% in the second quarter. Dimensional Fund Advisors LP now owns 192,773 shares of the real estate investment trust's stock worth $7,545,000 after acquiring an additional 4,474 shares during the period. Finally, ProShare Advisors LLC lifted its holdings in 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 period. Institutional investors own 64.66% of the company's stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded Universal Health Realty Income Trust from a "buy" rating to a "hold" rating in a research report on Saturday, November 2nd.

Universal Health Realty Income Trust Price Performance

Shares of UHT traded down $0.45 during trading hours on Friday, hitting $37.21. 62,596 shares of the stock were exchanged, compared to its average volume of 68,386. The company has a debt-to-equity ratio of 2.02, a quick ratio of 6.65 and a current ratio of 6.65. The stock's 50-day moving average price is $39.00 and its two-hundred day moving average price is $41.41. 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 market cap of $515.41 million, a price-to-earnings ratio of 28.41 and a beta of 0.86.

Universal Health Realty Income Trust Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 16th were issued a $0.735 dividend. The ex-dividend date was Monday, December 16th. This is a positive change 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 yield of 7.90%. Universal Health Realty Income Trust's dividend payout ratio (DPR) is 224.43%.

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.