Universal Health Realty Income Trust (NYSE:UHT - Get Free Report) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 92,400 shares, an increase of 59.6% from the September 30th total of 57,900 shares. Approximately 0.7% of the shares of the stock are short sold. Based on an average daily volume of 56,700 shares, the days-to-cover ratio is presently 1.6 days.
Analyst Upgrades and Downgrades
Separately, StockNews.com raised shares of Universal Health Realty Income Trust from a "hold" rating to a "buy" rating in a research note on Friday.
Read Our Latest Stock Analysis on Universal Health Realty Income Trust
Institutional Investors Weigh In On Universal Health Realty Income Trust
A number of hedge funds have recently modified their holdings of UHT. Susquehanna Fundamental Investments LLC purchased a new stake in Universal Health Realty Income Trust in the first quarter valued at $581,000. Bank of New York Mellon Corp raised its holdings in Universal Health Realty Income Trust by 2.7% in the 2nd 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 buying an additional 6,502 shares during the period. Deerfield Management Company L.P. Series C acquired a new position in Universal Health Realty Income Trust in the second quarter valued at about $541,000. ProShare Advisors LLC lifted its position in Universal Health Realty Income Trust by 69.4% in the second quarter. ProShare Advisors LLC now owns 332,728 shares of the real estate investment trust's stock valued at $13,023,000 after buying an additional 136,308 shares during the last quarter. Finally, AQR Capital Management LLC purchased a new position in Universal Health Realty Income Trust during the second quarter worth about $729,000. Hedge funds and other institutional investors own 64.66% of the company's stock.
Universal Health Realty Income Trust Price Performance
UHT stock traded down $0.91 during mid-day trading on Friday, reaching $40.36. The company's stock had a trading volume of 45,813 shares, compared to its average volume of 74,360. The stock has a market cap of $558.99 million, a PE ratio of 31.05 and a beta of 0.82. The company's 50 day moving average is $43.99 and its two-hundred day moving average is $40.44. Universal Health Realty Income Trust has a fifty-two week low of $32.27 and a fifty-two week high of $47.30. The company has a current ratio of 7.93, a quick ratio of 7.93 and a debt-to-equity ratio of 1.90.
Universal Health Realty Income Trust Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, September 16th were issued a dividend of $0.73 per share. The ex-dividend date was Monday, September 16th. This represents a $2.92 annualized dividend and a dividend yield of 7.23%. Universal Health Realty Income Trust's dividend payout ratio is presently 224.62%.
Universal Health Realty Income Trust Company Profile
(
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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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