New York State Teachers Retirement System reduced its stake in Universal Health Realty Income Trust (NYSE:UHT – Free Report) by 3.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,656 shares of the real estate investment trust’s stock after selling 919 shares during the quarter. New York State Teachers Retirement System owned about 0.16% of Universal Health Realty Income Trust worth $1,037,000 at the end of the most recent quarter.
A number of other large investors have also made changes to their positions in UHT. CANADA LIFE ASSURANCE Co lifted its holdings in Universal Health Realty Income Trust by 1.3% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 25,236 shares of the real estate investment trust’s stock valued at $926,000 after purchasing an additional 336 shares in the last quarter. Illinois Municipal Retirement Fund raised its position in shares of Universal Health Realty Income Trust by 5.4% in the first quarter. Illinois Municipal Retirement Fund now owns 7,404 shares of the real estate investment trust’s stock valued at $272,000 after buying an additional 382 shares during the last quarter. DekaBank Deutsche Girozentrale purchased a new position in shares of Universal Health Realty Income Trust during the second quarter valued at approximately $34,000. Point72 Asset Management L.P. boosted its position in Universal Health Realty Income Trust by 71.1% during the second quarter. Point72 Asset Management L.P. now owns 2,395 shares of the real estate investment trust’s stock worth $94,000 after acquiring an additional 995 shares during the last quarter. Finally, Rhumbline Advisers grew its stake in Universal Health Realty Income Trust by 3.1% in the 2nd quarter. Rhumbline Advisers now owns 33,370 shares of the real estate investment trust’s stock worth $1,306,000 after acquiring an additional 1,014 shares during the period. Institutional investors and hedge funds own 64.66% of the company’s stock.
Analyst Ratings Changes
Separately, StockNews.com lowered Universal Health Realty Income Trust from a “buy” rating to a “hold” rating in a research note on Saturday, November 2nd.
Universal Health Realty Income Trust Stock Performance
NYSE UHT opened at $42.55 on Friday. The business’s 50-day moving average price is $43.29 and its 200 day moving average price is $40.90. The company has a current ratio of 6.65, a quick ratio of 7.93 and a debt-to-equity ratio of 2.02. Universal Health Realty Income Trust has a twelve month low of $32.27 and a twelve month high of $47.30. The company has a market capitalization of $589.27 million, a PE ratio of 32.48 and a beta of 0.83.
Universal Health Realty Income Trust Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Monday, September 16th were given a $0.73 dividend. The ex-dividend date was Monday, September 16th. This represents a $2.92 annualized dividend and a dividend yield of 6.86%. Universal Health Realty Income Trust’s dividend payout ratio is presently 222.90%.
Universal Health Realty Income Trust Profile
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.
Read More
- Five stocks we like better than Universal Health Realty Income Trust
- Bank Stocks – Best Bank Stocks to Invest In
- Airbnb Stock Attracts Attention With Strong Cash Flow Strategy
- How Can Investors Benefit From After-Hours Trading
- MarketBeat Week in Review – 11/4 – 11/8
- How to Know Which Cryptocurrency to Buy: A Guide for Investors
- Trump’s Return: Which Sectors Will Benefit Most?
Want to see what other hedge funds are holding UHT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Universal Health Realty Income Trust (NYSE:UHT – Free Report).
Receive News & Ratings for Universal Health Realty Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Universal Health Realty Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.