Charles Schwab Investment Management Inc. Acquires 2,178 Shares of Universal Health Realty Income Trust (NYSE:UHT)

Charles Schwab Investment Management Inc. lifted its position in Universal Health Realty Income Trust (NYSE:UHT) by 1.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 118,523 shares of the real estate investment trust’s stock after purchasing an additional 2,178 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.86% of Universal Health Realty Income Trust worth $5,422,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in UHT. Bank of New York Mellon Corp boosted its position in shares of Universal Health Realty Income Trust by 2.7% during 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 buying an additional 6,502 shares during the period. Deerfield Management Company L.P. Series C acquired a new position in shares of Universal Health Realty Income Trust during the second quarter worth $541,000. Farther Finance Advisors LLC increased its position in shares of Universal Health Realty Income Trust by 6,990.0% during the third quarter. Farther Finance Advisors LLC now owns 709 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 699 shares in the last quarter. ProShare Advisors LLC increased its position 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 purchasing an additional 136,308 shares in the last quarter. Finally, Creative Planning increased its position in shares of Universal Health Realty Income Trust by 12.7% during the third quarter. Creative Planning now owns 10,661 shares of the real estate investment trust’s stock worth $488,000 after purchasing an additional 1,205 shares in the last quarter. 64.66% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of 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 Price Performance

UHT stock opened at $40.73 on Friday. The firm has a market cap of $564.11 million, a PE ratio of 31.09 and a beta of 0.84. 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 firm’s 50 day moving average price is $41.31 and its 200-day moving average price is $41.63. Universal Health Realty Income Trust has a one year low of $32.27 and a one year high of $47.30.

Universal Health Realty Income Trust Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th will be paid a $0.735 dividend. This is an increase from Universal Health Realty Income Trust’s previous quarterly dividend of $0.73. The ex-dividend date is Monday, December 16th. This represents a $2.94 annualized dividend and a dividend yield of 7.22%. Universal Health Realty Income Trust’s payout ratio is 224.43%.

Universal Health Realty Income Trust Company 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.