Alliancebernstein L.P. Lowers Holdings in Universal Health Realty Income Trust (NYSE:UHT)

Alliancebernstein L.P. lowered its holdings in Universal Health Realty Income Trust (NYSE:UHT) by 7.3% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 14,489 shares of the real estate investment trust’s stock after selling 1,149 shares during the period. Alliancebernstein L.P. owned approximately 0.10% of Universal Health Realty Income Trust worth $539,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the business. Bank of New York Mellon Corp boosted its position in shares of Universal Health Realty Income Trust by 42.5% during the 4th quarter. Bank of New York Mellon Corp now owns 336,183 shares of the real estate investment trust’s stock worth $12,509,000 after acquiring an additional 100,325 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Universal Health Realty Income Trust by 64.9% in the third quarter. JPMorgan Chase & Co. now owns 81,834 shares of the real estate investment trust’s stock valued at $3,744,000 after purchasing an additional 32,216 shares in the last quarter. Jane Street Group LLC boosted its holdings in Universal Health Realty Income Trust by 45.9% in the third quarter. Jane Street Group LLC now owns 62,346 shares of the real estate investment trust’s stock valued at $2,852,000 after purchasing an additional 19,614 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in Universal Health Realty Income Trust during the fourth quarter worth approximately $691,000. Finally, Barclays PLC lifted its position in shares of Universal Health Realty Income Trust by 392.1% during the 3rd quarter. Barclays PLC now owns 22,852 shares of the real estate investment trust’s stock worth $1,045,000 after buying an additional 18,208 shares during the last quarter. 64.66% of the stock is currently owned by institutional investors and hedge funds.

Universal Health Realty Income Trust Price Performance

UHT stock opened at $38.38 on Monday. The company has a current ratio of 6.65, a quick ratio of 6.65 and a debt-to-equity ratio of 2.02. The company has a market capitalization of $531.60 million, a P/E ratio of 29.30 and a beta of 0.85. The business has a 50 day simple moving average of $39.69 and a 200-day simple moving average of $39.66. Universal Health Realty Income Trust has a twelve month low of $33.08 and a twelve month high of $47.30.

Universal Health Realty Income Trust (NYSE:UHT) last posted its quarterly earnings data on Wednesday, February 26th. The real estate investment trust reported $0.85 EPS for the quarter. The firm had revenue of $24.64 million during the quarter. Universal Health Realty Income Trust had a return on equity of 9.44% and a net margin of 18.41%.

Universal Health Realty Income Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 24th were paid a dividend of $0.735 per share. The ex-dividend date of this dividend was Monday, March 24th. This represents a $2.94 dividend on an annualized basis and a dividend yield of 7.66%. Universal Health Realty Income Trust’s dividend payout ratio (DPR) is presently 211.51%.

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.