Wells Fargo & Company MN trimmed its holdings in Universal Health Realty Income Trust (NYSE:UHT – Free Report) by 28.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,651 shares of the real estate investment trust’s stock after selling 5,685 shares during the quarter. Wells Fargo & Company MN owned approximately 0.11% of Universal Health Realty Income Trust worth $545,000 as of its most recent SEC filing.
A number of other institutional investors have also added to or reduced their stakes in UHT. Illinois Municipal Retirement Fund boosted its position in shares of Universal Health Realty Income Trust by 5.0% during the fourth quarter. Illinois Municipal Retirement Fund now owns 7,108 shares of the real estate investment trust’s stock worth $264,000 after acquiring an additional 341 shares during the last quarter. Nomura Asset Management Co. Ltd. lifted its stake in Universal Health Realty Income Trust by 6.4% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 16,620 shares of the real estate investment trust’s stock worth $618,000 after purchasing an additional 1,000 shares in the last quarter. Tocqueville Asset Management L.P. boosted its holdings in shares of Universal Health Realty Income Trust by 8.4% during the 4th quarter. Tocqueville Asset Management L.P. now owns 12,900 shares of the real estate investment trust’s stock valued at $480,000 after purchasing an additional 1,000 shares during the last quarter. Ieq Capital LLC grew its position in shares of Universal Health Realty Income Trust by 8.3% during the fourth quarter. Ieq Capital LLC now owns 13,218 shares of the real estate investment trust’s stock valued at $492,000 after purchasing an additional 1,009 shares in the last quarter. Finally, Midwest Professional Planners LTD. grew its position in shares of Universal Health Realty Income Trust by 12.3% during the fourth quarter. Midwest Professional Planners LTD. now owns 12,385 shares of the real estate investment trust’s stock valued at $461,000 after purchasing an additional 1,355 shares in the last quarter. 64.66% of the stock is owned by hedge funds and other institutional investors.
Universal Health Realty Income Trust Price Performance
NYSE:UHT opened at $39.21 on Friday. The business’s 50-day moving average is $39.58 and its 200 day moving average is $39.44. Universal Health Realty Income Trust has a 12 month low of $34.56 and a 12 month high of $47.30. The company has a market capitalization of $543.10 million, a P/E ratio of 29.93 and a beta of 0.85. The company has a current ratio of 6.65, a quick ratio of 6.65 and a debt-to-equity ratio of 2.02.
Universal Health Realty Income Trust Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 24th were paid a $0.735 dividend. 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 7.50%. Universal Health Realty Income Trust’s payout ratio is currently 217.78%.
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.
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