Millennium Management LLC reduced its position in shares of Universal Health Realty Income Trust (NYSE:UHT – Free Report) by 36.8% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 68,986 shares of the real estate investment trust’s stock after selling 40,245 shares during the quarter. Millennium Management LLC owned about 0.50% of Universal Health Realty Income Trust worth $2,567,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Universal Health Realty Income Trust by 5.3% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 321,332 shares of the real estate investment trust’s stock valued at $11,957,000 after purchasing an additional 16,292 shares in the last quarter. Deutsche Bank AG grew its position in shares of Universal Health Realty Income Trust by 16.5% in the fourth quarter. Deutsche Bank AG now owns 8,705 shares of the real estate investment trust’s stock valued at $324,000 after purchasing an additional 1,233 shares during the last quarter. D. E. Shaw & Co. Inc. grew its position in shares of Universal Health Realty Income Trust by 67.0% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 11,715 shares of the real estate investment trust’s stock valued at $436,000 after purchasing an additional 4,699 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in shares of Universal Health Realty Income Trust by 0.3% in the fourth quarter. Ameriprise Financial Inc. now owns 154,836 shares of the real estate investment trust’s stock valued at $5,761,000 after buying an additional 526 shares during the period. Finally, Algert Global LLC lifted its stake in Universal Health Realty Income Trust by 5.9% during the fourth quarter. Algert Global LLC now owns 21,542 shares of the real estate investment trust’s stock worth $802,000 after purchasing an additional 1,197 shares during the period. Institutional investors and hedge funds own 64.66% of the company’s stock.
Universal Health Realty Income Trust Stock Up 0.7%
Shares of UHT opened at $39.73 on Friday. The stock has a market cap of $550.30 million, a price-to-earnings ratio of 30.33 and a beta of 0.88. The company has a quick ratio of 6.65, a current ratio of 6.65 and a debt-to-equity ratio of 2.02. 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 50-day moving average price of $38.79 and a two-hundred day moving average price of $39.10.
Universal Health Realty Income Trust Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 24th were issued a $0.735 dividend. This represents a $2.94 dividend on an annualized basis and a dividend yield of 7.40%. The ex-dividend date was Monday, March 24th. Universal Health Realty Income Trust’s dividend payout ratio is currently 217.78%.
About Universal Health Realty Income Trust
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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