Bank of America Corp DE Lowers Stock Holdings in Universal Health Realty Income Trust (NYSE:UHT)

Bank of America Corp DE trimmed its holdings in shares of Universal Health Realty Income Trust (NYSE:UHT) by 7.9% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 52,074 shares of the real estate investment trust’s stock after selling 4,465 shares during the period. Bank of America Corp DE owned approximately 0.38% of Universal Health Realty Income Trust worth $1,938,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. KLP Kapitalforvaltning AS purchased a new position in Universal Health Realty Income Trust in the 4th quarter worth approximately $100,000. Resona Asset Management Co. Ltd. purchased a new stake in Universal Health Realty Income Trust during the 4th quarter valued at $181,000. Illinois Municipal Retirement Fund raised its stake in Universal Health Realty Income Trust by 5.0% during the 4th quarter. Illinois Municipal Retirement Fund now owns 7,108 shares of the real estate investment trust’s stock valued at $264,000 after buying an additional 341 shares during the last quarter. Martingale Asset Management L P purchased a new stake in Universal Health Realty Income Trust during the 4th quarter valued at $348,000. Finally, Thrivent Financial for Lutherans raised its stake in Universal Health Realty Income Trust by 16.1% during the 4th quarter. Thrivent Financial for Lutherans now owns 11,613 shares of the real estate investment trust’s stock valued at $432,000 after buying an additional 1,608 shares during the last quarter. 64.66% of the stock is currently owned by hedge funds and other institutional investors.

Universal Health Realty Income Trust Price Performance

Shares of UHT opened at $40.71 on Wednesday. The firm has a market cap of $563.86 million, a PE ratio of 31.08 and a beta of 0.88. 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 firm has a fifty day simple moving average of $38.80 and a two-hundred day simple moving average of $39.09. Universal Health Realty Income Trust has a 1-year low of $34.56 and a 1-year high of $47.30.

Universal Health Realty Income Trust (NYSE:UHT) last announced its earnings results on Monday, April 28th. The real estate investment trust reported $0.86 earnings per share for the quarter. The business had revenue of $24.55 million during the quarter. Universal Health Realty Income Trust had a net margin of 18.41% and a return on equity of 9.44%.

Universal Health Realty Income Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 24th were given a dividend of $0.735 per share. This represents a $2.94 dividend on an annualized basis and a dividend yield of 7.22%. The ex-dividend date was Monday, March 24th. Universal Health Realty Income Trust’s payout ratio is 217.78%.

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.