Bank of New York Mellon Corp Boosts Stake in Universal Health Realty Income Trust (NYSE:UHT)

Bank of New York Mellon Corp increased its stake in shares of Universal Health Realty Income Trust (NYSE:UHT) by 27.3% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 427,804 shares of the real estate investment trust’s stock after purchasing an additional 91,621 shares during the period. Bank of New York Mellon Corp owned 3.09% of Universal Health Realty Income Trust worth $17,523,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the stock. Point72 Asset Management L.P. raised its holdings in Universal Health Realty Income Trust by 16.3% in the 4th quarter. Point72 Asset Management L.P. now owns 2,676 shares of the real estate investment trust’s stock valued at $100,000 after acquiring an additional 376 shares during the last quarter. Ameriprise Financial Inc. boosted its position in Universal Health Realty Income Trust by 0.3% in the 4th 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. Barclays PLC boosted its position in Universal Health Realty Income Trust by 3.8% in the 4th quarter. Barclays PLC now owns 23,713 shares of the real estate investment trust’s stock valued at $881,000 after buying an additional 861 shares during the period. Price T Rowe Associates Inc. MD raised its holdings in shares of Universal Health Realty Income Trust by 4.2% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 23,066 shares of the real estate investment trust’s stock valued at $859,000 after purchasing an additional 925 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. raised its holdings in shares of 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 valued at $618,000 after purchasing an additional 1,000 shares in the last quarter. Institutional investors and hedge funds own 64.66% of the company’s stock.

Universal Health Realty Income Trust Price Performance

Shares of NYSE:UHT opened at $40.47 on Friday. The company has a debt-to-equity ratio of 2.14, a current ratio of 8.49 and a quick ratio of 8.49. The firm has a market capitalization of $560.51 million, a P/E ratio of 29.98 and a beta of 0.92. Universal Health Realty Income Trust has a 12 month low of $34.56 and a 12 month high of $47.30. The company’s fifty day moving average price is $40.21 and its 200 day moving average price is $39.37.

Universal Health Realty Income Trust (NYSE:UHT) last issued 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 for the quarter. Universal Health Realty Income Trust had a net margin of 19.01% and a return on equity of 10.34%.

Universal Health Realty Income Trust Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Monday, June 23rd were issued a $0.74 dividend. This represents a $2.96 annualized dividend and a dividend yield of 7.31%. The ex-dividend date was Monday, June 23rd. This is an increase from Universal Health Realty Income Trust’s previous quarterly dividend of $0.74. Universal Health Realty Income Trust’s dividend payout ratio is 219.26%.

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.