Principal Financial Group Inc. Increases Stake in Universal Health Realty Income Trust (NYSE:UHT)

Principal Financial Group Inc. raised its stake in Universal Health Realty Income Trust (NYSE:UHT) by 2.2% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 68,773 shares of the real estate investment trust’s stock after purchasing an additional 1,484 shares during the quarter. Principal Financial Group Inc. owned 0.50% of Universal Health Realty Income Trust worth $2,817,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in UHT. Charles Schwab Investment Management Inc. grew its stake in shares of Universal Health Realty Income Trust by 1.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 120,764 shares of the real estate investment trust’s stock worth $4,494,000 after purchasing an additional 2,241 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in Universal Health Realty Income Trust in the 4th quarter worth approximately $691,000. Thrivent Financial for Lutherans grew its position in shares of Universal Health Realty Income Trust by 16.1% in the 4th quarter. Thrivent Financial for Lutherans now owns 11,613 shares of the real estate investment trust’s stock worth $432,000 after buying an additional 1,608 shares during the last quarter. KLP Kapitalforvaltning AS purchased a new position in shares of Universal Health Realty Income Trust during the fourth quarter valued at approximately $100,000. Finally, JPMorgan Chase & Co. increased its stake in shares of Universal Health Realty Income Trust by 39.3% during the fourth quarter. JPMorgan Chase & Co. now owns 113,962 shares of the real estate investment trust’s stock valued at $4,241,000 after buying an additional 32,128 shares during the period. Hedge funds and other institutional investors own 64.66% of the company’s stock.

Universal Health Realty Income Trust Stock Performance

Shares of UHT stock opened at $40.47 on Friday. The firm has a market capitalization of $560.51 million, a price-to-earnings ratio of 29.98 and a beta of 0.92. The stock has a fifty day moving average of $40.21 and a 200 day moving average of $39.37. Universal Health Realty Income Trust has a 52 week low of $34.56 and a 52 week high of $47.30. The company has a quick ratio of 8.49, a current ratio of 8.49 and a debt-to-equity ratio of 2.14.

Universal Health Realty Income Trust (NYSE:UHT) last issued its quarterly earnings data on Monday, April 28th. The real estate investment trust reported $0.86 EPS for the quarter. The business had revenue of $24.55 million during 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 business also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Monday, June 23rd were issued a $0.74 dividend. The ex-dividend date of this dividend was Monday, June 23rd. This is a positive change from Universal Health Realty Income Trust’s previous quarterly dividend of $0.74. This represents a $2.96 annualized dividend and a yield of 7.31%. Universal Health Realty Income Trust’s dividend payout ratio (DPR) is 219.26%.

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.