Nuveen LLC purchased a new stake in Universal Health Realty Income Trust (NYSE:UHT – Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 31,439 shares of the real estate investment trust’s stock, valued at approximately $1,288,000. Nuveen LLC owned approximately 0.23% of Universal Health Realty Income Trust as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently modified their holdings of the business. Bank of New York Mellon Corp increased its position in shares of Universal Health Realty Income Trust by 27.3% during the 1st quarter. Bank of New York Mellon Corp now owns 427,804 shares of the real estate investment trust’s stock valued at $17,523,000 after purchasing an additional 91,621 shares during the last quarter. Invesco Ltd. increased its position in shares of Universal Health Realty Income Trust by 53.9% during the 1st quarter. Invesco Ltd. now owns 141,698 shares of the real estate investment trust’s stock valued at $5,804,000 after purchasing an additional 49,644 shares during the last quarter. Exchange Traded Concepts LLC bought a new position in shares of Universal Health Realty Income Trust during the 1st quarter valued at about $790,000. Raymond James Financial Inc. bought a new position in shares of Universal Health Realty Income Trust during the 4th quarter valued at about $691,000. Finally, GAMMA Investing LLC increased its position in shares of Universal Health Realty Income Trust by 7,347.1% during the 1st quarter. GAMMA Investing LLC now owns 18,022 shares of the real estate investment trust’s stock valued at $738,000 after purchasing an additional 17,780 shares during the last quarter. Hedge funds and other institutional investors own 64.66% of the company’s stock.
Universal Health Realty Income Trust Price Performance
UHT opened at $40.56 on Monday. The stock’s 50 day simple moving average is $40.14 and its 200 day simple moving average is $39.78. The company has a debt-to-equity ratio of 2.26, a current ratio of 7.25 and a quick ratio of 7.25. Universal Health Realty Income Trust has a 1 year low of $34.56 and a 1 year high of $47.30. The firm has a market cap of $562.50 million, a price-to-earnings ratio of 31.44 and a beta of 1.02.
Universal Health Realty Income Trust Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Monday, June 23rd were given a dividend of $0.74 per share. This is a boost from Universal Health Realty Income Trust’s previous quarterly dividend of $0.74. This represents a $2.96 annualized dividend and a dividend yield of 7.3%. The ex-dividend date was Monday, June 23rd. Universal Health Realty Income Trust’s dividend payout ratio is presently 229.46%.
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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