State of Alaska Department of Revenue Raises Stock Position in Universal Health Realty Income Trust $UHT

State of Alaska Department of Revenue lifted its position in Universal Health Realty Income Trust (NYSE:UHT) by 4.2% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 13,790 shares of the real estate investment trust’s stock after buying an additional 560 shares during the period. State of Alaska Department of Revenue owned approximately 0.10% of Universal Health Realty Income Trust worth $549,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. GAMMA Investing LLC boosted its stake in Universal Health Realty Income Trust by 7,347.1% in the 1st quarter. GAMMA Investing LLC now owns 18,022 shares of the real estate investment trust’s stock worth $738,000 after purchasing an additional 17,780 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in Universal Health Realty Income Trust by 27.3% in the 1st quarter. Bank of New York Mellon Corp now owns 427,804 shares of the real estate investment trust’s stock worth $17,523,000 after purchasing an additional 91,621 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in Universal Health Realty Income Trust by 29.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 95,865 shares of the real estate investment trust’s stock worth $3,927,000 after purchasing an additional 21,708 shares in the last quarter. Principal Financial Group Inc. boosted its stake in Universal Health Realty Income Trust by 2.2% in the 1st quarter. Principal Financial Group Inc. now owns 68,773 shares of the real estate investment trust’s stock worth $2,817,000 after purchasing an additional 1,484 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Universal Health Realty Income Trust by 7.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 345,520 shares of the real estate investment trust’s stock worth $14,152,000 after purchasing an additional 24,188 shares in the last quarter. 64.66% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Universal Health Realty Income Trust in a research note on Wednesday. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Universal Health Realty Income Trust Price Performance

NYSE:UHT opened at $36.75 on Thursday. The company has a debt-to-equity ratio of 2.26, a current ratio of 7.25 and a quick ratio of 7.25. The firm has a market cap of $509.92 million, a price-to-earnings ratio of 28.49 and a beta of 0.98. The company has a 50 day moving average price of $39.67 and a 200-day moving average price of $39.70. Universal Health Realty Income Trust has a 1-year low of $34.56 and a 1-year high of $43.45.

Universal Health Realty Income Trust (NYSE:UHT) last posted its earnings results on Monday, July 28th. The real estate investment trust reported $0.85 earnings per share for the quarter. The firm had revenue of $24.87 million during the quarter. Universal Health Realty Income Trust had a net margin of 18.19% and a return on equity of 10.27%.

Universal Health Realty Income Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 22nd were issued a $0.74 dividend. This represents a $2.96 annualized dividend and a yield of 8.1%. The ex-dividend date of this dividend was Monday, September 22nd. Universal Health Realty Income Trust’s 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.