Nisa Investment Advisors LLC Sells 2,014 Shares of Universal Health Realty Income Trust $UHT

Nisa Investment Advisors LLC lowered its holdings in shares of Universal Health Realty Income Trust (NYSE:UHT) by 35.6% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 3,640 shares of the real estate investment trust’s stock after selling 2,014 shares during the period. Nisa Investment Advisors LLC’s holdings in Universal Health Realty Income Trust were worth $145,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Bank of New York Mellon Corp increased its position in shares of Universal Health Realty Income Trust by 27.3% during the first 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 buying an additional 91,621 shares during the period. Goldman Sachs Group Inc. increased its position in shares of Universal Health Realty Income Trust by 29.3% during the first quarter. Goldman Sachs Group Inc. now owns 95,865 shares of the real estate investment trust’s stock worth $3,927,000 after buying an additional 21,708 shares during the period. GAMMA Investing LLC increased its position in shares of Universal Health Realty Income Trust by 101.8% during the second quarter. GAMMA Investing LLC now owns 888 shares of the real estate investment trust’s stock worth $35,000 after buying an additional 448 shares during the period. Principal Financial Group Inc. lifted its stake in shares of 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 valued at $2,817,000 after purchasing an additional 1,484 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of 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 valued at $14,152,000 after purchasing an additional 24,188 shares during the period. Institutional investors own 64.66% of the company’s stock.

Insiders Place Their Bets

In related news, CEO Alan B. Miller purchased 12,247 shares of the firm’s stock in a transaction on Wednesday, October 29th. The stock was purchased at an average cost of $37.02 per share, with a total value of $453,383.94. Following the completion of the purchase, the chief executive officer owned 182,104 shares in the company, valued at approximately $6,741,490.08. This trade represents a 7.21% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 2.39% of the company’s stock.

Universal Health Realty Income Trust Trading Up 1.1%

UHT opened at $38.64 on Wednesday. Universal Health Realty Income Trust has a 1-year low of $34.56 and a 1-year high of $43.38. The company has a current ratio of 7.37, a quick ratio of 7.25 and a debt-to-equity ratio of 2.37. The company has a market cap of $536.02 million, a P/E ratio of 29.95 and a beta of 0.98. The company has a fifty day moving average price of $38.73 and a two-hundred day moving average price of $39.41.

Universal Health Realty Income Trust (NYSE:UHT) last posted its quarterly earnings results on Monday, October 27th. The real estate investment trust reported $0.88 earnings per share for the quarter. Universal Health Realty Income Trust had a net margin of 18.06% and a return on equity of 10.63%. The firm had revenue of $25.30 million during the quarter.

Universal Health Realty Income Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 22nd were paid a $0.74 dividend. This represents a $2.96 annualized dividend and a yield of 7.7%. The ex-dividend date of this dividend was Monday, September 22nd. Universal Health Realty Income Trust’s payout ratio is 229.46%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “hold (c-)” rating on shares of Universal Health Realty Income Trust in a research note on Thursday, October 30th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of “Hold”.

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.