Alan B. Miller Purchases 6,000 Shares of Universal Health Realty Income Trust (NYSE:UHT) Stock

Universal Health Realty Income Trust (NYSE:UHT) CEO Alan B. Miller purchased 6,000 shares of the business’s stock in a transaction dated Friday, April 26th. The shares were bought at an average price of $34.65 per share, with a total value of $207,900.00. Following the purchase, the chief executive officer now directly owns 157,753 shares of the company’s stock, valued at $5,466,141.45. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Universal Health Realty Income Trust Stock Performance

NYSE:UHT opened at $34.66 on Friday. The company has a debt-to-equity ratio of 1.86, a current ratio of 8.06 and a quick ratio of 7.57. The firm has a market cap of $479.00 million, a price-to-earnings ratio of 29.62 and a beta of 0.78. The firm’s fifty day moving average price is $36.57 and its 200 day moving average price is $39.37. Universal Health Realty Income Trust has a 1-year low of $32.27 and a 1-year high of $49.64.

Universal Health Realty Income Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Monday, March 18th were paid a dividend of $0.725 per share. The ex-dividend date was Friday, March 15th. This represents a $2.90 dividend on an annualized basis and a dividend yield of 8.37%. Universal Health Realty Income Trust’s dividend payout ratio (DPR) is 247.87%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in UHT. SG Americas Securities LLC increased its position in Universal Health Realty Income Trust by 183.9% during the 3rd quarter. SG Americas Securities LLC now owns 9,711 shares of the real estate investment trust’s stock worth $393,000 after purchasing an additional 6,290 shares during the period. State of Alaska Department of Revenue boosted its stake in shares of Universal Health Realty Income Trust by 4.3% in the third quarter. State of Alaska Department of Revenue now owns 14,003 shares of the real estate investment trust’s stock valued at $565,000 after buying an additional 583 shares in the last quarter. Exchange Traded Concepts LLC grew its holdings in Universal Health Realty Income Trust by 8.7% during the third quarter. Exchange Traded Concepts LLC now owns 12,614 shares of the real estate investment trust’s stock worth $510,000 after acquiring an additional 1,007 shares during the period. Illinois Municipal Retirement Fund purchased a new position in Universal Health Realty Income Trust in the third quarter worth $309,000. Finally, Quantbot Technologies LP acquired a new stake in Universal Health Realty Income Trust in the third quarter valued at $64,000. 64.66% of the stock is owned by hedge funds and other institutional investors.

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.