Bailard Inc. bought a new stake in Universal Health Realty Income Trust (NYSE:UHT – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 13,800 shares of the real estate investment trust’s stock, valued at approximately $541,000. Bailard Inc. owned 0.10% of Universal Health Realty Income Trust as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors also recently bought and sold shares of UHT. Millennium Management LLC bought a new position in Universal Health Realty Income Trust in the third quarter valued at about $1,901,000. Goldman Sachs Group Inc. raised its stake in Universal Health Realty Income Trust by 29.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 95,865 shares of the real estate investment trust’s stock valued at $3,927,000 after purchasing an additional 21,708 shares during the period. Qube Research & Technologies Ltd raised its stake in Universal Health Realty Income Trust by 176.5% during the 3rd quarter. Qube Research & Technologies Ltd now owns 32,269 shares of the real estate investment trust’s stock valued at $1,264,000 after purchasing an additional 20,600 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Universal Health Realty Income Trust by 5.7% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 365,199 shares of the real estate investment trust’s stock valued at $14,597,000 after purchasing an additional 19,679 shares during the period. Finally, Y Intercept Hong Kong Ltd bought a new stake in Universal Health Realty Income Trust during the 3rd quarter valued at approximately $765,000. Institutional investors own 64.66% of the company’s stock.
Universal Health Realty Income Trust Stock Up 1.3%
Shares of UHT opened at $40.67 on Friday. The business’s 50 day moving average is $41.57 and its 200 day moving average is $40.89. The company has a market capitalization of $564.50 million, a PE ratio of 31.77 and a beta of 0.83. Universal Health Realty Income Trust has a 12-month low of $35.26 and a 12-month high of $44.70. The company has a current ratio of 6.14, a quick ratio of 6.14 and a debt-to-equity ratio of 2.56.
Universal Health Realty Income Trust Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 23rd were given a dividend of $0.745 per share. This represents a $2.98 dividend on an annualized basis and a dividend yield of 7.3%. The ex-dividend date was Monday, March 23rd. Universal Health Realty Income Trust’s dividend payout ratio is currently 232.81%.
Analysts Set New Price Targets
Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Universal Health Realty Income Trust in a research note on Wednesday, April 15th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has a consensus rating of “Hold”.
Read Our Latest Report on Universal Health Realty Income Trust
Universal Health Realty Income Trust Company Profile
Universal Health Realty Income Trust (NYSE: UHT) is a real estate investment trust specializing in the ownership, financing and development of healthcare-related properties. The company’s primary focus is on sale-leaseback and build-to-suit transactions with hospitals, healthcare systems and senior living operators. Its portfolio includes medical office buildings, hospitals, outpatient facilities, senior housing communities and life science research facilities, all structured to provide long-term, triple-net leases with established healthcare providers.
UHT’s real estate holdings are diversified across key markets throughout the United States, from major metropolitan areas to growing suburban regions.
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