Universal Health Realty Income Trust (NYSE:UHT) Shares Gap Down to $39.14

Universal Health Realty Income Trust (NYSE:UHT)’s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $39.14, but opened at $38.06. Universal Health Realty Income Trust shares last traded at $38.06, with a volume of 666 shares changing hands.

Universal Health Realty Income Trust Trading Up 0.7 %

The company has a current ratio of 8.06, a quick ratio of 8.06 and a debt-to-equity ratio of 1.86. The business’s 50-day simple moving average is $37.64 and its two-hundred day simple moving average is $38.53. The company has a market capitalization of $532.35 million, a PE ratio of 32.92 and a beta of 0.81.

Universal Health Realty Income Trust Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 17th were given a $0.73 dividend. This is a boost from Universal Health Realty Income Trust’s previous quarterly dividend of $0.73. This represents a $2.92 dividend on an annualized basis and a yield of 7.58%. The ex-dividend date was Friday, June 14th. Universal Health Realty Income Trust’s dividend payout ratio is presently 249.57%.

Insider Transactions at Universal Health Realty Income Trust

In related news, CEO Alan B. Miller purchased 6,000 shares of Universal Health Realty Income Trust stock in a transaction dated Friday, April 26th. The shares were acquired at an average price of $34.65 per share, with a total value of $207,900.00. Following the completion of the transaction, the chief executive officer now owns 157,753 shares of the company’s stock, valued at approximately $5,466,141.45. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. In related news, CEO Alan B. Miller purchased 6,000 shares of Universal Health Realty Income Trust stock in a transaction dated Friday, April 26th. The shares were acquired at an average price of $34.65 per share, with a total value of $207,900.00. Following the completion of the transaction, the chief executive officer now owns 157,753 shares of the company’s stock, valued at approximately $5,466,141.45. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Robert F. Mccadden purchased 2,000 shares of Universal Health Realty Income Trust stock in a transaction dated Thursday, May 9th. The shares were bought at an average cost of $37.38 per share, for a total transaction of $74,760.00. Following the transaction, the director now directly owns 11,644 shares of the company’s stock, valued at approximately $435,252.72. The disclosure for this purchase can be found here. Corporate insiders own 2.20% of the company’s stock.

Hedge Funds Weigh In On Universal Health Realty Income Trust

Several large investors have recently modified their holdings of the stock. Van ECK Associates Corp raised its stake in Universal Health Realty Income Trust by 19.6% during the fourth quarter. Van ECK Associates Corp now owns 1,803 shares of the real estate investment trust’s stock worth $78,000 after acquiring an additional 296 shares during the period. Quest Partners LLC acquired a new stake in Universal Health Realty Income Trust during the fourth quarter worth about $154,000. State Board of Administration of Florida Retirement System acquired a new stake in Universal Health Realty Income Trust during the first quarter worth about $158,000. Denali Advisors LLC raised its stake in Universal Health Realty Income Trust by 58.8% during the first quarter. Denali Advisors LLC now owns 5,400 shares of the real estate investment trust’s stock worth $198,000 after acquiring an additional 2,000 shares during the period. Finally, Maryland State Retirement & Pension System acquired a new stake in Universal Health Realty Income Trust during the fourth quarter worth about $203,000. Institutional investors own 64.66% of the company’s stock.

Universal Health Realty Income Trust Company 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.