Intech Investment Management LLC Buys New Stake in Universal Health Realty Income Trust (NYSE:UHT)

Intech Investment Management LLC bought a new stake in Universal Health Realty Income Trust (NYSE:UHT) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 7,380 shares of the real estate investment trust’s stock, valued at approximately $338,000. Intech Investment Management LLC owned about 0.05% of Universal Health Realty Income Trust as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in UHT. Farther Finance Advisors LLC grew its stake in shares of Universal Health Realty Income Trust by 6,990.0% in the third quarter. Farther Finance Advisors LLC now owns 709 shares of the real estate investment trust’s stock worth $32,000 after acquiring an additional 699 shares in the last quarter. DekaBank Deutsche Girozentrale acquired a new position in shares of Universal Health Realty Income Trust in the second quarter worth $34,000. Signaturefd LLC grew its stake in shares of Universal Health Realty Income Trust by 375.6% in the second quarter. Signaturefd LLC now owns 1,441 shares of the real estate investment trust’s stock worth $56,000 after acquiring an additional 1,138 shares in the last quarter. Coastline Trust Co acquired a new position in shares of Universal Health Realty Income Trust in the third quarter worth $92,000. Finally, Point72 Asset Management L.P. grew its stake in shares of Universal Health Realty Income Trust by 71.1% in the second quarter. Point72 Asset Management L.P. now owns 2,395 shares of the real estate investment trust’s stock worth $94,000 after acquiring an additional 995 shares in the last quarter. Institutional investors and hedge funds own 64.66% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com cut shares of Universal Health Realty Income Trust from a “buy” rating to a “hold” rating in a research report on Saturday, November 2nd.

Universal Health Realty Income Trust Price Performance

Universal Health Realty Income Trust stock opened at $40.78 on Wednesday. The stock has a market cap of $564.80 million, a P/E ratio of 31.03 and a beta of 0.84. The company has a fifty day simple moving average of $42.05 and a 200-day simple moving average of $41.50. Universal Health Realty Income Trust has a 12-month low of $32.27 and a 12-month high of $47.30. The company has a current ratio of 6.65, a quick ratio of 6.65 and a debt-to-equity ratio of 2.02.

Universal Health Realty Income Trust Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be given a dividend of $0.735 per share. This is a boost from Universal Health Realty Income Trust’s previous quarterly dividend of $0.73. This represents a $2.94 annualized dividend and a dividend yield of 7.21%. The ex-dividend date is Monday, December 16th. Universal Health Realty Income Trust’s payout ratio is 222.90%.

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.