Geode Capital Management LLC Increases Position in Universal Health Realty Income Trust (NYSE:UHT)

Geode Capital Management LLC raised its holdings in Universal Health Realty Income Trust (NYSE:UHT) by 1.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 332,429 shares of the real estate investment trust’s stock after purchasing an additional 5,037 shares during the period. Geode Capital Management LLC owned 2.40% of Universal Health Realty Income Trust worth $15,212,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. ProShare Advisors LLC grew its holdings in Universal Health Realty Income Trust by 69.4% in the second quarter. ProShare Advisors LLC now owns 332,728 shares of the real estate investment trust’s stock valued at $13,023,000 after purchasing an additional 136,308 shares during the period. Dean Investment Associates LLC lifted its holdings in Universal Health Realty Income Trust by 42.9% during the 3rd quarter. Dean Investment Associates LLC now owns 92,880 shares of the real estate investment trust’s stock worth $4,249,000 after buying an additional 27,871 shares during the last quarter. Code Waechter LLC bought a new position in shares of Universal Health Realty Income Trust in the 3rd quarter worth about $1,070,000. Jane Street Group LLC raised its position in shares of Universal Health Realty Income Trust by 45.9% during the 3rd quarter. Jane Street Group LLC now owns 62,346 shares of the real estate investment trust’s stock worth $2,852,000 after purchasing an additional 19,614 shares during the period. Finally, AQR Capital Management LLC acquired a new stake in Universal Health Realty Income Trust in the second quarter worth $729,000. 64.66% of the stock is currently owned by hedge funds and other institutional investors.

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 note on Saturday, November 2nd.

Universal Health Realty Income Trust Stock Performance

Shares of Universal Health Realty Income Trust stock opened at $36.57 on Monday. The stock has a market cap of $506.49 million, a PE ratio of 27.92 and a beta of 0.84. 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 quick ratio of 6.65, a current ratio of 6.65 and a debt-to-equity ratio of 2.02. The business has a fifty day simple moving average of $40.27 and a 200-day simple moving average of $41.62.

Universal Health Realty Income Trust Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th will be paid a dividend of $0.735 per share. This represents a $2.94 annualized dividend and a yield of 8.04%. The ex-dividend date is Monday, December 16th. This is a boost from Universal Health Realty Income Trust’s previous quarterly dividend of $0.73. Universal Health Realty Income Trust’s payout ratio is 224.43%.

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.