SG Americas Securities LLC lowered its stake in Universal Health Realty Income Trust (NYSE:UHT – Free Report) by 16.7% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 5,975 shares of the real estate investment trust’s stock after selling 1,201 shares during the period. SG Americas Securities LLC’s holdings in Universal Health Realty Income Trust were worth $222,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC lifted its position in Universal Health Realty Income Trust by 6,990.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 709 shares of the real estate investment trust’s stock valued at $32,000 after acquiring an additional 699 shares in the last quarter. Coastline Trust Co bought a new position in shares of Universal Health Realty Income Trust in the 3rd quarter worth approximately $92,000. Daiwa Securities Group Inc. boosted its stake in shares of Universal Health Realty Income Trust by 10.1% during the 3rd quarter. Daiwa Securities Group Inc. now owns 4,233 shares of the real estate investment trust’s stock worth $194,000 after acquiring an additional 389 shares during the last quarter. The Manufacturers Life Insurance Company bought a new stake in shares of Universal Health Realty Income Trust during the 2nd quarter valued at $216,000. Finally, Point72 Asia Singapore Pte. Ltd. increased its position in Universal Health Realty Income Trust by 106.8% in the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 6,195 shares of the real estate investment trust’s stock worth $283,000 after buying an additional 3,199 shares in the last quarter. Institutional investors own 64.66% of the company’s stock.
Analyst Upgrades and Downgrades
Separately, StockNews.com downgraded 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 Trading Down 1.9 %
UHT stock opened at $38.75 on Friday. The company has a debt-to-equity ratio of 2.02, a current ratio of 6.65 and a quick ratio of 6.65. Universal Health Realty Income Trust has a 1-year low of $32.27 and a 1-year high of $47.30. The business has a 50 day simple moving average of $38.29 and a two-hundred day simple moving average of $41.30. The company has a market capitalization of $536.69 million, a price-to-earnings ratio of 29.58 and a beta of 0.87.
Universal Health Realty Income Trust Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th were issued a $0.735 dividend. This is an increase from Universal Health Realty Income Trust’s previous quarterly dividend of $0.73. This represents a $2.94 dividend on an annualized basis and a yield of 7.59%. The ex-dividend date of this dividend was Monday, December 16th. Universal Health Realty Income Trust’s payout ratio is currently 224.43%.
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.
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