Texas Permanent School Fund Corp Increases Position in Universal Health Realty Income Trust (NYSE:UHT)

Texas Permanent School Fund Corp increased its stake in shares of Universal Health Realty Income Trust (NYSE:UHT) by 26.7% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 13,963 shares of the real estate investment trust’s stock after buying an additional 2,939 shares during the period. Texas Permanent School Fund Corp owned about 0.10% of Universal Health Realty Income Trust worth $547,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Susquehanna Fundamental Investments LLC purchased a new position in shares of Universal Health Realty Income Trust in the first quarter valued at $581,000. Bank of New York Mellon Corp grew its stake in Universal Health Realty Income Trust by 2.7% in the 2nd quarter. Bank of New York Mellon Corp now owns 243,615 shares of the real estate investment trust’s stock valued at $9,535,000 after acquiring an additional 6,502 shares during the last quarter. Quest Partners LLC purchased a new position in Universal Health Realty Income Trust during the 4th quarter valued at about $154,000. Price T Rowe Associates Inc. MD raised its position in Universal Health Realty Income Trust by 29.4% during the first quarter. Price T Rowe Associates Inc. MD now owns 19,751 shares of the real estate investment trust’s stock worth $726,000 after acquiring an additional 4,490 shares during the last quarter. Finally, Vanguard Group Inc. lifted its holdings in shares of Universal Health Realty Income Trust by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 2,242,974 shares of the real estate investment trust’s stock valued at $97,009,000 after purchasing an additional 12,376 shares in the last quarter. 64.66% of the stock is currently owned by institutional investors and hedge funds.

Universal Health Realty Income Trust Stock Down 1.9 %

UHT stock opened at $45.23 on Friday. The company has a debt-to-equity ratio of 1.90, a current ratio of 7.93 and a quick ratio of 7.93. The company’s 50 day simple moving average is $43.47 and its 200-day simple moving average is $39.19. Universal Health Realty Income Trust has a 12 month low of $32.27 and a 12 month high of $47.30. The firm has a market capitalization of $625.30 million, a PE ratio of 38.66 and a beta of 0.83.

Universal Health Realty Income Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Monday, September 16th will be given a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a yield of 6.46%. The ex-dividend date of this dividend is Monday, September 16th. Universal Health Realty Income Trust’s payout ratio is 249.57%.

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.