Creative Planning Increases Holdings in Universal Health Realty Income Trust (NYSE:UHT)

Creative Planning lifted its position in shares of Universal Health Realty Income Trust (NYSE:UHT) by 12.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,661 shares of the real estate investment trust’s stock after buying an additional 1,205 shares during the period. Creative Planning owned about 0.08% of Universal Health Realty Income Trust worth $488,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. ProShare Advisors LLC grew its position in shares of Universal Health Realty Income Trust by 69.4% in the 2nd quarter. ProShare Advisors LLC now owns 332,728 shares of the real estate investment trust’s stock worth $13,023,000 after buying an additional 136,308 shares during the last quarter. Bank of New York Mellon Corp grew its stake in Universal Health Realty Income Trust by 2.7% in the second quarter. Bank of New York Mellon Corp now owns 243,615 shares of the real estate investment trust’s stock worth $9,535,000 after purchasing an additional 6,502 shares during the period. Dimensional Fund Advisors LP grew its stake in Universal Health Realty Income Trust by 2.4% in the second quarter. Dimensional Fund Advisors LP now owns 192,773 shares of the real estate investment trust’s stock worth $7,545,000 after purchasing an additional 4,474 shares during the period. Rhumbline Advisers grew its stake in Universal Health Realty Income Trust by 3.1% in the second quarter. Rhumbline Advisers now owns 33,370 shares of the real estate investment trust’s stock worth $1,306,000 after purchasing an additional 1,014 shares during the period. Finally, Public Sector Pension Investment Board grew its stake in Universal Health Realty Income Trust by 6.1% in the second quarter. Public Sector Pension Investment Board now owns 27,994 shares of the real estate investment trust’s stock worth $1,096,000 after purchasing an additional 1,603 shares during the period. 64.66% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com cut 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 Up 2.3 %

Shares of NYSE UHT opened at $42.04 on Thursday. Universal Health Realty Income Trust has a twelve month low of $32.27 and a twelve month high of $47.30. The business has a fifty day simple moving average of $43.39 and a two-hundred day simple moving average of $40.78. The firm has a market cap of $582.25 million, a PE ratio of 32.09 and a beta of 0.83. The company has a quick ratio of 7.93, a current ratio of 6.65 and a debt-to-equity ratio of 2.02.

Universal Health Realty Income Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Monday, September 16th were given a dividend of $0.73 per share. The ex-dividend date was Monday, September 16th. This represents a $2.92 dividend on an annualized basis and a yield of 6.95%. Universal Health Realty Income Trust’s dividend payout ratio is currently 222.90%.

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.