Farther Finance Advisors LLC Grows Stake in Universal Health Realty Income Trust (NYSE:UHT)

Farther Finance Advisors LLC lifted its position in Universal Health Realty Income Trust (NYSE:UHT) by 6,990.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 709 shares of the real estate investment trust’s stock after purchasing an additional 699 shares during the quarter. Farther Finance Advisors LLC’s holdings in Universal Health Realty Income Trust were worth $32,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. ProShare Advisors LLC increased its stake in 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 acquiring an additional 136,308 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Universal Health Realty Income Trust by 2.7% during 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 in the last quarter. Dimensional Fund Advisors LP increased its position in shares of 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 last quarter. Rhumbline Advisers raised 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 valued at $1,306,000 after purchasing an additional 1,014 shares in the last quarter. Finally, Public Sector Pension Investment Board lifted its position in Universal Health Realty Income Trust by 6.1% during the second quarter. Public Sector Pension Investment Board now owns 27,994 shares of the real estate investment trust’s stock valued at $1,096,000 after purchasing an additional 1,603 shares during the last quarter. Hedge funds and other institutional investors own 64.66% of the company’s stock.

Analyst Upgrades and Downgrades

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 Trading Down 1.7 %

NYSE UHT opened at $40.74 on Friday. The stock’s 50-day simple moving average is $43.08 and its two-hundred day simple moving average is $41.07. Universal Health Realty Income Trust has a twelve month low of $32.27 and a twelve month high of $47.30. The company has a quick ratio of 7.93, a current ratio of 6.65 and a debt-to-equity ratio of 2.02. The company has a market capitalization of $564.25 million, a price-to-earnings ratio of 31.10 and a beta of 0.83.

Universal Health Realty Income Trust Dividend Announcement

The firm 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. This represents a $2.92 dividend on an annualized basis and a yield of 7.17%. The ex-dividend date was Monday, September 16th. Universal Health Realty Income Trust’s payout ratio is currently 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.