Universal Health Realty Income Trust (NYSE:UHT) Sees Unusually-High Trading Volume – What’s Next?

Shares of Universal Health Realty Income Trust (NYSE:UHT) saw unusually-strong trading volume on Wednesday . Approximately 52,015 shares were traded during mid-day trading, a decline of 26% from the previous session’s volume of 70,409 shares.The stock last traded at $39.2540 and had previously closed at $39.52.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “hold (c-)” rating on shares of Universal Health Realty Income Trust in a report on Monday. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company has an average rating of “Hold”.

Universal Health Realty Income Trust Trading Down 0.2%

The business’s 50 day moving average price is $39.69 and its 200-day moving average price is $39.73. The company has a market cap of $547.03 million, a price-to-earnings ratio of 30.57 and a beta of 0.93. The company has a debt-to-equity ratio of 2.37, a quick ratio of 7.37 and a current ratio of 7.37.

Universal Health Realty Income Trust Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd will be paid a dividend of $0.745 per share. This is a positive change from Universal Health Realty Income Trust’s previous quarterly dividend of $0.74. This represents a $2.98 dividend on an annualized basis and a yield of 7.6%. The ex-dividend date is Monday, December 22nd. Universal Health Realty Income Trust’s dividend payout ratio is 231.01%.

Insiders Place Their Bets

In related news, CEO Alan B. Miller acquired 12,247 shares of the stock in a transaction dated Wednesday, October 29th. The shares were bought at an average cost of $37.02 per share, for a total transaction of $453,383.94. Following the purchase, the chief executive officer owned 182,104 shares in the company, valued at approximately $6,741,490.08. This trade represents a 7.21% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 2.20% of the company’s stock.

Hedge Funds Weigh In On Universal Health Realty Income Trust

Several institutional investors have recently bought and sold shares of the business. Advisory Services Network LLC bought a new stake in shares of Universal Health Realty Income Trust during the third quarter worth $29,000. MAI Capital Management lifted its position in Universal Health Realty Income Trust by 273.8% during the 3rd quarter. MAI Capital Management now owns 800 shares of the real estate investment trust’s stock worth $31,000 after buying an additional 586 shares in the last quarter. GAMMA Investing LLC grew its holdings in Universal Health Realty Income Trust by 101.8% during the 2nd quarter. GAMMA Investing LLC now owns 888 shares of the real estate investment trust’s stock worth $35,000 after acquiring an additional 448 shares during the last quarter. Tower Research Capital LLC TRC grew its holdings in Universal Health Realty Income Trust by 130.6% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,063 shares of the real estate investment trust’s stock worth $42,000 after acquiring an additional 602 shares during the last quarter. Finally, Versant Capital Management Inc increased its position in Universal Health Realty Income Trust by 848.8% in the 3rd quarter. Versant Capital Management Inc now owns 1,167 shares of the real estate investment trust’s stock valued at $46,000 after acquiring an additional 1,044 shares in the last quarter. Institutional investors own 64.66% of the company’s stock.

Universal Health Realty Income Trust Company Profile

Universal Health Realty Income Trust (NYSE: UHT) is a real estate investment trust specializing in the ownership, financing and development of healthcare-related properties. The company’s primary focus is on sale-leaseback and build-to-suit transactions with hospitals, healthcare systems and senior living operators. Its portfolio includes medical office buildings, hospitals, outpatient facilities, senior housing communities and life science research facilities, all structured to provide long-term, triple-net leases with established healthcare providers.

UHT’s real estate holdings are diversified across key markets throughout the United States, from major metropolitan areas to growing suburban regions.