Universal Health Realty Income Trust (NYSE:UHT – Get Free Report) saw a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 235,769 shares, a drop of 53.0% from the June 15th total of 501,977 shares. Based on an average daily volume of 472,991 shares, the days-to-cover ratio is presently 0.5 days. Currently, 1.7% of the shares of the company are sold short.
Institutional Investors Weigh In On Universal Health Realty Income Trust
Institutional investors have recently bought and sold shares of the business. Advisory Services Network LLC purchased a new position in shares of Universal Health Realty Income Trust in the third quarter valued at about $29,000. Bessemer Group Inc. grew its position in shares of Universal Health Realty Income Trust by 120.6% during the first quarter. Bessemer Group Inc. now owns 759 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 415 shares in the last quarter. Tower Research Capital LLC TRC grew its position in shares of Universal Health Realty Income Trust by 130.6% during the second quarter. Tower Research Capital LLC TRC now owns 1,063 shares of the real estate investment trust’s stock worth $42,000 after purchasing an additional 602 shares in the last quarter. Kestra Advisory Services LLC bought a new stake in Universal Health Realty Income Trust during the 4th quarter valued at approximately $46,000. Finally, Farther Finance Advisors LLC raised its stake in Universal Health Realty Income Trust by 72.6% during the 4th quarter. Farther Finance Advisors LLC now owns 1,246 shares of the real estate investment trust’s stock valued at $49,000 after purchasing an additional 524 shares during the period. Hedge funds and other institutional investors own 64.66% of the company’s stock.
Analyst Ratings Changes
Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Universal Health Realty Income Trust in a research report on Monday. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.
Universal Health Realty Income Trust Stock Performance
NYSE UHT traded up $1.24 on Thursday, reaching $43.91. 112,527 shares of the stock were exchanged, compared to its average volume of 105,501. Universal Health Realty Income Trust has a one year low of $35.26 and a one year high of $46.30. The firm has a market capitalization of $609.31 million, a PE ratio of 34.31 and a beta of 0.82. The company’s 50-day simple moving average is $41.47 and its two-hundred day simple moving average is $41.40. The company has a current ratio of 6.14, a quick ratio of 6.14 and a debt-to-equity ratio of 2.56.
Universal Health Realty Income Trust (NYSE:UHT – Get Free Report) last issued its quarterly earnings results on Monday, April 27th. The real estate investment trust reported $0.36 earnings per share for the quarter. The business had revenue of $24.53 million for the quarter. Universal Health Realty Income Trust had a net margin of 18.00% and a return on equity of 11.44%.
Universal Health Realty Income Trust Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 22nd were paid a dividend of $0.75 per share. This is a positive change from Universal Health Realty Income Trust’s previous quarterly dividend of $0.74. The ex-dividend date was Monday, June 22nd. This represents a $3.00 dividend on an annualized basis and a dividend yield of 6.8%. Universal Health Realty Income Trust’s dividend payout ratio is presently 234.38%.
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.
Featured Stories
- Five stocks we like better than Universal Health Realty Income Trust
- Why Abbott Laboratories Stock Is Suddenly Winning Back Wall Street
- Revving Up Returns: Big Banks Race Through the Rate Plateau
- Why Uber’s Biggest Deal Yet Could Unlock Its Next Growth Phase
- Why Microsoft Is Playing a Different AI Game Than Big Tech—and Cash Flow Is the Test
Receive News & Ratings for Universal Health Realty Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Universal Health Realty Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.
