State Street Corp Buys 11,520 Shares of Universal Health Realty Income Trust (NYSE:UHT)

State Street Corp increased its stake in shares of Universal Health Realty Income Trust (NYSE:UHT) by 2.0% during the 3rd quarter, Holdings Channel.com reports. The fund owned 591,170 shares of the real estate investment trust’s stock after purchasing an additional 11,520 shares during the quarter. State Street Corp’s holdings in Universal Health Realty Income Trust were worth $27,046,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of UHT. ProShare Advisors LLC boosted its stake in shares of Universal Health Realty Income Trust by 69.4% during the second quarter. ProShare Advisors LLC now owns 332,728 shares of the real estate investment trust’s stock valued at $13,023,000 after purchasing an additional 136,308 shares during the period. Bank of New York Mellon Corp raised its holdings in Universal Health Realty Income Trust by 2.7% during 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 buying an additional 6,502 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Universal Health Realty Income Trust by 2.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 192,773 shares of the real estate investment trust’s stock valued at $7,545,000 after buying an additional 4,474 shares during the period. Charles Schwab Investment Management Inc. boosted its position in Universal Health Realty Income Trust by 1.9% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 118,523 shares of the real estate investment trust’s stock valued at $5,422,000 after buying an additional 2,178 shares during the period. Finally, Stifel Financial Corp grew its holdings in Universal Health Realty Income Trust by 3.5% in the 3rd quarter. Stifel Financial Corp now owns 72,654 shares of the real estate investment trust’s stock worth $3,324,000 after acquiring an additional 2,471 shares during the last quarter. 64.66% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded shares of 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 0.6 %

UHT opened at $37.17 on Monday. Universal Health Realty Income Trust has a one year low of $32.27 and a one year high of $47.30. The company has a debt-to-equity ratio of 2.02, a current ratio of 6.65 and a quick ratio of 6.65. The business has a 50 day simple moving average of $40.81 and a two-hundred day simple moving average of $41.68. The firm has a market capitalization of $514.80 million, a price-to-earnings ratio of 28.37 and a beta of 0.84.

Universal Health Realty Income Trust Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 16th will be issued a dividend of $0.735 per share. This represents a $2.94 dividend on an annualized basis and a dividend yield of 7.91%. The ex-dividend date of this dividend is Monday, December 16th. This is an increase from Universal Health Realty Income Trust’s previous quarterly dividend of $0.73. Universal Health Realty Income Trust’s dividend payout ratio is currently 224.43%.

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.