Los Angeles Capital Management LLC Grows Stock Holdings in Universal Health Realty Income Trust (NYSE:UHT)

Los Angeles Capital Management LLC raised its position in Universal Health Realty Income Trust (NYSE:UHT) by 20.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,137 shares of the real estate investment trust’s stock after acquiring an additional 1,210 shares during the quarter. Los Angeles Capital Management LLC owned approximately 0.05% of Universal Health Realty Income Trust worth $262,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of UHT. Van ECK Associates Corp increased its stake in shares of Universal Health Realty Income Trust by 19.6% in the fourth quarter. Van ECK Associates Corp now owns 1,803 shares of the real estate investment trust’s stock worth $78,000 after purchasing an additional 296 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. boosted its stake in Universal Health Realty Income Trust by 2.8% in the 4th quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 14,916 shares of the real estate investment trust’s stock worth $645,000 after purchasing an additional 413 shares in the last quarter. Swiss National Bank boosted its stake in Universal Health Realty Income Trust by 1.8% in the 3rd quarter. Swiss National Bank now owns 28,800 shares of the real estate investment trust’s stock worth $1,164,000 after purchasing an additional 500 shares in the last quarter. WealthTrust Axiom LLC boosted its stake in Universal Health Realty Income Trust by 2.3% in the 4th quarter. WealthTrust Axiom LLC now owns 42,284 shares of the real estate investment trust’s stock worth $1,829,000 after purchasing an additional 963 shares in the last quarter. Finally, Public Employees Retirement System of Ohio boosted its stake in Universal Health Realty Income Trust by 8.1% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 18,245 shares of the real estate investment trust’s stock worth $738,000 after purchasing an additional 1,374 shares in the last quarter. Hedge funds and other institutional investors own 64.66% of the company’s stock.

Insider Activity at Universal Health Realty Income Trust

In other news, Director Robert F. Mccadden acquired 2,000 shares of the company’s stock in a transaction that occurred on Thursday, May 9th. The stock was purchased at an average price of $37.38 per share, with a total value of $74,760.00. Following the completion of the acquisition, the director now owns 11,644 shares of the company’s stock, valued at approximately $435,252.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, Director Robert F. Mccadden acquired 2,000 shares of the company’s stock in a transaction that occurred on Thursday, May 9th. The stock was purchased at an average price of $37.38 per share, with a total value of $74,760.00. Following the completion of the acquisition, the director now owns 11,644 shares of the company’s stock, valued at approximately $435,252.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Alan B. Miller bought 6,000 shares of the firm’s stock in a transaction on Friday, April 26th. The stock was bought at an average cost of $34.65 per share, for a total transaction of $207,900.00. Following the transaction, the chief executive officer now directly owns 157,753 shares of the company’s stock, valued at $5,466,141.45. The disclosure for this purchase can be found here. 2.20% of the stock is currently owned by insiders.

Universal Health Realty Income Trust Stock Performance

Shares of NYSE UHT opened at $38.75 on Friday. The company has a current ratio of 8.06, a quick ratio of 8.06 and a debt-to-equity ratio of 1.86. Universal Health Realty Income Trust has a 12 month low of $32.27 and a 12 month high of $49.49. The company has a 50 day simple moving average of $37.26 and a two-hundred day simple moving average of $38.72. The stock has a market cap of $535.53 million, a price-to-earnings ratio of 33.12 and a beta of 0.80.

Universal Health Realty Income Trust Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Monday, June 17th will be issued a $0.73 dividend. The ex-dividend date is Friday, June 14th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 7.54%. This is a positive change from Universal Health Realty Income Trust’s previous quarterly dividend of $0.73. Universal Health Realty Income Trust’s dividend payout ratio is currently 249.57%.

Universal Health Realty Income Trust 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.