State of New Jersey Common Pension Fund D Cuts Stock Position in Universal Health Realty Income Trust (NYSE:UHT)

State of New Jersey Common Pension Fund D lowered its holdings in Universal Health Realty Income Trust (NYSE:UHT) by 26.1% during the 2nd quarter, Holdings Channel reports. The firm owned 50,649 shares of the real estate investment trust’s stock after selling 17,922 shares during the period. State of New Jersey Common Pension Fund D’s holdings in Universal Health Realty Income Trust were worth $1,982,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Signaturefd LLC lifted its position in shares of Universal Health Realty Income Trust by 375.6% during the 2nd quarter. Signaturefd LLC now owns 1,441 shares of the real estate investment trust’s stock valued at $56,000 after buying an additional 1,138 shares during the last quarter. Quest Partners LLC purchased a new position in shares of Universal Health Realty Income Trust during the 4th quarter valued at $154,000. State Board of Administration of Florida Retirement System purchased a new position in shares of Universal Health Realty Income Trust during the 1st quarter valued at $158,000. Denali Advisors LLC lifted its position in shares of Universal Health Realty Income Trust by 58.8% during the 1st quarter. Denali Advisors LLC now owns 5,400 shares of the real estate investment trust’s stock valued at $198,000 after buying an additional 2,000 shares during the last quarter. Finally, Quadrature Capital Ltd purchased a new position in shares of Universal Health Realty Income Trust during the 1st quarter valued at $235,000. Hedge funds and other institutional investors own 64.66% of the company’s stock.

Universal Health Realty Income Trust Stock Down 1.9 %

Shares of NYSE UHT opened at $45.23 on Friday. 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 1.90, a current ratio of 7.93 and a quick ratio of 7.93. The business’s fifty day moving average price is $43.47 and its 200-day moving average price is $39.19. The stock has a market capitalization of $625.30 million, a PE ratio of 38.66 and a beta of 0.83.

Universal Health Realty Income Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Monday, September 16th will be issued a dividend of $0.73 per share. The ex-dividend date is Monday, September 16th. This represents a $2.92 dividend on an annualized basis and a yield of 6.46%. Universal Health Realty Income Trust’s dividend payout ratio (DPR) is 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.