Universal Health Realty Income Trust (NYSE:UHT) Shares Purchased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. increased its position in shares of Universal Health Realty Income Trust (NYSE:UHT) by 1.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 118,523 shares of the real estate investment trust’s stock after purchasing an additional 2,178 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Universal Health Realty Income Trust were worth $5,422,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Farther Finance Advisors LLC grew its stake in shares of Universal Health Realty Income Trust by 6,990.0% during the third quarter. Farther Finance Advisors LLC now owns 709 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 699 shares in the last quarter. DekaBank Deutsche Girozentrale acquired a new position in shares of Universal Health Realty Income Trust during the second quarter worth $34,000. Signaturefd LLC lifted its position in Universal Health Realty Income Trust by 375.6% in the second quarter. Signaturefd LLC now owns 1,441 shares of the real estate investment trust’s stock valued at $56,000 after acquiring an additional 1,138 shares during the last quarter. Coastline Trust Co purchased a new stake in Universal Health Realty Income Trust in the third quarter valued at $92,000. Finally, Point72 Asset Management L.P. lifted its position in Universal Health Realty Income Trust by 71.1% in the second quarter. Point72 Asset Management L.P. now owns 2,395 shares of the real estate investment trust’s stock valued at $94,000 after acquiring an additional 995 shares during the last quarter. Institutional investors and hedge funds own 64.66% of the company’s stock.

Universal Health Realty Income Trust Price Performance

Shares of UHT opened at $40.73 on Friday. Universal Health Realty Income Trust has a 1-year low of $32.27 and a 1-year high of $47.30. The stock has a market cap of $564.11 million, a PE ratio of 31.09 and a beta of 0.84. 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 firm has a fifty day moving average price of $41.31 and a 200 day moving average price of $41.63.

Universal Health Realty Income Trust Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be issued a $0.735 dividend. This represents a $2.94 dividend on an annualized basis and a dividend yield of 7.22%. This is a boost from Universal Health Realty Income Trust’s previous quarterly dividend of $0.73. The ex-dividend date is Monday, December 16th. Universal Health Realty Income Trust’s dividend payout ratio is presently 224.43%.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of Universal Health Realty Income Trust from a “buy” rating to a “hold” rating in a research report on Saturday, November 2nd.

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.