BNP Paribas Financial Markets Grows Stock Position in Universal Health Realty Income Trust (NYSE:UHT)

BNP Paribas Financial Markets raised its position in Universal Health Realty Income Trust (NYSE:UHT) by 7.4% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 7,013 shares of the real estate investment trust’s stock after acquiring an additional 483 shares during the period. BNP Paribas Financial Markets’ holdings in Universal Health Realty Income Trust were worth $321,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the company. Farther Finance Advisors LLC increased its holdings in Universal Health Realty Income Trust by 6,990.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 709 shares of the real estate investment trust’s stock worth $32,000 after acquiring an additional 699 shares during the last quarter. DekaBank Deutsche Girozentrale purchased a new position in shares of Universal Health Realty Income Trust in the second quarter worth about $34,000. Signaturefd LLC raised its position in shares of 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 purchasing an additional 1,138 shares during the period. Coastline Trust Co purchased a new stake in shares of Universal Health Realty Income Trust during the 3rd quarter valued at approximately $92,000. Finally, Point72 Asset Management L.P. lifted its stake in shares of Universal Health Realty Income Trust by 71.1% during the 2nd quarter. Point72 Asset Management L.P. now owns 2,395 shares of the real estate investment trust’s stock valued at $94,000 after buying an additional 995 shares in the last quarter. Hedge funds and other institutional investors own 64.66% of the company’s stock.

Universal Health Realty Income Trust Stock Performance

NYSE:UHT opened at $40.09 on Monday. The business’s fifty day moving average is $41.24 and its 200 day moving average is $41.71. The firm has a market cap of $555.25 million, a price-to-earnings ratio of 30.60 and a beta of 0.84. The company has a debt-to-equity ratio of 2.02, a quick ratio of 6.65 and a current ratio of 6.65. Universal Health Realty Income Trust has a 52-week low of $32.27 and a 52-week high of $47.30.

Universal Health Realty Income Trust Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be given a dividend of $0.735 per share. The ex-dividend date is Monday, December 16th. This is a boost from Universal Health Realty Income Trust’s previous quarterly dividend of $0.73. This represents a $2.94 annualized dividend and a dividend yield of 7.33%. Universal Health Realty Income Trust’s dividend payout ratio is currently 224.43%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of Universal Health Realty Income Trust from a “buy” rating to a “hold” rating in a 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.