Principal Financial Group Inc. Decreases Stock Holdings in Universal Health Realty Income Trust (NYSE:UHT)

Principal Financial Group Inc. lowered its stake in shares of Universal Health Realty Income Trust (NYSE:UHT) by 2.7% during the 3rd quarter, Holdings Channel.com reports. The fund owned 64,831 shares of the real estate investment trust’s stock after selling 1,776 shares during the quarter. Principal Financial Group Inc.’s holdings in Universal Health Realty Income Trust were worth $2,966,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in UHT. Barclays PLC increased its position in Universal Health Realty Income Trust by 392.1% during the third quarter. Barclays PLC now owns 22,852 shares of the real estate investment trust’s stock valued at $1,045,000 after acquiring an additional 18,208 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Universal Health Realty Income Trust by 1.5% during the 3rd quarter. Geode Capital Management LLC now owns 332,429 shares of the real estate investment trust’s stock valued at $15,212,000 after purchasing an additional 5,037 shares during the last quarter. Dean Investment Associates LLC lifted its stake in shares of Universal Health Realty Income Trust by 42.9% in the 3rd quarter. Dean Investment Associates LLC now owns 92,880 shares of the real estate investment trust’s stock worth $4,249,000 after purchasing an additional 27,871 shares during the period. Jane Street Group LLC boosted its holdings in shares of Universal Health Realty Income Trust by 45.9% in the third quarter. Jane Street Group LLC now owns 62,346 shares of the real estate investment trust’s stock worth $2,852,000 after buying an additional 19,614 shares during the last quarter. Finally, State Street Corp grew its position in Universal Health Realty Income Trust by 2.0% during the third quarter. State Street Corp now owns 591,170 shares of the real estate investment trust’s stock valued at $27,046,000 after buying an additional 11,520 shares during the period. Hedge funds and other institutional investors own 64.66% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered 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 Trading Down 0.1 %

UHT stock opened at $36.48 on Friday. The firm has a fifty day moving average price of $39.84 and a 200 day moving average price of $41.53. The company has a debt-to-equity ratio of 2.02, a quick ratio of 6.65 and a current ratio of 6.65. The firm has a market cap of $505.25 million, a PE ratio of 27.85 and a beta of 0.86. Universal Health Realty Income Trust has a fifty-two week low of $32.27 and a fifty-two week high of $47.30.

Universal Health Realty Income Trust Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th were given a dividend of $0.735 per share. This represents a $2.94 annualized dividend and a dividend yield of 8.06%. The ex-dividend date was Monday, December 16th. This is a positive change from Universal Health Realty Income Trust’s previous quarterly dividend of $0.73. Universal Health Realty Income Trust’s payout ratio is 224.43%.

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.