Millennium Management LLC Sells 1,190 Shares of Universal Health Realty Income Trust (NYSE:UHT)

Millennium Management LLC cut its position in Universal Health Realty Income Trust (NYSE:UHT) by 1.4% in the second quarter, HoldingsChannel.com reports. The firm owned 84,659 shares of the real estate investment trust’s stock after selling 1,190 shares during the period. Millennium Management LLC’s holdings in Universal Health Realty Income Trust were worth $3,314,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of UHT. Susquehanna Fundamental Investments LLC acquired a new stake in shares of Universal Health Realty Income Trust during the 1st quarter worth about $581,000. Bank of New York Mellon Corp grew its stake in Universal Health Realty Income Trust by 2.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 243,615 shares of the real estate investment trust’s stock valued at $9,535,000 after purchasing an additional 6,502 shares in the last quarter. Deerfield Management Company L.P. Series C acquired a new position in shares of Universal Health Realty Income Trust in the 2nd quarter worth approximately $541,000. ProShare Advisors LLC lifted its holdings in shares of Universal Health Realty Income Trust by 69.4% in the 2nd quarter. ProShare Advisors LLC now owns 332,728 shares of the real estate investment trust’s stock worth $13,023,000 after purchasing an additional 136,308 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD raised its stake in Universal Health Realty Income Trust by 29.4% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 19,751 shares of the real estate investment trust’s stock valued at $726,000 after acquiring an additional 4,490 shares in the last quarter. Institutional investors and hedge funds own 64.66% of the company’s stock.

Universal Health Realty Income Trust Stock Performance

Shares of NYSE UHT opened at $41.70 on Tuesday. The company has a quick ratio of 7.93, a current ratio of 7.93 and a debt-to-equity ratio of 1.90. The stock has a market capitalization of $577.55 million, a price-to-earnings ratio of 32.08 and a beta of 0.82. The stock’s fifty day simple moving average is $44.07 and its 200 day simple moving average is $40.00. 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 Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Monday, September 16th were given a dividend of $0.73 per share. The ex-dividend date of this dividend was Monday, September 16th. This represents a $2.92 annualized dividend and a dividend yield of 7.00%. Universal Health Realty Income Trust’s dividend payout ratio is presently 224.62%.

About Universal Health Realty Income Trust

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.