Fmr LLC Increases Position in Universal Health Realty Income Trust (NYSE:UHT)

Fmr LLC grew its holdings in Universal Health Realty Income Trust (NYSE:UHT) by 31.0% during the third quarter, HoldingsChannel reports. The firm owned 16,765 shares of the real estate investment trust’s stock after acquiring an additional 3,970 shares during the period. Fmr LLC’s holdings in Universal Health Realty Income Trust were worth $767,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Nisa Investment Advisors LLC increased its holdings in shares of Universal Health Realty Income Trust by 64.5% in the second quarter. Nisa Investment Advisors LLC now owns 7,409 shares of the real estate investment trust’s stock valued at $290,000 after purchasing an additional 2,904 shares during the last quarter. Bank of New York Mellon Corp increased its stake in shares of Universal Health Realty Income Trust by 2.7% in the 2nd quarter. Bank of New York Mellon Corp now owns 243,615 shares of the real estate investment trust’s stock worth $9,535,000 after acquiring an additional 6,502 shares during the last quarter. Legato Capital Management LLC raised its holdings in shares of Universal Health Realty Income Trust by 78.5% during the 2nd quarter. Legato Capital Management LLC now owns 23,987 shares of the real estate investment trust’s stock worth $939,000 after acquiring an additional 10,548 shares during the period. Panagora Asset Management Inc. acquired a new position in shares of Universal Health Realty Income Trust during the 2nd quarter valued at about $389,000. Finally, Signaturefd LLC grew its holdings 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. 64.66% of the stock is owned by hedge funds and other institutional investors.

Universal Health Realty Income Trust Stock Up 0.2 %

UHT stock opened at $38.53 on Wednesday. Universal Health Realty Income Trust has a one year low of $32.27 and a one year high of $47.30. The firm has a market cap of $533.57 million, a PE ratio of 29.45 and a beta of 0.84. The firm’s 50 day moving average price is $41.16 and its 200-day moving average price is $41.72. 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 Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th will be given a $0.735 dividend. The ex-dividend date of this dividend is Monday, December 16th. This represents a $2.94 dividend on an annualized basis and a yield of 7.63%. This is an increase from Universal Health Realty Income Trust’s previous quarterly dividend of $0.73. Universal Health Realty Income Trust’s payout ratio is currently 224.43%.

Analysts Set New Price Targets

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