Robert F. Mccadden Buys 2,000 Shares of Universal Health Realty Income Trust (NYSE:UHT) Stock

Universal Health Realty Income Trust (NYSE:UHTGet Free Report) Director Robert F. Mccadden acquired 2,000 shares of the stock in a transaction dated Thursday, May 9th. The shares were purchased at an average price of $37.38 per share, for a total transaction of $74,760.00. Following the completion of the purchase, the director now directly owns 11,644 shares in the company, valued at $435,252.72. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Universal Health Realty Income Trust Stock Performance

NYSE UHT traded up $0.45 during trading on Thursday, reaching $37.58. 70,988 shares of the company’s stock were exchanged, compared to its average volume of 90,339. Universal Health Realty Income Trust has a fifty-two week low of $32.27 and a fifty-two week high of $49.64. The stock has a market capitalization of $519.54 million, a P/E ratio of 31.74 and a beta of 0.76. The business has a 50 day moving average price of $35.82 and a 200-day moving average price of $39.21. The company has a debt-to-equity ratio of 1.86, a current ratio of 8.06 and a quick ratio of 7.57.

Universal Health Realty Income Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Monday, March 18th were issued a dividend of $0.725 per share. This represents a $2.90 dividend on an annualized basis and a dividend yield of 7.72%. The ex-dividend date was Friday, March 15th. Universal Health Realty Income Trust’s dividend payout ratio (DPR) is presently 247.86%.

Institutional Investors Weigh In On Universal Health Realty Income Trust

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. SG Americas Securities LLC grew its position in Universal Health Realty Income Trust by 183.9% in the third quarter. SG Americas Securities LLC now owns 9,711 shares of the real estate investment trust’s stock valued at $393,000 after acquiring an additional 6,290 shares during the last quarter. Illinois Municipal Retirement Fund bought a new position in shares of Universal Health Realty Income Trust in the 3rd quarter valued at $309,000. Quantbot Technologies LP acquired a new stake in shares of Universal Health Realty Income Trust during the third quarter valued at about $64,000. Swiss National Bank increased its stake in shares of Universal Health Realty Income Trust by 1.8% in the third quarter. Swiss National Bank now owns 28,800 shares of the real estate investment trust’s stock valued at $1,164,000 after buying an additional 500 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its holdings in Universal Health Realty Income Trust by 2.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 99,366 shares of the real estate investment trust’s stock valued at $4,017,000 after buying an additional 2,167 shares during the last quarter. 64.66% of the stock is currently owned by institutional investors.

About Universal Health Realty Income Trust

(Get Free Report)

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.

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