Penserra Capital Management LLC boosted its position in shares of Universal Health Realty Income Trust (NYSE:UHT – Free Report) by 22.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 26,101 shares of the real estate investment trust’s stock after purchasing an additional 4,805 shares during the quarter. Penserra Capital Management LLC owned about 0.19% of Universal Health Realty Income Trust worth $1,194,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also bought and sold shares of UHT. Farther Finance Advisors LLC grew its holdings in shares of Universal Health Realty Income Trust by 6,990.0% during the third quarter. Farther Finance Advisors LLC now owns 709 shares of the real estate investment trust’s stock valued at $32,000 after buying an additional 699 shares during the last quarter. DekaBank Deutsche Girozentrale purchased a new stake in Universal Health Realty Income Trust during the 2nd quarter valued at $34,000. Signaturefd LLC boosted its stake in Universal Health Realty Income Trust by 375.6% during the 2nd 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 last quarter. Coastline Trust Co bought a new stake in shares of Universal Health Realty Income Trust in the 3rd quarter worth $92,000. Finally, Point72 Asset Management L.P. raised its stake in shares of Universal Health Realty Income Trust by 71.1% in the second quarter. Point72 Asset Management L.P. now owns 2,395 shares of the real estate investment trust’s stock worth $94,000 after purchasing an additional 995 shares during the last quarter. 64.66% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
Separately, StockNews.com downgraded 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 Stock Up 2.8 %
UHT opened at $42.06 on Wednesday. The stock has a market capitalization of $582.53 million, a price-to-earnings ratio of 31.98 and a beta of 0.83. The firm has a 50 day moving average price of $42.44 and a 200-day moving average price of $41.33. Universal Health Realty Income Trust has a twelve month low of $32.27 and a twelve month high of $47.30. The company has a quick ratio of 6.65, a current ratio of 6.65 and a debt-to-equity ratio of 2.02.
Universal Health Realty Income Trust Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be issued a dividend of $0.735 per share. This represents a $2.94 annualized dividend and a dividend yield of 6.99%. This is a boost from Universal Health Realty Income Trust’s previous quarterly dividend of $0.73. The ex-dividend date is Monday, December 16th. Universal Health Realty Income Trust’s dividend payout ratio is presently 222.90%.
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.
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