Farther Finance Advisors LLC Buys 699 Shares of Universal Health Realty Income Trust (NYSE:UHT)

Farther Finance Advisors LLC increased its stake in shares of Universal Health Realty Income Trust (NYSE:UHT) by 6,990.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 709 shares of the real estate investment trust’s stock after acquiring an additional 699 shares during the quarter. Farther Finance Advisors LLC’s holdings in Universal Health Realty Income Trust were worth $32,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of the stock. CANADA LIFE ASSURANCE Co increased its position in Universal Health Realty Income Trust by 1.3% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 25,236 shares of the real estate investment trust’s stock valued at $926,000 after purchasing an additional 336 shares during the period. Illinois Municipal Retirement Fund lifted its stake in shares of Universal Health Realty Income Trust by 5.4% in the 1st quarter. Illinois Municipal Retirement Fund now owns 7,404 shares of the real estate investment trust’s stock valued at $272,000 after purchasing an additional 382 shares during the period. DekaBank Deutsche Girozentrale bought a new stake in shares of Universal Health Realty Income Trust during the second quarter valued at approximately $34,000. Point72 Asset Management L.P. raised its holdings in 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 in the last quarter. Finally, Rhumbline Advisers raised its holdings in Universal Health Realty Income Trust by 3.1% in the second quarter. Rhumbline Advisers now owns 33,370 shares of the real estate investment trust’s stock worth $1,306,000 after purchasing an additional 1,014 shares in the last quarter. 64.66% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of Universal Health Realty Income Trust from a “buy” rating to a “hold” rating in a research report on Saturday, November 2nd.

Universal Health Realty Income Trust Stock Performance

Universal Health Realty Income Trust stock opened at $40.74 on Friday. 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 7.93, a current ratio of 6.65 and a debt-to-equity ratio of 2.02. The company has a market capitalization of $564.25 million, a P/E ratio of 31.10 and a beta of 0.83. The stock’s 50 day moving average is $43.08 and its 200 day moving average is $41.07.

Universal Health Realty Income Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, September 16th were paid a $0.73 dividend. The ex-dividend date of this dividend was Monday, September 16th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 7.17%. Universal Health Realty Income Trust’s dividend payout ratio is currently 222.90%.

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.