Los Angeles Capital Management LLC Buys 2,730 Shares of Universal Health Realty Income Trust (NYSE:UHT)

Los Angeles Capital Management LLC boosted its stake in Universal Health Realty Income Trust (NYSE:UHT) by 12.2% in the third quarter, HoldingsChannel reports. The firm owned 25,117 shares of the real estate investment trust’s stock after acquiring an additional 2,730 shares during the period. Los Angeles Capital Management LLC’s holdings in Universal Health Realty Income Trust were worth $1,149,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Asset Management One Co. Ltd. increased its stake in shares of Universal Health Realty Income Trust by 5.0% in the 3rd quarter. Asset Management One Co. Ltd. now owns 19,070 shares of the real estate investment trust’s stock valued at $872,000 after acquiring an additional 907 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in Universal Health Realty Income Trust by 6,990.0% in the third quarter. Farther Finance Advisors LLC now owns 709 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 699 shares during the period. Creative Planning boosted its position in shares of Universal Health Realty Income Trust by 12.7% during the third quarter. Creative Planning now owns 10,661 shares of the real estate investment trust’s stock worth $488,000 after purchasing an additional 1,205 shares in the last quarter. Code Waechter LLC acquired a new position in shares of Universal Health Realty Income Trust in the 3rd quarter valued at $1,070,000. Finally, SG Americas Securities LLC bought a new stake in shares of Universal Health Realty Income Trust in the 3rd quarter valued at $328,000. Institutional investors and hedge funds own 64.66% of the company’s stock.

Universal Health Realty Income Trust Price Performance

Shares of UHT opened at $40.74 on Friday. The stock has a 50 day simple moving average of $43.08 and a 200 day simple moving average of $41.07. Universal Health Realty Income Trust has a 52-week low of $32.27 and a 52-week high of $47.30. The company has a debt-to-equity ratio of 2.02, a quick ratio of 7.93 and a current ratio of 6.65. The firm has a market capitalization of $564.25 million, a PE ratio of 31.10 and a beta of 0.83.

Universal Health Realty Income Trust Announces Dividend

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

Wall Street Analyst Weigh In

Separately, StockNews.com lowered 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 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.