Universal Health Realty Income Trust (NYSE:UHT - Get Free Report) Director Robert F. Mccadden purchased 2,000 shares of the stock in a transaction that occurred on Thursday, May 9th. The stock was purchased at an average price of $37.38 per share, for a total transaction of $74,760.00. Following the acquisition, the director now owns 11,644 shares in the company, valued at $435,252.72. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Universal Health Realty Income Trust Stock Down 0.7 %
Shares of NYSE UHT traded down $0.27 during midday trading on Friday, reaching $37.31. 6,174 shares of the company's stock were exchanged, compared to its average volume of 89,398. The stock has a market capitalization of $515.81 million, a PE ratio of 32.12 and a beta of 0.76. The business's fifty day moving average price is $35.79 and its two-hundred day moving average price is $39.20. The company has a debt-to-equity ratio of 1.86, a quick ratio of 7.57 and a current ratio of 8.06. Universal Health Realty Income Trust has a 52-week low of $32.27 and a 52-week high of $49.64.
Universal Health Realty Income Trust Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Monday, March 18th were paid a dividend of $0.725 per share. This represents a $2.90 annualized dividend and a yield of 7.77%. The ex-dividend date was Friday, March 15th. Universal Health Realty Income Trust's payout ratio is currently 247.86%.
Hedge Funds Weigh In On Universal Health Realty Income Trust
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Several hedge funds have recently made changes to their positions in UHT. Quantbot Technologies LP acquired a new position in Universal Health Realty Income Trust in the 3rd quarter valued at approximately $64,000. Van ECK Associates Corp grew its position in Universal Health Realty Income Trust by 19.6% in the 4th quarter. Van ECK Associates Corp now owns 1,803 shares of the real estate investment trust's stock worth $78,000 after purchasing an additional 296 shares during the last quarter. Quest Partners LLC bought a new stake in Universal Health Realty Income Trust in the fourth quarter valued at about $154,000. State Board of Administration of Florida Retirement System bought a new stake in shares of Universal Health Realty Income Trust during the first quarter worth $158,000. Finally, Denali Advisors LLC raised its position in shares of Universal Health Realty Income Trust by 58.8% in the 1st quarter. Denali Advisors LLC now owns 5,400 shares of the real estate investment trust's stock valued at $198,000 after acquiring an additional 2,000 shares during the period. Institutional investors and hedge funds own 64.66% of the company's stock.
Universal Health Realty Income Trust Company Profile
(
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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