Insider Buying: Universal Health Realty Income Trust (NYSE:UHT) CEO Acquires $453,383.94 in Stock

Universal Health Realty Income Trust (NYSE:UHT) CEO Alan Miller bought 12,247 shares of the business’s stock in a transaction that occurred on Wednesday, October 29th. The stock was acquired at an average cost of $37.02 per share, for a total transaction of $453,383.94. Following the completion of the purchase, the chief executive officer directly owned 182,104 shares of the company’s stock, valued at $6,741,490.08. The trade was a 7.21% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Universal Health Realty Income Trust Stock Performance

Universal Health Realty Income Trust stock opened at $38.22 on Friday. The stock’s 50 day simple moving average is $38.81 and its two-hundred day simple moving average is $39.40. The company has a debt-to-equity ratio of 2.37, a quick ratio of 7.25 and a current ratio of 7.37. The stock has a market cap of $530.15 million, a price-to-earnings ratio of 29.63 and a beta of 0.98. Universal Health Realty Income Trust has a fifty-two week low of $34.56 and a fifty-two week high of $43.38.

Universal Health Realty Income Trust (NYSE:UHT) last issued its quarterly earnings results on Monday, October 27th. The real estate investment trust reported $0.88 EPS for the quarter. Universal Health Realty Income Trust had a return on equity of 10.63% and a net margin of 18.06%.The firm had revenue of $25.30 million for the quarter.

Universal Health Realty Income Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 22nd were given a $0.74 dividend. This represents a $2.96 dividend on an annualized basis and a dividend yield of 7.7%. The ex-dividend date of this dividend was Monday, September 22nd. Universal Health Realty Income Trust’s payout ratio is currently 229.46%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “hold (c-)” rating on shares of Universal Health Realty Income Trust in a research report on Thursday. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Universal Health Realty Income Trust presently has an average rating of “Hold”.

Hedge Funds Weigh In On Universal Health Realty Income Trust

Several hedge funds and other institutional investors have recently added to or reduced their stakes in UHT. GAMMA Investing LLC lifted its position in Universal Health Realty Income Trust by 101.8% in the 2nd quarter. GAMMA Investing LLC now owns 888 shares of the real estate investment trust’s stock valued at $35,000 after acquiring an additional 448 shares in the last quarter. Tower Research Capital LLC TRC lifted its position in Universal Health Realty Income Trust by 130.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,063 shares of the real estate investment trust’s stock valued at $42,000 after acquiring an additional 602 shares in the last quarter. Versant Capital Management Inc lifted its position in Universal Health Realty Income Trust by 848.8% in the 3rd quarter. Versant Capital Management Inc now owns 1,167 shares of the real estate investment trust’s stock valued at $46,000 after acquiring an additional 1,044 shares in the last quarter. Hantz Financial Services Inc. lifted its position in Universal Health Realty Income Trust by 842.2% in the 2nd quarter. Hantz Financial Services Inc. now owns 1,517 shares of the real estate investment trust’s stock valued at $61,000 after acquiring an additional 1,356 shares in the last quarter. Finally, CWM LLC lifted its position in Universal Health Realty Income Trust by 40.7% in the 1st quarter. CWM LLC now owns 2,170 shares of the real estate investment trust’s stock valued at $89,000 after acquiring an additional 628 shares in the last quarter. 64.66% of the stock is owned by institutional investors.

Universal Health Realty Income Trust Company 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.