Shares of Universal Health Realty Income Trust (NYSE:UHT – Get Free Report) fell 4.7% during trading on Monday . The company traded as low as $39.16 and last traded at $39.2470. 55,418 shares changed hands during trading, a decline of 13% from the average session volume of 63,748 shares. The stock had previously closed at $41.20.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Universal Health Realty Income Trust in a research note on Wednesday, April 15th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has a consensus rating of “Hold”.
Check Out Our Latest Report on Universal Health Realty Income Trust
Universal Health Realty Income Trust Stock Down 5.5%
Universal Health Realty Income Trust (NYSE:UHT – Get Free Report) last posted its earnings results on Monday, April 27th. The real estate investment trust reported $0.36 earnings per share for the quarter. The company had revenue of $24.53 million for the quarter. Universal Health Realty Income Trust had a net margin of 18.00% and a return on equity of 11.44%.
Universal Health Realty Income Trust Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 23rd were issued a $0.745 dividend. This represents a $2.98 annualized dividend and a yield of 7.7%. The ex-dividend date was Monday, March 23rd. Universal Health Realty Income Trust’s payout ratio is presently 232.81%.
Hedge Funds Weigh In On Universal Health Realty Income Trust
Several large investors have recently made changes to their positions in UHT. AQR Capital Management LLC increased its position in shares of Universal Health Realty Income Trust by 4.7% in the 1st quarter. AQR Capital Management LLC now owns 24,789 shares of the real estate investment trust’s stock valued at $1,015,000 after purchasing an additional 1,120 shares during the last quarter. Goldman Sachs Group Inc. increased its position in shares of Universal Health Realty Income Trust by 29.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 95,865 shares of the real estate investment trust’s stock valued at $3,927,000 after purchasing an additional 21,708 shares during the last quarter. Jane Street Group LLC increased its position in shares of Universal Health Realty Income Trust by 41.4% in the 1st quarter. Jane Street Group LLC now owns 24,493 shares of the real estate investment trust’s stock valued at $1,003,000 after purchasing an additional 7,175 shares during the last quarter. Strs Ohio purchased a new stake in shares of Universal Health Realty Income Trust in the 1st quarter valued at approximately $102,000. Finally, Creative Planning increased its position in shares of Universal Health Realty Income Trust by 21.1% in the 2nd quarter. Creative Planning now owns 10,877 shares of the real estate investment trust’s stock valued at $435,000 after purchasing an additional 1,896 shares during the last quarter. 64.66% of the stock is currently owned by institutional investors and hedge funds.
Universal Health Realty Income Trust Company Profile
Universal Health Realty Income Trust (NYSE: UHT) is a real estate investment trust specializing in the ownership, financing and development of healthcare-related properties. The company’s primary focus is on sale-leaseback and build-to-suit transactions with hospitals, healthcare systems and senior living operators. Its portfolio includes medical office buildings, hospitals, outpatient facilities, senior housing communities and life science research facilities, all structured to provide long-term, triple-net leases with established healthcare providers.
UHT’s real estate holdings are diversified across key markets throughout the United States, from major metropolitan areas to growing suburban regions.
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