Y Intercept Hong Kong Ltd Makes New Investment in Universal Health Realty Income Trust $UHT

Y Intercept Hong Kong Ltd bought a new position in shares of Universal Health Realty Income Trust (NYSE:UHT) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 19,522 shares of the real estate investment trust’s stock, valued at approximately $765,000. Y Intercept Hong Kong Ltd owned approximately 0.14% of Universal Health Realty Income Trust at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in UHT. Hantz Financial Services Inc. lifted its stake 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 worth $61,000 after purchasing an additional 1,356 shares in the last quarter. Exchange Traded Concepts LLC raised its position in Universal Health Realty Income Trust by 149.0% during the third quarter. Exchange Traded Concepts LLC now owns 48,941 shares of the real estate investment trust’s stock valued at $1,917,000 after purchasing an additional 29,283 shares in the last quarter. SG Americas Securities LLC lifted its stake in Universal Health Realty Income Trust by 463.1% during the third quarter. SG Americas Securities LLC now owns 85,692 shares of the real estate investment trust’s stock worth $3,357,000 after purchasing an additional 70,475 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of 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 worth $35,000 after purchasing an additional 448 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of Universal Health Realty Income Trust by 3.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 441,836 shares of the real estate investment trust’s stock valued at $17,660,000 after purchasing an additional 14,032 shares during the last quarter. Institutional investors own 64.66% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “hold (c-)” rating on shares of Universal Health Realty Income Trust in a research report on Monday, December 29th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock has an average rating of “Hold”.

Universal Health Realty Income Trust Price Performance

UHT stock opened at $40.09 on Tuesday. The stock has a market capitalization of $556.05 million, a price-to-earnings ratio of 31.08 and a beta of 0.91. The firm’s 50-day moving average price is $40.20 and its two-hundred day moving average price is $39.50. The company has a current ratio of 7.37, a quick ratio of 7.37 and a debt-to-equity ratio of 2.37. Universal Health Realty Income Trust has a 12-month low of $35.26 and a 12-month high of $43.00.

Universal Health Realty Income Trust Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd were given a $0.745 dividend. The ex-dividend date was Monday, December 22nd. This represents a $2.98 dividend on an annualized basis and a dividend yield of 7.4%. This is an increase from Universal Health Realty Income Trust’s previous quarterly dividend of $0.74. Universal Health Realty Income Trust’s dividend payout ratio is 231.01%.

About Universal Health Realty Income Trust

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.