Raymond James Financial Services Advisors Inc. Reduces Position in Universal Health Realty Income Trust (NYSE:UHT)

Raymond James Financial Services Advisors Inc. cut its position in shares of Universal Health Realty Income Trust (NYSE:UHT) by 3.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 11,964 shares of the real estate investment trust’s stock after selling 415 shares during the period. Raymond James Financial Services Advisors Inc. owned approximately 0.09% of Universal Health Realty Income Trust worth $517,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in UHT. Invesco Ltd. boosted its stake in shares of Universal Health Realty Income Trust by 411.1% during the 1st quarter. Invesco Ltd. now owns 173,893 shares of the real estate investment trust’s stock worth $10,150,000 after purchasing an additional 139,873 shares during the period. Norges Bank purchased a new position in shares of Universal Health Realty Income Trust during the 4th quarter worth about $5,129,000. State Street Corp boosted its position in Universal Health Realty Income Trust by 11.3% in the 1st quarter. State Street Corp now owns 822,114 shares of the real estate investment trust’s stock valued at $47,987,000 after buying an additional 83,770 shares during the period. BlackRock Inc. boosted its position in Universal Health Realty Income Trust by 3.2% in the 2nd quarter. BlackRock Inc. now owns 2,378,915 shares of the real estate investment trust’s stock valued at $113,189,000 after buying an additional 74,108 shares during the period. Finally, Stifel Financial Corp boosted its position in Universal Health Realty Income Trust by 124.9% in the 3rd quarter. Stifel Financial Corp now owns 101,961 shares of the real estate investment trust’s stock valued at $4,122,000 after buying an additional 56,624 shares during the period. 64.66% of the stock is owned by hedge funds and other institutional investors.

Universal Health Realty Income Trust Price Performance

Universal Health Realty Income Trust stock opened at $33.47 on Friday. The stock has a market cap of $462.69 million, a price-to-earnings ratio of 30.15 and a beta of 0.78. The company has a debt-to-equity ratio of 1.79, a current ratio of 7.57 and a quick ratio of 7.57. Universal Health Realty Income Trust has a 1 year low of $32.27 and a 1 year high of $49.64. The firm has a 50-day moving average of $37.10 and a two-hundred day moving average of $39.60.

Universal Health Realty Income Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Monday, March 18th were given a $0.725 dividend. The ex-dividend date was Friday, March 15th. This represents a $2.90 annualized dividend and a yield of 8.66%. Universal Health Realty Income Trust’s dividend payout ratio (DPR) is 261.26%.

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.