Universal Health Realty Income Trust (NYSE:UHT) Sees Significant Drop in Short Interest

Universal Health Realty Income Trust (NYSE:UHTGet Free Report) saw a large decline in short interest in May. As of May 31st, there was short interest totalling 166,500 shares, a decline of 25.6% from the May 15th total of 223,900 shares. Based on an average daily trading volume, of 94,000 shares, the short-interest ratio is presently 1.8 days. Approximately 1.3% of the shares of the stock are sold short.

Universal Health Realty Income Trust Trading Down 0.1 %

Shares of Universal Health Realty Income Trust stock traded down $0.05 on Friday, reaching $38.71. 77,751 shares of the company were exchanged, compared to its average volume of 53,873. The stock has a fifty day moving average price of $36.38 and a 200-day moving average price of $38.91. The firm has a market capitalization of $535.17 million, a price-to-earnings ratio of 33.09 and a beta of 0.80. The company has a current ratio of 8.06, a quick ratio of 8.06 and a debt-to-equity ratio of 1.86. Universal Health Realty Income Trust has a fifty-two week low of $32.27 and a fifty-two week high of $49.49.

Universal Health Realty Income Trust Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Monday, June 17th will be given a dividend of $0.73 per share. The ex-dividend date is Friday, June 14th. This is a positive change from Universal Health Realty Income Trust’s previous quarterly dividend of $0.73. This represents a $2.92 dividend on an annualized basis and a dividend yield of 7.54%. Universal Health Realty Income Trust’s payout ratio is 249.57%.

Insider Transactions at Universal Health Realty Income Trust

In other news, CEO Alan B. Miller acquired 6,000 shares of the company’s stock in a transaction dated Friday, April 26th. The shares were bought at an average price of $34.65 per share, with a total value of $207,900.00. Following the purchase, the chief executive officer now owns 157,753 shares of the company’s stock, valued at $5,466,141.45. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other news, CEO Alan B. Miller acquired 6,000 shares of the company’s stock in a transaction dated Friday, April 26th. The shares were bought at an average price of $34.65 per share, with a total value of $207,900.00. Following the purchase, the chief executive officer now owns 157,753 shares of the company’s stock, valued at $5,466,141.45. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Robert F. Mccadden bought 2,000 shares of the business’s stock in a transaction dated Thursday, May 9th. The shares were bought at an average cost of $37.38 per share, for a total transaction of $74,760.00. Following the completion of the transaction, the director now directly owns 11,644 shares of the company’s stock, valued at $435,252.72. The disclosure for this purchase can be found here. Company insiders own 2.20% of the company’s stock.

Institutional Investors Weigh In On Universal Health Realty Income Trust

A number of institutional investors and hedge funds have recently modified their holdings of UHT. Quantbot Technologies LP acquired a new position in Universal Health Realty Income Trust during the third quarter valued at $64,000. Van ECK Associates Corp raised its position in Universal Health Realty Income Trust by 19.6% during the fourth quarter. Van ECK Associates Corp now owns 1,803 shares of the real estate investment trust’s stock valued at $78,000 after buying an additional 296 shares during the period. Quest Partners LLC acquired a new position in Universal Health Realty Income Trust during the fourth quarter valued at $154,000. State Board of Administration of Florida Retirement System acquired a new position in Universal Health Realty Income Trust during the first quarter valued at $158,000. Finally, Denali Advisors LLC raised its position in Universal Health Realty Income Trust by 58.8% during the first quarter. Denali Advisors LLC now owns 5,400 shares of the real estate investment trust’s stock valued at $198,000 after buying an additional 2,000 shares during the period. 64.66% of the stock is owned by institutional investors and hedge funds.

About Universal Health Realty Income Trust

(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.

See Also

Receive News & Ratings for Universal Health Realty Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Universal Health Realty Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.