Universal Health Realty Income Trust (NYSE:UHT) Director Buys $74,760.00 in Stock

Universal Health Realty Income Trust (NYSE:UHT) Director Robert F. Mccadden bought 2,000 shares of the firm’s stock in a transaction dated Thursday, May 9th. The shares were acquired at an average price 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 in the company, valued at approximately $435,252.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Universal Health Realty Income Trust Trading Up 1.2 %

Shares of UHT stock traded up $0.45 during trading hours on Thursday, reaching $37.58. 70,988 shares of the stock were exchanged, compared to its average volume of 90,339. Universal Health Realty Income Trust has a 12-month low of $32.27 and a 12-month high of $49.64. The company has a current ratio of 8.06, a quick ratio of 7.57 and a debt-to-equity ratio of 1.86. The company’s 50-day moving average price is $35.82 and its 200-day moving average price is $39.21. The firm has a market capitalization of $519.54 million, a price-to-earnings ratio of 31.74 and a beta of 0.76.

Universal Health Realty Income Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Monday, March 18th were paid a dividend of $0.725 per share. The ex-dividend date was Friday, March 15th. This represents a $2.90 dividend on an annualized basis and a dividend yield of 7.72%. Universal Health Realty Income Trust’s dividend payout ratio is presently 247.86%.

Hedge Funds Weigh In On Universal Health Realty Income Trust

Large investors have recently made changes to their positions in the company. Van ECK Associates Corp boosted its position in Universal Health Realty Income Trust by 19.6% in the 4th 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. Illinois Municipal Retirement Fund boosted its position in Universal Health Realty Income Trust by 5.4% in the 1st quarter. Illinois Municipal Retirement Fund now owns 7,404 shares of the real estate investment trust’s stock valued at $272,000 after buying an additional 382 shares during the period. Sumitomo Mitsui Trust Holdings Inc. boosted its position in Universal Health Realty Income Trust by 2.8% in the 4th quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 14,916 shares of the real estate investment trust’s stock valued at $645,000 after buying an additional 413 shares during the period. Swiss National Bank boosted its position in Universal Health Realty Income Trust by 1.8% in the 3rd quarter. Swiss National Bank now owns 28,800 shares of the real estate investment trust’s stock valued at $1,164,000 after buying an additional 500 shares during the period. Finally, WealthTrust Axiom LLC lifted its position in shares of Universal Health Realty Income Trust by 2.3% in the 4th quarter. WealthTrust Axiom LLC now owns 42,284 shares of the real estate investment trust’s stock worth $1,829,000 after purchasing an additional 963 shares during the period. 64.66% of the stock is owned by hedge funds and other institutional investors.

About Universal Health Realty Income Trust

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.