Bailard Inc. Takes Position in Universal Health Realty Income Trust $UHT

Bailard Inc. bought a new stake in shares of Universal Health Realty Income Trust (NYSE:UHT) in the fourth quarter, Holdings Channel reports. The institutional investor bought 13,800 shares of the real estate investment trust’s stock, valued at approximately $541,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Ballentine Partners LLC bought a new position in shares of Universal Health Realty Income Trust during the 4th quarter valued at approximately $232,000. Horizon Investments LLC boosted its position in shares of Universal Health Realty Income Trust by 5.5% during the 4th quarter. Horizon Investments LLC now owns 15,147 shares of the real estate investment trust’s stock valued at $594,000 after acquiring an additional 790 shares during the last quarter. Independent Wealth Network Inc. purchased a new position in shares of Universal Health Realty Income Trust in the 4th quarter worth approximately $369,000. Farther Finance Advisors LLC increased its position in shares of Universal Health Realty Income Trust by 72.6% during the 4th quarter. Farther Finance Advisors LLC now owns 1,246 shares of the real estate investment trust’s stock valued at $49,000 after purchasing an additional 524 shares during the last quarter. Finally, State of Alaska Department of Revenue increased its position in shares of Universal Health Realty Income Trust by 12.2% during the 4th quarter. State of Alaska Department of Revenue now owns 14,995 shares of the real estate investment trust’s stock valued at $585,000 after purchasing an additional 1,628 shares during the last quarter. 64.66% of the stock is currently owned by institutional investors.

Universal Health Realty Income Trust Price Performance

UHT opened at $40.67 on Friday. The business has a fifty day moving average of $41.57 and a 200 day moving average of $40.89. Universal Health Realty Income Trust has a 52-week low of $35.26 and a 52-week high of $44.70. The company has a quick ratio of 6.14, a current ratio of 6.14 and a debt-to-equity ratio of 2.56. The stock has a market cap of $564.50 million, a P/E ratio of 31.77 and a beta of 0.83.

Universal Health Realty Income Trust (NYSE:UHT) last posted its quarterly earnings data on Monday, April 27th. The real estate investment trust reported $0.36 earnings per share (EPS) for the quarter. Universal Health Realty Income Trust had a return on equity of 11.44% and a net margin of 18.00%.The company had revenue of $24.53 million during the quarter.

Universal Health Realty Income Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 23rd were issued a dividend of $0.745 per share. The ex-dividend date was Monday, March 23rd. This represents a $2.98 dividend on an annualized basis and a yield of 7.3%. Universal Health Realty Income Trust’s payout ratio is presently 232.81%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Universal Health Realty Income Trust in a report on Wednesday, April 15th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Universal Health Realty Income Trust currently has a consensus rating of “Hold”.

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.