11,625 Shares in Universal Health Realty Income Trust (NYSE:UHT) Acquired by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC bought a new position in shares of Universal Health Realty Income Trust (NYSE:UHT – Get Rating) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 11,625 shares of the real estate investment trust’s stock, valued at approximately $502,000.

Several other large investors have also added to or reduced their stakes in UHT. Advisor Group Holdings Inc. grew its stake in Universal Health Realty Income Trust by 3.7% during the first quarter. Advisor Group Holdings Inc. now owns 5,620 shares of the real estate investment trust’s stock worth $386,000 after purchasing an additional 203 shares during the period. Raymond James Financial Services Advisors Inc. grew its stake in Universal Health Realty Income Trust by 6.2% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 13,579 shares of the real estate investment trust’s stock worth $793,000 after purchasing an additional 794 shares during the period. Bank of New York Mellon Corp grew its stake in Universal Health Realty Income Trust by 0.9% during the first quarter. Bank of New York Mellon Corp now owns 388,525 shares of the real estate investment trust’s stock worth $22,680,000 after purchasing an additional 3,633 shares during the period. American Century Companies Inc. grew its stake in Universal Health Realty Income Trust by 5.9% during the first quarter. American Century Companies Inc. now owns 7,698 shares of the real estate investment trust’s stock worth $449,000 after purchasing an additional 430 shares during the period. Finally, MetLife Investment Management LLC grew its stake in Universal Health Realty Income Trust by 55.5% during the first quarter. MetLife Investment Management LLC now owns 6,628 shares of the real estate investment trust’s stock worth $387,000 after purchasing an additional 2,365 shares during the period. Institutional investors and hedge funds own 63.50% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on Universal Health Realty Income Trust in a report on Wednesday, October 12th. They issued a “hold” rating on the stock.

Universal Health Realty Income Trust Stock Up 0.8 %

Shares of NYSE:UHT opened at $52.62 on Monday. The business’s 50 day simple moving average is $50.36 and its two-hundred day simple moving average is $49.62. The firm has a market cap of $726.26 million, a P/E ratio of 6.77 and a beta of 0.83. The company has a debt-to-equity ratio of 1.46, a quick ratio of 7.53 and a current ratio of 7.53. Universal Health Realty Income Trust has a 52-week low of $40.92 and a 52-week high of $60.70.

Universal Health Realty Income Trust Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 30th. Shareholders of record on Friday, December 16th were issued a $0.715 dividend. The ex-dividend date was Thursday, December 15th. This represents a $2.86 annualized dividend and a yield of 5.44%. This is a positive change from Universal Health Realty Income Trust’s previous quarterly dividend of $0.71. Universal Health Realty Income Trust’s dividend payout ratio is presently 36.81%.

Universal Health Realty Income Trust Company Profile

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Universal Health Realty Income Trust, a real estate investment trust, invests in healthcare and human service related facilities including acute care hospitals, rehabilitation hospitals, sub-acute care facilities, medical/office buildings, free-standing emergency departments and childcare centers. We have investments in seventy-one properties located in twenty states, including two that are currently under construction.