State Board of Administration of Florida Retirement System Makes New $205,000 Investment in Universal Health Realty Income Trust (NYSE:UHT)

State Board of Administration of Florida Retirement System bought a new position in Universal Health Realty Income Trust (NYSE:UHT – Get Rating) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 4,297 shares of the real estate investment trust’s stock, valued at approximately $205,000.

Other hedge funds have also added to or reduced their stakes in the company. Quadrant Capital Group LLC boosted its holdings in Universal Health Realty Income Trust by 345.5% in the third quarter. Quadrant Capital Group LLC now owns 833 shares of the real estate investment trust’s stock worth $36,000 after acquiring an additional 646 shares in the last quarter. Rockefeller Capital Management L.P. boosted its holdings in Universal Health Realty Income Trust by 5,368.2% in the third quarter. Rockefeller Capital Management L.P. now owns 1,203 shares of the real estate investment trust’s stock worth $51,000 after acquiring an additional 1,181 shares in the last quarter. US Bancorp DE boosted its holdings in Universal Health Realty Income Trust by 301.9% in the third quarter. US Bancorp DE now owns 1,282 shares of the real estate investment trust’s stock worth $55,000 after acquiring an additional 963 shares in the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main bought a new stake in Universal Health Realty Income Trust in the second quarter worth $69,000. Finally, Allspring Global Investments Holdings LLC boosted its holdings in Universal Health Realty Income Trust by 708.8% in the third quarter. Allspring Global Investments Holdings LLC now owns 1,569 shares of the real estate investment trust’s stock worth $67,000 after acquiring an additional 1,375 shares in the last quarter. 63.50% of the stock is owned by institutional investors.

Universal Health Realty Income Trust Trading Up 0.5 %

Shares of NYSE:UHT opened at $44.04 on Tuesday. The company has a market cap of $607.93 million, a P/E ratio of 30.16 and a beta of 0.87. The company has a debt-to-equity ratio of 1.57, a current ratio of 2.10 and a quick ratio of 2.10. Universal Health Realty Income Trust has a 1 year low of $40.92 and a 1 year high of $57.52. The stock’s fifty day moving average price is $46.24 and its 200-day moving average price is $49.67.

Universal Health Realty Income Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 31st. Stockholders of record on Monday, March 20th were issued a dividend of $0.715 per share. This represents a $2.86 dividend on an annualized basis and a dividend yield of 6.49%. The ex-dividend date was Friday, March 17th. Universal Health Realty Income Trust’s payout ratio is currently 195.89%.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on Universal Health Realty Income Trust in a report on Thursday, May 18th. They set a “hold” rating on the stock.

Insider Activity

In other Universal Health Realty Income Trust news, CEO Alan B. Miller purchased 2,000 shares of the stock in a transaction dated Tuesday, March 7th. The shares were purchased at an average cost of $48.81 per share, with a total value of $97,620.00. Following the completion of the acquisition, the chief executive officer now directly owns 144,746 shares in the company, valued at approximately $7,065,052.26. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In other news, Director Robert F. Mccadden acquired 1,000 shares of Universal Health Realty Income Trust stock in a transaction that occurred on Friday, March 10th. The stock was bought at an average price of $48.12 per share, for a total transaction of $48,120.00. Following the completion of the transaction, the director now owns 9,046 shares in the company, valued at $435,293.52. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Alan B. Miller acquired 2,000 shares of Universal Health Realty Income Trust stock in a transaction that occurred on Tuesday, March 7th. The shares were purchased at an average price of $48.81 per share, with a total value of $97,620.00. Following the transaction, the chief executive officer now owns 144,746 shares of the company’s stock, valued at approximately $7,065,052.26. The disclosure for this purchase can be found here. Insiders have acquired a total of 5,395 shares of company stock valued at $249,156 over the last ninety days. 2.10% of the stock is currently owned by corporate insiders.

Universal Health Realty Income Trust Company Profile

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Universal Health Realty Income Trust operates as a real estate investment trust. It engages in investing and leasing healthcare and human service facilities through direct ownership or joint ventures. The firm focuses on investing in acute care hospitals, rehabilitation hospitals, sub-acute facilities, medical office buildings, free-standing emergency departments, and childcare centers.