JPMorgan Chase & Co. grew its stake in Universal Health Realty Income Trust (NYSE:UHT – Free Report) by 39.3% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 113,962 shares of the real estate investment trust’s stock after buying an additional 32,128 shares during the quarter. JPMorgan Chase & Co.’s holdings in Universal Health Realty Income Trust were worth $4,241,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in UHT. State Street Corp lifted its holdings in Universal Health Realty Income Trust by 2.0% in the 3rd quarter. State Street Corp now owns 591,170 shares of the real estate investment trust’s stock worth $27,046,000 after purchasing an additional 11,520 shares during the last quarter. Bank of New York Mellon Corp grew its stake in Universal Health Realty Income Trust by 42.5% in the 4th quarter. Bank of New York Mellon Corp now owns 336,183 shares of the real estate investment trust’s stock valued at $12,509,000 after buying an additional 100,325 shares during the last quarter. Geode Capital Management LLC raised its holdings in Universal Health Realty Income Trust by 1.5% in the 3rd quarter. Geode Capital Management LLC now owns 332,429 shares of the real estate investment trust’s stock worth $15,212,000 after acquiring an additional 5,037 shares during the period. Charles Schwab Investment Management Inc. lifted its position in Universal Health Realty Income Trust by 1.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 120,764 shares of the real estate investment trust’s stock worth $4,494,000 after acquiring an additional 2,241 shares during the last quarter. Finally, Principal Financial Group Inc. boosted its holdings in Universal Health Realty Income Trust by 3.8% during the fourth quarter. Principal Financial Group Inc. now owns 67,289 shares of the real estate investment trust’s stock valued at $2,504,000 after acquiring an additional 2,458 shares during the period. Institutional investors own 64.66% of the company’s stock.
Universal Health Realty Income Trust Trading Up 0.7 %
Universal Health Realty Income Trust stock opened at $38.38 on Friday. The business’s 50-day simple moving average is $39.69 and its 200-day simple moving average is $39.69. Universal Health Realty Income Trust has a 52 week low of $33.08 and a 52 week high of $47.30. The firm has a market capitalization of $531.60 million, a PE ratio of 29.30 and a beta of 0.85. The company has a debt-to-equity ratio of 2.02, a quick ratio of 6.65 and a current ratio of 6.65.
Universal Health Realty Income Trust Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 24th were given a $0.735 dividend. The ex-dividend date was Monday, March 24th. This represents a $2.94 annualized dividend and a yield of 7.66%. Universal Health Realty Income Trust’s dividend payout ratio is 211.51%.
Universal Health Realty Income Trust Company Profile
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.
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