Universal Health Realty Income Trust (UHT) Shares Bought by Legal & General Group Plc

Legal & General Group Plc increased its stake in Universal Health Realty Income Trust (NYSE:UHT) by 8.1% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 54,431 shares of the real estate investment trust’s stock after acquiring an additional 4,099 shares during the quarter. Legal & General Group Plc owned 0.40% of Universal Health Realty Income Trust worth $4,328,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Greenleaf Trust bought a new stake in shares of Universal Health Realty Income Trust in the 2nd quarter valued at $609,000. Great West Life Assurance Co. Can increased its stake in shares of Universal Health Realty Income Trust by 2.7% in the 2nd quarter. Great West Life Assurance Co. Can now owns 23,968 shares of the real estate investment trust’s stock valued at $1,905,000 after acquiring an additional 640 shares in the last quarter. National Planning Corp increased its stake in shares of Universal Health Realty Income Trust by 2.8% in the 2nd quarter. National Planning Corp now owns 8,222 shares of the real estate investment trust’s stock valued at $676,000 after acquiring an additional 225 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its stake in shares of Universal Health Realty Income Trust by 9.4% in the 2nd quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 1,931 shares of the real estate investment trust’s stock valued at $154,000 after acquiring an additional 166 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. increased its stake in shares of Universal Health Realty Income Trust by 7.4% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 127,121 shares of the real estate investment trust’s stock valued at $10,112,000 after acquiring an additional 8,726 shares in the last quarter. Institutional investors own 59.16% of the company’s stock.

Shares of Universal Health Realty Income Trust (UHT) opened at 74.55 on Wednesday. The company has a market cap of $1.01 billion, a price-to-earnings ratio of 23.08 and a beta of 0.34. Universal Health Realty Income Trust has a 1-year low of $54.06 and a 1-year high of $84.90. The stock has a 50 day moving average of $75.99 and a 200 day moving average of $72.32.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Monday, September 18th will be paid a $0.66 dividend. This represents a $2.64 dividend on an annualized basis and a yield of 3.54%. The ex-dividend date is Friday, September 15th. Universal Health Realty Income Trust’s payout ratio is 81.73%.

Separately, BidaskClub upgraded shares of Universal Health Realty Income Trust from a “hold” rating to a “buy” rating in a research note on Wednesday, June 14th.

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About Universal Health Realty Income Trust

Universal Health Realty Income Trust is a real estate investment trust (REIT). The Company invests in healthcare and human service related facilities, including acute care hospitals, rehabilitation hospitals, sub-acute facilities, surgery centers, free-standing emergency departments, childcare centers and medical office buildings (MOBs).

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Institutional Ownership by Quarter for Universal Health Realty Income Trust (NYSE:UHT)

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