Universal Health Realty Income Trust (NYSE:UHT) CEO Alan B. Miller Buys 6,000 Shares

Universal Health Realty Income Trust (NYSE:UHT) CEO Alan B. Miller purchased 6,000 shares of the firm’s stock in a transaction that occurred on Friday, April 26th. The shares were bought at an average cost of $34.65 per share, for a total transaction of $207,900.00. Following the completion of the acquisition, the chief executive officer now directly owns 157,753 shares in the company, valued at approximately $5,466,141.45. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Universal Health Realty Income Trust Stock Up 1.5 %

NYSE UHT traded up $0.50 during trading on Friday, hitting $34.66. The company’s stock had a trading volume of 50,502 shares, compared to its average volume of 94,020. Universal Health Realty Income Trust has a fifty-two week low of $32.27 and a fifty-two week high of $49.64. The company has a market cap of $479.00 million, a PE ratio of 29.57 and a beta of 0.78. The business’s 50 day simple moving average is $36.67 and its 200-day simple moving average is $39.41. The company has a debt-to-equity ratio of 1.79, a current ratio of 7.57 and a quick ratio of 7.57.

Universal Health Realty Income Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Monday, March 18th were given a dividend of $0.725 per share. This represents a $2.90 dividend on an annualized basis and a yield of 8.37%. The ex-dividend date was Friday, March 15th. Universal Health Realty Income Trust’s dividend payout ratio (DPR) is presently 247.87%.

Hedge Funds Weigh In On Universal Health Realty Income Trust

Several institutional investors have recently bought and sold shares of the stock. Van ECK Associates Corp grew its holdings in shares of Universal Health Realty Income Trust by 19.6% during the 4th quarter. Van ECK Associates Corp now owns 1,803 shares of the real estate investment trust’s stock valued at $78,000 after purchasing an additional 296 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. raised its holdings in shares of Universal Health Realty Income Trust by 2.8% during the 4th quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 14,916 shares of the real estate investment trust’s stock worth $645,000 after acquiring an additional 413 shares during the period. Swiss National Bank boosted its holdings in shares of Universal Health Realty Income Trust by 1.8% in the third quarter. Swiss National Bank now owns 28,800 shares of the real estate investment trust’s stock valued at $1,164,000 after acquiring an additional 500 shares during the period. State of Alaska Department of Revenue increased its position in Universal Health Realty Income Trust by 4.3% during the 3rd quarter. State of Alaska Department of Revenue now owns 14,003 shares of the real estate investment trust’s stock worth $565,000 after purchasing an additional 583 shares in the last quarter. Finally, WealthTrust Axiom LLC increased its holdings in Universal Health Realty Income Trust by 2.3% during the 4th quarter. WealthTrust Axiom LLC now owns 42,284 shares of the real estate investment trust’s stock worth $1,829,000 after purchasing an additional 963 shares during the last quarter. 64.66% of the stock is currently owned by institutional investors.

About Universal Health Realty Income Trust

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.