Universal Health Realty Income Trust (NYSE:UHT) Short Interest Update

Universal Health Realty Income Trust (NYSE:UHT) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totalling 170,600 shares, an increase of 19.6% from the November 30th total of 142,700 shares. Currently, 1.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 65,200 shares, the days-to-cover ratio is currently 2.6 days.

Institutional Investors Weigh In On Universal Health Realty Income Trust

Several institutional investors have recently bought and sold shares of UHT. Farther Finance Advisors LLC increased its stake in Universal Health Realty Income Trust by 6,990.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 709 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 699 shares during the period. DekaBank Deutsche Girozentrale bought a new position in shares of Universal Health Realty Income Trust in the second quarter worth approximately $34,000. Signaturefd LLC grew its holdings in shares of Universal Health Realty Income Trust by 375.6% in the second quarter. Signaturefd LLC now owns 1,441 shares of the real estate investment trust’s stock worth $56,000 after purchasing an additional 1,138 shares during the last quarter. Coastline Trust Co purchased a new position in shares of Universal Health Realty Income Trust in the third quarter worth $92,000. Finally, Point72 Asset Management L.P. raised its holdings in Universal Health Realty Income Trust by 71.1% during the 2nd quarter. Point72 Asset Management L.P. now owns 2,395 shares of the real estate investment trust’s stock valued at $94,000 after buying an additional 995 shares during the last quarter. 64.66% of the stock is currently owned by hedge funds and other institutional investors.

Universal Health Realty Income Trust Trading Up 2.0 %

NYSE:UHT traded up $0.74 during trading hours on Tuesday, reaching $37.21. The company’s stock had a trading volume of 67,543 shares, compared to its average volume of 73,624. The company has a debt-to-equity ratio of 2.02, a quick ratio of 6.65 and a current ratio of 6.65. The firm has a market capitalization of $515.36 million, a price-to-earnings ratio of 28.40 and a beta of 0.84. The firm has a 50-day simple moving average of $40.10 and a 200-day simple moving average of $41.61. Universal Health Realty Income Trust has a 1 year low of $32.27 and a 1 year high of $47.30.

Universal Health Realty Income Trust Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be paid a $0.735 dividend. This represents a $2.94 dividend on an annualized basis and a dividend yield of 7.90%. The ex-dividend date of this dividend is Monday, December 16th. This is a positive change from Universal Health Realty Income Trust’s previous quarterly dividend of $0.73. Universal Health Realty Income Trust’s payout ratio is 224.43%.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of Universal Health Realty Income Trust from a “buy” rating to a “hold” rating in a research note on Saturday, November 2nd.

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.