Connor Clark & Lunn Investment Management Ltd. Purchases 9,499 Shares of Universal Health Realty Income Trust (NYSE:UHT)

Connor Clark & Lunn Investment Management Ltd. lifted its stake in Universal Health Realty Income Trust (NYSE:UHT) by 59.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,417 shares of the real estate investment trust’s stock after acquiring an additional 9,499 shares during the period. Connor Clark & Lunn Investment Management Ltd. owned approximately 0.18% of Universal Health Realty Income Trust worth $1,163,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Farther Finance Advisors LLC boosted its holdings in shares of Universal Health Realty Income Trust by 6,990.0% in the third quarter. Farther Finance Advisors LLC now owns 709 shares of the real estate investment trust’s stock worth $32,000 after acquiring 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 $34,000. Signaturefd LLC boosted 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 acquiring an additional 1,138 shares during the period. Coastline Trust Co bought a new position in shares of Universal Health Realty Income Trust in the third quarter worth $92,000. Finally, Point72 Asset Management L.P. boosted its stake in Universal Health Realty Income Trust by 71.1% during the second 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 period. 64.66% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

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

Universal Health Realty Income Trust Price Performance

NYSE:UHT opened at $42.28 on Thursday. The firm has a market capitalization of $585.58 million, a price-to-earnings ratio of 32.11 and a beta of 0.83. Universal Health Realty Income Trust has a 52-week low of $32.27 and a 52-week high of $47.30. The stock has a fifty day moving average of $42.36 and a 200 day moving average of $41.36. 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 Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 16th will be paid a dividend of $0.735 per share. This is a positive change from Universal Health Realty Income Trust’s previous quarterly dividend of $0.73. The ex-dividend date of this dividend is Monday, December 16th. This represents a $2.94 annualized dividend and a yield of 6.95%. Universal Health Realty Income Trust’s dividend payout ratio (DPR) is currently 222.90%.

Universal Health Realty Income Trust 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.