Penserra Capital Management LLC Increases Position in Universal Health Realty Income Trust (NYSE:UHT)

Penserra Capital Management LLC lifted its position in shares of Universal Health Realty Income Trust (NYSE:UHT) by 22.6% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 26,101 shares of the real estate investment trust’s stock after buying an additional 4,805 shares during the quarter. Penserra Capital Management LLC’s holdings in Universal Health Realty Income Trust were worth $1,194,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of UHT. Farther Finance Advisors LLC lifted its position 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 valued at $32,000 after acquiring an additional 699 shares in the last quarter. DekaBank Deutsche Girozentrale bought a new stake in Universal Health Realty Income Trust during the 2nd quarter valued at approximately $34,000. Signaturefd LLC lifted its holdings in Universal Health Realty Income Trust by 375.6% in the 2nd 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 in the last quarter. Coastline Trust Co bought a new position in Universal Health Realty Income Trust in the 3rd quarter worth approximately $92,000. Finally, Point72 Asset Management L.P. grew 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 in the last quarter. Institutional investors own 64.66% of the company’s stock.

Universal Health Realty Income Trust Trading Up 2.8 %

Shares of Universal Health Realty Income Trust stock opened at $42.06 on Wednesday. Universal Health Realty Income Trust has a twelve month low of $32.27 and a twelve month high of $47.30. The company has a quick ratio of 6.65, a current ratio of 6.65 and a debt-to-equity ratio of 2.02. The business has a 50-day moving average price of $42.44 and a 200-day moving average price of $41.33. The firm has a market cap of $582.53 million, a price-to-earnings ratio of 31.98 and a beta of 0.83.

Universal Health Realty Income Trust Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th will be issued a dividend of $0.735 per share. This represents a $2.94 annualized dividend and a yield of 6.99%. The ex-dividend date is Monday, December 16th. This is a boost from Universal Health Realty Income Trust’s previous quarterly dividend of $0.73. Universal Health Realty Income Trust’s dividend payout ratio (DPR) is currently 222.90%.

Analyst Ratings Changes

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

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.