ProShare Advisors LLC Cuts Holdings in Universal Health Realty Income Trust $UHT

ProShare Advisors LLC lowered its stake in shares of Universal Health Realty Income Trust (NYSE:UHT) by 12.6% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 151,511 shares of the real estate investment trust’s stock after selling 21,824 shares during the period. ProShare Advisors LLC’s holdings in Universal Health Realty Income Trust were worth $6,056,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. GAMMA Investing LLC increased its stake in Universal Health Realty Income Trust by 101.8% in the second quarter. GAMMA Investing LLC now owns 888 shares of the real estate investment trust’s stock valued at $35,000 after acquiring an additional 448 shares during the last quarter. Hantz Financial Services Inc. grew its position in Universal Health Realty Income Trust by 842.2% during the second quarter. Hantz Financial Services Inc. now owns 1,517 shares of the real estate investment trust’s stock valued at $61,000 after acquiring an additional 1,356 shares during the last quarter. CWM LLC raised its stake in shares of Universal Health Realty Income Trust by 40.7% during the first quarter. CWM LLC now owns 2,170 shares of the real estate investment trust’s stock worth $89,000 after acquiring an additional 628 shares in the last quarter. Signaturefd LLC lifted its holdings in shares of Universal Health Realty Income Trust by 67.4% in the 2nd quarter. Signaturefd LLC now owns 2,223 shares of the real estate investment trust’s stock worth $89,000 after acquiring an additional 895 shares during the last quarter. Finally, Strs Ohio purchased a new stake in shares of Universal Health Realty Income Trust in the 1st quarter valued at $102,000. 64.66% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Universal Health Realty Income Trust

In other news, CEO Alan B. Miller bought 12,247 shares of the company’s stock in a transaction dated Wednesday, October 29th. The stock was bought at an average cost of $37.02 per share, for a total transaction of $453,383.94. Following the completion of the acquisition, the chief executive officer owned 182,104 shares in the company, valued at approximately $6,741,490.08. This trade represents a 7.21% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 2.39% of the company’s stock.

Universal Health Realty Income Trust Stock Performance

Shares of UHT stock opened at $39.49 on Friday. The company has a market capitalization of $547.81 million, a P/E ratio of 30.61 and a beta of 0.97. Universal Health Realty Income Trust has a fifty-two week low of $34.56 and a fifty-two week high of $42.82. The company has a debt-to-equity ratio of 2.37, a quick ratio of 7.25 and a current ratio of 7.37. The stock has a 50 day moving average price of $38.50 and a two-hundred day moving average price of $39.42.

Universal Health Realty Income Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 22nd were given a $0.74 dividend. The ex-dividend date was Monday, September 22nd. This represents a $2.96 dividend on an annualized basis and a dividend yield of 7.5%. Universal Health Realty Income Trust’s payout ratio is presently 229.46%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “hold (c-)” rating on shares of Universal Health Realty Income Trust in a research report on Thursday, October 30th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has an average rating of “Hold”.

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.