Universal Health Realty Income Trust (NYSE:UHT) CEO Acquires $207,900.00 in Stock

Universal Health Realty Income Trust (NYSE:UHT) CEO Alan B. Miller purchased 6,000 shares of the company’s stock in a transaction that occurred on Friday, April 26th. The shares were acquired at an average cost of $34.65 per share, with a total value 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 $5,466,141.45. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink.

Universal Health Realty Income Trust Price Performance

NYSE:UHT traded up $0.50 during midday trading on Friday, hitting $34.66. The company had a trading volume of 50,502 shares, compared to its average volume of 94,020. The stock’s fifty day moving average price is $36.67 and its 200-day moving average price is $39.41. Universal Health Realty Income Trust has a 52-week low of $32.27 and a 52-week high of $49.64. The company has a quick ratio of 7.57, a current ratio of 7.57 and a debt-to-equity ratio of 1.79. The company has a market capitalization of $479.00 million, a PE ratio of 29.57 and a beta of 0.78.

Universal Health Realty Income Trust Dividend Announcement

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

Institutional Investors Weigh In On Universal Health Realty Income Trust

A number of institutional investors and hedge funds have recently added to or reduced their stakes in UHT. Quantbot Technologies LP purchased a new stake in Universal Health Realty Income Trust during the third quarter valued at about $64,000. Van ECK Associates Corp boosted its position in Universal Health Realty Income Trust by 19.6% during the fourth quarter. Van ECK Associates Corp now owns 1,803 shares of the real estate investment trust’s stock worth $78,000 after acquiring an additional 296 shares during the last quarter. Quest Partners LLC acquired a new position in shares of Universal Health Realty Income Trust in the 4th quarter valued at $154,000. Maryland State Retirement & Pension System purchased a new stake in Universal Health Realty Income Trust in the fourth quarter valued at approximately $203,000. Finally, Denali Advisors LLC grew its position in shares of Universal Health Realty Income Trust by 58.8% during the first quarter. Denali Advisors LLC now owns 5,400 shares of the real estate investment trust’s stock worth $198,000 after acquiring an additional 2,000 shares during the last quarter. Institutional investors own 64.66% of the company’s stock.

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.