Universal Health Realty Income Trust (NYSE:UHT) CEO Alan B. Miller Buys 6,000 Shares

Universal Health Realty Income Trust (NYSE:UHT) CEO Alan B. Miller bought 6,000 shares of the firm’s stock in a transaction on Friday, April 26th. The stock was purchased at an average cost of $34.65 per share, for a total transaction of $207,900.00. Following the completion of the acquisition, the chief executive officer now owns 157,753 shares in the company, valued at $5,466,141.45. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Universal Health Realty Income Trust Trading Up 1.5 %

UHT opened at $34.66 on Friday. The company’s 50 day moving average is $36.67 and its 200-day moving average is $39.41. Universal Health Realty Income Trust has a 1-year low of $32.27 and a 1-year high of $49.64. The company has a current ratio of 8.06, a quick ratio of 7.57 and a debt-to-equity ratio of 1.86. The company has a market cap of $479.00 million, a P/E ratio of 29.62 and a beta of 0.78.

Universal Health Realty Income Trust Dividend Announcement

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

Institutional Investors Weigh In On Universal Health Realty Income Trust

A number of hedge funds have recently made changes to their positions in UHT. Quantbot Technologies LP acquired a new stake in shares of Universal Health Realty Income Trust in the 3rd quarter valued at approximately $64,000. Van ECK Associates Corp boosted its stake in shares of Universal Health Realty Income Trust by 19.6% in the 4th quarter. Van ECK Associates Corp now owns 1,803 shares of the real estate investment trust’s stock valued at $78,000 after purchasing an additional 296 shares in the last quarter. Quest Partners LLC acquired a new stake in shares of Universal Health Realty Income Trust in the 4th quarter valued at approximately $154,000. Denali Advisors LLC boosted its stake in shares of Universal Health Realty Income Trust by 58.8% in the 1st quarter. Denali Advisors LLC now owns 5,400 shares of the real estate investment trust’s stock valued at $198,000 after purchasing an additional 2,000 shares in the last quarter. Finally, Maryland State Retirement & Pension System acquired a new stake in shares of Universal Health Realty Income Trust in the 4th quarter valued at approximately $203,000. 64.66% of the stock is currently owned by institutional investors and hedge funds.

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.