Assetmark Inc. bought 2,514 shares of Universal Health Realty Income Trust (NYSE: UHT)

Assetmark Inc. purchased a new stake in Universal Health Realty Income Trust (NYSE: UHT – Receive Rating) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 2,514 shares of real estate investment trust stock, valued at approximately $109,000.

→ Market Wizard’s #1 Strategy for 2023 – Get Early Access Now (from Legacy Research)

Other hedge funds and other institutional investors have also increased or decreased their stakes in the company recently. The Trust Company of Vermont acquired a new stake in Universal Health Realty Income Trust valued at $46,000 in the second quarter. ProShares Advisors LLC purchased new stake in Universal Health Realty Income Trust valued at approximately $8,385,000 in the second quarter. Alps Advisors Inc. purchased new stake in Universal Health Realty Income Trust in the second quarter valued at approximately $2,041,000. Vinton Group Ltd increased its stake in Universal Health Realty Income Trust to 355.8% in the second quarter. WINTON GROUP Ltd now owns 15,967 shares of Real Estate Investment Trust stock valued at $850,000 after purchasing an additional 12,464 shares during the period. Lastly, Avantax Advisory Services Inc. gained 7.4% in shares of Universal Health Realty Income Trust in the second quarter. Avantax Advisory Services Inc., after buying an additional 302 shares in the last quarter. now owns 4,378 shares of the real estate investment trust valued at $233,000. 63.50% of the stock is currently owned by institutional investors and hedge funds.

Analyst Rating Changes

Separately, StockNews.com initiated coverage on shares of Universal Health Realty Income Trust in a report on Wednesday, October 12. They set a “Hold” rating on the stock.

Universal Health Realty Income Trust Stock Performance

UHT opened Friday at $52.62. The company’s current ratio is 7.53, quick ratio is 7.53 and debt-to-equity ratio is 1.46. The company’s fifty-day moving average price is $50.36 and its two hundred-day moving average price is $49.64. The 1-year low for Universal Health Realty Income Trust is $40.92 and the 1-year high is $60.70. The company has a market cap of $726.16 million, price-to-earnings ratio of 6.77 and beta of 0.83.

Universal Health Realty Income Trust Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 30. A dividend of $0.715 was paid to shareholders of record on Friday, December 16. This is a positive change from Universal Health Realty Income Trust’s last quarterly dividend of $0.71. This represents a $2.86 dividend and a dividend yield of 5.44% on an annualized basis. The ex-dividend date of this dividend was Thursday, December 15. The Dividend Payout Ratio (DPR) of Universal Health Realty Income Trust stands at 36.81%.

About Universal Health Realty Income Trust

(get rating)

Universal Health Realty Income Trust, a real estate investment trust, invests in health care and human services related facilities including acute care hospitals, rehabilitation hospitals, sub-acute care facilities, medical/office buildings, free-standing emergency departments and childcare Centers included. We have investments in seventy one properties located in twenty states, with two currently under construction.

further studies

Want to see which other hedge funds are holding UHT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Universal Health Realty Income Trust (NYSE: UHT – Get Rating) .

Institutional Ownership by Quarter for Universal Health Realty Income Trust (NYSE: UHT)

This instant news alert was generated by descriptive science technology and financial data from MarketBeat to provide readers the fastest and most accurate reporting. This story was reviewed by Marketbeat’s editorial team before publication. Please send any questions or comments about this story to [email protected]

Before you consider Universal Health Realty Income Trust, you may want to hear this.

MarketBeat tracks Wall Street’s top rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified five stocks that top analysts are quietly whispering their clients to buy before the broader market catches on… and Universal Health Realty Income Trust wasn’t on the list.

While Universal Health Realty Income Trust currently has a “hold” rating among analysts, top rated analysts believe these five stocks are the better buys.

see five stocks here

Investment strategies to help you increase your retirement income cover

,

Leave a Comment