Short Interest in Universal Health Realty Income Trust (NYSE:UHT) Declines By 12.0%

Universal Health Realty Income Trust (NYSE:UHT) was the recipient of a significant decline in short interest in July. As of July 15th, there was short interest totalling 161,000 shares, a decline of 12.0% from the June 30th total of 182,900 shares. Approximately 1.3% of the shares of the stock are short sold. Based on an average trading volume of 54,900 shares, the days-to-cover ratio is presently 2.9 days.

Shares of UHT opened at $69.58 on Friday. The business’s 50-day moving average price is $76.38 and its 200 day moving average price is $97.29. The stock has a market capitalization of $957.28 million, a P/E ratio of 48.66 and a beta of 0.76. Universal Health Realty Income Trust has a 1-year low of $54.54 and a 1-year high of $132.41. The company has a current ratio of 0.90, a quick ratio of 0.95 and a debt-to-equity ratio of 1.69.

Separately, ValuEngine raised Universal Health Realty Income Trust from a “sell” rating to a “hold” rating in a research note on Friday, July 3rd.

In other Universal Health Realty Income Trust news, CEO Alan B. Miller purchased 1,500 shares of the company’s stock in a transaction on Thursday, July 30th. The shares were purchased at an average cost of $68.31 per share, for a total transaction of $102,465.00. Following the completion of the transaction, the chief executive officer now owns 127,105 shares in the company, valued at $8,682,542.55. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Robert F. Mccadden purchased 1,000 shares of the company’s stock in a transaction on Thursday, July 30th. The stock was acquired at an average price of $68.33 per share, for a total transaction of $68,330.00. Following the completion of the transaction, the director now owns 4,600 shares of the company’s stock, valued at approximately $314,318. The disclosure for this purchase can be found here. 1.90% of the stock is currently owned by insiders.

A number of institutional investors and hedge funds have recently modified their holdings of UHT. Trust Co. of Vermont increased its stake in Universal Health Realty Income Trust by 71.4% in the 2nd quarter. Trust Co. of Vermont now owns 600 shares of the real estate investment trust’s stock worth $48,000 after purchasing an additional 250 shares in the last quarter. Watson Rebecca purchased a new position in Universal Health Realty Income Trust during the 2nd quarter valued at about $49,000. Verus Capital Partners LLC purchased a new position in Universal Health Realty Income Trust during the 4th quarter valued at about $59,000. Flagship Harbor Advisors LLC grew its stake in Universal Health Realty Income Trust by 33.8% during the 1st quarter. Flagship Harbor Advisors LLC now owns 610 shares of the real estate investment trust’s stock valued at $61,000 after acquiring an additional 154 shares in the last quarter. Finally, J. W. Coons Advisors LLC purchased a new position in Universal Health Realty Income Trust during the 1st quarter valued at about $208,000. 76.22% of the stock is currently owned by hedge funds and other institutional investors.

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, rehabilitation hospitals, sub-acute care facilities, medical/office buildings, free-standing emergency departments and childcare centers. We have investments in sixty-nine properties located in twenty states.

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