Coastline Trust Co Acquires New Holdings in Universal Health Realty Income Trust (NYSE:UHT)

Coastline Trust Co purchased a new position in shares of Universal Health Realty Income Trust (NYSE:UHT) during the third quarter, HoldingsChannel reports. The fund purchased 2,000 shares of the real estate investment trust’s stock, valued at approximately $92,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in UHT. BNP Paribas Financial Markets grew its stake in Universal Health Realty Income Trust by 12.6% in the first quarter. BNP Paribas Financial Markets now owns 13,067 shares of the real estate investment trust’s stock valued at $480,000 after acquiring an additional 1,462 shares during the period. State Board of Administration of Florida Retirement System acquired a new stake in shares of Universal Health Realty Income Trust during the first quarter worth $158,000. CANADA LIFE ASSURANCE Co lifted its position in Universal Health Realty Income Trust by 1.3% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 25,236 shares of the real estate investment trust’s stock valued at $926,000 after acquiring an additional 336 shares in the last quarter. Quadrature Capital Ltd acquired a new position in Universal Health Realty Income Trust in the 1st quarter worth $235,000. Finally, Price T Rowe Associates Inc. MD increased its holdings in Universal Health Realty Income Trust by 29.4% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 19,751 shares of the real estate investment trust’s stock worth $726,000 after purchasing an additional 4,490 shares in the last quarter. 64.66% of the stock is owned by institutional investors.

Universal Health Realty Income Trust Trading Down 0.2 %

NYSE:UHT opened at $40.65 on Friday. The company has a market cap of $563.00 million, a P/E ratio of 31.03 and a beta of 0.83. Universal Health Realty Income Trust has a twelve month low of $32.27 and a twelve month high of $47.30. The business has a 50 day moving average price of $43.00 and a two-hundred day moving average price of $41.14. The company has a quick ratio of 7.93, a current ratio of 6.65 and a debt-to-equity ratio of 2.02.

Universal Health Realty Income Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Monday, September 16th were given a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a yield of 7.18%. The ex-dividend date was Monday, September 16th. Universal Health Realty Income Trust’s dividend payout ratio (DPR) is currently 222.90%.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered Universal Health Realty Income Trust from a “buy” rating to a “hold” rating in a report on Saturday, November 2nd.

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.