Universal Health Realty Income Trust (NYSE:UHT) Short Interest Down 18.9% in March

Universal Health Realty Income Trust (NYSE:UHT) was the target of a significant drop in short interest in the month of March. As of March 31st, there was short interest totalling 237,900 shares, a drop of 18.9% from the March 15th total of 293,300 shares. Based on an average trading volume of 67,700 shares, the days-to-cover ratio is currently 3.5 days. Approximately 1.9% of the shares of the stock are short sold.

Hedge Funds Weigh In On Universal Health Realty Income Trust

Institutional investors and hedge funds have recently modified their holdings of the stock. Point72 Asset Management L.P. boosted its position in Universal Health Realty Income Trust by 16.3% during the fourth quarter. Point72 Asset Management L.P. now owns 2,676 shares of the real estate investment trust’s stock valued at $100,000 after purchasing an additional 376 shares during the last quarter. KLP Kapitalforvaltning AS acquired a new position in Universal Health Realty Income Trust in the fourth quarter worth approximately $100,000. Resona Asset Management Co. Ltd. bought a new position in Universal Health Realty Income Trust during the fourth quarter valued at approximately $181,000. Illinois Municipal Retirement Fund lifted its stake in Universal Health Realty Income Trust by 5.0% in the fourth quarter. Illinois Municipal Retirement Fund now owns 7,108 shares of the real estate investment trust’s stock valued at $264,000 after acquiring an additional 341 shares during the last quarter. Finally, Deutsche Bank AG grew its position in Universal Health Realty Income Trust by 16.5% in the fourth quarter. Deutsche Bank AG now owns 8,705 shares of the real estate investment trust’s stock worth $324,000 after acquiring an additional 1,233 shares in the last quarter. 64.66% of the stock is currently owned by hedge funds and other institutional investors.

Universal Health Realty Income Trust Price Performance

NYSE UHT traded up $0.25 on Friday, reaching $38.38. 41,378 shares of the stock traded hands, compared to its average volume of 64,447. The company has a quick ratio of 6.65, a current ratio of 6.65 and a debt-to-equity ratio of 2.02. The company has a market cap of $531.60 million, a price-to-earnings ratio of 29.30 and a beta of 0.85. The firm’s fifty day simple moving average is $39.69 and its 200 day simple moving average is $39.69. Universal Health Realty Income Trust has a 12 month low of $33.08 and a 12 month high of $47.30.

Universal Health Realty Income Trust (NYSE:UHT) last issued its quarterly earnings results on Wednesday, February 26th. The real estate investment trust reported $0.85 earnings per share for the quarter. Universal Health Realty Income Trust had a net margin of 18.41% and a return on equity of 9.44%. The company had revenue of $24.64 million during the quarter.

Universal Health Realty Income Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 24th were paid a $0.735 dividend. The ex-dividend date was Monday, March 24th. This represents a $2.94 annualized dividend and a yield of 7.66%. Universal Health Realty Income Trust’s dividend payout ratio is presently 211.51%.

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.