Piedmont Investment Advisors Inc. Invests $240,000 in Universal Health Realty Income Trust (NYSE:UHT)

Piedmont Investment Advisors Inc. bought a new position in shares of Universal Health Realty Income Trust (NYSE:UHT) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 3,175 shares of the real estate investment trust’s stock, valued at approximately $240,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Legal & General Group Plc boosted its stake in Universal Health Realty Income Trust by 5.6% during the third quarter. Legal & General Group Plc now owns 68,882 shares of the real estate investment trust’s stock valued at $5,106,000 after buying an additional 3,639 shares in the last quarter. Morgan Stanley boosted its position in Universal Health Realty Income Trust by 13.0% during the 3rd quarter. Morgan Stanley now owns 83,909 shares of the real estate investment trust’s stock worth $6,243,000 after acquiring an additional 9,648 shares during the period. Quantamental Technologies LLC acquired a new stake in Universal Health Realty Income Trust during the 4th quarter worth about $31,000. Arizona State Retirement System boosted its position in Universal Health Realty Income Trust by 6.2% during the 4th quarter. Arizona State Retirement System now owns 19,475 shares of the real estate investment trust’s stock worth $1,195,000 after acquiring an additional 1,131 shares during the period. Finally, Rhumbline Advisers boosted its position in Universal Health Realty Income Trust by 73.7% during the 4th quarter. Rhumbline Advisers now owns 55,940 shares of the real estate investment trust’s stock worth $3,433,000 after acquiring an additional 23,730 shares during the period. Institutional investors own 62.78% of the company’s stock.

Shares of UHT traded up $0.95 during midday trading on Friday, reaching $84.93. 158,000 shares of the stock were exchanged, compared to its average volume of 41,057. Universal Health Realty Income Trust has a 12-month low of $58.70 and a 12-month high of $91.53. The business has a 50 day simple moving average of $84.42. The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.62 and a current ratio of 1.62. The firm has a market cap of $1.12 billion, a P/E ratio of 25.17 and a beta of 0.80.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 2nd. Stockholders of record on Monday, June 24th will be paid a dividend of $0.68 per share. The ex-dividend date is Friday, June 21st. This is an increase from Universal Health Realty Income Trust’s previous quarterly dividend of $0.68. This represents a $2.72 dividend on an annualized basis and a dividend yield of 3.20%.

Universal Health Realty Income Trust Profile

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

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