Short Interest in Universal Health Realty Income Trust (NYSE:UHT) Drops By 53.0%

Universal Health Realty Income Trust (NYSE:UHT) was the recipient of a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 235,769 shares, a decline of 53.0% from the June 15th total of 501,977 shares. Based on an average daily trading volume, of 472,991 shares, the days-to-cover ratio is currently 0.5 days. Currently, 1.7% of the company’s stock are sold short.

Universal Health Realty Income Trust Stock Performance

Universal Health Realty Income Trust stock traded down $0.18 during mid-day trading on Tuesday, reaching $42.93. 1,228 shares of the company traded hands, compared to its average volume of 104,917. The company has a debt-to-equity ratio of 2.56, a current ratio of 6.14 and a quick ratio of 6.14. Universal Health Realty Income Trust has a fifty-two week low of $35.26 and a fifty-two week high of $46.30. The company has a market capitalization of $595.87 million, a price-to-earnings ratio of 33.63 and a beta of 0.82. The firm’s fifty day moving average is $41.38 and its two-hundred day moving average is $41.36.

Universal Health Realty Income Trust (NYSE:UHT) last posted its quarterly earnings results on Monday, April 27th. The real estate investment trust reported $0.36 earnings per share (EPS) for the quarter. The business had revenue of $24.53 million during the quarter. Universal Health Realty Income Trust had a net margin of 18.00% and a return on equity of 11.44%.

Universal Health Realty Income Trust Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 22nd were paid a $0.75 dividend. This is a positive change from Universal Health Realty Income Trust’s previous quarterly dividend of $0.74. The ex-dividend date was Monday, June 22nd. This represents a $3.00 dividend on an annualized basis and a yield of 7.0%. Universal Health Realty Income Trust’s dividend payout ratio (DPR) is 234.38%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Universal Health Realty Income Trust in a research note on Wednesday, April 15th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Universal Health Realty Income Trust has a consensus rating of “Hold”.

Institutional Trading of Universal Health Realty Income Trust

Large investors have recently added to or reduced their stakes in the company. AQR Capital Management LLC raised its stake in shares of Universal Health Realty Income Trust by 4.7% in the first quarter. AQR Capital Management LLC now owns 24,789 shares of the real estate investment trust’s stock worth $1,015,000 after purchasing an additional 1,120 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in Universal Health Realty Income Trust by 29.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 95,865 shares of the real estate investment trust’s stock worth $3,927,000 after buying an additional 21,708 shares during the period. Jane Street Group LLC increased its holdings in Universal Health Realty Income Trust by 41.4% in the 1st quarter. Jane Street Group LLC now owns 24,493 shares of the real estate investment trust’s stock worth $1,003,000 after buying an additional 7,175 shares during the period. Strs Ohio purchased a new position in Universal Health Realty Income Trust during the 1st quarter worth approximately $102,000. Finally, Creative Planning raised its position in Universal Health Realty Income Trust by 21.1% during the 2nd quarter. Creative Planning now owns 10,877 shares of the real estate investment trust’s stock worth $435,000 after buying an additional 1,896 shares during the last quarter. Hedge funds and other institutional investors own 64.66% of the company’s stock.

Universal Health Realty Income Trust Company Profile

Universal Health Realty Income Trust (NYSE: UHT) is a real estate investment trust specializing in the ownership, financing and development of healthcare-related properties. The company’s primary focus is on sale-leaseback and build-to-suit transactions with hospitals, healthcare systems and senior living operators. Its portfolio includes medical office buildings, hospitals, outpatient facilities, senior housing communities and life science research facilities, all structured to provide long-term, triple-net leases with established healthcare providers.

UHT’s real estate holdings are diversified across key markets throughout the United States, from major metropolitan areas to growing suburban regions.