During December, there was a discernible increase in the number of short positions held in Universal Health Realty Income Trust (NYSE: UHT). The number of borrowed shares increased to 348,800 as of December 15, representing a 126.8% increase from the 153,800 ones borrowed one month earlier. Short sales account for approximately 2.7% of the company’s total share capital. The current short-interest ratio is 6.9 days; this number is derived from the average daily volume of shares traded is 50,200. In other words, the current short-interest ratio is determined by this number.
The NYSE: UHT stock experienced a loss of $0.48 during the Wednesday trading session, bringing the stock price down to $47.51 at midday. When compared to the typical volume of 54,466 shares traded, the number of shares that the company traded was 51,310. Both the quick and current ratios come in at 7.53, while the debt-to-equity ratio comes in at 1.46. Over the previous twelve months, the price of a share of Universal Health Realty Income Trust has fluctuated between $40.92 and $61.32 at various points. The current P/E ratio for the company is 6.11, and it has a beta value of 0.82. The market capitalization of the company is $655.73 million. The company’s simple moving average for the past 50 trading days is $49.55, and for the past 200 trading days, that figure is $49.89.
On Wednesday, October 12, StockNews.com initiated coverage of Universal Health Realty Income Trust in a separate development. They advised their clients to “hold” the stock moving forward.
Additionally, the company has declared a quarterly dividend, scheduled to be paid out on the next business day, December 30. On December 16, the record date for dividend eligibility, shareholders who own shares will be eligible to receive dividend payments of $0.715 per share. The date shareholders will no longer receive dividends is Thursday, December 15. This represents an increase compared to the previous quarterly dividend amount that Universal Health Realty Income Trust paid out, which was $0.71. This results in a yield of 6.02 percent as well as an annual dividend payment of 2.86 dollars. Currently, Universal Health Realty Income Trust has a dividend payout ratio (DPR) equal to 36.81 percent.
UHT share transactions in recent months have been conducted by a sizeable number of institutional investors, both buying and selling. ProShare Advisors LLC increased its total position in Universal Health Realty Income Trust during the second quarter by purchasing additional shares. This brought the total value of the company’s holdings in the REIT to approximately $8,385,000. In the first three months of 2018, Invesco Ltd. made a 411.1 percent increase in the number of shares of Universal Health Realty Income Trust that it owned. Invesco Ltd. now has 173,893 real estate investment trust shares following the purchase of an additional 139,873 shares during the most recent quarter. The shares have a total value of $10,150,000 because Invesco Ltd. now has 173,893 shares. During the first three months of 2018, State Street Corporation acquired 11.3% more shares of Universal Health Realty Income Trust, bringing the total number of UHRIT shares it owned to 59.1%. State Street Corp. now has 822,114 of the real estate investment trust’s shares, valued at $47,987,000, after purchasing an additional 83,770 shares during the most recent quarter. This brings State Street Corp.’s total number of shares to 822,114. In addition, JPMorgan Chase & Co. increased the proportion of Universal Health Realty Income Trust shares that it owned by 80.3% over the second quarter. As a result of the purchase of 51,410 additional shares during the most recent fiscal quarter, JPMorgan Chase & Co. now has a total of 115,435 shares of the real estate investment trust in their possession. These shares are currently valued at a total of $6,142,000. And finally, during the second quarter, Goldman Sachs Group Inc. increased the number of shares of Universal Health Realty Income Trust that it owned by a factor of two hundred and zero. Goldman Sachs Group Inc. now has 66,395 real estate investment trust shares. This is due to the company purchasing 44,264 additional shares during the most recent fiscal quarter. The price at which these shares are currently trading on the market is $3,533,000. The current owner of the stock, in the amount of 63.50%, is held by hedge funds and other institutional investors.
The Universal Health Realty Income Trust is a type of real estate investment trust that invests in a wide range of healthcare and human service facilities. In addition to acute care and rehabilitation hospitals, these facilities include sub-acute and sub-acute care facilities. Free-standing emergency departments, medical and office buildings, childcare facilities, acute care hospitals, and rehabilitation hospitals are all included in this category. We are pleased to announce that we are the proud owners of 71 properties in 20 states, two of which are currently undergoing construction.
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