Universal Health Realty Income Trust (NYSE:UHT) Sees Significant Increase in Short Interest

by · The Cerbat Gem

Universal Health Realty Income Trust (NYSE:UHT – Get Free Report) saw a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 92,400 shares, an increase of 59.6% from the September 30th total of 57,900 shares. Approximately 0.7% of the company’s stock are short sold. Based on an average daily trading volume, of 56,700 shares, the days-to-cover ratio is currently 1.6 days.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. CANADA LIFE ASSURANCE Co lifted its position in shares of 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 worth $926,000 after buying an additional 336 shares during the last quarter. Illinois Municipal Retirement Fund boosted its position in shares of Universal Health Realty Income Trust by 5.4% during the first quarter. Illinois Municipal Retirement Fund now owns 7,404 shares of the real estate investment trust’s stock worth $272,000 after buying an additional 382 shares during the period. DekaBank Deutsche Girozentrale bought a new position in shares of Universal Health Realty Income Trust in the second quarter worth $34,000. Point72 Asset Management L.P. raised its stake in shares of Universal Health Realty Income Trust by 71.1% during the second quarter. Point72 Asset Management L.P. now owns 2,395 shares of the real estate investment trust’s stock valued at $94,000 after purchasing an additional 995 shares in the last quarter. Finally, Rhumbline Advisers lifted its holdings in Universal Health Realty Income Trust by 3.1% in the second quarter. Rhumbline Advisers now owns 33,370 shares of the real estate investment trust’s stock worth $1,306,000 after purchasing an additional 1,014 shares during the period. Institutional investors own 64.66% of the company’s stock.

Universal Health Realty Income Trust Stock Down 2.2 %

Shares of UHT traded down $0.91 during midday trading on Friday, hitting $40.36. The company had a trading volume of 45,813 shares, compared to its average volume of 74,360. The company has a quick ratio of 7.93, a current ratio of 7.93 and a debt-to-equity ratio of 1.90. Universal Health Realty Income Trust has a 52 week low of $32.27 and a 52 week high of $47.30. The company’s 50 day moving average price is $43.99 and its 200 day moving average price is $40.39. The stock has a market cap of $558.99 million, a price-to-earnings ratio of 31.05 and a beta of 0.82.

Universal Health Realty Income Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Monday, September 16th were paid a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a yield of 7.23%. The ex-dividend date was Monday, September 16th. Universal Health Realty Income Trust’s payout ratio is currently 224.62%.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Universal Health Realty Income Trust from a “hold” rating to a “buy” rating in a research report on Friday.

View Our Latest Research Report on UHT

Universal Health Realty Income Trust Company Profile

(Get Free Report)

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.

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