Universal Health Realty Income Trust (NYSE:UHT) Short Interest Update

Universal Health Realty Income Trust (NYSE:UHT) was the recipient of a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 170,600 shares, a growth of 19.6% from the November 30th total of 142,700 shares. Approximately 1.3% of the shares of the company are short sold. Based on an average trading volume of 65,200 shares, the short-interest ratio is currently 2.6 days.

Hedge Funds Weigh In On Universal Health Realty Income Trust

Several hedge funds and other institutional investors have recently added to or reduced their stakes in UHT. Farther Finance Advisors LLC raised its holdings in shares of Universal Health Realty Income Trust by 6,990.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 709 shares of the real estate investment trust’s stock valued at $32,000 after acquiring an additional 699 shares in the last quarter. DekaBank Deutsche Girozentrale purchased a new stake in Universal Health Realty Income Trust in the second quarter valued at approximately $34,000. Signaturefd LLC raised its stake in Universal Health Realty Income Trust by 375.6% in the second quarter. Signaturefd LLC now owns 1,441 shares of the real estate investment trust’s stock valued at $56,000 after purchasing an additional 1,138 shares in the last quarter. Coastline Trust Co bought a new stake in Universal Health Realty Income Trust during the third quarter valued at approximately $92,000. Finally, Point72 Asset Management L.P. grew its stake in Universal Health Realty Income Trust by 71.1% in the 2nd quarter. Point72 Asset Management L.P. now owns 2,395 shares of the real estate investment trust’s stock worth $94,000 after buying an additional 995 shares in the last quarter. 64.66% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered Universal Health Realty Income Trust from a “buy” rating to a “hold” rating in a research note on Saturday, November 2nd.

Universal Health Realty Income Trust Price Performance

Universal Health Realty Income Trust stock traded up $0.74 during midday trading on Tuesday, reaching $37.21. 67,543 shares of the stock were exchanged, compared to its average volume of 73,624. Universal Health Realty Income Trust has a 52 week low of $32.27 and a 52 week high of $47.30. The company has a debt-to-equity ratio of 2.02, a quick ratio of 6.65 and a current ratio of 6.65. The firm has a market cap of $515.36 million, a PE ratio of 28.40 and a beta of 0.84. The company’s fifty day moving average is $40.10 and its 200-day moving average is $41.61.

Universal Health Realty Income Trust Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 16th will be given a $0.735 dividend. This represents a $2.94 dividend on an annualized basis and a dividend yield of 7.90%. The ex-dividend date is Monday, December 16th. This is an increase from Universal Health Realty Income Trust’s previous quarterly dividend of $0.73. Universal Health Realty Income Trust’s dividend payout ratio (DPR) is 224.43%.

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.