Universal Health Realty Income Trust (NYSE:UHT) Short Interest Up 59.6% in October

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of UHT. CANADA LIFE ASSURANCE Co lifted its position in shares of Universal Health Realty Income Trust by 1.3% in the first quarter. CANADA LIFE ASSURANCE Co now owns 25,236 shares of the real estate investment trust’s stock valued at $926,000 after acquiring an additional 336 shares in the last quarter. Illinois Municipal Retirement Fund lifted its holdings in Universal Health Realty Income Trust by 5.4% in the 1st quarter. Illinois Municipal Retirement Fund now owns 7,404 shares of the real estate investment trust’s stock valued at $272,000 after purchasing an additional 382 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in 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 purchasing an additional 699 shares in the last quarter. DekaBank Deutsche Girozentrale acquired a new stake in Universal Health Realty Income Trust during the 2nd quarter worth $34,000. Finally, Point72 Asset Management L.P. grew its holdings 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 worth $94,000 after buying an additional 995 shares in the last quarter. 64.66% of the stock is owned by hedge funds and other institutional investors.

Universal Health Realty Income Trust Price Performance

Universal Health Realty Income Trust stock traded down $0.06 during trading on Tuesday, reaching $39.60. The company had a trading volume of 86,249 shares, compared to its average volume of 74,370. The company has a debt-to-equity ratio of 2.02, a quick ratio of 7.93 and a current ratio of 6.65. The firm has a market capitalization of $548.46 million, a PE ratio of 30.23 and a beta of 0.82. Universal Health Realty Income Trust has a 1-year low of $32.27 and a 1-year high of $47.30. The firm’s 50-day simple moving average is $43.84 and its 200 day simple moving average is $40.53.

Universal Health Realty Income Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, September 16th were paid a dividend of $0.73 per share. The ex-dividend date of this dividend was Monday, September 16th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 7.37%. Universal Health Realty Income Trust’s dividend payout ratio is currently 222.90%.

Wall Street Analysts Forecast Growth

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

Universal Health Realty Income Trust Company Profile

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.