Point72 Asia Singapore Pte. Ltd. Has $283,000 Stock Holdings in Universal Health Realty Income Trust (NYSE:UHT)

Point72 Asia Singapore Pte. Ltd. grew its stake in Universal Health Realty Income Trust (NYSE:UHT) by 106.8% during the 3rd quarter, HoldingsChannel reports. The firm owned 6,195 shares of the real estate investment trust’s stock after acquiring an additional 3,199 shares during the quarter. Point72 Asia Singapore Pte. Ltd.’s holdings in Universal Health Realty Income Trust were worth $283,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of UHT. Daiwa Securities Group Inc. boosted its stake in Universal Health Realty Income Trust by 10.1% in the 3rd quarter. Daiwa Securities Group Inc. now owns 4,233 shares of the real estate investment trust’s stock valued at $194,000 after buying an additional 389 shares in the last quarter. BNP Paribas Financial Markets boosted its position in Universal Health Realty Income Trust by 7.4% in the third quarter. BNP Paribas Financial Markets now owns 7,013 shares of the real estate investment trust’s stock valued at $321,000 after buying an additional 483 shares in the last quarter. Farther Finance Advisors LLC raised its stake in shares of Universal Health Realty Income Trust by 6,990.0% in the third 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 during the last quarter. DekaBank Deutsche Girozentrale acquired a new position in shares of Universal Health Realty Income Trust in the 2nd quarter worth approximately $34,000. Finally, Asset Management One Co. Ltd. grew its position in Universal Health Realty Income Trust by 5.0% during the 3rd quarter. Asset Management One Co. Ltd. now owns 19,070 shares of the real estate investment trust’s stock worth $872,000 after acquiring an additional 907 shares during the last quarter. 64.66% of the stock is owned by institutional investors and hedge funds.

Universal Health Realty Income Trust Stock Performance

Universal Health Realty Income Trust stock opened at $40.78 on Wednesday. Universal Health Realty Income Trust has a 12-month low of $32.27 and a 12-month high of $47.30. The stock has a 50-day simple moving average of $41.93 and a 200 day simple moving average of $41.52. The company has a quick ratio of 6.65, a current ratio of 6.65 and a debt-to-equity ratio of 2.02. The stock has a market capitalization of $564.80 million, a price-to-earnings ratio of 31.13 and a beta of 0.84.

Universal Health Realty Income Trust Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be given a dividend of $0.735 per share. This represents a $2.94 dividend on an annualized basis and a dividend yield of 7.21%. This is a positive change from Universal Health Realty Income Trust’s previous quarterly dividend of $0.73. The ex-dividend date is Monday, December 16th. Universal Health Realty Income Trust’s dividend payout ratio is presently 222.90%.

Wall Street Analyst Weigh In

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

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.