Alliancebernstein L.P. Cuts Stake in Universal Health Realty Income Trust (NYSE:UHT)

Alliancebernstein L.P. decreased its holdings in shares of Universal Health Realty Income Trust (NYSE:UHT) by 13.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 25,285 shares of the real estate investment trust’s stock after selling 3,886 shares during the quarter. Alliancebernstein L.P. owned approximately 0.19% of Universal Health Realty Income Trust worth $2,011,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Wells Fargo & Company MN increased its stake in shares of Universal Health Realty Income Trust by 33.3% during the 2nd quarter. Wells Fargo & Company MN now owns 39,976 shares of the real estate investment trust’s stock worth $3,179,000 after purchasing an additional 9,989 shares during the last quarter. Flagship Harbor Advisors LLC acquired a new position in shares of Universal Health Realty Income Trust during the 2nd quarter worth $239,000. Capital Advisors Inc. OK acquired a new position in shares of Universal Health Realty Income Trust during the 2nd quarter worth $210,000. Principal Financial Group Inc. increased its stake in shares of Universal Health Realty Income Trust by 3.0% during the 2nd quarter. Principal Financial Group Inc. now owns 97,891 shares of the real estate investment trust’s stock worth $7,786,000 after purchasing an additional 2,868 shares during the last quarter. Finally, Capital Analysts LLC acquired a new position in shares of Universal Health Realty Income Trust during the 2nd quarter worth $159,000. Institutional investors own 59.17% of the company’s stock.

Universal Health Realty Income Trust (NYSE UHT) opened at 73.15 on Friday. The stock’s 50 day moving average is $75.52 and its 200 day moving average is $75.18. The firm has a market cap of $995.28 million, a price-to-earnings ratio of 22.65 and a beta of 0.32. Universal Health Realty Income Trust has a 52 week low of $54.06 and a 52 week high of $84.90.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Monday, September 18th were given a $0.66 dividend. This represents a $2.64 dividend on an annualized basis and a dividend yield of 3.61%. The ex-dividend date of this dividend was Friday, September 15th. Universal Health Realty Income Trust’s dividend payout ratio is presently 81.73%.

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Separately, BidaskClub lowered shares of Universal Health Realty Income Trust from a “hold” rating to a “sell” rating in a research note on Wednesday, August 9th.

Universal Health Realty Income Trust Profile

Universal Health Realty Income Trust is a real estate investment trust (REIT). The Company invests in healthcare and human service related facilities, including acute care hospitals, rehabilitation hospitals, sub-acute facilities, surgery centers, free-standing emergency departments, childcare centers and medical office buildings (MOBs).

Institutional Ownership by Quarter for Universal Health Realty Income Trust (NYSE:UHT)

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