Nomura Asset Management Co. Ltd. Trims Stock Holdings in Universal Health Realty Income Trust (NYSE:UHT)

Nomura Asset Management Co. Ltd. cut its holdings in shares of Universal Health Realty Income Trust (NYSE:UHT) by 2.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,620 shares of the real estate investment trust’s stock after selling 400 shares during the period. Nomura Asset Management Co. Ltd. owned 0.11% of Universal Health Realty Income Trust worth $715,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of UHT. State Street Corp grew its position in Universal Health Realty Income Trust by 2.0% during the 3rd quarter. State Street Corp now owns 591,170 shares of the real estate investment trust’s stock worth $27,046,000 after purchasing an additional 11,520 shares during the last quarter. ProShare Advisors LLC grew its holdings in shares of Universal Health Realty Income Trust by 69.4% during the second quarter. ProShare Advisors LLC now owns 332,728 shares of the real estate investment trust’s stock worth $13,023,000 after buying an additional 136,308 shares during the last quarter. Bank of New York Mellon Corp increased its position in Universal Health Realty Income Trust by 2.7% in the 2nd quarter. Bank of New York Mellon Corp now owns 243,615 shares of the real estate investment trust’s stock valued at $9,535,000 after acquiring an additional 6,502 shares during the period. Dimensional Fund Advisors LP raised its stake in Universal Health Realty Income Trust by 2.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 192,773 shares of the real estate investment trust’s stock valued at $7,545,000 after acquiring an additional 4,474 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in Universal Health Realty Income Trust by 1.9% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 118,523 shares of the real estate investment trust’s stock worth $5,422,000 after acquiring an additional 2,178 shares during the period. 64.66% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Universal Health Realty Income Trust Stock Performance

Shares of UHT opened at $40.09 on Friday. Universal Health Realty Income Trust has a 1 year low of $32.27 and a 1 year high of $47.30. The stock has a market capitalization of $555.25 million, a P/E ratio of 30.60 and a beta of 0.84. 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 company’s fifty day moving average is $41.24 and its two-hundred day moving average is $41.67.

Universal Health Realty Income Trust Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 16th will be issued a dividend of $0.735 per share. This is a boost from Universal Health Realty Income Trust’s previous quarterly dividend of $0.73. This represents a $2.94 annualized dividend and a yield of 7.33%. The ex-dividend date is Monday, December 16th. Universal Health Realty Income Trust’s dividend payout ratio is currently 222.90%.

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.