Welcome to our dedicated page for Universal Health news (Ticker: UHT), a resource for investors and traders seeking the latest updates and insights on Universal Health stock.
Universal Health Realty) Trust (UHT) provides investors with centralized access to official announcements and market developments for this healthcare-focused REIT. This page aggregates all material disclosures including earnings reports, property acquisitions, and strategic partnerships essential for understanding UHT's position in medical real estate markets.
Users will find press releases, regulatory filings, and operational updates related to UHT's portfolio of healthcare facilities. Content spans lease agreements, advisory service expansions, and financial performance metrics while adhering to factual reporting standards.
This resource enables efficient tracking of UHT's activities in acute care hospitals, outpatient centers, and medical office buildings. The Trust's unique position at the intersection of healthcare services and real estate investment is reflected through curated news highlighting tenant relationships and portfolio diversification.
Bookmark this page for streamlined monitoring of UHT's developments in a sector requiring specialized property management expertise. Cross-reference announcements with SEC filings and industry analysis for informed decision-making.
Provident Healthcare Partners announced its advisory role for Riverside Medical Clinic (RMC) in a partnership with Universal Health Services (UHS). RMC, a prominent multi-specialty physician practice in California with over 180 providers and a management services organization employing over 800 staff, aims to leverage this partnership for growth. UHS, recognized as one of the largest healthcare providers in the U.S., operates 26 acute care hospitals and 334 behavioral health facilities. The transaction’s financial terms were not disclosed, but both parties expressed optimism about the collaboration.
Universal Health Realty Income Trust (UHT) reported a net income of $5.3 million, or $.39 per diluted share, for Q3 2021, a slight increase from $5.2 million in Q3 2020. Funds from operations (FFO) rose to $12.6 million, or $.92 per diluted share, compared to $11.9 million, or $.86 per diluted share, last year. The increase was driven by new income from the Clive Behavioral Health facility and higher bonus rental income, offset by increased interest expenses. For the nine-month period, net income grew to $17.6 million, up from $14.4 million, with adjusted net income at $16.2 million.
Universal Health Realty Income Trust (NYSE: UHT) has declared a dividend of $.70 per share, payable on September 30, 2021, to shareholders on record as of September 20, 2021. The Trust focuses on real estate investments in healthcare facilities, including hospitals and medical offices, with a diverse portfolio of 72 investments across 20 states. This announcement underscores the Trust's commitment to returning value to shareholders while maintaining a robust investment strategy in the healthcare sector.
Universal Health Realty Income Trust (UHT) reported a net income of $6.6 million, or $0.48 per diluted share, for Q2 2021, up from $4.7 million, or $0.34 per diluted share, in Q2 2020. Funds from Operations (FFO) increased to $12.6 million, or $0.92 per diluted share, compared to $11.4 million, or $0.83 per diluted share, in the same period last year. The results include a $1.3 million gain from the sale of a medical office building. For H1 2021, net income rose to $12.2 million, or $0.89 per diluted share. The second quarter dividend was set at $0.70 per share.
Universal Health Realty Income Trust (UHT) announced an increase in its quarterly dividend to $.70 per share, up by $.005. This dividend will be paid on June 30, 2021, to shareholders of record as of June 16, 2021. The Trust focuses on investments in the healthcare sector, with a portfolio of 73 investments across 20 states, encompassing various facilities such as hospitals and rehabilitation centers.
Universal Health Realty Income Trust (NYSE:UHT) reported a net income of $5.6 million ($.41 per diluted share) for Q1 2021, up from $4.6 million ($.33 per diluted share) in Q1 2020. Funds from operations (FFO) rose to $12.7 million ($.92 per diluted share), compared to $11.2 million ($.82 per diluted share) in the prior year. Key drivers for revenue growth included increased bonus rental from hospital facilities and reduced interest expenses. A dividend of $.695 per share was declared for Q1. However, potential lease expirations may impact future revenue.
Universal Health Realty Income Trust (UHT) has announced a dividend of $.695 per share, scheduled for payment on March 31, 2021. This dividend is for shareholders on record as of March 17, 2021. UHT, a real estate investment trust, specializes in healthcare-related facilities, holding 72 investments across 20 states. The company focuses on various facilities, including acute care hospitals and rehabilitation centers.
Universal Health Realty Income Trust (NYSE:UHT) reported a net income of $5.0 million ($0.36 per diluted share) for Q4 2020, down from $5.8 million ($0.42 per diluted share) in Q4 2019. Adjusted net income for Q4 2019, excluding a $1.7 million gain, was $4.1 million ($0.30 per diluted share). For 2020, net income was $19.4 million ($1.41 per diluted share), slightly up from $19.0 million ($1.38 per diluted share) in 2019. Funds from operations (FFO) increased to $11.8 million ($0.85 per diluted share) in Q4 2020. The company faced challenges from vacancies in Texas and Indiana, but 99% of tenants paid rent through December 2020.
Universal Health Realty Income Trust (NYSE:UHT) announced a $0.005 increase in its quarterly dividend, bringing the total to $0.695 per share. The dividend will be paid on December 31, 2020, to shareholders recorded by December 17, 2020. This decision reflects the Trust's commitment to returning value to its investors. UHT invests in healthcare and human service facilities across twenty states, with seventy-one investments, indicating a diversified portfolio in a vital sector.
Universal Health Realty Income Trust (NYSE:UHT) reported a net income of $5.2 million ($0.38 per diluted share) for Q3 2020, a rise from $4.7 million ($0.34 per diluted share) in Q3 2019. Funds from operations (FFO) increased to $11.9 million ($0.86 per share) compared to $11.4 million ($0.83 per share) a year prior. Key factors included a $695,000 decrease in interest expense and increased bonus rental from UHS. However, operational losses from vacant properties negatively impacted results, with a combined net operating loss of $153,000 in Q3 2020 versus a profit of $738,000 in Q3 2019.
For the nine-month period, net income rose to $14.4 million ($1.05 per share) from $13.1 million ($0.95 per share) in the prior period, with FFO climbing to $34.5 million ($2.50 per share).
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