| Market Capitalization (Millions $) |
571 |
| Shares
Outstanding (Millions) |
14 |
| Employees |
- |
| Revenues (TTM) (Millions $) |
99 |
| Net Income (TTM) (Millions $) |
19 |
| Cash Flow (TTM) (Millions $) |
1 |
| Capital Exp. (TTM) (Millions $) |
0 |
Business Description
Universal Health Realty Income Trust (UHT) is a real estate investment trust (REIT) that primarily invests in healthcare and medical office properties. The company was founded in 1986 and is based in King of Prussia, Pennsylvania.
UHT has a diversified portfolio of healthcare properties spread across the United States, including medical office buildings, hospitals, and healthcare campuses. As of September 30, 2021, the company owned 67 properties that are leased to 49 tenants, with a total of approximately1 million square feet of rentable space.
The company's largest tenant is Universal Health Services, Inc. (UHS), which is one of the largest hospital management companies in the United States. UHT leases most of its properties to UHS, which accounts for approximately 70% of the company's total revenue.
UHT's portfolio consists mainly of medical office buildings, which accounted for 67% of the company's total revenue in the third quarter of 2021. The remaining revenue comes from acute care hospitals (25%) and other healthcare properties (8%).
The company's strategy is to acquire and develop properties that are leased to high-quality tenants on a long-term basis, with the goal of providing reliable and stable cash flows to investors. UHT is recognized for providing high-quality healthcare facilities to its tenants and has been consistently rated as one of the best healthcare REITs by industry analysts.
As of December 31, 2020, UHT had total assets of $1.4 billion and a market capitalization of approximately $1.7 billion. The company has consistently paid and increased its dividend over the years, with a current annual yield of approximately5%.
In conclusion, UHT is a highly regarded healthcare REIT that provides investors with exposure to a diverse portfolio of healthcare properties leased to high-quality tenants. With its strong track record of dividend payments and stable cash flows, UHT is a solid investment option for those seeking long-term income and capital appreciation in the healthcare real estate sector.
Company Address: UNIVERSAL CORPORATE CENTER KING OF PRUSSIA 19406 PA
Company Phone Number: 265-0688 Stock Exchange / Ticker: NYSE UHT
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