UHT
Universal Health Realty Income TrustReal Estate·REIT - Healthcare Facilities
$41.45
$575M market cap
Revenue
$98.5M
Free Cash Flow
$25.6M
Rev Growth
+0.0%
FCF Margin
25.9%
P/FCF
22.5x
EV/FCF
37.5x
Fwd EV/EBITDA
--
Fair Value
--
Upside
--
Universal Health Realty Income Trust, a real estate investment trust, invests in healthcare and human service related facilities including acute care hospitals, rehabilitation hospitals, sub-acute care facilities, medical/office buildings, free-standing emergency departments and childcare centers. We have investments in seventy-one properties located in twenty states, including two that are currently under construction.
2-Year Price History
$42.30+25.7%
Quarterly Financials & Projections
Quarterly Waterfall ($ M)
| Period | Rev | EBITDA | OpIn | NI | OCF | FCF | CapEx | Cash | Debt | Shares | ROIC | IntCov | EV/EBITDA | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Act | 2026-Q1 | 24.5 | 15.9 | 9.0 | 5.0 | 12.0 | 12.0 | -0.0 | 7.1 | 389.2 | 13.9 | 8.3% | 3.6x | -- |
| Act | 2025-Q4 | 74.0 | 14.1 | 27.7 | 4.3 | 13.6 | 13.6 | -0.0 | 6.7 | 386.0 | 13.9 | 25.4% | 5.4x | -- |
Valuation & Metrics
Market Stats
Price$41.45
Market Cap$575M
Enterprise Value$957M
P/S Ratio5.8x
P/FCF22.5x
EV/FCF37.5x
FCF Margin (TTM)25.9%
FCF Yield4.4%
Dividend Yield (TTM)8.9%
Annual Dilution0.0%
CurrencyUSD
TTM Financial Snapshot
Revenue$98.5M
Net Income$9.3M
Free Cash Flow$25.6M
Revenue Growth (YoY)+0.0%
EBITDA Margin30.4%
Net Margin9.5%
FCF Margin25.9%
CapEx % of Revenue0.0%
SBC % of Revenue0.5%
ROIC16.8%
WC Change % Rev0.2%
Interest Coverage4.2x
Forward Outlook & Risk
Short Interest
Short % of Float--
Short Shares0.4M
Days to Cover6.4
Change (vs Prior)+25.7%
Need at least 2 settlement dates for chart
Institutional Ownership
Headline & net flow
NEUTRAL
Net flow · —still filing
No float data — flow unavailable.
Ownership composition
Active
26.7%(+1.3% YoY)
170 filers
hedge / family / endowment
Retail funds
—
Fidelity, Schwab, 401(k)
Passive
35.3%(-0.2% YoY)
9 filers
Vanguard, iShares, SPDR
Market makers
0.2%(-0.2% YoY)
6 filers
Citadel, Susquehanna
Insiders
—
Form 4 — latest per insider
ActiveRetail fundsPassiveMarket makersRetail direct
Top holders
| Fund | $ value | Cost basis | Δ QoQ | Δ YoY | α life | Fund AUM |
|---|---|---|---|---|---|---|
| BlackRock, Inc.Passive | $91.5M | $40.56 | +$1.3M | +$2.4M | -0.2% | $5.69T |
| VANGUARD PORTFOLIO MANAGEMENT LLCPassive | $38.8M | $40.47 | +$38.8M | +$38.8M | — | $1.91T |
| VANGUARD CAPITAL MANAGEMENT LLCPassive | $24.1M | $40.47 | +$24.1M | +$24.1M | — | $4.04T |
| STATE STREET CORPPassive | $22.6M | $37.58 | +$617K | −$1.8M | -0.2% | $2.89T |
| GEODE CAPITAL MANAGEMENT, LLCPassive | $14.3M | $38.28 | +$400K | +$419K | +2.3% | $1.61T |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | $13.8M | $35.01 | −$1.0M | −$218K | +1.7% | $73.71B |
| RENAISSANCE TECHNOLOGIES LLC | $8.9M | $36.43 | −$283K | −$1.4M | +1.2% | $63.91B |
| Vinva Investment Management Ltd | $8.6M | $40.47 | +$1.9M | +$8.6M | -0.3% | $7.97B |
| Bank of New York Mellon Corp | $8.4M | $36.02 | −$3.6M | −$8.9M | -0.2% | $543.21B |
| DIMENSIONAL FUND ADVISORS LPPassive | $7.7M | $36.54 | +$109K | +$20K | -0.4% | $480.92B |
| MORGAN STANLEY | $6.6M | $37.88 | −$703K | −$2.0M | -0.3% | $1.65T |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $6.1M | $37.60 | +$780K | +$1.2M | +0.7% | $645.81B |
| ProShare Advisors LLC | $6.0M | $37.86 | −$230K | −$1.1M | -0.7% | $67.49B |
| AQR CAPITAL MANAGEMENT LLC | $5.9M | $37.65 | +$516K | +$4.9M | -0.2% | $218.19B |
| Qube Research & Technologies Ltd | $5.3M | $37.51 | +$768K | +$5.1M | +0.3% | $70.36B |
| Invesco Ltd. | $5.2M | $37.89 | +$22K | −$512K | -0.2% | $652.04B |
| TWO SIGMA INVESTMENTS, LP | $5.2M | $39.56 | +$3.6M | +$3.5M | -0.9% | $117.03B |
| NORTHERN TRUST CORPPassive | $4.8M | $36.23 | +$308K | −$847K | -0.2% | $755.34B |
| STIFEL FINANCIAL CORP | $3.8M | $36.47 | +$661K | −$22K | -0.3% | $108.17B |
| VANGUARD FIDUCIARY TRUST COPassive | $3.7M | $40.47 | +$3.7M | +$3.7M | — | $395.83B |
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.
Trading behavior
Smart-money alpha (lifetime, %/qtr)NEUTRAL
Holders
+0.09%
avg per quarter
Holders (ex-self)
+0.09%
excl. this stock
Buyers (this Q)
-0.26%
84 buyers · $0.10B in
Sellers (this Q)
-0.24%
59 sellers · $0.01B out
alpha coverage: 82% of $ has a lifetime-alpha record
Holder behavior on this stocksource: stock
On big dips (−10%+)
-4.4%
how holders react when this stock falls
On quiet Qs
-2.0%
−10% to +10% baseline
On rallies (+10%+)
+1.5%
how they react when this stock rises
Holders' portfolio flow this Q
+4.0%
inflows — adds are organic
Sellers' portfolio flow this Q
+5.2%
Sellers grew AUM elsewhere — opinionated cut of this stock.
▸ Compare to holder-profile behavior (across all their stocks)
Holder dip (any stock)
-3.4%
Holder mid (any stock)
-2.8%
Holder rally (any stock)
-3.9%
Biggest decreases this quarter
Bank of New York Mellon Corp−$3.6Mα-0.2MOORE CAPITAL MANAGEMENT, LPexited−$2.0MMIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.−$1.0Mα+1.7MORGAN STANLEY−$703Kα-0.3BAILARD, INC.exited−$541KVARCOV Co.exited−$308KRENAISSANCE TECHNOLOGIES LLC−$283Kα+1.2ExodusPoint Capital Management, LPexited−$269KArtisan Partners Limited Partnershipexited−$257KPharVision Advisers, LLCexited−$242K
New buyers this quarter
Top-5 holders · 52.3%
BlackRock, Inc.--
VANGUARD PORTFOLIO MANAGEMENT LLC--
VANGUARD CAPITAL MANAGEMENT LLC--
STATE STREET CORP--
GEODE CAPITAL MANAGEMENT, LLC--
Top Holders Over Time
5-year share-count history (top 10 holders by peak, incl. exited) + price
hover the chart for per-quarter detailprice (right axis)
Bank of New York Mellon Corp207KATLANTA CAPITAL MANAGEMENT CO L L C—RENAISSANCE TECHNOLOGIES LLC220KProShare Advisors LLC147KMIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.340KInvesco Ltd.129KMORGAN STANLEY163KVinva Investment Management Ltd47KAMERIPRISE FINANCIAL INC24KLegal & General Group Plc21K
Analyst Coverage
Analyst Coverage
Analyst Ratings
1
Hold: 1Consensus: Hold
Corporate
Insider Trading (last 12mo)
Open-market only (Form 4 P-Purchase + S-Sale). Excludes grants, option exercises, tax withholding, gifts.
Officers & directors
Buys ($, 12mo)
$453K
1 txn · 1 insider · 12,247 sh
Sells ($, 12mo)
$0
0 txns · 0 insiders · 0 sh
Recent transactions
| Date | Side | Insider | Title | Shares | Price | Dollars | Owned $ |
|---|---|---|---|---|---|---|---|
| 2025-10-29 | BUY | MILLER ALAN B | director, officer: President, and CEO | 12,247 | $37.02 | $453K | $6.74M |
Order Flow (FINRA, ~3w lag)
21.5%retail-2.0pp
21.4%dark+3.2pp
week of 2026-04-13
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.
Filing Risk Analysis
Filing Risk Scores
Universal Health Realty Income Trust: A Captive Financing Vehicle Disguised as a REIT
Overall Risk
7/10
Fraud
3/10
Dilution
4/10
Insolvency
6/10
Earnings Overstated
5/10
Hidden Liabilities
5/10
Legal
2/10
Audit Warnings
4/10
Hidden Upside
3/10
Contextually Acceptable
6/10