State Street Discloses 6.9% Stake in Universal Health Realty Trust
Ticker: UHT · Form: SC 13G/A · Filed: Jan 29, 2024 · CIK: 798783
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amended-filing, real-estate, passive-investing
TL;DR
**State Street owns 6.9% of Universal Health Realty Income Trust as of year-end 2023.**
AI Summary
State Street Corporation, a major financial institution, filed an amended SC 13G/A on January 29, 2024, disclosing its ownership in Universal Health Realty Income Trust. As of December 31, 2023, State Street beneficially owned 1,000,000 shares, representing 6.9% of the REIT's outstanding shares. This filing indicates a significant institutional holding, which can provide stability but also means large sales could impact the stock price.
Why It Matters
This filing shows that a large institutional investor, State Street, holds a substantial portion of Universal Health Realty Income Trust, signaling confidence but also potential volatility if their position changes.
Risk Assessment
Risk Level: medium — While a large institutional holder can provide stability, a significant reduction in their stake could put downward pressure on the stock price.
Analyst Insight
Investors should monitor future SC 13G/A filings from State Street Corporation for any significant changes in their 6.9% stake, as large buying or selling could influence the stock price of Universal Health Realty Income Trust.
Key Numbers
- 1,000,000 — Shares Beneficially Owned (Represents State Street Corporation's total holding in Universal Health Realty Income Trust.)
- 6.9% — Percentage of Class Outstanding (Indicates the significant portion of the company owned by State Street Corporation.)
Key Players & Entities
- State Street Corporation (company) — the reporting person and beneficial owner of shares
- Universal Health Realty Income Trust (company) — the issuer of the securities
- 1,000,000 (dollar_amount) — number of shares beneficially owned by State Street Corporation
- 6.9% (dollar_amount) — percentage of class outstanding owned by State Street Corporation
- December 31, 2023 (date) — the date of the event requiring the filing
Forward-Looking Statements
- State Street Corporation will maintain a significant, but potentially fluctuating, stake in Universal Health Realty Income Trust over the next year. (State Street Corporation) — medium confidence, target: 2025-01-29
FAQ
Who is the reporting person in this SC 13G/A filing?
The reporting person is State Street Corporation, as stated on page 2 of 5, item 1.
What is the name of the issuer whose securities are being reported?
The issuer is Universal Health Realty Income Trust, as identified on page 1 of 5 under 'NAME OF ISSUER'.
What was the date of the event that required this filing?
The date of the event which required this filing was December 31, 2023, as specified on page 1 of 5 under 'DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT'.
How many shares of Universal Health Realty Income Trust does State Street Corporation beneficially own?
State Street Corporation beneficially owns 1,000,000 shares of Universal Health Realty Income Trust, as indicated on page 2 of 5, item 9.
What percentage of the class of securities outstanding does State Street Corporation own?
State Street Corporation owns 6.9% of the class of securities outstanding, as reported on page 2 of 5, item 13.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 29, 2024 regarding UNIVERSAL HEALTH REALTY INCOME TRUST (UHT).