secwatch.observer — SEC 8-K summary
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Issuer:     UNIVERSAL HEALTH REALTY INCOME TRUST (UHT)
CIK:        0000798783
Form:       8-K
Filed at:   2022-02-24T23:59:59+00:00
Accession:  0001564590-22-006768
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UHT Q4 2021 FFO $0.93, adjusted EPS $0.41; closed $82.4M asset swap with UHS
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- Q4 net income $91.6M ($6.65/sh) includes $86.0M gain on divestitures; adjusted net income $5.6M ($0.41) vs $5.0M ($0.36) YoY.
- Q4 FFO $12.9M ($0.93/diluted) vs $11.8M ($0.85) YoY; full-year FFO $50.9M ($3.69) vs $46.2M ($3.36).
- Exchanged Inland Valley Campus ($79.6M) for Aiken Regional Medical Center and Canyon Creek Behavioral Health ($82.4M); gain $68.4M.
- Purchased 5% minority interest in Grayson Properties LP for ~$3.1M; now 100% owner of Texoma Medical Plaza.
- Three vacant specialty facilities expected to incur ~$2.5M annual operating expenses in 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/798783/000156459022006768/0001564590-22-006768-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/798783/000156459022006768/uht-8k_20220224.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-006768

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer