Natixis Acquires New Shares in Healthcare Realty Trust Incorporated (NYSE:HR)

Natixis acquired a new stake in Healthcare Realty Trust Incorporated (NYSE:HR) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 446,000 shares of the real estate investment trust’s stock, valued at approximately $6,311,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in HR. Lindbrook Capital LLC grew its stake in Healthcare Realty Trust by 106.0% in the fourth quarter. Lindbrook Capital LLC now owns 1,854 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 954 shares during the last quarter. Quent Capital LLC grew its stake in Healthcare Realty Trust by 47.4% in the fourth quarter. Quent Capital LLC now owns 1,933 shares of the real estate investment trust’s stock valued at $33,000 after purchasing an additional 622 shares during the last quarter. Muzinich & Co. Inc. grew its stake in Healthcare Realty Trust by 98.1% in the fourth quarter. Muzinich & Co. Inc. now owns 2,179 shares of the real estate investment trust’s stock valued at $38,000 after purchasing an additional 1,079 shares during the last quarter. Quarry LP purchased a new position in Healthcare Realty Trust in the fourth quarter valued at about $39,000. Finally, International Assets Investment Management LLC purchased a new position in Healthcare Realty Trust in the fourth quarter valued at about $45,000.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on HR shares. Wedbush lifted their target price on Healthcare Realty Trust from $15.00 to $16.00 and gave the company a “neutral” rating in a research note on Wednesday, May 8th. Wells Fargo & Company boosted their price target on Healthcare Realty Trust from $16.00 to $17.00 and gave the stock an “equal weight” rating in a research note on Friday, June 14th. Finally, Scotiabank boosted their price target on Healthcare Realty Trust from $16.00 to $17.00 and gave the stock a “sector perform” rating in a research note on Tuesday, July 9th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and two have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $17.50.

Healthcare Realty Trust Stock Performance

NYSE HR traded down $0.11 during trading hours on Thursday, reaching $17.51. The stock had a trading volume of 3,339,351 shares, compared to its average volume of 3,479,397. The stock has a fifty day moving average of $16.61 and a 200 day moving average of $15.44. The stock has a market cap of $6.63 billion, a P/E ratio of -13.17 and a beta of 0.89. Healthcare Realty Trust Incorporated has a 52-week low of $12.77 and a 52-week high of $20.23.

Healthcare Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 23rd. Shareholders of record on Monday, May 13th were issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 7.08%. The ex-dividend date of this dividend was Friday, May 10th. Healthcare Realty Trust’s payout ratio is presently -93.23%.

Healthcare Realty Trust Profile

Healthcare Realty (NYSE: HR) is a real estate investment trust (REIT) that owns and operates medical outpatient buildings primarily located around market-leading hospital campuses. The Company selectively grows its portfolio through property acquisition and development. As the first and largest REIT to specialize in medical outpatient buildings, Healthcare Realty's portfolio includes more than 700 properties totaling over 40 million square feet concentrated in 15 growth markets.