Bayesian Capital Management LP Invests $301,000 in Healthcare Realty Trust Incorporated (NYSE:HR)

Bayesian Capital Management LP bought a new position in Healthcare Realty Trust Incorporated (NYSE:HR) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 21,300 shares of the real estate investment trust’s stock, valued at approximately $301,000.

Several other large investors have also made changes to their positions in HR. Lindbrook Capital LLC grew its holdings in Healthcare Realty Trust by 106.0% during the 4th quarter. Lindbrook Capital LLC now owns 1,854 shares of the real estate investment trust’s stock worth $32,000 after acquiring an additional 954 shares during the last quarter. Muzinich & Co. Inc. lifted its position in Healthcare Realty Trust by 98.1% during the 4th 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 period. Quarry LP acquired a new position in Healthcare Realty Trust during the 4th quarter valued at about $39,000. Principal Securities Inc. acquired a new position in Healthcare Realty Trust during the 4th quarter valued at about $45,000. Finally, International Assets Investment Management LLC acquired a new position in Healthcare Realty Trust during the 4th quarter valued at about $45,000.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Wedbush upped their target price on shares of Healthcare Realty Trust from $15.00 to $16.00 and gave the company a “neutral” rating in a research report on Wednesday, May 8th. Scotiabank raised their target price on shares of Healthcare Realty Trust from $16.00 to $17.00 and gave the stock a “sector perform” rating in a report on Tuesday, July 9th. Finally, Wells Fargo & Company downgraded shares of Healthcare Realty Trust from an “equal weight” rating to an “underweight” rating and dropped their target price for the stock from $17.00 to $16.00 in a report on Tuesday. Two analysts have rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Healthcare Realty Trust has a consensus rating of “Hold” and an average target price of $17.40.

Healthcare Realty Trust Price Performance

Healthcare Realty Trust stock opened at $17.69 on Thursday. Healthcare Realty Trust Incorporated has a twelve month low of $12.77 and a twelve month high of $19.92. The company’s 50-day moving average price is $16.76 and its two-hundred day moving average price is $15.44.

Healthcare Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 28th. Stockholders of record on Monday, August 12th will be issued a dividend of $0.31 per share. The ex-dividend date is Monday, August 12th. This represents a $1.24 annualized dividend and a dividend yield of 7.01%. Healthcare Realty Trust’s dividend payout ratio is presently -93.23%.

About Healthcare Realty Trust

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.