Healthcare Realty Trust Incorporated (NYSE:HR) Stock Holdings Trimmed by Heitman Real Estate Securities LLC

Heitman Real Estate Securities LLC lessened its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 6.6% in the third quarter, according to its most recent filing with the SEC. The firm owned 67,954 shares of the real estate investment trust’s stock after selling 4,791 shares during the quarter. Heitman Real Estate Securities LLC’s holdings in Healthcare Realty Trust were worth $1,233,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Allspring Global Investments Holdings LLC grew its position in Healthcare Realty Trust by 38.1% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 2,276 shares of the real estate investment trust’s stock valued at $38,000 after buying an additional 628 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in Healthcare Realty Trust by 260.6% in the second quarter. EverSource Wealth Advisors LLC now owns 2,809 shares of the real estate investment trust’s stock worth $50,000 after purchasing an additional 2,030 shares during the period. Point72 Hong Kong Ltd bought a new position in Healthcare Realty Trust during the 3rd quarter valued at $65,000. Harbor Capital Advisors Inc. acquired a new position in shares of Healthcare Realty Trust during the 3rd quarter valued at $89,000. Finally, GAMMA Investing LLC lifted its holdings in shares of Healthcare Realty Trust by 67.2% in the second quarter. GAMMA Investing LLC now owns 5,569 shares of the real estate investment trust’s stock valued at $92,000 after buying an additional 2,238 shares during the period.

Healthcare Realty Trust Trading Up 1.2 %

HR stock opened at $18.55 on Tuesday. The company has a 50 day moving average of $17.75 and a two-hundred day moving average of $17.36. Healthcare Realty Trust Incorporated has a 12-month low of $12.77 and a 12-month high of $18.90.

Healthcare Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Tuesday, November 12th were issued a dividend of $0.31 per share. The ex-dividend date was Tuesday, November 12th. This represents a $1.24 annualized dividend and a dividend yield of 6.69%. Healthcare Realty Trust’s dividend payout ratio is -78.48%.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on HR shares. Wedbush raised their target price on shares of Healthcare Realty Trust from $15.00 to $18.00 and gave the stock a “neutral” rating in a report on Monday, August 5th. Wells Fargo & Company restated an “underweight” rating and issued a $17.00 target price (up from $16.00) on shares of Healthcare Realty Trust in a report on Tuesday, October 1st. Finally, Scotiabank increased their price target on Healthcare Realty Trust from $17.00 to $18.00 and gave the company a “sector perform” rating in a research report on Wednesday, August 7th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $17.17.

Insider Activity

In related news, Director John Knox Singleton purchased 6,500 shares of Healthcare Realty Trust stock in a transaction on Thursday, September 5th. The stock was bought at an average price of $18.24 per share, with a total value of $118,560.00. Following the completion of the transaction, the director now directly owns 57,082 shares of the company’s stock, valued at approximately $1,041,175.68. This represents a 12.85 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Thomas N. Bohjalian acquired 7,750 shares of the stock in a transaction dated Friday, November 22nd. The shares were bought at an average cost of $17.39 per share, for a total transaction of $134,772.50. Following the acquisition, the director now owns 50,002 shares in the company, valued at $869,534.78. The trade was a 18.34 % increase in their position. The disclosure for this purchase can be found here. 0.56% of the stock is owned by corporate insiders.

Healthcare Realty Trust Company 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.