Peter F. Sr Lyle, Sr. Purchases 10,000 Shares of Healthcare Realty Trust Incorporated (NYSE:HR) Stock

Healthcare Realty Trust Incorporated (NYSE:HR) Director Peter F. Sr Lyle, Sr. bought 10,000 shares of the business’s stock in a transaction that occurred on Friday, December 13th. The shares were bought at an average cost of $17.21 per share, for a total transaction of $172,100.00. Following the transaction, the director now owns 26,576 shares of the company’s stock, valued at $457,372.96. The trade was a 60.33 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Healthcare Realty Trust Stock Up 1.0 %

Shares of NYSE HR opened at $17.50 on Wednesday. The company has a market capitalization of $6.20 billion, a PE ratio of -11.08 and a beta of 0.93. The stock’s 50 day moving average price is $17.74 and its 200-day moving average price is $17.53. Healthcare Realty Trust Incorporated has a twelve month low of $12.77 and a twelve month high of $18.90.

Healthcare Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Tuesday, November 12th were paid a $0.31 dividend. The ex-dividend date was Tuesday, November 12th. This represents a $1.24 dividend on an annualized basis and a yield of 7.09%. Healthcare Realty Trust’s dividend payout ratio (DPR) is presently -78.48%.

Analysts Set New Price Targets

Separately, Wells Fargo & Company restated an “underweight” rating and set a $17.00 price objective (up from $16.00) on shares of Healthcare Realty Trust in a research note on Tuesday, October 1st. One analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $17.17.

Institutional Investors Weigh In On Healthcare Realty Trust

Hedge funds have recently made changes to their positions in the business. Franklin Resources Inc. increased its holdings in Healthcare Realty Trust by 3.6% during the third quarter. Franklin Resources Inc. now owns 180,958 shares of the real estate investment trust’s stock worth $3,160,000 after buying an additional 6,238 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in shares of Healthcare Realty Trust in the 3rd quarter worth approximately $78,000. Sanctuary Advisors LLC purchased a new position in Healthcare Realty Trust in the third quarter valued at approximately $194,000. Barclays PLC grew its holdings in Healthcare Realty Trust by 116.2% during the third quarter. Barclays PLC now owns 722,582 shares of the real estate investment trust’s stock valued at $13,117,000 after purchasing an additional 388,305 shares during the period. Finally, Y Intercept Hong Kong Ltd purchased a new stake in Healthcare Realty Trust in the third quarter worth $849,000.

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.