Healthcare Realty Trust Incorporated (NYSE:HR) Director Purchases $16,850.00 in Stock

Healthcare Realty Trust Incorporated (NYSE:HR) Director Jay P. Leupp bought 1,000 shares of Healthcare Realty Trust stock in a transaction on Friday, December 20th. The stock was acquired at an average cost of $16.85 per share, with a total value of $16,850.00. Following the acquisition, the director now owns 33,830 shares in the company, valued at approximately $570,035.50. This represents a 3.05 % increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Healthcare Realty Trust Stock Up 1.1 %

NYSE:HR traded up $0.18 during trading hours on Friday, hitting $16.88. 11,849,084 shares of the stock traded hands, compared to its average volume of 3,509,541. The stock has a 50 day moving average price of $17.72 and a 200 day moving average price of $17.52. Healthcare Realty Trust Incorporated has a 1 year low of $12.77 and a 1 year high of $18.90. The company has a market cap of $5.98 billion, a price-to-earnings ratio of -10.68 and a beta of 0.93.

Healthcare Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Tuesday, November 12th were given a dividend of $0.31 per share. The ex-dividend date was Tuesday, November 12th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 7.35%. Healthcare Realty Trust’s dividend payout ratio is currently -78.48%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Wells Fargo & Company reissued an “underweight” rating and set a $17.00 price objective (up from $16.00) on shares of Healthcare Realty Trust in a report on Tuesday, October 1st. JPMorgan Chase & Co. lowered Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 price objective for the company. in a report on Friday. One investment analyst has rated the stock with a sell rating and five have issued a hold rating to the company’s stock. Based on data from MarketBeat.com, Healthcare Realty Trust presently has an average rating of “Hold” and an average price target of $17.50.

Institutional Investors Weigh In On Healthcare Realty Trust

Several large investors have recently bought and sold shares of the business. Allspring Global Investments Holdings LLC boosted its stake in shares of Healthcare Realty Trust by 38.1% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 2,276 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 628 shares during the period. EverSource Wealth Advisors LLC lifted its position in shares of Healthcare Realty Trust by 260.6% during 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 last quarter. Point72 Hong Kong Ltd purchased a new stake in shares of Healthcare Realty Trust during the third quarter valued at $65,000. Wilmington Savings Fund Society FSB purchased a new position in Healthcare Realty Trust in the 3rd quarter worth about $78,000. Finally, Harbor Capital Advisors Inc. bought a new stake in Healthcare Realty Trust during the 3rd quarter valued at about $89,000.

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.