Wilmington Savings Fund Society FSB Purchases New Stake in Healthcare Realty Trust Incorporated (NYSE:HR)

Wilmington Savings Fund Society FSB acquired a new position in Healthcare Realty Trust Incorporated (NYSE:HR) during the 3rd quarter, HoldingsChannel reports. The fund acquired 4,291 shares of the real estate investment trust’s stock, valued at approximately $78,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Sanctuary Advisors LLC purchased a new position in shares of Healthcare Realty Trust during the 3rd quarter valued at $194,000. Barclays PLC grew its position in shares of Healthcare Realty Trust by 116.2% in 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 in the last quarter. Y Intercept Hong Kong Ltd bought a new stake in shares of Healthcare Realty Trust during the 3rd quarter valued at $849,000. MML Investors Services LLC lifted its holdings in Healthcare Realty Trust by 6.1% during the 3rd quarter. MML Investors Services LLC now owns 24,487 shares of the real estate investment trust’s stock worth $444,000 after purchasing an additional 1,416 shares in the last quarter. Finally, Hodges Capital Management Inc. boosted its stake in Healthcare Realty Trust by 9.2% in the 3rd quarter. Hodges Capital Management Inc. now owns 34,985 shares of the real estate investment trust’s stock worth $635,000 after purchasing an additional 2,935 shares during the period.

Analysts Set New Price Targets

HR has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. downgraded shares of Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 price target on the stock. in a report on Friday. Wells Fargo & Company reaffirmed an “underweight” rating and set a $17.00 target price (up previously from $16.00) on shares of Healthcare Realty Trust in a report on Tuesday, October 1st. One research analyst has rated the stock with a sell rating and five have given a hold rating to the stock. According to data from MarketBeat, Healthcare Realty Trust has an average rating of “Hold” and a consensus target price of $17.50.

Insider Buying and Selling

In other Healthcare Realty Trust news, Director Thomas N. Bohjalian bought 7,750 shares of Healthcare Realty Trust stock in a transaction that occurred on Friday, November 22nd. The shares were bought at an average price of $17.39 per share, with a total value of $134,772.50. Following the acquisition, the director now owns 50,002 shares in the company, valued at approximately $869,534.78. This trade represents a 18.34 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Peter F. Sr Lyle, Sr. acquired 10,000 shares of the firm’s stock in a transaction dated Friday, December 13th. The stock was bought at an average price of $17.21 per share, for a total transaction of $172,100.00. Following the acquisition, the director now owns 26,576 shares of the company’s stock, valued at approximately $457,372.96. This trade represents a 60.33 % increase in their position. The disclosure for this purchase can be found here. Over the last ninety days, insiders purchased 18,750 shares of company stock worth $323,723. Corporate insiders own 0.56% of the company’s stock.

Healthcare Realty Trust Trading Up 1.1 %

HR stock opened at $16.88 on Friday. Healthcare Realty Trust Incorporated has a 1-year low of $12.77 and a 1-year high of $18.90. The stock has a market cap of $5.98 billion, a price-to-earnings ratio of -10.68 and a beta of 0.93. The company’s 50 day moving average is $17.72 and its 200 day moving average is $17.52.

Healthcare Realty Trust Dividend Announcement

The business also recently disclosed 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. This represents a $1.24 dividend on an annualized basis and a dividend yield of 7.35%. The ex-dividend date of this dividend was Tuesday, November 12th. Healthcare Realty Trust’s dividend payout ratio is currently -78.48%.

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.