Armor Investment Advisors LLC Sells 2,741 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

Armor Investment Advisors LLC lowered its position in Healthcare Realty Trust Incorporated (NYSE:HR) by 2.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 126,581 shares of the real estate investment trust’s stock after selling 2,741 shares during the quarter. Healthcare Realty Trust makes up about 1.0% of Armor Investment Advisors LLC’s investment portfolio, making the stock its 27th largest holding. Armor Investment Advisors LLC’s holdings in Healthcare Realty Trust were worth $2,297,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of HR. Allspring Global Investments Holdings LLC grew its holdings in Healthcare Realty Trust by 38.1% during the second 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. Signaturefd LLC lifted its holdings in Healthcare Realty Trust by 3.4% during the 3rd quarter. Signaturefd LLC now owns 24,912 shares of the real estate investment trust’s stock valued at $452,000 after purchasing an additional 823 shares during the last quarter. Victory Capital Management Inc. boosted its holdings in shares of Healthcare Realty Trust by 1.1% during the 2nd quarter. Victory Capital Management Inc. now owns 81,598 shares of the real estate investment trust’s stock worth $1,345,000 after buying an additional 848 shares during the period. Vanguard Personalized Indexing Management LLC raised its holdings in Healthcare Realty Trust by 1.4% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 66,654 shares of the real estate investment trust’s stock valued at $1,098,000 after acquiring an additional 929 shares during the period. Finally, Private Advisor Group LLC boosted its holdings in shares of Healthcare Realty Trust by 3.6% during the third quarter. Private Advisor Group LLC now owns 30,358 shares of the real estate investment trust’s stock worth $551,000 after acquiring an additional 1,062 shares during the period.

Healthcare Realty Trust Stock Down 1.4 %

Shares of NYSE HR opened at $17.32 on Wednesday. Healthcare Realty Trust Incorporated has a 12-month low of $12.77 and a 12-month high of $18.90. The firm has a market cap of $6.29 billion, a PE ratio of -11.13 and a beta of 0.91. The company’s fifty day simple moving average is $17.86 and its 200 day simple moving average is $17.00.

Healthcare Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Investors of record on Tuesday, November 12th will be paid a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 7.16%. The ex-dividend date is Tuesday, November 12th. Healthcare Realty Trust’s dividend payout ratio (DPR) is currently -78.48%.

Analyst Ratings Changes

Several research firms recently issued reports on HR. Wedbush boosted their price target on Healthcare Realty Trust from $15.00 to $18.00 and gave the company a “neutral” rating in a research note on Monday, August 5th. Wells Fargo & Company reiterated an “underweight” rating and set a $17.00 price target (up from $16.00) on shares of Healthcare Realty Trust in a report on Tuesday, October 1st. Finally, Scotiabank boosted their price objective on Healthcare Realty Trust from $17.00 to $18.00 and gave the stock a “sector perform” rating in a research report on Wednesday, August 7th. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $17.17.

Insiders Place Their Bets

In other news, Director Thomas N. Bohjalian acquired 9,000 shares of the firm’s stock in a transaction dated Monday, August 12th. The stock was purchased at an average price of $17.39 per share, for a total transaction of $156,510.00. Following the completion of the acquisition, the director now directly owns 22,252 shares in the company, valued at $386,962.28. The trade was a 0.00 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. In other Healthcare Realty Trust news, Director Thomas N. Bohjalian bought 9,000 shares of the firm’s stock in a transaction dated Monday, August 12th. The stock was bought at an average cost of $17.39 per share, with a total value of $156,510.00. Following the completion of the transaction, the director now directly owns 22,252 shares in the company, valued at approximately $386,962.28. The trade was a 0.00 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director John Knox Singleton acquired 6,500 shares of the firm’s stock in a transaction on Thursday, September 5th. The shares were bought at an average cost of $18.24 per share, with a total value of $118,560.00. Following the completion of the acquisition, the director now directly owns 57,082 shares in the company, valued at approximately $1,041,175.68. This represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. Over the last quarter, insiders have bought 15,728 shares of company stock worth $279,069. Corporate insiders own 0.56% of the company’s stock.

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.