CreativeOne Wealth LLC Takes $213,000 Position in Healthcare Realty Trust Incorporated (NYSE:HR)

CreativeOne Wealth LLC purchased a new stake in Healthcare Realty Trust Incorporated (NYSE:HR) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 11,762 shares of the real estate investment trust’s stock, valued at approximately $213,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Quantbot Technologies LP increased its stake in shares of Healthcare Realty Trust by 18.1% in the third quarter. Quantbot Technologies LP now owns 279,181 shares of the real estate investment trust’s stock valued at $5,067,000 after buying an additional 42,853 shares during the period. Penserra Capital Management LLC increased its stake in shares of Healthcare Realty Trust by 22.9% in the third quarter. Penserra Capital Management LLC now owns 78,113 shares of the real estate investment trust’s stock valued at $1,417,000 after buying an additional 14,570 shares during the period. Cerity Partners LLC grew its stake in Healthcare Realty Trust by 106.4% during the third quarter. Cerity Partners LLC now owns 77,545 shares of the real estate investment trust’s stock worth $1,407,000 after purchasing an additional 39,975 shares during the period. Pzena Investment Management LLC acquired a new stake in Healthcare Realty Trust during the third quarter worth approximately $40,392,000. Finally, Advisors Asset Management Inc. grew its stake in Healthcare Realty Trust by 7.2% during the third quarter. Advisors Asset Management Inc. now owns 128,261 shares of the real estate investment trust’s stock worth $2,328,000 after purchasing an additional 8,638 shares during the period.

Insider Activity

In related news, Director Thomas N. Bohjalian bought 7,750 shares of the company’s stock in a transaction dated Friday, November 22nd. The shares were bought at an average price of $17.39 per share, for a total transaction of $134,772.50. Following the completion of the acquisition, the director now directly owns 50,002 shares of the company’s stock, valued at $869,534.78. This trade represents a 18.34 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director John Knox Singleton bought 6,500 shares of the company’s stock in a transaction dated Thursday, September 5th. The stock was bought at an average price of $18.24 per share, for a total transaction of $118,560.00. Following the acquisition, 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 disclosure for this purchase can be found here. Corporate insiders own 0.56% of the company’s stock.

Healthcare Realty Trust Stock Performance

Shares of Healthcare Realty Trust stock opened at $18.12 on Wednesday. Healthcare Realty Trust Incorporated has a 52 week low of $12.77 and a 52 week high of $18.90. The stock has a 50 day moving average price of $17.75 and a two-hundred day moving average price of $17.38. The stock has a market capitalization of $6.42 billion, a PE ratio of -11.47 and a beta of 0.93.

Healthcare Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Tuesday, November 12th were issued a $0.31 dividend. The ex-dividend date of this dividend was Tuesday, November 12th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 6.84%. Healthcare Realty Trust’s dividend payout ratio is presently -78.48%.

Analyst Ratings Changes

HR has been the subject of several recent analyst reports. 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 research note on Tuesday, October 1st. Scotiabank raised their target price on Healthcare Realty Trust from $17.00 to $18.00 and gave the stock a “sector perform” rating in a research note 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 given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $17.17.

Healthcare Realty Trust 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.