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

Healthcare Realty Trust Incorporated (NYSE:HR) Director Peter F. Sr Lyle, Sr. purchased 10,000 shares of Healthcare Realty Trust stock in a transaction dated Friday, December 13th. The shares were acquired at an average cost of $17.21 per share, with a total value of $172,100.00. Following the transaction, the director now directly owns 26,576 shares in the company, valued at approximately $457,372.96. The trade was a 60.33 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Healthcare Realty Trust Trading Down 3.5 %

NYSE HR opened at $16.90 on Thursday. The stock has a market cap of $5.99 billion, a price-to-earnings ratio of -10.70 and a beta of 0.93. Healthcare Realty Trust Incorporated has a 12 month low of $12.77 and a 12 month high of $18.90. The company’s 50 day moving average is $17.73 and its two-hundred day moving average is $17.52.

Healthcare Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Tuesday, November 12th were issued 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 yield of 7.34%. Healthcare Realty Trust’s dividend payout ratio is presently -78.48%.

Analyst Ratings Changes

Separately, Wells Fargo & Company reiterated an “underweight” rating and set a $17.00 price target (up previously from $16.00) on shares of Healthcare Realty Trust in a research note on Tuesday, October 1st. 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 company. According to MarketBeat, Healthcare Realty Trust has an average rating of “Hold” and a consensus target price of $17.17.

Hedge Funds Weigh In On Healthcare Realty Trust

Several large investors have recently made changes to their positions in HR. Pzena Investment Management LLC bought a new stake in Healthcare Realty Trust during the 3rd quarter valued at approximately $40,392,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Healthcare Realty Trust by 358.2% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,142,110 shares of the real estate investment trust’s stock valued at $38,879,000 after buying an additional 1,674,583 shares during the last quarter. Renaissance Technologies LLC purchased a new position in shares of Healthcare Realty Trust in the second quarter worth $10,304,000. Candriam S.C.A. bought a new position in shares of Healthcare Realty Trust during the second quarter worth $8,911,000. Finally, Millennium Management LLC grew its stake in Healthcare Realty Trust by 1,003.2% during the second quarter. Millennium Management LLC now owns 435,977 shares of the real estate investment trust’s stock valued at $7,185,000 after acquiring an additional 396,456 shares in the last quarter.

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.