Healthcare Realty Trust Incorporated (NYSE:HR) Shares Bought by Capital Investment Advisors LLC

Capital Investment Advisors LLC increased its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 31.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 469,323 shares of the real estate investment trust’s stock after acquiring an additional 111,125 shares during the quarter. Capital Investment Advisors LLC’s holdings in Healthcare Realty Trust were worth $7,955,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. EverSource Wealth Advisors LLC lifted its position in Healthcare Realty Trust by 260.6% in 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 period. Point72 Hong Kong Ltd purchased a new position in Healthcare Realty Trust during the third quarter valued at approximately $65,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Healthcare Realty Trust in the third quarter worth $78,000. Harbor Capital Advisors Inc. purchased a new stake in shares of Healthcare Realty Trust during the third quarter worth $89,000. Finally, GAMMA Investing LLC boosted its position in Healthcare Realty Trust by 33.7% during the third quarter. GAMMA Investing LLC now owns 7,444 shares of the real estate investment trust’s stock valued at $135,000 after purchasing an additional 1,875 shares during the last quarter.

Healthcare Realty Trust Stock Down 1.1 %

HR stock traded down $0.17 during midday trading on Monday, reaching $15.82. 451,962 shares of the company’s stock traded hands, compared to its average volume of 3,004,088. Healthcare Realty Trust Incorporated has a 52 week low of $12.77 and a 52 week high of $18.90. The company has a market cap of $5.61 billion, a price-to-earnings ratio of -10.01 and a beta of 0.94. The firm’s fifty day moving average price is $17.38 and its 200-day moving average price is $17.57.

Healthcare Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Tuesday, November 12th were paid a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 7.84%. The ex-dividend date of this dividend was Tuesday, November 12th. Healthcare Realty Trust’s dividend payout ratio (DPR) is presently -78.48%.

Insider Activity

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

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on HR. JPMorgan Chase & Co. lowered Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 price objective on the stock. in a report on Friday, December 20th. Wedbush cut Healthcare Realty Trust from a “neutral” rating to an “underperform” rating and cut their price target for the company from $18.00 to $16.00 in a report on Thursday, January 2nd. Wells Fargo & Company reiterated an “underweight” rating and issued a $17.00 price objective (up from $16.00) on shares of Healthcare Realty Trust in a research note on Tuesday, October 1st. Finally, Jefferies Financial Group cut Healthcare Realty Trust from a “buy” rating to a “hold” rating and cut their price target for the company from $19.00 to $17.00 in a report on Thursday, January 2nd. Two equities research analysts have rated the stock with a sell rating and five have assigned a hold rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $17.14.

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.