Macquarie Group Ltd. Buys 279,441 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

Macquarie Group Ltd. boosted its stake in Healthcare Realty Trust Incorporated (NYSE:HR – Get Rating) by 505.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 334,680 shares of the real estate investment trust’s stock after purchasing an additional 279,441 shares during the quarter. Macquarie Group Ltd. owned about 0.15% of Healthcare Realty Trust worth $7,091,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Wipfli Financial Advisors LLC bought a new stake in shares of Healthcare Realty Trust in the third quarter worth about $26,000. Bessemer Group Inc. bought a new stake in shares of Healthcare Realty Trust in the third quarter worth about $28,000. Allworth Financial LP increased its holdings in shares of Healthcare Realty Trust by 483.8% in the third quarter. Allworth Financial LP now owns 1,512 shares of the real estate investment trust’s stock worth $32,000 after acquiring an additional 1,253 shares in the last quarter. Citizens National Bank Trust Department bought a new stake in shares of Healthcare Realty Trust in the third quarter worth about $32,000. Finally, Selective Wealth Management Inc. bought a new stake in shares of Healthcare Realty Trust in the third quarter worth about $33,000. Institutional investors own 98.37% of the company’s stock.

Healthcare Realty Trust Stock Performance

Shares of NYSE HR opened at $18.58 on Wednesday. The stock has a 50 day moving average price of $20.54 and a 200 day moving average price of $20.81. Healthcare Realty Trust Incorporated has a 52 week low of $18.16 and a 52 week high of $32.15. The stock has a market capitalization of $7.07 billion, a PE ratio of 168.91 and a beta of 0.76.

Healthcare Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 21st. Investors of record on Tuesday, March 7th will be given a dividend of $0.31 per share. The ex-dividend date of this dividend is Monday, March 6th. This represents a $1.24 annualized dividend and a yield of 6.67%. Healthcare Realty Trust’s dividend payout ratio (DPR) is presently 1,127.27%.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on HR. TheStreet downgraded Healthcare Realty Trust from a “c” rating to a “d+” rating in a report on Wednesday, March 1st. JPMorgan Chase & Co. lowered their price target on Healthcare Realty Trust from $28.00 to $22.00 and set a “neutral” rating for the company in a report on Friday, December 2nd. Citigroup cut Healthcare Realty Trust from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $22.50 to $22.00 in a research report on Wednesday, December 14th. Credit Suisse Group cut Healthcare Realty Trust from an “outperform” rating to a “neutral” rating and reduced their price objective for the stock from $23.00 to $20.00 in a research report on Monday. Finally, Barclays reduced their price objective on Healthcare Realty Trust from $33.00 to $28.00 in a research report on Thursday, November 10th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, Healthcare Realty Trust presently has a consensus rating of “Hold” and a consensus price target of $26.88.

Healthcare Realty Trust Company Profile

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Healthcare Realty Trust, Inc provides real estate investment services. It owns, leases, manages, acquires, finances, develops, and redevelops income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States of America. The company was founded in 1992 and is headquartered in Nashville, TN.