Ensign Peak Advisors Inc increased its position in shares of Healthcare Realty Trust Incorporated (NYSE:HR – Get Rating) by 104.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 96,428 shares of the real estate investment trust’s stock after purchasing an additional 49,190 shares during the quarter. Ensign Peak Advisors Inc’s holdings in Healthcare Realty Trust were worth $2,011,000 as of its most recent filing with the SEC.
Other large investors have also recently made changes to their positions in the company. Wipfli Financial Advisors LLC purchased a new stake in shares of Healthcare Realty Trust during the third quarter worth approximately $26,000. Bessemer Group Inc. purchased a new stake in Healthcare Realty Trust in the 3rd quarter valued at $28,000. Allworth Financial LP grew its holdings in Healthcare Realty Trust by 483.8% in the 3rd quarter. Allworth Financial LP now owns 1,512 shares of the real estate investment trust’s stock valued at $32,000 after buying an additional 1,253 shares in the last quarter. Citizens National Bank Trust Department purchased a new stake in Healthcare Realty Trust in the 3rd quarter valued at $32,000. Finally, Selective Wealth Management Inc. purchased a new stake in Healthcare Realty Trust in the 3rd quarter valued at $33,000. 98.37% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling
In other news, Director James Joseph Iv Kilroy bought 10,000 shares of the firm’s stock in a transaction that occurred on Monday, March 6th. The shares were purchased at an average price of $19.27 per share, with a total value of $192,700.00. Following the purchase, the director now owns 24,201 shares in the company, valued at $466,353.27. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.92% of the stock is owned by corporate insiders.
Healthcare Realty Trust Stock Down 0.9 %
Healthcare Realty Trust Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 21st. Investors of record on Tuesday, March 7th will be paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 6.53%. The ex-dividend date is Monday, March 6th. Healthcare Realty Trust’s payout ratio is 1,127.38%.
Analyst Upgrades and Downgrades
HR has been the subject of several analyst reports. Credit Suisse Group cut Healthcare Realty Trust from an “outperform” rating to a “neutral” rating and dropped their target price for the company from $23.00 to $20.00 in a report on Monday. TheStreet cut Healthcare Realty Trust from a “c” rating to a “d+” rating in a report on Wednesday, March 1st. JPMorgan Chase & Co. dropped their target price 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 dropped their target price for the company from $22.50 to $22.00 in a report on Wednesday, December 14th. Finally, Barclays decreased their price target on Healthcare Realty Trust from $33.00 to $28.00 in a research note on Thursday, November 10th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $26.88.
Healthcare Realty Trust Company Profile
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.
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