Bank of New York Mellon Corp lifted its position in shares of Healthcare Realty Trust Incorporated (NYSE:HR – Get Rating) by 99.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 6,318,646 shares of the real estate investment trust’s stock after acquiring an additional 3,150,186 shares during the period. Bank of New York Mellon Corp owned 1.66% of Healthcare Realty Trust worth $131,745,000 as of its most recent filing with the SEC.
Several other institutional investors have also modified their holdings of HR. Wipfli Financial Advisors LLC acquired a new stake in Healthcare Realty Trust in the third quarter worth about $26,000. Bessemer Group Inc. acquired a new stake in Healthcare Realty Trust in the third quarter worth about $28,000. Allworth Financial LP lifted its holdings in 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 purchasing an additional 1,253 shares during the period. Citizens National Bank Trust Department acquired a new stake in Healthcare Realty Trust in the third quarter worth about $32,000. Finally, Selective Wealth Management Inc. acquired a new stake in Healthcare Realty Trust in the third quarter worth about $33,000. Institutional investors own 98.37% of the company’s stock.
Insider Buying and Selling
In other news, Director James Joseph Iv Kilroy acquired 2,400 shares of the company’s stock in a transaction that occurred on Wednesday, March 8th. The shares were purchased at an average price of $19.02 per share, for a total transaction of $45,648.00. Following the completion of the acquisition, the director now owns 26,601 shares of the company’s stock, valued at approximately $505,951.02. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.92% of the stock is currently owned by corporate insiders.
Wall Street Analyst Weigh In
Healthcare Realty Trust Price Performance
Shares of HR opened at $19.22 on Friday. The business’s 50-day moving average is $20.44 and its 200-day moving average is $20.48. Healthcare Realty Trust Incorporated has a fifty-two week low of $18.16 and a fifty-two week high of $32.15. The company has a market capitalization of $7.32 billion, a price-to-earnings ratio of 174.74 and a beta of 0.76.
Healthcare Realty Trust Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 21st. Investors of record on Tuesday, March 7th will be issued a $0.31 dividend. The ex-dividend date of this dividend is Monday, March 6th. This represents a $1.24 dividend on an annualized basis and a yield of 6.45%. Healthcare Realty Trust’s dividend payout ratio is currently 1,127.38%.
About Healthcare Realty Trust
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.
- Get a free copy of the StockNews.com research report on Healthcare Realty Trust (HR)
- MarketBeat Week in Review – 3/13 – 3/17
- This Small Tech With Big Growth Prospects Is Nearing A Buy Point
- Don’t Chase FedEx Higher, Wait For The Pullback
- 3 Stocks For A Defensive Tech Portfolio
- Milk the Dividends on These 3 Cash Cows
Want to see what other hedge funds are holding HR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Healthcare Realty Trust Incorporated (NYSE:HR – Get Rating).
Receive News & Ratings for Healthcare Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Healthcare Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.