Bank of Nova Scotia Acquires Shares of 28,127 Healthcare Realty Trust Incorporated (NYSE:HR)

Bank of Nova Scotia bought a new position in shares of Healthcare Realty Trust Incorporated (NYSE:HR – Get Rating) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 28,127 shares of the real estate investment trust’s stock, valued at approximately $542,000.

A number of other large investors have also recently modified their holdings of the business. Keeley Teton Advisors LLC lifted its position in shares of Healthcare Realty Trust by 1.3% during the 1st quarter. Keeley Teton Advisors LLC now owns 45,348 shares of the real estate investment trust’s stock valued at $1,246,000 after acquiring an additional 563 shares during the period. Cibc World Markets Corp grew its stake in Healthcare Realty Trust by 0.8% in the first quarter. Cibc World Markets Corp now owns 74,328 shares of the real estate investment trust’s stock valued at $2,043,000 after acquiring an additional 570 shares during the period. Capital Investment Advisory Services LLC increased its holdings in shares of Healthcare Realty Trust by 6.1% during the fourth quarter. Capital Investment Advisory Services LLC now owns 10,798 shares of the real estate investment trust’s stock valued at $208,000 after acquiring an additional 621 shares in the last quarter. Louisiana State Employees Retirement System raised its position in shares of Healthcare Realty Trust by 0.7% during the fourth quarter. Louisiana State Employees Retirement System now owns 101,900 shares of the real estate investment trust’s stock worth $1,964,000 after purchasing an additional 700 shares during the period. Finally, Profund Advisors LLC lifted its holdings in shares of Healthcare Realty Trust by 4.2% in the 4th quarter. Profund Advisors LLC now owns 19,208 shares of the real estate investment trust’s stock worth $370,000 after purchasing an additional 770 shares in the last quarter. Institutional investors and hedge funds own 98.37% of the company’s stock.

Insider Buying and Selling

In other news, Director James Joseph Iv Kilroy bought 2,400 shares of the firm’s stock in a transaction on Wednesday, March 8th. The stock was acquired at an average cost of $19.02 per share, with a total value of $45,648.00. Following the completion of the transaction, the director now directly owns 26,601 shares of the company’s stock, valued at approximately $505,951.02. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.00% of the stock is currently owned by insiders.

Healthcare Realty Trust Price Performance

Shares of NYSE:HR opened at $19.29 on Wednesday. The company’s 50-day moving average is $19.40 and its 200 day moving average is $19.82. Healthcare Realty Trust Incorporated has a fifty-two week low of $18.00 and a fifty-two week high of $30.76.

Healthcare Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 2nd. Investors of record on Tuesday, May 16th will be issued a $0.31 dividend. The ex-dividend date is Monday, May 15th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 6.43%. Healthcare Realty Trust’s dividend payout ratio (DPR) is presently -620.00%.

Analyst Upgrades and Downgrades

HR has been the topic of several research reports. Credit Suisse Group downgraded shares of Healthcare Realty Trust from an “outperform” rating to a “neutral” rating and lowered their price objective for the stock from $23.00 to $20.00 in a report on Monday, March 6th. TheStreet lowered Healthcare Realty Trust from a “c” rating to a “d+” rating in a report on Wednesday, March 1st. Wells Fargo & Company assumed coverage on Healthcare Realty Trust in a report on Wednesday, April 19th. They issued an “equal weight” rating on the stock. Finally, Barclays raised their price objective on Healthcare Realty Trust from $24.00 to $25.00 in a research note on Thursday, May 11th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $25.71.

About Healthcare Realty Trust

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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 by David R.