abrdn plc Has $1.40 Million Holdings in Healthcare Realty Trust Incorporated (NYSE:HR)

abrdn plc cut its stake in Healthcare Realty Trust Incorporated (NYSE:HR – Get Rating) by 50.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 72,459 shares of the real estate investment trust’s stock after selling 74,189 shares during the period. abrdn plc’s holdings in Healthcare Realty Trust were worth $1,396,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Elequin Securities LLC acquired a new position in shares of Healthcare Realty Trust during the 4th quarter worth about $1,316,000. Bank of Nova Scotia acquired a new position in shares of Healthcare Realty Trust during the 4th quarter worth about $542,000. William Blair Investment Management LLC boosted its stake in shares of Healthcare Realty Trust by 7.0% during the 4th quarter. William Blair Investment Management LLC now owns 1,342,666 shares of the real estate investment trust’s stock worth $25,873,000 after buying an additional 87,379 shares during the last quarter. Intech Investment Management LLC boosted its stake in shares of Healthcare Realty Trust by 11.7% during the 4th quarter. Intech Investment Management LLC now owns 12,229 shares of the real estate investment trust’s stock worth $236,000 after buying an additional 1,279 shares during the last quarter. Finally, Muzinich & Co. Inc. boosted its stake in shares of Healthcare Realty Trust by 419.5% during the 4th quarter. Muzinich & Co. Inc. now owns 4,400 shares of the real estate investment trust’s stock worth $85,000 after buying an additional 3,553 shares during the last quarter. 98.37% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Healthcare Realty Trust

In related news, Director James Joseph Iv Kilroy purchased 2,400 shares of the stock in a transaction on Wednesday, March 8th. The shares were purchased at an average cost of $19.02 per share, with a total value of $45,648.00. Following the acquisition, the director now directly owns 26,601 shares in the company, valued at $505,951.02. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 0.92% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on HR. TheStreet cut shares of Healthcare Realty Trust from a “c” rating to a “d+” rating in a report on Wednesday, March 1st. Wells Fargo & Company began coverage on shares of Healthcare Realty Trust in a report on Wednesday, April 19th. They issued an “equal weight” rating on the stock. Credit Suisse Group cut shares of 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, March 6th. Finally, Barclays upped their target price on shares of Healthcare Realty Trust from $24.00 to $25.00 in a report on Thursday, May 11th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $25.71.

Healthcare Realty Trust Price Performance

Healthcare Realty Trust stock opened at $18.66 on Thursday. Healthcare Realty Trust Incorporated has a twelve month low of $18.00 and a twelve month high of $30.76. The company’s 50-day moving average price is $19.39 and its two-hundred day moving average price is $19.82.

Healthcare Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 2nd. Shareholders of record on Tuesday, May 16th will be issued a $0.31 dividend. The ex-dividend date of this dividend is Monday, May 15th. This represents a $1.24 annualized dividend and a yield of 6.65%. Healthcare Realty Trust’s dividend payout ratio is currently -620.00%.

Healthcare Realty Trust 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 by David R.