Healthcare Realty Trust Incorporated (NYSE:HR) Shares Sold by American International Group Inc.

American International Group Inc. trimmed its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HRFree Report) by 4.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 514,465 shares of the real estate investment trust’s stock after selling 22,116 shares during the quarter. American International Group Inc. owned 0.14% of Healthcare Realty Trust worth $8,864,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Norges Bank purchased a new stake in shares of Healthcare Realty Trust in the 4th quarter valued at approximately $59,352,000. Rush Island Management LP raised its position in Healthcare Realty Trust by 43.7% in the third quarter. Rush Island Management LP now owns 11,010,401 shares of the real estate investment trust’s stock valued at $168,129,000 after purchasing an additional 3,350,506 shares during the period. APG Asset Management US Inc. lifted its stake in Healthcare Realty Trust by 12.0% during the fourth quarter. APG Asset Management US Inc. now owns 12,566,887 shares of the real estate investment trust’s stock worth $216,527,000 after purchasing an additional 1,348,529 shares in the last quarter. Beach Investment Counsel Inc. PA boosted its position in shares of Healthcare Realty Trust by 148.6% during the fourth quarter. Beach Investment Counsel Inc. PA now owns 1,690,994 shares of the real estate investment trust’s stock worth $29,136,000 after buying an additional 1,010,841 shares during the period. Finally, Adage Capital Partners GP L.L.C. grew its stake in shares of Healthcare Realty Trust by 35.9% in the third quarter. Adage Capital Partners GP L.L.C. now owns 2,650,000 shares of the real estate investment trust’s stock valued at $40,466,000 after buying an additional 700,000 shares in the last quarter.

Healthcare Realty Trust Trading Up 0.5 %

Shares of HR stock opened at $16.60 on Friday. The firm has a fifty day moving average price of $15.01 and a 200 day moving average price of $15.28. Healthcare Realty Trust Incorporated has a 12 month low of $12.77 and a 12 month high of $20.25.

Healthcare Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 23rd. Stockholders of record on Monday, May 13th were given a dividend of $0.31 per share. The ex-dividend date of this dividend was Friday, May 10th. This represents a $1.24 annualized dividend and a dividend yield of 7.47%. Healthcare Realty Trust’s dividend payout ratio is currently -93.23%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on HR shares. Scotiabank raised their target price on Healthcare Realty Trust from $15.00 to $16.00 and gave the company a “sector perform” rating in a report on Thursday, May 16th. JPMorgan Chase & Co. lowered their price objective on shares of Healthcare Realty Trust from $19.00 to $17.00 and set an “overweight” rating for the company in a research note on Wednesday, March 6th. Wells Fargo & Company upped their target price on shares of Healthcare Realty Trust from $15.00 to $16.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 30th. Stifel Nicolaus cut shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating and decreased their price target for the company from $19.00 to $15.00 in a research report on Tuesday, February 20th. Finally, Wedbush upped their price objective on Healthcare Realty Trust from $15.00 to $16.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 8th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $17.30.

Check Out Our Latest Report on HR

About Healthcare Realty Trust

(Free Report)

Healthcare Realty (NYSE: HR) is a real estate investment trust (REIT) that owns and operates medical outpatient buildings primarily located around market-leading hospital campuses. The Company selectively grows its portfolio through property acquisition and development. As the first and largest REIT to specialize in medical outpatient buildings, Healthcare Realty's portfolio includes more than 700 properties totaling over 40 million square feet concentrated in 15 growth markets.

Further Reading

Institutional Ownership by Quarter for Healthcare Realty Trust (NYSE:HR)

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