Healthcare Realty Trust Incorporated (NYSE:HR) Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC trimmed its position in Healthcare Realty Trust Incorporated (NYSE:HRFree Report) by 17.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 68,900 shares of the real estate investment trust’s stock after selling 14,625 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Healthcare Realty Trust were worth $975,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of HR. Norges Bank acquired a new stake in shares of Healthcare Realty Trust in the 4th quarter valued at $59,352,000. Waterfront Capital Partners LLC acquired a new stake in Healthcare Realty Trust during the 4th quarter worth $51,775,000. APG Asset Management US Inc. raised its stake in Healthcare Realty Trust by 12.0% during the 4th 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 acquiring an additional 1,348,529 shares in the last quarter. Beach Investment Counsel Inc. PA raised its stake in Healthcare Realty Trust by 148.6% during the 4th 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 acquiring an additional 1,010,841 shares in the last quarter. Finally, Lighthouse Investment Partners LLC raised its stake in Healthcare Realty Trust by 233.3% during the 4th quarter. Lighthouse Investment Partners LLC now owns 750,000 shares of the real estate investment trust’s stock worth $12,922,000 after acquiring an additional 525,000 shares in the last quarter.

Wall Street Analyst Weigh In

HR has been the topic of several research analyst reports. Wedbush lifted their price target on shares of Healthcare Realty Trust from $15.00 to $16.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 8th. Scotiabank raised their price objective on shares of Healthcare Realty Trust from $15.00 to $16.00 and gave the stock a “sector perform” rating in a research report on Thursday, May 16th. Finally, Wells Fargo & Company raised their price objective on shares of Healthcare Realty Trust from $16.00 to $17.00 and gave the stock an “equal weight” rating in a research report on Friday, June 14th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, Healthcare Realty Trust presently has an average rating of “Hold” and an average target price of $17.40.

Read Our Latest Research Report on HR

Healthcare Realty Trust Stock Down 1.0 %

Shares of NYSE:HR opened at $16.98 on Tuesday. The company has a market cap of $6.43 billion, a price-to-earnings ratio of -12.77 and a beta of 0.89. The firm’s 50-day simple moving average is $16.02 and its 200-day simple moving average is $15.38. Healthcare Realty Trust Incorporated has a fifty-two week low of $12.77 and a fifty-two week high of $20.25.

Healthcare Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, May 23rd. Stockholders of record on Monday, May 13th were issued a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 7.30%. The ex-dividend date of this dividend was Friday, May 10th. Healthcare Realty Trust’s payout ratio is -93.23%.

Healthcare Realty Trust Profile

(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.

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

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