Private Advisor Group LLC increased its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR – Free Report) by 3.6% in the third quarter, according to its most recent filing with the SEC. The fund owned 30,358 shares of the real estate investment trust’s stock after acquiring an additional 1,062 shares during the period. Private Advisor Group LLC’s holdings in Healthcare Realty Trust were worth $551,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Allspring Global Investments Holdings LLC lifted its stake in shares of Healthcare Realty Trust by 38.1% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 2,276 shares of the real estate investment trust’s stock worth $38,000 after acquiring an additional 628 shares during the last quarter. Signaturefd LLC increased its holdings in Healthcare Realty Trust by 3.4% during the 3rd quarter. Signaturefd LLC now owns 24,912 shares of the real estate investment trust’s stock worth $452,000 after purchasing an additional 823 shares during the period. Victory Capital Management Inc. increased its holdings in Healthcare Realty Trust by 1.1% during the 2nd quarter. Victory Capital Management Inc. now owns 81,598 shares of the real estate investment trust’s stock worth $1,345,000 after purchasing an additional 848 shares during the period. Vanguard Personalized Indexing Management LLC increased its holdings in Healthcare Realty Trust by 1.4% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 66,654 shares of the real estate investment trust’s stock worth $1,098,000 after purchasing an additional 929 shares during the period. Finally, Presima Securities ULC increased its holdings in Healthcare Realty Trust by 0.9% during the 3rd quarter. Presima Securities ULC now owns 120,098 shares of the real estate investment trust’s stock worth $2,180,000 after purchasing an additional 1,100 shares during the period.
Insider Transactions at Healthcare Realty Trust
In other Healthcare Realty Trust news, Director Thomas N. Bohjalian acquired 9,000 shares of the stock in a transaction dated Monday, August 12th. The stock was purchased at an average price of $17.39 per share, with a total value of $156,510.00. Following the transaction, the director now directly owns 22,252 shares of the company’s stock, valued at $386,962.28. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other news, Director John Knox Singleton purchased 6,500 shares of the stock in a transaction on Thursday, September 5th. The stock was bought at an average price of $18.24 per share, with a total value of $118,560.00. Following the transaction, the director now owns 57,082 shares in the company, valued at $1,041,175.68. The trade was a 0.00 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Thomas N. Bohjalian purchased 9,000 shares of the stock in a transaction on Monday, August 12th. The shares were purchased at an average cost of $17.39 per share, with a total value of $156,510.00. Following the transaction, the director now owns 22,252 shares in the company, valued at $386,962.28. This trade represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. Insiders acquired 15,728 shares of company stock valued at $279,069 in the last quarter. 0.56% of the stock is currently owned by corporate insiders.
Healthcare Realty Trust Trading Down 1.5 %
Healthcare Realty Trust (NYSE:HR – Get Free Report) last posted its quarterly earnings data on Friday, August 2nd. The real estate investment trust reported ($0.39) earnings per share for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.77). The business had revenue of $316.30 million during the quarter, compared to analyst estimates of $317.90 million. Healthcare Realty Trust had a negative return on equity of 9.42% and a negative net margin of 45.63%. The firm’s revenue for the quarter was down 6.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.39 EPS. Research analysts predict that Healthcare Realty Trust Incorporated will post 1.56 EPS for the current year.
Healthcare Realty Trust Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Tuesday, November 12th will be given a $0.31 dividend. The ex-dividend date of this dividend is Tuesday, November 12th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 7.33%. Healthcare Realty Trust’s payout ratio is -78.48%.
Analyst Ratings Changes
Several research analysts have commented on the company. Wells Fargo & Company restated an “underweight” rating and set a $17.00 price objective (up from $16.00) on shares of Healthcare Realty Trust in a report on Tuesday, October 1st. Scotiabank raised their price objective on Healthcare Realty Trust from $17.00 to $18.00 and gave the stock a “sector perform” rating in a report on Wednesday, August 7th. Finally, Wedbush raised their price objective on Healthcare Realty Trust from $15.00 to $18.00 and gave the stock a “neutral” rating in a report on Monday, August 5th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, Healthcare Realty Trust presently has a consensus rating of “Hold” and an average target price of $17.17.
Healthcare Realty Trust Company Profile
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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