B. Metzler seel. Sohn & Co. AG lowered its position in shares of Healthcare Realty Trust Incorporated (NYSE:HR – Free Report) by 22.6% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 105,950 shares of the real estate investment trust’s stock after selling 30,950 shares during the quarter. B. Metzler seel. Sohn & Co. AG’s holdings in Healthcare Realty Trust were worth $1,806,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Wiser Advisor Group LLC acquired a new stake in shares of Healthcare Realty Trust during the third quarter worth $25,000. Smartleaf Asset Management LLC lifted its holdings in shares of Healthcare Realty Trust by 179.7% during the third quarter. Smartleaf Asset Management LLC now owns 1,608 shares of the real estate investment trust’s stock worth $29,000 after buying an additional 1,033 shares in the last quarter. Atlantic Union Bankshares Corp acquired a new stake in shares of Healthcare Realty Trust during the third quarter worth $32,000. Danske Bank A S acquired a new stake in shares of Healthcare Realty Trust during the third quarter worth $47,000. Finally, Quent Capital LLC acquired a new stake in shares of Healthcare Realty Trust during the third quarter worth $54,000.
Healthcare Realty Trust Stock Up 0.9%
HR stock opened at $18.76 on Friday. The company has a market cap of $6.54 billion, a PE ratio of -26.42 and a beta of 0.97. The business has a 50-day simple moving average of $17.97 and a 200 day simple moving average of $17.68. Healthcare Realty Trust Incorporated has a 52 week low of $14.09 and a 52 week high of $18.97.
Healthcare Realty Trust Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 11th. Shareholders of record on Tuesday, February 24th were paid a dividend of $0.24 per share. The ex-dividend date of this dividend was Tuesday, February 24th. This represents a $0.96 annualized dividend and a yield of 5.1%. Healthcare Realty Trust’s payout ratio is presently -135.21%.
Wall Street Analysts Forecast Growth
A number of research firms have recently weighed in on HR. Weiss Ratings reissued a “hold (c)” rating on shares of Healthcare Realty Trust in a report on Friday, March 27th. Cantor Fitzgerald boosted their price target on Healthcare Realty Trust from $19.00 to $21.00 and gave the company an “overweight” rating in a research note on Tuesday, February 17th. UBS Group assumed coverage on Healthcare Realty Trust in a research note on Monday, April 20th. They issued a “neutral” rating and a $18.00 price target for the company. Finally, Wall Street Zen raised Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, January 31st. Three analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $18.78.
Get Our Latest Research Report on Healthcare Realty Trust
Insider Buying and Selling
In other Healthcare Realty Trust news, Director Thomas N. Bohjalian bought 10,000 shares of the stock in a transaction on Friday, March 6th. The stock was purchased at an average price of $18.09 per share, with a total value of $180,900.00. Following the completion of the purchase, the director owned 85,520 shares in the company, valued at $1,547,056.80. The trade was a 13.24% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 0.56% of the company’s stock.
Healthcare Realty Trust Profile
Healthcare Realty Trust (NYSE: HR) is a real estate investment trust specializing in the ownership, acquisition and management of outpatient medical facilities. Headquartered in Nashville, Tennessee, the company’s portfolio is focused primarily on medical office buildings and outpatient healthcare properties that serve hospitals, health systems and other healthcare providers. Its business model centers on securing long-term, triple-net leases to generate stable income streams from a diversified tenant base.
The company’s properties are located across key metropolitan markets in the United States, including major healthcare hubs in the Southeast, Southwest and in select coastal regions.
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