Geneos Wealth Management Inc. Invests $399,000 in Healthcare Realty Trust Incorporated (NYSE:HR)

Geneos Wealth Management Inc. acquired a new position in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 23,556 shares of the real estate investment trust's stock, valued at approximately $399,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Perpetual Ltd acquired a new stake in Healthcare Realty Trust in the 4th quarter worth $442,000. Liberty One Investment Management LLC grew its position in Healthcare Realty Trust by 7.6% during the fourth quarter. Liberty One Investment Management LLC now owns 258,579 shares of the real estate investment trust's stock worth $4,383,000 after buying an additional 18,185 shares in the last quarter. Merit Financial Group LLC grew its position in Healthcare Realty Trust by 20.6% during the fourth quarter. Merit Financial Group LLC now owns 15,066 shares of the real estate investment trust's stock worth $255,000 after buying an additional 2,578 shares in the last quarter. Park Avenue Securities LLC increased its stake in Healthcare Realty Trust by 4.1% during the fourth quarter. Park Avenue Securities LLC now owns 20,193 shares of the real estate investment trust's stock valued at $342,000 after acquiring an additional 793 shares during the period. Finally, Capital Investment Advisors LLC raised its holdings in Healthcare Realty Trust by 31.0% in the 4th quarter. Capital Investment Advisors LLC now owns 469,323 shares of the real estate investment trust's stock valued at $7,955,000 after acquiring an additional 111,125 shares in the last quarter.

Analyst Ratings Changes

A number of analysts recently weighed in on HR shares. Jefferies Financial Group cut shares of Healthcare Realty Trust from a "buy" rating to a "hold" rating and lowered their target price for the company from $19.00 to $17.00 in a research note on Thursday, January 2nd. Wedbush cut Healthcare Realty Trust from a "neutral" rating to an "underperform" rating and dropped their target price for the stock from $18.00 to $16.00 in a report on Thursday, January 2nd. Finally, JPMorgan Chase & Co. downgraded Healthcare Realty Trust from an "overweight" rating to a "neutral" rating and set a $19.00 target price for the company. in a research report on Friday, December 20th. Two equities research analysts have rated the stock with a sell rating and four have assigned a hold rating to the stock. Based on data from MarketBeat.com, Healthcare Realty Trust currently has a consensus rating of "Hold" and an average price target of $17.00.

Insider Activity at Healthcare Realty Trust

In other news, Director Peter F. Sr Lyle, Sr. acquired 10,000 shares of the firm's stock in a transaction on Friday, December 13th. The shares were purchased at an average cost of $17.21 per share, for a total transaction of $172,100.00. Following the transaction, the director now owns 26,576 shares of the company's stock, valued at approximately $457,372.96. This represents a 60.33 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Thomas N. Bohjalian bought 7,750 shares of the company's stock in a transaction dated Friday, November 22nd. The shares were purchased at an average price of $17.39 per share, with a total value of $134,772.50. Following the transaction, the director now owns 50,002 shares of the company's stock, valued at $869,534.78. The trade was a 18.34 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders acquired 18,750 shares of company stock valued at $323,723 in the last three months. Corporate insiders own 0.56% of the company's stock.

Healthcare Realty Trust Stock Performance

Shares of NYSE HR traded down $0.07 during mid-day trading on Friday, hitting $16.76. 2,435,091 shares of the stock were exchanged, compared to its average volume of 2,305,418. Healthcare Realty Trust Incorporated has a twelve month low of $12.77 and a twelve month high of $18.90. The stock's fifty day simple moving average is $17.11 and its two-hundred day simple moving average is $17.52. The company has a market cap of $5.94 billion, a P/E ratio of -10.60 and a beta of 0.94.

Healthcare Realty Trust Company Profile

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.