abrdn plc Increases Stock Holdings in Healthcare Realty Trust Incorporated (NYSE:HR)

abrdn plc raised its stake in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 12.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 285,564 shares of the real estate investment trust's stock after purchasing an additional 32,675 shares during the period. abrdn plc owned 0.08% of Healthcare Realty Trust worth $4,749,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. GAMMA Investing LLC grew its stake in shares of Healthcare Realty Trust by 33.7% during the third quarter. GAMMA Investing LLC now owns 7,444 shares of the real estate investment trust's stock worth $135,000 after acquiring an additional 1,875 shares during the last quarter. CWM LLC boosted its position in Healthcare Realty Trust by 27.4% in the third quarter. CWM LLC now owns 23,068 shares of the real estate investment trust's stock valued at $419,000 after buying an additional 4,965 shares during the last quarter. Creative Planning boosted its position in Healthcare Realty Trust by 23.4% in the third quarter. Creative Planning now owns 126,633 shares of the real estate investment trust's stock valued at $2,298,000 after buying an additional 23,981 shares during the last quarter. Presima Securities ULC boosted its position in Healthcare Realty Trust by 0.9% in the third quarter. Presima Securities ULC now owns 120,098 shares of the real estate investment trust's stock valued at $2,180,000 after buying an additional 1,100 shares during the last quarter. Finally, Trust Point Inc. purchased a new stake in Healthcare Realty Trust in the third quarter valued at approximately $182,000.

Healthcare Realty Trust Trading Up 2.0 %

NYSE:HR traded up $0.33 during trading hours on Thursday, hitting $16.54. The company had a trading volume of 1,869,108 shares, compared to its average volume of 2,304,956. The company has a 50-day moving average of $16.77 and a 200 day moving average of $17.45. The company has a market cap of $5.86 billion, a P/E ratio of -10.47 and a beta of 0.94. Healthcare Realty Trust Incorporated has a 1 year low of $12.77 and a 1 year high of $18.90.

Insider Buying and Selling at Healthcare Realty Trust

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

Analyst Upgrades and Downgrades

HR has been the topic of a number of recent research reports. Wedbush lowered Healthcare Realty Trust from a "neutral" rating to an "underperform" rating and dropped their target price for the company from $18.00 to $16.00 in a research report on Thursday, January 2nd. Jefferies Financial Group downgraded Healthcare Realty Trust from a "buy" rating to a "hold" rating and decreased their price target for the company from $19.00 to $17.00 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 price target for the company. in a report on Friday, December 20th. Two equities research analysts have rated the stock with a sell rating and four have issued a hold rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $17.00.

About Healthcare Realty Trust

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.