Barclays PLC grew its stake in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 116.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 722,582 shares of the real estate investment trust's stock after acquiring an additional 388,305 shares during the period. Barclays PLC owned about 0.20% of Healthcare Realty Trust worth $13,117,000 at the end of the most recent quarter.
Other large investors have also recently modified their holdings of the company. Deerfield Management Company L.P. Series C bought a new position in Healthcare Realty Trust during the 2nd quarter worth about $471,000. Thrivent Financial for Lutherans lifted its position in shares of Healthcare Realty Trust by 6.7% in the 2nd quarter. Thrivent Financial for Lutherans now owns 4,784,186 shares of the real estate investment trust's stock worth $78,843,000 after purchasing an additional 301,747 shares during the period. Cerity Partners LLC boosted its stake in shares of Healthcare Realty Trust by 106.4% during the third quarter. Cerity Partners LLC now owns 77,545 shares of the real estate investment trust's stock valued at $1,407,000 after purchasing an additional 39,975 shares in the last quarter. B. Metzler seel. Sohn & Co. Holding AG bought a new position in shares of Healthcare Realty Trust during the third quarter valued at approximately $7,052,000. Finally, Weiss Asset Management LP purchased a new position in Healthcare Realty Trust during the third quarter valued at approximately $1,471,000.
Insider Transactions at Healthcare Realty Trust
In related news, Director Peter F. Sr Lyle, Sr. bought 10,000 shares of the company's 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 owns 26,576 shares in the company, valued at approximately $457,372.96. This trade represents a 60.33 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Thomas N. Bohjalian acquired 7,750 shares of the stock in a transaction dated Friday, November 22nd. The shares were bought at an average price of $17.39 per share, with a total value of $134,772.50. Following the completion of the purchase, the director now directly owns 50,002 shares of the company's stock, valued at approximately $869,534.78. This trade represents a 18.34 % increase in their position. The disclosure for this purchase can be found here. Insiders own 0.56% of the company's stock.
Healthcare Realty Trust Stock Performance
NYSE:HR traded up $0.12 during midday trading on Monday, reaching $17.34. 2,440,404 shares of the stock traded hands, compared to its average volume of 3,477,055. The stock has a market capitalization of $6.15 billion, a PE ratio of -10.97 and a beta of 0.93. Healthcare Realty Trust Incorporated has a 12-month low of $12.77 and a 12-month high of $18.90. The business has a 50-day moving average of $17.73 and a two-hundred day moving average of $17.52.
Healthcare Realty Trust Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Tuesday, November 12th were issued a dividend of $0.31 per share. The ex-dividend date was Tuesday, November 12th. This represents a $1.24 annualized dividend and a dividend yield of 7.15%. Healthcare Realty Trust's dividend payout ratio is presently -78.48%.
Wall Street Analysts Forecast Growth
Separately, Wells Fargo & Company restated an "underweight" rating and set a $17.00 target price (up previously from $16.00) on shares of Healthcare Realty Trust in a report on Tuesday, October 1st. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, Healthcare Realty Trust currently has a consensus rating of "Hold" and an average price target of $17.17.
View Our Latest Research Report on Healthcare Realty Trust
About Healthcare Realty Trust
(
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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