Healthcare Realty Trust Incorporated (NYSE:HR) is Beach Investment Counsel Inc. PA's 10th Largest Position

Beach Investment Counsel Inc. PA reduced its stake in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 22.2% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 1,249,791 shares of the real estate investment trust's stock after selling 356,515 shares during the quarter. Healthcare Realty Trust accounts for approximately 2.9% of Beach Investment Counsel Inc. PA's portfolio, making the stock its 10th largest holding. Beach Investment Counsel Inc. PA owned 0.35% of Healthcare Realty Trust worth $21,184,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Pzena Investment Management LLC purchased a new position in Healthcare Realty Trust in the 3rd quarter valued at approximately $40,392,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Healthcare Realty Trust by 358.2% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,142,110 shares of the real estate investment trust's stock worth $38,879,000 after purchasing an additional 1,674,583 shares in the last quarter. Millennium Management LLC increased its position in shares of Healthcare Realty Trust by 1,003.2% in the second quarter. Millennium Management LLC now owns 435,977 shares of the real estate investment trust's stock worth $7,185,000 after purchasing an additional 396,456 shares during the last quarter. B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in Healthcare Realty Trust in the third quarter valued at approximately $7,052,000. Finally, Barclays PLC lifted its position in Healthcare Realty Trust by 116.2% during the third quarter. Barclays PLC now owns 722,582 shares of the real estate investment trust's stock valued at $13,117,000 after purchasing an additional 388,305 shares during the last quarter.

Analysts Set New Price Targets

HR has been the topic of a number of research analyst reports. Jefferies Financial Group lowered shares of Healthcare Realty Trust from a "buy" rating to a "hold" rating and decreased their price target for the stock from $19.00 to $17.00 in a report on Thursday, January 2nd. Wedbush downgraded Healthcare Realty Trust from a "neutral" rating to an "underperform" rating and lowered their price target for the company from $18.00 to $16.00 in a research report on Thursday, January 2nd. Finally, JPMorgan Chase & Co. lowered Healthcare Realty Trust from an "overweight" rating to a "neutral" rating and set a $19.00 price target for the company. in a research note on Friday, December 20th. Two research analysts have rated the stock with a sell rating and four have issued a hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $17.00.

Insider Transactions at Healthcare Realty Trust

In other news, Director Peter F. Sr Lyle, Sr. purchased 10,000 shares of the business's stock in a transaction on Friday, December 13th. The shares were acquired at an average price of $17.21 per share, with a total value of $172,100.00. Following the acquisition, the director now directly owns 26,576 shares in the company, valued at approximately $457,372.96. The trade was a 60.33 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Thomas N. Bohjalian acquired 7,750 shares of the firm's stock in a transaction on Friday, November 22nd. The stock was purchased at an average price of $17.39 per share, for a total transaction of $134,772.50. Following the transaction, 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. Over the last quarter, insiders have purchased 18,750 shares of company stock worth $323,723. Company insiders own 0.56% of the company's stock.

Healthcare Realty Trust Stock Performance

NYSE:HR traded down $0.05 during trading hours on Thursday, reaching $16.55. The company's stock had a trading volume of 1,278,873 shares, compared to its average volume of 2,420,690. The firm has a market capitalization of $5.86 billion, a price-to-earnings ratio of -10.47 and a beta of 0.94. The firm has a 50-day simple moving average of $16.97 and a 200-day simple moving average of $17.49. Healthcare Realty Trust Incorporated has a 1 year low of $12.77 and a 1 year high of $18.90.

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.