Capital Investment Advisors LLC Purchases 111,125 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

Capital Investment Advisors LLC raised its position in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 31.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 469,323 shares of the real estate investment trust's stock after acquiring an additional 111,125 shares during the quarter. Capital Investment Advisors LLC owned approximately 0.13% of Healthcare Realty Trust worth $7,955,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of HR. EverSource Wealth Advisors LLC raised its stake in Healthcare Realty Trust by 260.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,809 shares of the real estate investment trust's stock valued at $50,000 after acquiring an additional 2,030 shares during the period. Point72 Hong Kong Ltd bought a new position in shares of Healthcare Realty Trust in the third quarter valued at about $65,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Healthcare Realty Trust during the 3rd quarter worth about $78,000. Harbor Capital Advisors Inc. bought a new stake in shares of Healthcare Realty Trust during the 3rd quarter worth about $89,000. Finally, GAMMA Investing LLC raised its holdings in Healthcare Realty Trust by 33.7% in the 3rd quarter. GAMMA Investing LLC now owns 7,444 shares of the real estate investment trust's stock valued at $135,000 after acquiring an additional 1,875 shares during the period.

Analysts Set New Price Targets

HR has been the subject of a number of recent research reports. Wedbush downgraded shares of Healthcare Realty Trust from a "neutral" rating to an "underperform" rating and cut their price objective for the company from $18.00 to $16.00 in a report on Thursday, January 2nd. Wells Fargo & Company reiterated an "underweight" rating and issued a $17.00 price target (up from $16.00) on shares of Healthcare Realty Trust in a research note on Tuesday, October 1st. JPMorgan Chase & Co. lowered Healthcare Realty Trust from an "overweight" rating to a "neutral" rating and set a $19.00 price objective on the stock. in a research note on Friday, December 20th. Finally, Jefferies Financial Group downgraded Healthcare Realty Trust from a "buy" rating to a "hold" rating and cut their target price for the company from $19.00 to $17.00 in a research report on Thursday, January 2nd. Two investment analysts have rated the stock with a sell rating and five have assigned a hold rating to the company's stock. Based on data from MarketBeat.com, Healthcare Realty Trust currently has an average rating of "Hold" and an average price target of $17.14.

Insider Transactions at Healthcare Realty Trust

In other news, Director Thomas N. Bohjalian bought 7,750 shares of the business's stock in a transaction that occurred on Friday, November 22nd. The shares were bought at an average cost of $17.39 per share, for a total transaction of $134,772.50. Following the acquisition, the director now directly owns 50,002 shares in the company, valued at approximately $869,534.78. This trade represents a 18.34 % 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 Peter F. Sr Lyle, Sr. purchased 10,000 shares of Healthcare Realty Trust stock in a transaction that occurred on Friday, December 13th. The stock was acquired at an average cost 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 $457,372.96. This trade represents a 60.33 % increase in their position. The disclosure for this purchase can be found here. In the last ninety days, insiders acquired 18,750 shares of company stock valued at $323,723. Corporate insiders own 0.56% of the company's stock.

Healthcare Realty Trust Stock Up 0.9 %

Shares of NYSE HR traded up $0.15 during trading on Monday, reaching $16.14. The company had a trading volume of 2,617,511 shares, compared to its average volume of 3,329,801. The stock has a market cap of $5.72 billion, a P/E ratio of -10.22 and a beta of 0.94. The company's fifty day moving average price is $17.38 and its 200-day moving average price is $17.57. Healthcare Realty Trust Incorporated has a 12 month low of $12.77 and a 12 month high of $18.90.

Healthcare Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Tuesday, November 12th were given a dividend of $0.31 per share. The ex-dividend date of this dividend was Tuesday, November 12th. This represents a $1.24 dividend on an annualized basis and a yield of 7.68%. Healthcare Realty Trust's dividend payout ratio (DPR) is currently -78.48%.

Healthcare Realty Trust Company Profile

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.