Cerity Partners LLC Boosts Stake in Healthcare Realty Trust Incorporated (NYSE:HR)

Cerity Partners LLC increased its holdings in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 106.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 77,545 shares of the real estate investment trust's stock after buying an additional 39,975 shares during the quarter. Cerity Partners LLC's holdings in Healthcare Realty Trust were worth $1,407,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Allspring Global Investments Holdings LLC boosted its stake in shares of Healthcare Realty Trust by 38.1% during the second quarter. Allspring Global Investments Holdings LLC now owns 2,276 shares of the real estate investment trust's stock valued at $38,000 after purchasing an additional 628 shares during the period. EverSource Wealth Advisors LLC increased its holdings in shares of Healthcare Realty Trust by 260.6% during the second 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 in the last quarter. Harbor Capital Advisors Inc. acquired a new position in Healthcare Realty Trust in the 3rd quarter worth approximately $89,000. GAMMA Investing LLC increased its holdings in Healthcare Realty Trust by 67.2% in the 2nd quarter. GAMMA Investing LLC now owns 5,569 shares of the real estate investment trust's stock worth $92,000 after buying an additional 2,238 shares during the period. Finally, Virtu Financial LLC purchased a new stake in Healthcare Realty Trust in the 1st quarter worth approximately $152,000.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on HR shares. Wells Fargo & Company restated an "underweight" rating and set a $17.00 target price (up from $16.00) on shares of Healthcare Realty Trust in a report on Tuesday, October 1st. Scotiabank lifted their price target on Healthcare Realty Trust from $17.00 to $18.00 and gave the stock a "sector perform" rating in a research report on Wednesday, August 7th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, Healthcare Realty Trust presently has a consensus rating of "Hold" and a consensus target price of $17.17.

Insider Activity

In other news, Director Thomas N. Bohjalian bought 7,750 shares of the business's stock in a transaction dated Friday, November 22nd. The shares were purchased at an average price of $17.39 per share, for a total transaction of $134,772.50. Following the completion of the acquisition, the director now owns 50,002 shares of the company's stock, 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 filing with the SEC, which is available at this hyperlink. Also, Director John Knox Singleton acquired 6,500 shares of Healthcare Realty Trust stock in a transaction that occurred on Thursday, September 5th. The stock was acquired at an average price of $18.24 per share, with a total value of $118,560.00. Following the completion of the acquisition, the director now directly owns 57,082 shares in the company, valued at $1,041,175.68. This represents a 12.85 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 0.56% of the company's stock.

Healthcare Realty Trust Trading Up 1.3 %

Shares of NYSE HR traded up $0.23 during mid-day trading on Wednesday, hitting $18.35. The company had a trading volume of 2,567,954 shares, compared to its average volume of 3,517,904. The firm has a 50-day simple moving average of $17.75 and a two-hundred day simple moving average of $17.39. The company has a market capitalization of $6.50 billion, a PE ratio of -11.47 and a beta of 0.93. Healthcare Realty Trust Incorporated has a one year low of $12.77 and a one year high of $18.90.

Healthcare Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Tuesday, November 12th were issued a $0.31 dividend. The ex-dividend date of this dividend was Tuesday, November 12th. This represents a $1.24 annualized dividend and a yield of 6.76%. Healthcare Realty Trust's payout ratio is -78.48%.

Healthcare Realty Trust 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.