Daiwa Securities Group Inc. Lowers Stock Holdings in Healthcare Realty Trust Incorporated (NYSE:HR)

Daiwa Securities Group Inc. cut its holdings in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 0.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,547,682 shares of the real estate investment trust's stock after selling 54,547 shares during the period. Healthcare Realty Trust accounts for 1.1% of Daiwa Securities Group Inc.'s portfolio, making the stock its 26th largest holding. Daiwa Securities Group Inc. owned 3.54% of Healthcare Realty Trust worth $227,740,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of HR. Tidal Investments LLC bought a new position in Healthcare Realty Trust in the 1st quarter worth $1,360,000. Linden Thomas Advisory Services LLC purchased a new stake in Healthcare Realty Trust during the 2nd quarter valued at approximately $515,000. Deerfield Management Company L.P. Series C bought a new position in Healthcare Realty Trust during the second quarter valued at approximately $471,000. Thrivent Financial for Lutherans grew its stake in shares of Healthcare Realty Trust by 6.7% during the second quarter. Thrivent Financial for Lutherans now owns 4,784,186 shares of the real estate investment trust's stock valued at $78,843,000 after buying an additional 301,747 shares during the last quarter. Finally, B. Metzler seel. Sohn & Co. Holding AG bought a new position in shares of Healthcare Realty Trust in the third quarter worth about $7,052,000.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Scotiabank lifted their price objective on Healthcare Realty Trust from $17.00 to $18.00 and gave the company a "sector perform" rating in a report on Wednesday, August 7th. Wedbush raised their price objective on Healthcare Realty Trust from $15.00 to $18.00 and gave the stock a "neutral" rating in a research report on Monday, August 5th. Finally, Wells Fargo & Company restated an "underweight" rating and set a $17.00 price objective (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 assigned a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $17.17.

Healthcare Realty Trust Stock Performance

NYSE HR traded down $0.50 during trading hours on Friday, reaching $17.30. The stock had a trading volume of 8,758,687 shares, compared to its average volume of 3,869,164. The stock has a fifty day moving average of $17.73 and a 200 day moving average of $17.26. The stock has a market cap of $6.13 billion, a P/E ratio of -10.95 and a beta of 0.91. Healthcare Realty Trust Incorporated has a 52-week low of $12.77 and a 52-week high of $18.90.

Healthcare Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Tuesday, November 12th will be paid a dividend of $0.31 per share. The ex-dividend date of this dividend is Tuesday, November 12th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 7.17%. Healthcare Realty Trust's payout ratio is currently -78.48%.

Insider Activity

In other Healthcare Realty Trust news, Director Thomas N. Bohjalian bought 7,750 shares of the firm'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 transaction, the director now directly owns 50,002 shares of the company's stock, valued at approximately $869,534.78. This represents a 18.34 % increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director John Knox Singleton acquired 6,500 shares of the business's stock in a transaction that occurred on Thursday, September 5th. The shares were purchased at an average price of $18.24 per share, with a total value of $118,560.00. Following the completion of the transaction, the director now owns 57,082 shares of the company's stock, valued at $1,041,175.68. The trade was a 12.85 % increase in their position. The disclosure for this purchase can be found here. Insiders purchased a total of 14,478 shares of company stock valued at $257,332 in the last quarter. 0.56% of the stock is currently owned by company insiders.

About Healthcare Realty Trust

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.