Healthcare Realty Trust Incorporated (NYSE:HR) Shares Sold by Fmr LLC

FMR LLC lessened its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 77.3% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 50,946 shares of the real estate investment trust's stock after selling 173,083 shares during the quarter. FMR LLC's holdings in Healthcare Realty Trust were worth $925,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC grew its position in shares of Healthcare Realty Trust by 38.1% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 2,276 shares of the real estate investment trust's stock worth $38,000 after buying an additional 628 shares during the period. Signaturefd LLC grew its holdings in Healthcare Realty Trust by 3.4% in the third quarter. Signaturefd LLC now owns 24,912 shares of the real estate investment trust's stock worth $452,000 after purchasing an additional 823 shares during the period. Victory Capital Management Inc. increased its stake in shares of Healthcare Realty Trust by 1.1% during the second quarter. Victory Capital Management Inc. now owns 81,598 shares of the real estate investment trust's stock valued at $1,345,000 after purchasing an additional 848 shares in the last quarter. Vanguard Personalized Indexing Management LLC lifted its holdings in shares of Healthcare Realty Trust by 1.4% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 66,654 shares of the real estate investment trust's stock valued at $1,098,000 after purchasing an additional 929 shares during the last quarter. Finally, Private Advisor Group LLC boosted its position in shares of Healthcare Realty Trust by 3.6% in the 3rd quarter. Private Advisor Group LLC now owns 30,358 shares of the real estate investment trust's stock worth $551,000 after purchasing an additional 1,062 shares in the last quarter.

Insiders Place Their Bets

In other news, Director Thomas N. Bohjalian acquired 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, with a total value of $134,772.50. Following the transaction, the director now directly owns 50,002 shares in the company, valued at approximately $869,534.78. This represents a 18.34 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Peter F. Sr Lyle, Sr. bought 10,000 shares of the firm's stock in a transaction that occurred on Friday, December 13th. The shares were purchased at an average cost of $17.21 per share, with a total value of $172,100.00. Following the transaction, the director now directly owns 26,576 shares of the company's stock, valued at $457,372.96. The trade was a 60.33 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.56% of the stock is currently owned by company insiders.

Healthcare Realty Trust Trading Up 1.0 %

Shares of HR stock traded up $0.17 on Tuesday, reaching $17.50. 2,318,092 shares of the company's stock were exchanged, compared to its average volume of 3,472,286. The company's fifty day simple moving average is $17.74 and its 200 day simple moving average is $17.53. Healthcare Realty Trust Incorporated has a 52 week low of $12.77 and a 52 week high of $18.90. The stock has a market capitalization of $6.20 billion, a PE ratio of -11.08 and a beta of 0.93.

Healthcare Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Tuesday, November 12th were paid a $0.31 dividend. The ex-dividend date was Tuesday, November 12th. This represents a $1.24 annualized dividend and a yield of 7.09%. Healthcare Realty Trust's dividend payout ratio (DPR) is currently -78.48%.

Wall Street Analyst Weigh In

Separately, Wells Fargo & Company reissued an "underweight" rating and issued a $17.00 target price (up previously from $16.00) on shares of Healthcare Realty Trust in a report on Tuesday, October 1st. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company. According to MarketBeat, Healthcare Realty Trust currently has an average rating of "Hold" and an average target price of $17.17.

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.