Healthcare Realty Trust Incorporated (NYSE:HR - Get Free Report) Director Jay P. Leupp purchased 1,000 shares of the company's stock in a transaction dated Friday, December 20th. The shares were acquired at an average price of $16.85 per share, with a total value of $16,850.00. Following the transaction, the director now owns 33,830 shares in the company, valued at approximately $570,035.50. The trade was a 3.05 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Healthcare Realty Trust Trading Up 1.1 %
Shares of NYSE:HR traded up $0.18 during trading on Friday, reaching $16.88. 11,849,084 shares of the company traded hands, compared to its average volume of 3,509,541. Healthcare Realty Trust Incorporated has a 52-week low of $12.77 and a 52-week high of $18.90. The business's fifty day moving average is $17.72 and its 200-day moving average is $17.52. The firm has a market capitalization of $5.98 billion, a price-to-earnings ratio of -10.68 and a beta of 0.93.
Healthcare Realty Trust Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Tuesday, November 12th were issued 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 dividend yield of 7.35%. Healthcare Realty Trust's dividend payout ratio is currently -78.48%.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Allspring Global Investments Holdings LLC grew its holdings in Healthcare Realty Trust by 38.1% in the second quarter. Allspring Global Investments Holdings LLC now owns 2,276 shares of the real estate investment trust's stock worth $38,000 after purchasing an additional 628 shares during the period. EverSource Wealth Advisors LLC grew its stake in shares of 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 worth $50,000 after buying an additional 2,030 shares during the last quarter. Point72 Hong Kong Ltd bought a new position in Healthcare Realty Trust during the 3rd quarter valued at approximately $65,000. Wilmington Savings Fund Society FSB bought a new position in Healthcare Realty Trust during the 3rd quarter valued at approximately $78,000. Finally, Harbor Capital Advisors Inc. bought a new stake in Healthcare Realty Trust in the third quarter worth $89,000.
Analyst Ratings Changes
A number of research firms have recently issued reports on HR. Wells Fargo & Company reaffirmed an "underweight" rating and set a $17.00 price objective (up from $16.00) on shares of Healthcare Realty Trust in a report on Tuesday, October 1st. JPMorgan Chase & Co. downgraded shares of Healthcare Realty Trust from an "overweight" rating to a "neutral" rating and set a $19.00 price target on the stock. in a research note on Friday. One equities research analyst has rated the stock with a sell rating and five have given a hold rating to the company. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $17.50.
Read Our Latest Stock Report on HR
About Healthcare Realty Trust
(
Get Free Report)
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.
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