Healthcare Realty Trust Incorporated (NYSE:HR - Get Free Report) saw a significant increase in short interest in November. As of November 15th, there was short interest totalling 14,680,000 shares, an increase of 29.8% from the October 31st total of 11,310,000 shares. Based on an average daily trading volume, of 3,610,000 shares, the short-interest ratio is currently 4.1 days.
Wall Street Analyst Weigh In
Several brokerages recently issued reports on HR. Wells Fargo & Company restated an "underweight" rating and issued a $17.00 price target (up previously from $16.00) on shares of Healthcare Realty Trust in a research report on Tuesday, October 1st. 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. Finally, Wedbush lifted their price target on shares of Healthcare Realty Trust from $15.00 to $18.00 and gave the company a "neutral" rating in a research report on Monday, August 5th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $17.17.
Check Out Our Latest Stock Report on HR
Healthcare Realty Trust Trading Up 1.2 %
Shares of NYSE HR traded up $0.22 during trading on Monday, reaching $18.54. The company had a trading volume of 4,069,581 shares, compared to its average volume of 3,518,853. Healthcare Realty Trust has a twelve month low of $12.77 and a twelve month high of $18.90. The stock has a market capitalization of $6.57 billion, a PE ratio of -11.59 and a beta of 0.91. The stock has a 50-day moving average price of $17.75 and a two-hundred day moving average price of $17.36.
Healthcare Realty Trust Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Tuesday, November 12th were given a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 6.69%. The ex-dividend date of this dividend was Tuesday, November 12th. Healthcare Realty Trust's dividend payout ratio is currently -78.48%.
Insider Buying and Selling at Healthcare Realty Trust
In other Healthcare Realty Trust news, Director Thomas N. Bohjalian purchased 7,750 shares of the business's stock in a transaction 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 completion of the purchase, 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 acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director John Knox Singleton purchased 6,500 shares of the business's stock in a transaction on Thursday, September 5th. The stock was acquired at an average price of $18.24 per share, for a total transaction of $118,560.00. Following the completion of the purchase, the director now owns 57,082 shares of the company's stock, valued at $1,041,175.68. This represents a 12.85 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.56% of the stock is owned by insiders.
Institutional Investors Weigh In On Healthcare Realty Trust
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Allspring Global Investments Holdings LLC grew its position in shares of 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 valued at $38,000 after purchasing an additional 628 shares during the period. Signaturefd LLC grew its position in Healthcare Realty Trust by 3.4% during the third quarter. Signaturefd LLC now owns 24,912 shares of the real estate investment trust's stock valued at $452,000 after acquiring an additional 823 shares during the period. Victory Capital Management Inc. grew its position in 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 acquiring an additional 848 shares during the period. Vanguard Personalized Indexing Management LLC grew its position in 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 acquiring an additional 929 shares during the period. Finally, Private Advisor Group LLC grew its position in Healthcare Realty Trust by 3.6% during the third quarter. Private Advisor Group LLC now owns 30,358 shares of the real estate investment trust's stock valued at $551,000 after acquiring an additional 1,062 shares during the period.
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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