Healthcare Realty Trust Incorporated (NYSE:HR) Shares Sold by Peak Financial Advisors LLC

Peak Financial Advisors LLC reduced its holdings in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 61.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,685 shares of the real estate investment trust's stock after selling 16,711 shares during the period. Peak Financial Advisors LLC's holdings in Healthcare Realty Trust were worth $181,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in HR. Dimensional Fund Advisors LP increased its position in Healthcare Realty Trust by 7.2% during the second quarter. Dimensional Fund Advisors LP now owns 5,856,286 shares of the real estate investment trust's stock valued at $96,513,000 after acquiring an additional 395,243 shares during the last quarter. Thrivent Financial for Lutherans grew its holdings in Healthcare Realty Trust by 6.7% during the 2nd 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 purchasing an additional 301,747 shares during the last quarter. Sei Investments Co. raised its position in Healthcare Realty Trust by 4.6% in the 2nd quarter. Sei Investments Co. now owns 2,367,735 shares of the real estate investment trust's stock worth $39,020,000 after purchasing an additional 103,259 shares during the period. Pzena Investment Management LLC bought a new stake in Healthcare Realty Trust in the third quarter worth about $40,392,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Healthcare Realty Trust by 358.2% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,142,110 shares of the real estate investment trust's stock valued at $38,879,000 after buying an additional 1,674,583 shares during the period.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on HR shares. Jefferies Financial Group downgraded Healthcare Realty Trust from a "buy" rating to a "hold" rating and reduced their price target for the stock from $19.00 to $17.00 in a report on Thursday, January 2nd. Wells Fargo & Company reiterated an "underweight" rating and issued a $17.00 target price (up previously from $16.00) on shares of Healthcare Realty Trust in a research note on Tuesday, October 1st. JPMorgan Chase & Co. lowered shares of Healthcare Realty Trust from an "overweight" rating to a "neutral" rating and set a $19.00 target price for the company. in a research note on Friday, December 20th. Finally, Wedbush downgraded shares of Healthcare Realty Trust from a "neutral" rating to an "underperform" rating and reduced their price target for the stock from $18.00 to $16.00 in a research note on Thursday, January 2nd. Two research analysts have rated the stock with a sell rating and five have given a hold rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $17.14.

Insiders Place Their Bets

In other news, Director Peter F. Sr Lyle, Sr. bought 10,000 shares of the business'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 in the company, valued at approximately $457,372.96. The trade was a 60.33 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Thomas N. Bohjalian bought 7,750 shares of the company's stock in a transaction that occurred on Friday, November 22nd. The stock was purchased at an average price of $17.39 per share, for a total transaction of $134,772.50. Following the transaction, the director now owns 50,002 shares of the company's stock, valued at $869,534.78. The trade was a 18.34 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last ninety days, insiders bought 18,750 shares of company stock worth $323,723. 0.56% of the stock is owned by corporate insiders.

Healthcare Realty Trust Price Performance

NYSE HR traded down $0.09 during trading on Wednesday, reaching $16.22. 1,564,093 shares of the company's stock traded hands, compared to its average volume of 2,891,788. Healthcare Realty Trust Incorporated has a 12-month low of $12.77 and a 12-month high of $18.90. The firm has a market cap of $5.75 billion, a price-to-earnings ratio of -10.27 and a beta of 0.94. The company's 50 day simple moving average is $17.33 and its two-hundred day simple moving average is $17.57.

Healthcare Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders 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 dividend on an annualized basis and a dividend yield of 7.64%. Healthcare Realty Trust's dividend payout ratio is presently -78.48%.

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.