Impax Asset Management Group plc Reduces Stock Position in Healthcare Realty Trust Incorporated (NYSE:HR)

Impax Asset Management Group plc lessened its holdings in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 43.4% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 400,000 shares of the real estate investment trust's stock after selling 306,352 shares during the period. Impax Asset Management Group plc owned 0.11% of Healthcare Realty Trust worth $7,260,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in HR. Vanguard Group Inc. raised its position in shares of Healthcare Realty Trust by 1.4% during the 1st quarter. Vanguard Group Inc. now owns 54,246,277 shares of the real estate investment trust's stock valued at $767,585,000 after buying an additional 723,197 shares in the last quarter. Canada Pension Plan Investment Board raised its position in Healthcare Realty Trust by 52.3% during the first quarter. Canada Pension Plan Investment Board now owns 10,942,261 shares of the real estate investment trust's stock valued at $154,833,000 after purchasing an additional 3,758,040 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Healthcare Realty Trust by 7.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 5,856,286 shares of the real estate investment trust's stock worth $96,513,000 after purchasing an additional 395,243 shares in the last quarter. Price T Rowe Associates Inc. MD increased its position in shares of Healthcare Realty Trust by 2.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,782,253 shares of the real estate investment trust's stock valued at $81,820,000 after purchasing an additional 158,342 shares during the last quarter. Finally, Thrivent Financial for Lutherans raised its holdings in shares of 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 buying an additional 301,747 shares in the last quarter.

Insider Buying and Selling at Healthcare Realty Trust

In related news, Director John Knox Singleton purchased 6,500 shares of the stock in a transaction dated Thursday, September 5th. The stock was purchased at an average price of $18.24 per share, with a total value of $118,560.00. Following the transaction, the director now directly owns 57,082 shares in the company, valued at $1,041,175.68. This trade represents a 12.85 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.56% of the company's stock.

Healthcare Realty Trust Stock Up 0.6 %

Shares of HR traded up $0.10 during mid-day trading on Friday, hitting $17.49. 3,110,989 shares of the company's stock traded hands, compared to its average volume of 3,501,568. The firm has a market capitalization of $6.20 billion, a P/E ratio of -11.07 and a beta of 0.91. The business's 50-day moving average price is $17.81 and its 200-day moving average price is $17.15. Healthcare Realty Trust Incorporated has a 1 year low of $12.77 and a 1 year high of $18.90.

Healthcare Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Investors of record on Tuesday, November 12th will be given a dividend of $0.31 per share. The ex-dividend date is Tuesday, November 12th. This represents a $1.24 dividend on an annualized basis and a yield of 7.09%. Healthcare Realty Trust's dividend payout ratio (DPR) is currently -78.48%.

Analyst Upgrades and Downgrades

HR has been the topic of a number of recent research reports. Scotiabank increased their price target on shares of Healthcare Realty Trust from $17.00 to $18.00 and gave the company a "sector perform" rating in a research report on Wednesday, August 7th. Wells Fargo & Company reaffirmed an "underweight" rating and set a $17.00 target price (up previously from $16.00) on shares of Healthcare Realty Trust in a report on Tuesday, October 1st. Finally, Wedbush lifted their target price on shares of Healthcare Realty Trust from $15.00 to $18.00 and gave the stock 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 given a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target 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.