Healthcare Realty Trust Incorporated (NYSE:HR) Director Peter F. Sr Lyle, Sr. Purchases 10,000 Shares

Healthcare Realty Trust Incorporated (NYSE:HR - Get Free Report) Director Peter F. Sr Lyle, Sr. bought 10,000 shares of the stock in a transaction on Friday, December 13th. The stock was purchased at an average price of $17.21 per share, for a total transaction of $172,100.00. Following the completion of the purchase, the director now owns 26,576 shares of the company's stock, valued at approximately $457,372.96. This trade represents a 60.33 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Healthcare Realty Trust Price Performance

Shares of HR traded up $0.12 during midday trading on Monday, hitting $17.34. 2,440,404 shares of the company traded hands, compared to its average volume of 3,477,055. Healthcare Realty Trust Incorporated has a one year low of $12.77 and a one year high of $18.90. The firm has a market cap of $6.15 billion, a P/E ratio of -11.01 and a beta of 0.93. The stock has a 50-day moving average of $17.73 and a 200-day moving average of $17.51.

Healthcare Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Tuesday, November 12th were paid a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 7.15%. The ex-dividend date was Tuesday, November 12th. Healthcare Realty Trust's dividend payout ratio is presently -78.48%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Allspring Global Investments Holdings LLC increased 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 worth $38,000 after purchasing an additional 628 shares during the last quarter. Signaturefd LLC lifted its holdings in shares of Healthcare Realty Trust by 3.4% during the 3rd quarter. Signaturefd LLC now owns 24,912 shares of the real estate investment trust's stock worth $452,000 after acquiring an additional 823 shares during the last quarter. Victory Capital Management Inc. grew its position in Healthcare Realty Trust by 1.1% in the second quarter. Victory Capital Management Inc. now owns 81,598 shares of the real estate investment trust's stock worth $1,345,000 after acquiring an additional 848 shares in the last quarter. Vanguard Personalized Indexing Management LLC increased its stake in Healthcare Realty Trust by 1.4% in 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 last quarter. Finally, Private Advisor Group LLC raised 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 purchasing an additional 1,062 shares in the last quarter.

Wall Street Analysts Forecast Growth

Separately, 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. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company's stock. Based on data from MarketBeat, Healthcare Realty Trust has an average rating of "Hold" and a consensus target price of $17.17.

Healthcare Realty Trust Company Profile

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.