Jane Street Group LLC lessened its holdings in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 46.7% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 343,332 shares of the real estate investment trust's stock after selling 300,783 shares during the quarter. Jane Street Group LLC owned about 0.10% of Healthcare Realty Trust worth $6,231,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also made changes to their positions in the business. Allspring Global Investments Holdings LLC raised its holdings in Healthcare Realty Trust by 38.1% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 2,276 shares of the real estate investment trust's stock worth $38,000 after acquiring an additional 628 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings 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 purchasing an additional 2,030 shares in the last quarter. Point72 Hong Kong Ltd purchased a new position in shares of Healthcare Realty Trust in the third quarter worth $65,000. Harbor Capital Advisors Inc. bought a new position in shares of Healthcare Realty Trust during the third quarter valued at $89,000. Finally, GAMMA Investing LLC boosted its position in shares of Healthcare Realty Trust by 33.7% during the third quarter. GAMMA Investing LLC now owns 7,444 shares of the real estate investment trust's stock valued at $135,000 after buying an additional 1,875 shares during the last quarter.
Analysts Set New Price Targets
Separately, Wells Fargo & Company restated an "underweight" rating and set 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 analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $17.17.
Read Our Latest Stock Analysis on Healthcare Realty Trust
Healthcare Realty Trust Price Performance
Healthcare Realty Trust stock traded up $0.12 during mid-day trading on Monday, reaching $17.34. 2,440,404 shares of the stock traded hands, compared to its average volume of 3,477,055. The stock has a market capitalization of $6.15 billion, a PE ratio of -10.97 and a beta of 0.93. The business's 50-day moving average is $17.73 and its 200-day moving average is $17.52. Healthcare Realty Trust Incorporated has a 12-month low of $12.77 and a 12-month high of $18.90.
Healthcare Realty Trust Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Tuesday, November 12th were issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 7.15%. The ex-dividend date of this dividend was Tuesday, November 12th. Healthcare Realty Trust's payout ratio is -78.48%.
Insider Activity at Healthcare Realty Trust
In other news, Director Thomas N. Bohjalian purchased 7,750 shares of the stock in a transaction on Friday, November 22nd. The shares were acquired at an average price of $17.39 per share, with a total value of $134,772.50. Following the completion of the acquisition, the director now directly owns 50,002 shares of the company's stock, valued at $869,534.78. This trade represents a 18.34 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Peter F. Sr Lyle, Sr. acquired 10,000 shares of Healthcare Realty Trust stock in a transaction dated Friday, December 13th. The stock was purchased at an average cost of $17.21 per share, with a total value 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 represents a 60.33 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.56% of the stock is currently owned by company insiders.
Healthcare Realty Trust Profile
(
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.
Further Reading
Before you consider Healthcare Realty Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Healthcare Realty Trust wasn't on the list.
While Healthcare Realty Trust currently has a "Reduce" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.