KBC Group NV Increases Stock Position in Healthcare Realty Trust Incorporated (NYSE:HR)

KBC Group NV grew its stake in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 1,519.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 185,477 shares of the real estate investment trust's stock after acquiring an additional 174,026 shares during the quarter. KBC Group NV owned about 0.05% of Healthcare Realty Trust worth $3,144,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Blue Trust Inc. raised its position in shares of Healthcare Realty Trust by 130.3% during the 4th quarter. Blue Trust Inc. now owns 1,635 shares of the real estate investment trust's stock valued at $30,000 after buying an additional 925 shares during the period. Geneos Wealth Management Inc. purchased a new stake in Healthcare Realty Trust in the fourth quarter valued at $399,000. Perpetual Ltd purchased a new position in shares of Healthcare Realty Trust during the 4th quarter worth $442,000. Liberty One Investment Management LLC increased its position in shares of Healthcare Realty Trust by 7.6% during the 4th quarter. Liberty One Investment Management LLC now owns 258,579 shares of the real estate investment trust's stock worth $4,383,000 after purchasing an additional 18,185 shares during the last quarter. Finally, Merit Financial Group LLC raised its holdings in Healthcare Realty Trust by 20.6% in the 4th quarter. Merit Financial Group LLC now owns 15,066 shares of the real estate investment trust's stock valued at $255,000 after buying an additional 2,578 shares during the period.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on HR shares. Wedbush cut shares of Healthcare Realty Trust from a "neutral" rating to an "underperform" rating and dropped their price target for the company from $18.00 to $16.00 in a research report on Thursday, January 2nd. JPMorgan Chase & Co. downgraded 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 report on Friday, December 20th. Finally, Jefferies Financial Group lowered Healthcare Realty Trust from a "buy" rating to a "hold" rating and cut their target price for the company from $19.00 to $17.00 in a research report on Thursday, January 2nd. Two equities research analysts have rated the stock with a sell rating and four have given a hold rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $17.00.

Healthcare Realty Trust Trading Down 0.7 %

HR traded down $0.12 during trading hours on Tuesday, hitting $16.43. 1,766,378 shares of the company's stock were exchanged, compared to its average volume of 2,495,549. The firm has a market cap of $5.82 billion, a P/E ratio of -10.40 and a beta of 0.94. Healthcare Realty Trust Incorporated has a 12-month low of $12.77 and a 12-month high of $18.90. The firm has a 50 day moving average of $17.04 and a 200 day moving average of $17.51.

Insiders Place Their Bets

In other news, Director Thomas N. Bohjalian purchased 7,750 shares of the firm's stock in a transaction that occurred on Friday, November 22nd. The stock was bought at an average price 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 of the company's stock, valued at $869,534.78. The trade was a 18.34 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO Robert E. Hull sold 10,000 shares of the stock in a transaction that occurred on Tuesday, December 17th. The shares were sold at an average price of $17.48, for a total transaction of $174,800.00. Following the completion of the sale, the chief operating officer now directly owns 171,400 shares in the company, valued at approximately $2,996,072. This represents a 5.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders acquired a total of 18,750 shares of company stock worth $323,723 over the last 90 days. Corporate insiders own 0.56% of the company's stock.

Healthcare Realty Trust Company Profile

Healthcare Realty Trust, Inc provides real estate investment services. It owns, leases, manages, acquires, finances, develops, and redevelops income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States of America. The company was founded by David R.