Healthcare Realty Trust Incorporated (NYSE:HR) Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. lessened its stake in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 0.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 53,523,080 shares of the real estate investment trust's stock after selling 306,276 shares during the quarter. Vanguard Group Inc. owned approximately 14.04% of Healthcare Realty Trust worth $922,203,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in HR. Janney Montgomery Scott LLC lifted its stake in Healthcare Realty Trust by 38.3% in the third quarter. Janney Montgomery Scott LLC now owns 47,266 shares of the real estate investment trust's stock worth $722,000 after acquiring an additional 13,085 shares during the period. HighTower Advisors LLC lifted its stake in Healthcare Realty Trust by 11.6% in the third quarter. HighTower Advisors LLC now owns 62,960 shares of the real estate investment trust's stock worth $961,000 after acquiring an additional 6,528 shares during the period. PNC Financial Services Group Inc. lifted its stake in Healthcare Realty Trust by 17.6% in the third quarter. PNC Financial Services Group Inc. now owns 57,604 shares of the real estate investment trust's stock worth $880,000 after acquiring an additional 8,623 shares during the period. Korea Investment CORP lifted its stake in Healthcare Realty Trust by 11.3% in the third quarter. Korea Investment CORP now owns 80,688 shares of the real estate investment trust's stock worth $1,232,000 after acquiring an additional 8,215 shares during the period. Finally, Envestnet Portfolio Solutions Inc. purchased a new stake in Healthcare Realty Trust in the third quarter worth $273,000.

Healthcare Realty Trust Stock Down 0.1 %

Shares of NYSE:HR traded down $0.02 on Friday, hitting $16.05. 7,300,132 shares of the company traded hands, compared to its average volume of 3,384,935. Healthcare Realty Trust Incorporated has a 52 week low of $12.77 and a 52 week high of $20.25. The stock has a 50 day simple moving average of $15.46 and a 200-day simple moving average of $15.38. The company has a market cap of $6.08 billion, a PE ratio of -12.07 and a beta of 0.86.

Healthcare Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 23rd. Stockholders of record on Monday, May 13th were issued a dividend of $0.31 per share. The ex-dividend date of this dividend was Friday, May 10th. This represents a $1.24 annualized dividend and a dividend yield of 7.73%. Healthcare Realty Trust's payout ratio is presently -93.23%.

Analyst Ratings Changes

A number of brokerages recently commented on HR. JPMorgan Chase & Co. dropped their price target on Healthcare Realty Trust from $19.00 to $17.00 and set an "overweight" rating for the company in a research note on Wednesday, March 6th. Scotiabank increased their price objective on Healthcare Realty Trust from $15.00 to $16.00 and gave the stock a "sector perform" rating in a report on Thursday, May 16th. Wells Fargo & Company increased their price objective on Healthcare Realty Trust from $16.00 to $17.00 and gave the stock an "equal weight" rating in a report on Friday, June 14th. Finally, Wedbush increased their price objective on Healthcare Realty Trust from $15.00 to $16.00 and gave the stock a "neutral" rating in a report on Wednesday, May 8th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $17.40.

Healthcare Realty Trust 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.