International Assets Investment Management LLC Acquires 104,944 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

International Assets Investment Management LLC boosted its holdings in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 559.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 123,692 shares of the real estate investment trust's stock after purchasing an additional 104,944 shares during the quarter. International Assets Investment Management LLC's holdings in Healthcare Realty Trust were worth $22,450,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC lifted its holdings in shares of Healthcare Realty Trust by 38.1% during 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 period. EverSource Wealth Advisors LLC boosted 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 valued at $50,000 after purchasing an additional 2,030 shares in the last quarter. GAMMA Investing LLC increased its stake in shares of Healthcare Realty Trust by 67.2% in the 2nd quarter. GAMMA Investing LLC now owns 5,569 shares of the real estate investment trust's stock valued at $92,000 after purchasing an additional 2,238 shares during the last quarter. Graypoint LLC bought a new position in shares of Healthcare Realty Trust in the 1st quarter valued at $147,000. Finally, Virtu Financial LLC acquired a new position in shares of Healthcare Realty Trust during the 1st quarter worth $152,000.

Healthcare Realty Trust Price Performance

Shares of Healthcare Realty Trust stock traded down $0.51 during midday trading on Wednesday, reaching $17.63. The company had a trading volume of 5,088,076 shares, compared to its average volume of 3,453,706. The firm has a market cap of $6.67 billion, a PE ratio of -13.26 and a beta of 0.91. The stock has a fifty day moving average price of $17.90 and a 200 day moving average price of $16.88. Healthcare Realty Trust Incorporated has a fifty-two week low of $12.77 and a fifty-two week high of $18.90.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last posted its quarterly earnings data on Friday, August 2nd. The real estate investment trust reported ($0.39) earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.77). Healthcare Realty Trust had a negative return on equity of 8.50% and a negative net margin of 42.79%. The firm had revenue of $316.30 million for the quarter, compared to analyst estimates of $317.90 million. During the same quarter last year, the company earned $0.39 earnings per share. The company's quarterly revenue was down 6.4% compared to the same quarter last year. As a group, sell-side analysts forecast that Healthcare Realty Trust Incorporated will post 1.55 EPS for the current year.

Healthcare Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Tuesday, November 12th will be given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 7.03%. The ex-dividend date of this dividend is Tuesday, November 12th. Healthcare Realty Trust's dividend payout ratio (DPR) is -93.23%.

Insider Activity

In other news, Director Thomas N. Bohjalian bought 9,000 shares of Healthcare Realty Trust stock in a transaction dated Monday, August 12th. The stock was bought at an average cost of $17.39 per share, for a total transaction of $156,510.00. Following the purchase, the director now directly owns 22,252 shares in the company, valued at approximately $386,962.28. This represents a 0.00 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Healthcare Realty Trust news, Director John Knox Singleton bought 6,500 shares of the stock in a transaction that occurred on Thursday, September 5th. The shares were bought at an average price of $18.24 per share, for a total transaction of $118,560.00. Following the acquisition, the director now directly owns 57,082 shares of the company's stock, valued at approximately $1,041,175.68. The trade was a 0.00 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Thomas N. Bohjalian purchased 9,000 shares of the business's stock in a transaction on Monday, August 12th. The shares were bought at an average price of $17.39 per share, with a total value of $156,510.00. Following the purchase, the director now directly owns 22,252 shares in the company, valued at approximately $386,962.28. The trade was a 0.00 % increase in their position. The disclosure for this purchase can be found here. Insiders purchased 15,728 shares of company stock worth $279,069 in the last quarter. 0.56% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on HR. Wells Fargo & Company restated an "underweight" rating and set a $17.00 price objective (up previously from $16.00) on shares of Healthcare Realty Trust in a research report on Tuesday, October 1st. Scotiabank raised their price objective on shares of Healthcare Realty Trust from $17.00 to $18.00 and gave the company a "sector perform" rating in a report on Wednesday, August 7th. Finally, Wedbush boosted their target price on shares of Healthcare Realty Trust from $15.00 to $18.00 and gave the stock a "neutral" rating in a report on Monday, August 5th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average 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.