Nisa Investment Advisors LLC decreased its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 26.8% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 123,920 shares of the real estate investment trust's stock after selling 45,417 shares during the period. Nisa Investment Advisors LLC's holdings in Healthcare Realty Trust were worth $2,249,000 at the end of the most recent quarter.
Several other hedge funds have also made changes to their positions in HR. Allspring Global Investments Holdings LLC raised its holdings in Healthcare Realty Trust by 38.1% during 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 in the last quarter. Signaturefd LLC raised its holdings in Healthcare Realty Trust by 3.4% during the third quarter. Signaturefd LLC now owns 24,912 shares of the real estate investment trust's stock worth $452,000 after purchasing an additional 823 shares in the last quarter. Victory Capital Management Inc. raised its holdings in Healthcare Realty Trust by 1.1% during 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 purchasing an additional 848 shares in the last quarter. Vanguard Personalized Indexing Management LLC raised its holdings in Healthcare Realty Trust by 1.4% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 66,654 shares of the real estate investment trust's stock worth $1,098,000 after purchasing an additional 929 shares in the last quarter. Finally, Private Advisor Group LLC raised its holdings 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 worth $551,000 after purchasing an additional 1,062 shares in the last quarter.
Wall Street Analyst Weigh In
Several research analysts recently issued reports on HR shares. Wedbush increased their price target 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. Scotiabank increased their target price 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, Wells Fargo & Company reaffirmed an "underweight" rating and issued a $17.00 target price (up from $16.00) on shares of Healthcare Realty Trust in a report on Tuesday, October 1st. One analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $17.17.
Read Our Latest Analysis on HR
Insider Activity
In other news, Director Thomas N. Bohjalian bought 9,000 shares of the firm's stock in a transaction that occurred on Monday, August 12th. The shares were purchased at an average price of $17.39 per share, for a total transaction of $156,510.00. Following the completion of the transaction, the director now owns 22,252 shares in the company, valued at $386,962.28. The trade was a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other news, Director Thomas N. Bohjalian bought 9,000 shares of the firm's stock in a transaction that occurred on Monday, August 12th. The shares were purchased at an average price of $17.39 per share, for a total transaction of $156,510.00. Following the completion of the transaction, the director now owns 22,252 shares in the company, valued at $386,962.28. The trade was a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director John Knox Singleton bought 6,500 shares of the firm's stock in a transaction that occurred on Thursday, September 5th. The shares were purchased at an average price of $18.24 per share, for a total transaction of $118,560.00. Following the transaction, the director now owns 57,082 shares of the company's stock, valued at $1,041,175.68. The trade was a 0.00 % increase in their position. The disclosure for this purchase can be found here. Insiders have acquired 15,728 shares of company stock worth $279,069 over the last ninety days. 0.56% of the stock is currently owned by insiders.
Healthcare Realty Trust Trading Down 1.5 %
Shares of HR stock traded down $0.26 during trading hours on Friday, hitting $16.92. The company's stock had a trading volume of 7,755,018 shares, compared to its average volume of 2,539,557. The business has a fifty day moving average of $17.88 and a 200-day moving average of $16.93. The stock has a market cap of $6.14 billion, a price-to-earnings ratio of -10.71 and a beta of 0.91. Healthcare Realty Trust Incorporated has a twelve month low of $12.77 and a twelve month high of $18.90.
Healthcare Realty Trust (NYSE:HR - Get Free Report) last released its quarterly earnings results on Friday, August 2nd. The real estate investment trust reported ($0.39) EPS for the quarter, missing the consensus estimate of $0.38 by ($0.77). The business had revenue of $316.30 million during the quarter, compared to analyst estimates of $317.90 million. Healthcare Realty Trust had a negative net margin of 45.63% and a negative return on equity of 9.42%. The firm's revenue for the quarter was down 6.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.39 earnings per share. On average, equities analysts expect that Healthcare Realty Trust Incorporated will post 1.56 EPS for the current fiscal year.
Healthcare Realty Trust Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Tuesday, November 12th will be given a $0.31 dividend. The ex-dividend date of this dividend is Tuesday, November 12th. This represents a $1.24 annualized dividend and a dividend yield of 7.33%. Healthcare Realty Trust's dividend payout ratio is presently -78.48%.
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.
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