Point72 Asia Singapore Pte. Ltd. Increases Stake in Healthcare Realty Trust Incorporated (NYSE:HR)

Point72 Asia Singapore Pte. Ltd. grew its holdings in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 222.7% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 53,130 shares of the real estate investment trust's stock after acquiring an additional 36,666 shares during the quarter. Point72 Asia Singapore Pte. Ltd.'s holdings in Healthcare Realty Trust were worth $964,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Allspring Global Investments Holdings LLC grew 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 purchasing an additional 628 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of Healthcare Realty Trust by 260.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,809 shares of the real estate investment trust's stock worth $50,000 after acquiring an additional 2,030 shares during the period. Point72 Hong Kong Ltd acquired a new stake in shares of Healthcare Realty Trust during the 3rd quarter worth approximately $65,000. Harbor Capital Advisors Inc. acquired a new position in Healthcare Realty Trust during the third quarter valued at approximately $89,000. Finally, GAMMA Investing LLC lifted its stake in Healthcare Realty Trust by 67.2% during the second quarter. GAMMA Investing LLC now owns 5,569 shares of the real estate investment trust's stock worth $92,000 after purchasing an additional 2,238 shares during the last quarter.

Healthcare Realty Trust Stock Performance

Shares of NYSE:HR traded up $0.18 during midday trading on Monday, reaching $18.50. The company's stock had a trading volume of 1,375,961 shares, compared to its average volume of 3,513,882. The firm has a 50 day moving average price of $17.75 and a two-hundred day moving average price of $17.36. Healthcare Realty Trust Incorporated has a fifty-two week low of $12.77 and a fifty-two week high of $18.90. The firm has a market capitalization of $6.56 billion, a price-to-earnings ratio of -11.59 and a beta of 0.91.

Healthcare Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Tuesday, November 12th were paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 6.70%. The ex-dividend date of this dividend was Tuesday, November 12th. Healthcare Realty Trust's dividend payout ratio is presently -78.48%.

Wall Street Analyst Weigh In

HR has been the subject of a number of research analyst reports. Wells Fargo & Company reiterated an "underweight" rating and set a $17.00 price objective (up from $16.00) on shares of Healthcare Realty Trust in a research report on Tuesday, October 1st. Wedbush upped their price target on shares of Healthcare Realty Trust from $15.00 to $18.00 and gave the company a "neutral" rating in a research report on Monday, August 5th. Finally, Scotiabank lifted their price target on shares of Healthcare Realty Trust from $17.00 to $18.00 and gave the stock a "sector perform" rating in a report on Wednesday, August 7th. One investment 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. Based on data from MarketBeat.com, Healthcare Realty Trust presently has a consensus rating of "Hold" and a consensus target price of $17.17.

Insider Transactions at Healthcare Realty Trust

In other Healthcare Realty Trust news, Director Thomas N. Bohjalian acquired 7,750 shares of the stock in a transaction on Friday, November 22nd. The shares were purchased at an average price of $17.39 per share, for a total transaction of $134,772.50. Following the completion of the acquisition, the director now owns 50,002 shares in the company, valued at approximately $869,534.78. This represents a 18.34 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director John Knox Singleton bought 6,500 shares of the stock in a transaction that occurred on Thursday, September 5th. The stock was acquired 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 in the company, valued at $1,041,175.68. The trade was a 12.85 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 0.56% of the company's stock.

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.