Point72 DIFC Ltd Boosts Stock Position in Healthcare Realty Trust Incorporated (NYSE:HR)

Point72 DIFC Ltd raised its stake in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 113.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 107,420 shares of the real estate investment trust's stock after purchasing an additional 57,161 shares during the period. Point72 DIFC Ltd's holdings in Healthcare Realty Trust were worth $1,950,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Allspring Global Investments Holdings LLC boosted its holdings in Healthcare Realty Trust by 38.1% in 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 acquiring an additional 628 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in Healthcare Realty Trust by 260.6% in the second 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 in the last quarter. Point72 Hong Kong Ltd acquired a new stake in Healthcare Realty Trust in the third quarter worth about $65,000. Harbor Capital Advisors Inc. acquired a new stake in Healthcare Realty Trust in the third quarter worth about $89,000. Finally, GAMMA Investing LLC boosted its holdings in Healthcare Realty Trust by 67.2% in the second quarter. GAMMA Investing LLC now owns 5,569 shares of the real estate investment trust's stock worth $92,000 after acquiring an additional 2,238 shares in the last quarter.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on HR. Scotiabank lifted their target price on Healthcare Realty Trust from $17.00 to $18.00 and gave the stock a "sector perform" rating in a report on Wednesday, August 7th. Wells Fargo & Company reaffirmed an "underweight" rating and set a $17.00 target price (up previously from $16.00) on shares of Healthcare Realty Trust in a report on Tuesday, October 1st. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company's stock. Based on data from MarketBeat.com, Healthcare Realty Trust currently has a consensus rating of "Hold" and an average target price of $17.17.

Insider Activity at Healthcare Realty Trust

In other Healthcare Realty Trust news, Director Thomas N. Bohjalian acquired 7,750 shares of the business's stock in a transaction dated Friday, November 22nd. The stock was acquired at an average cost of $17.39 per share, for a total transaction of $134,772.50. Following the completion of the transaction, the director now directly owns 50,002 shares of the company's stock, valued at $869,534.78. This represents a 18.34 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.56% of the stock is owned by company insiders.

Healthcare Realty Trust Price Performance

HR stock traded down $0.04 during trading on Thursday, hitting $18.31. 2,469,515 shares of the company traded hands, compared to its average volume of 3,513,442. The stock's 50-day simple moving average is $17.75 and its 200 day simple moving average is $17.40. The company has a market cap of $6.49 billion, a PE ratio of -11.61 and a beta of 0.93. Healthcare Realty Trust Incorporated has a 1 year low of $12.77 and a 1 year high of $18.90.

Healthcare Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Tuesday, November 12th were given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 6.77%. The ex-dividend date of this dividend was Tuesday, November 12th. Healthcare Realty Trust's dividend payout ratio is currently -78.48%.

About Healthcare Realty Trust

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.