Quantbot Technologies LP lifted its stake in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 18.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 279,181 shares of the real estate investment trust's stock after purchasing an additional 42,853 shares during the quarter. Quantbot Technologies LP owned about 0.08% of Healthcare Realty Trust worth $5,067,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also made changes to their positions in the stock. Dimensional Fund Advisors LP boosted its stake in Healthcare Realty Trust by 7.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 5,856,286 shares of the real estate investment trust's stock valued at $96,513,000 after purchasing an additional 395,243 shares during the period. Price T Rowe Associates Inc. MD boosted its position in shares of Healthcare Realty Trust by 2.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 5,782,253 shares of the real estate investment trust's stock worth $81,820,000 after buying an additional 158,342 shares during the period. Thrivent Financial for Lutherans grew its holdings in Healthcare Realty Trust by 6.7% in the 2nd quarter. Thrivent Financial for Lutherans now owns 4,784,186 shares of the real estate investment trust's stock worth $78,843,000 after buying an additional 301,747 shares in the last quarter. Bank of New York Mellon Corp increased its position in Healthcare Realty Trust by 5.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 4,492,116 shares of the real estate investment trust's stock valued at $74,030,000 after acquiring an additional 216,662 shares during the period. Finally, Lasalle Investment Management Securities LLC increased its position in Healthcare Realty Trust by 5.8% in the 1st quarter. Lasalle Investment Management Securities LLC now owns 2,774,205 shares of the real estate investment trust's stock valued at $39,255,000 after acquiring an additional 152,335 shares during the period.
Insider Transactions at Healthcare Realty Trust
In related news, Director Thomas N. Bohjalian purchased 7,750 shares of the firm's stock in a transaction that occurred on 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 acquisition, the director now owns 50,002 shares in the company, valued at $869,534.78. This trade represents a 18.34 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director John Knox Singleton acquired 6,500 shares of the company's stock in a transaction on Thursday, September 5th. The stock was bought at an average price of $18.24 per share, for a total transaction of $118,560.00. Following the purchase, the director now owns 57,082 shares in the company, valued at approximately $1,041,175.68. This trade represents a 12.85 % increase in their position. The disclosure for this purchase can be found here. Insiders have bought a total of 14,478 shares of company stock valued at $257,332 over the last ninety days. Corporate insiders own 0.56% of the company's stock.
Healthcare Realty Trust Trading Down 0.4 %
Shares of NYSE HR traded down $0.07 during mid-day trading on Wednesday, reaching $18.48. The company had a trading volume of 2,537,809 shares, compared to its average volume of 3,532,846. The company has a 50-day moving average price of $17.72 and a two-hundred day moving average price of $17.31. The stock has a market cap of $6.55 billion, a PE ratio of -11.86 and a beta of 0.91. 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 company also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Tuesday, November 12th will be issued a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 6.71%. The ex-dividend date of this dividend is Tuesday, November 12th. Healthcare Realty Trust's payout ratio is -78.48%.
Analyst Ratings Changes
Several research analysts have recently issued reports on HR shares. Scotiabank increased their price target on Healthcare Realty Trust from $17.00 to $18.00 and gave the stock a "sector perform" rating in a research note on Wednesday, August 7th. Wells Fargo & Company reiterated an "underweight" rating and issued a $17.00 target price (up previously from $16.00) on shares of Healthcare Realty Trust in a research report on Tuesday, October 1st. Finally, Wedbush upped their price target on shares of Healthcare Realty Trust from $15.00 to $18.00 and gave the stock a "neutral" rating in a research note on Monday, August 5th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, Healthcare Realty Trust presently has a consensus rating of "Hold" and an average price target of $17.17.
Check Out Our Latest Stock Analysis on HR
About Healthcare Realty Trust
(
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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