Quest Partners LLC grew its stake in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 2,471.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 221,348 shares of the real estate investment trust's stock after purchasing an additional 212,740 shares during the quarter. Healthcare Realty Trust makes up about 0.4% of Quest Partners LLC's holdings, making the stock its 12th biggest position. Quest Partners LLC owned 0.06% of Healthcare Realty Trust worth $4,017,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in shares of Healthcare Realty Trust by 1.4% during the first quarter. Vanguard Group Inc. now owns 54,246,277 shares of the real estate investment trust's stock worth $767,585,000 after purchasing an additional 723,197 shares during the period. Canada Pension Plan Investment Board boosted its holdings in Healthcare Realty Trust by 52.3% in the 1st quarter. Canada Pension Plan Investment Board now owns 10,942,261 shares of the real estate investment trust's stock valued at $154,833,000 after purchasing an additional 3,758,040 shares in the last quarter. Dimensional Fund Advisors LP increased its position 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 worth $96,513,000 after purchasing an additional 395,243 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in shares of Healthcare Realty Trust by 2.8% in the first quarter. Price T Rowe Associates Inc. MD now owns 5,782,253 shares of the real estate investment trust's stock valued at $81,820,000 after buying an additional 158,342 shares in the last quarter. Finally, Thrivent Financial for Lutherans raised its position in Healthcare Realty Trust by 6.7% in the second quarter. Thrivent Financial for Lutherans now owns 4,784,186 shares of the real estate investment trust's stock worth $78,843,000 after acquiring an additional 301,747 shares in the last quarter.
Healthcare Realty Trust Price Performance
HR stock traded down $0.06 on Monday, hitting $17.43. 2,144,214 shares of the company were exchanged, compared to its average volume of 3,495,481. The stock has a market capitalization of $6.18 billion, a price-to-earnings ratio of -11.03 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. The business's fifty day moving average is $17.80 and its two-hundred day moving average is $17.20.
Healthcare Realty Trust Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Tuesday, November 12th will be given a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 7.12%. The ex-dividend date is Tuesday, November 12th. Healthcare Realty Trust's dividend payout ratio (DPR) is presently -78.48%.
Insiders Place Their Bets
In other news, Director John Knox Singleton purchased 6,500 shares of the company's stock in a transaction that occurred on Thursday, September 5th. The shares were acquired at an average cost of $18.24 per share, with a total value of $118,560.00. Following the transaction, the director now owns 57,082 shares in the company, valued at approximately $1,041,175.68. The trade was a 12.85 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.56% of the stock is currently owned by insiders.
Wall Street Analysts Forecast Growth
Several equities analysts recently issued reports on HR shares. Wells Fargo & Company reaffirmed an "underweight" rating and set a $17.00 price objective (up from $16.00) on shares of Healthcare Realty Trust in a 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 report on Monday, August 5th. Finally, Scotiabank raised their price objective on shares of 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. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the stock. According to MarketBeat, Healthcare Realty Trust has a consensus rating of "Hold" and a consensus price target of $17.17.
Check Out Our Latest Report on Healthcare Realty Trust
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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