State Street Corp Lowers Holdings in Healthcare Realty Trust Incorporated (NYSE:HR)

State Street Corp lessened its holdings in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 2.7% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 18,669,396 shares of the real estate investment trust's stock after selling 515,771 shares during the quarter. State Street Corp owned approximately 5.27% of Healthcare Realty Trust worth $338,850,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Stifel Financial Corp increased its holdings in Healthcare Realty Trust by 13.4% during the 3rd quarter. Stifel Financial Corp now owns 84,728 shares of the real estate investment trust's stock worth $1,538,000 after purchasing an additional 10,044 shares during the period. Safe Harbor Fiduciary LLC bought a new stake in shares of Healthcare Realty Trust in the third quarter valued at about $425,000. Quantinno Capital Management LP purchased a new stake in Healthcare Realty Trust in the third quarter worth about $206,000. Point72 DIFC Ltd increased its position in Healthcare Realty Trust by 113.7% during the 3rd quarter. Point72 DIFC Ltd now owns 107,420 shares of the real estate investment trust's stock valued at $1,950,000 after purchasing an additional 57,161 shares during the period. Finally, Point72 Asset Management L.P. bought a new stake in shares of Healthcare Realty Trust in the 3rd quarter valued at about $1,084,000.

Insiders Place Their Bets

In other news, Director Thomas N. Bohjalian bought 7,750 shares of the firm's stock in a transaction that occurred on Friday, November 22nd. The stock was purchased at an average price of $17.39 per share, with a total value of $134,772.50. Following the completion of the acquisition, the director now directly owns 50,002 shares of the company's stock, 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 is accessible through the SEC website. Corporate insiders own 0.56% of the company's stock.

Healthcare Realty Trust Price Performance

NYSE HR traded down $0.49 on Tuesday, hitting $17.62. The stock had a trading volume of 2,588,327 shares, compared to its average volume of 3,496,795. Healthcare Realty Trust Incorporated has a 52-week low of $12.77 and a 52-week high of $18.90. The business's fifty day moving average price is $17.76 and its 200 day moving average price is $17.46. The stock has a market cap of $6.24 billion, a price-to-earnings ratio of -11.47 and a beta of 0.93.

Healthcare Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Tuesday, November 12th were paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 7.04%. The ex-dividend date of this dividend was Tuesday, November 12th. Healthcare Realty Trust's dividend payout ratio (DPR) is presently -78.48%.

Analyst Upgrades and Downgrades

Separately, Wells Fargo & Company restated 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 equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat, Healthcare Realty Trust presently has an average rating of "Hold" and a consensus price target of $17.17.

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.