Weiss Asset Management LP Buys New Shares in Healthcare Realty Trust Incorporated (NYSE:HR)

Weiss Asset Management LP acquired a new position in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 81,058 shares of the real estate investment trust's stock, valued at approximately $1,471,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Dimensional Fund Advisors LP grew its position in shares of 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 buying an additional 395,243 shares during the period. Thrivent Financial for Lutherans boosted its stake in Healthcare Realty Trust by 6.7% during 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 acquiring an additional 301,747 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in Healthcare Realty Trust by 5.1% during the second 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 purchasing an additional 216,662 shares during the period. Sei Investments Co. increased its stake in Healthcare Realty Trust by 4.6% in the second quarter. Sei Investments Co. now owns 2,367,735 shares of the real estate investment trust's stock valued at $39,020,000 after purchasing an additional 103,259 shares in the last quarter. Finally, Pzena Investment Management LLC acquired a new stake in Healthcare Realty Trust in the third quarter worth $40,392,000.

Analysts Set New Price Targets

Separately, Wells Fargo & Company reissued an "underweight" rating and issued a $17.00 price target (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 assigned a hold rating and one has given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $17.17.

Healthcare Realty Trust Stock Down 1.7 %

Shares of NYSE:HR traded down $0.32 during midday trading on Friday, reaching $17.99. 2,008,519 shares of the company were exchanged, compared to its average volume of 3,818,323. The firm has a market cap of $6.38 billion, a PE ratio of -11.39 and a beta of 0.93. Healthcare Realty Trust Incorporated has a fifty-two week low of $12.77 and a fifty-two week high of $18.90. The stock has a fifty day simple moving average of $17.76 and a two-hundred day simple moving average of $17.43.

Healthcare Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Tuesday, November 12th were given a dividend of $0.31 per share. The ex-dividend date was Tuesday, November 12th. This represents a $1.24 annualized dividend and a dividend yield of 6.89%. Healthcare Realty Trust's dividend payout ratio is currently -78.48%.

Insider Buying and Selling

In other Healthcare Realty Trust news, Director Thomas N. Bohjalian purchased 7,750 shares of the stock in a transaction on Friday, November 22nd. The shares were purchased at an average cost of $17.39 per share, for a total transaction of $134,772.50. Following the purchase, the director now owns 50,002 shares of the company's stock, valued at approximately $869,534.78. This represents a 18.34 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.56% of the stock is owned by corporate insiders.

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.