Y Intercept Hong Kong Ltd acquired a new stake in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 46,752 shares of the real estate investment trust's stock, valued at approximately $849,000.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Allspring Global Investments Holdings LLC raised its position in shares of Healthcare Realty Trust by 38.1% during the 2nd 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 shares of Healthcare Realty Trust by 260.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,809 shares of the real estate investment trust's stock valued at $50,000 after buying an additional 2,030 shares in the last quarter. Point72 Hong Kong Ltd purchased a new position in shares of Healthcare Realty Trust in the 3rd quarter valued at $65,000. Harbor Capital Advisors Inc. acquired a new stake in Healthcare Realty Trust during the 3rd quarter worth $89,000. Finally, GAMMA Investing LLC lifted its position in Healthcare Realty Trust by 33.7% in the third quarter. GAMMA Investing LLC now owns 7,444 shares of the real estate investment trust's stock valued at $135,000 after acquiring an additional 1,875 shares during the last quarter.
Insider Transactions at Healthcare Realty Trust
In other Healthcare Realty Trust news, Director Thomas N. Bohjalian purchased 7,750 shares of Healthcare Realty Trust stock in a transaction dated Friday, November 22nd. The stock was acquired at an average cost of $17.39 per share, with a total value of $134,772.50. Following the acquisition, 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. Company insiders own 0.56% of the company's stock.
Healthcare Realty Trust Stock Performance
HR stock remained flat at $17.22 during trading on Friday. The company had a trading volume of 1,795,835 shares, compared to its average volume of 3,481,356. The company has a fifty day simple moving average of $17.73 and a 200-day simple moving average of $17.48. The stock has a market cap of $6.10 billion, a price-to-earnings ratio of -10.90 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 Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Tuesday, November 12th were given a $0.31 dividend. The ex-dividend date of this dividend was Tuesday, November 12th. This represents a $1.24 dividend on an annualized basis and a yield of 7.20%. Healthcare Realty Trust's dividend payout ratio (DPR) is -78.48%.
Wall Street Analysts Forecast Growth
Separately, Wells Fargo & Company reissued an "underweight" rating and issued a $17.00 target price (up from $16.00) on shares of Healthcare Realty Trust in a research 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 assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $17.17.
Check Out Our Latest Stock 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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