GSA Capital Partners LLP Invests $1.11 Million in Healthcare Realty Trust Incorporated (NYSE:HR)

GSA Capital Partners LLP bought a new stake in shares of Healthcare Realty Trust Incorporated (NYSE:HR) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 60,982 shares of the real estate investment trust’s stock, valued at approximately $1,107,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Catalytic Wealth RIA LLC raised its holdings in shares of Healthcare Realty Trust by 10.1% during the third quarter. Catalytic Wealth RIA LLC now owns 15,090 shares of the real estate investment trust’s stock valued at $274,000 after purchasing an additional 1,381 shares during the period. Atria Investments Inc raised its stake in Healthcare Realty Trust by 29.5% during the 3rd quarter. Atria Investments Inc now owns 88,054 shares of the real estate investment trust’s stock worth $1,598,000 after buying an additional 20,064 shares during the period. Van ECK Associates Corp boosted its holdings in Healthcare Realty Trust by 8.9% in the third quarter. Van ECK Associates Corp now owns 166,676 shares of the real estate investment trust’s stock worth $3,040,000 after acquiring an additional 13,592 shares in the last quarter. Harbor Capital Advisors Inc. acquired a new stake in Healthcare Realty Trust in the third quarter valued at approximately $89,000. Finally, US Bancorp DE grew its holdings in shares of Healthcare Realty Trust by 15.1% during the third quarter. US Bancorp DE now owns 18,899 shares of the real estate investment trust’s stock valued at $343,000 after buying an additional 2,475 shares during the last quarter.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Wedbush raised their price target on shares of Healthcare Realty Trust from $15.00 to $18.00 and gave the company a “neutral” rating in a research report on Monday, August 5th. Scotiabank lifted their target price on Healthcare Realty Trust from $17.00 to $18.00 and gave the company a “sector perform” rating in a research report on Wednesday, August 7th. Finally, Wells Fargo & Company reiterated an “underweight” rating and set a $17.00 price target (up previously from $16.00) on shares of Healthcare Realty Trust in a report on Tuesday, October 1st. 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 company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $17.17.

Healthcare Realty Trust Price Performance

Shares of HR opened at $17.39 on Friday. The firm has a market cap of $6.16 billion, a PE ratio of -11.01 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. The stock’s fifty day moving average price is $17.82 and its two-hundred day moving average price is $17.12.

Healthcare Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Tuesday, November 12th will be paid a $0.31 dividend. The ex-dividend date is Tuesday, November 12th. This represents a $1.24 annualized dividend and a dividend yield of 7.13%. Healthcare Realty Trust’s payout ratio is -78.48%.

Insider Activity

In related news, Director John Knox Singleton bought 6,500 shares of Healthcare Realty Trust stock in a transaction on Thursday, September 5th. The stock was acquired at an average price of $18.24 per share, with a total value of $118,560.00. Following the acquisition, the director now directly owns 57,082 shares of the company’s stock, valued at $1,041,175.68. This represents a 12.85 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.56% of the company’s stock.

Healthcare Realty Trust Company Profile

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.