Healthcare Realty Trust Incorporated (NYSE:HR) Shares Purchased by Hodges Capital Management Inc.

Hodges Capital Management Inc. boosted its position in Healthcare Realty Trust Incorporated (NYSE:HR) by 9.2% during the 3rd quarter, Holdings Channel reports. The fund owned 34,985 shares of the real estate investment trust’s stock after acquiring an additional 2,935 shares during the quarter. Hodges Capital Management Inc.’s holdings in Healthcare Realty Trust were worth $635,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in HR. Allspring Global Investments Holdings LLC raised its holdings in Healthcare Realty Trust by 38.1% in the second quarter. Allspring Global Investments Holdings LLC now owns 2,276 shares of the real estate investment trust’s stock valued at $38,000 after acquiring an additional 628 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in Healthcare Realty Trust by 260.6% in the second quarter. EverSource Wealth Advisors LLC now owns 2,809 shares of the real estate investment trust’s stock valued at $50,000 after acquiring an additional 2,030 shares in the last quarter. Point72 Hong Kong Ltd acquired a new stake in Healthcare Realty Trust in the third quarter valued at approximately $65,000. Harbor Capital Advisors Inc. acquired a new stake in Healthcare Realty Trust in the third quarter valued at approximately $89,000. Finally, GAMMA Investing LLC raised its holdings 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 in the last quarter.

Healthcare Realty Trust Trading Down 1.7 %

Shares of Healthcare Realty Trust stock opened at $17.99 on Monday. Healthcare Realty Trust Incorporated has a 52 week low of $12.77 and a 52 week high of $18.90. The firm’s 50 day moving average is $17.76 and its two-hundred day moving average is $17.44.

Healthcare Realty Trust Announces Dividend

The business 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. The ex-dividend date of this dividend was Tuesday, November 12th. This represents a $1.24 annualized dividend and a yield of 6.89%. Healthcare Realty Trust’s dividend payout ratio is currently -78.48%.

Wall Street Analyst Weigh In

Separately, Wells Fargo & Company reiterated an “underweight” rating and issued a $17.00 price target (up from $16.00) on shares of Healthcare Realty Trust in a research note 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 stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $17.17.

Insider Transactions at Healthcare Realty Trust

In other Healthcare Realty Trust news, Director Thomas N. Bohjalian bought 7,750 shares of the stock in a transaction dated Friday, November 22nd. The shares were acquired at an average cost of $17.39 per share, for a total transaction of $134,772.50. Following the completion of the transaction, the director now owns 50,002 shares in the company, valued at approximately $869,534.78. The trade was a 18.34 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 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.