Clean Yield Group Sells 16,557 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

Clean Yield Group reduced its stake in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 41.2% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 23,610 shares of the real estate investment trust’s stock after selling 16,557 shares during the period. Clean Yield Group’s holdings in Healthcare Realty Trust were worth $400,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Capital Investment Advisors LLC raised its holdings in shares of Healthcare Realty Trust by 31.0% during the 4th quarter. Capital Investment Advisors LLC now owns 469,323 shares of the real estate investment trust’s stock valued at $7,955,000 after buying an additional 111,125 shares in the last quarter. Franklin Resources Inc. lifted its position in shares of Healthcare Realty Trust by 3.6% in the 3rd quarter. Franklin Resources Inc. now owns 180,958 shares of the real estate investment trust’s stock worth $3,160,000 after purchasing an additional 6,238 shares during the period. Wilmington Savings Fund Society FSB bought a new position in Healthcare Realty Trust in the third quarter worth about $78,000. Sanctuary Advisors LLC purchased a new stake in Healthcare Realty Trust in the third quarter worth about $194,000. Finally, Barclays PLC boosted its position in Healthcare Realty Trust by 116.2% during the 3rd quarter. Barclays PLC now owns 722,582 shares of the real estate investment trust’s stock valued at $13,117,000 after acquiring an additional 388,305 shares in the last quarter.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Wells Fargo & Company reaffirmed 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. Wedbush cut shares of Healthcare Realty Trust from a “neutral” rating to an “underperform” rating and cut their price objective for the stock from $18.00 to $16.00 in a report on Thursday, January 2nd. Jefferies Financial Group downgraded Healthcare Realty Trust from a “buy” rating to a “hold” rating and cut their price target for the stock from $19.00 to $17.00 in a research note on Thursday, January 2nd. Finally, JPMorgan Chase & Co. downgraded Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 target price on the stock. in a research note on Friday, December 20th. Two research analysts have rated the stock with a sell rating and five have assigned a hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $17.14.

Insider Activity at Healthcare Realty Trust

In related news, COO Robert E. Hull sold 10,000 shares of the stock in a transaction on Tuesday, December 17th. The stock was sold at an average price of $17.48, for a total transaction of $174,800.00. Following the sale, the chief operating officer now owns 171,400 shares in the company, valued at approximately $2,996,072. This represents a 5.51 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Thomas N. Bohjalian acquired 7,750 shares of the company’s stock in a transaction on Friday, November 22nd. The shares were purchased at an average cost of $17.39 per share, with a total value of $134,772.50. Following the completion of the purchase, 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 ownership of the stock. The disclosure for this purchase can be found here. Over the last three months, insiders bought 18,750 shares of company stock valued at $323,723. Insiders own 0.56% of the company’s stock.

Healthcare Realty Trust Stock Down 0.1 %

NYSE HR traded down $0.02 during trading hours on Monday, reaching $15.97. The company’s stock had a trading volume of 927,485 shares, compared to its average volume of 3,082,399. Healthcare Realty Trust Incorporated has a 1 year low of $12.77 and a 1 year high of $18.90. The firm’s 50-day moving average price is $17.38 and its 200-day moving average price is $17.57. The company has a market capitalization of $5.66 billion, a price-to-earnings ratio of -10.11 and a beta of 0.94.

Healthcare Realty Trust Announces Dividend

The company also recently announced 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 was Tuesday, November 12th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 7.76%. Healthcare Realty Trust’s dividend payout ratio is currently -78.48%.

Healthcare Realty Trust 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.