26,060 Shares in Healthcare Realty Trust Incorporated (NYSE:HR) Acquired by Perpetual Ltd

Perpetual Ltd acquired a new stake in Healthcare Realty Trust Incorporated (NYSE:HR) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 26,060 shares of the real estate investment trust’s stock, valued at approximately $442,000.

A number of other institutional investors have also recently made changes to their positions in the stock. EverSource Wealth Advisors LLC raised its holdings in Healthcare Realty Trust by 260.6% during 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 during the last quarter. Point72 Hong Kong Ltd purchased a new position in shares of Healthcare Realty Trust in the third quarter valued at about $65,000. Wilmington Savings Fund Society FSB bought a new position in shares of Healthcare Realty Trust during the third quarter valued at about $78,000. Harbor Capital Advisors Inc. bought a new position in shares of Healthcare Realty Trust during the third quarter valued at about $89,000. Finally, GAMMA Investing LLC boosted its holdings in shares of Healthcare Realty Trust by 33.7% during the third quarter. GAMMA Investing LLC now owns 7,444 shares of the real estate investment trust’s stock worth $135,000 after purchasing an additional 1,875 shares during the period.

Insider Buying and Selling at Healthcare Realty Trust

In other news, Director Peter F. Sr Lyle, Sr. purchased 10,000 shares of the business’s stock in a transaction dated Friday, December 13th. The shares were purchased at an average price of $17.21 per share, for a total transaction of $172,100.00. Following the completion of the acquisition, the director now directly owns 26,576 shares in the company, valued at $457,372.96. This represents a 60.33 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Thomas N. Bohjalian acquired 7,750 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The stock was purchased at an average price of $17.39 per share, with a total value of $134,772.50. Following the completion of the acquisition, the director now owns 50,002 shares in the company, valued at $869,534.78. The trade was a 18.34 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last ninety days, insiders bought 18,750 shares of company stock worth $323,723. 0.56% of the stock is owned by corporate insiders.

Healthcare Realty Trust Trading Down 2.6 %

Shares of NYSE:HR opened at $16.48 on Thursday. The stock has a fifty day simple moving average of $17.20 and a two-hundred day simple moving average of $17.55. Healthcare Realty Trust Incorporated has a 12-month low of $12.77 and a 12-month high of $18.90. The stock has a market capitalization of $5.84 billion, a price-to-earnings ratio of -10.43 and a beta of 0.94.

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 dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 7.53%. The ex-dividend date of this dividend was Tuesday, November 12th. Healthcare Realty Trust’s dividend payout ratio (DPR) is -78.48%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on HR shares. Wedbush downgraded Healthcare Realty Trust from a “neutral” rating to an “underperform” rating and reduced their price target for the company from $18.00 to $16.00 in a report on Thursday, January 2nd. JPMorgan Chase & Co. downgraded Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 target price for the company. in a report on Friday, December 20th. Jefferies Financial Group cut shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating and cut their price target for the company from $19.00 to $17.00 in a report on Thursday, January 2nd. Finally, Wells Fargo & Company restated an “underweight” rating and issued a $17.00 price objective (up from $16.00) on shares of Healthcare Realty Trust in a report on Tuesday, October 1st. Two equities research analysts have rated the stock with a sell rating and five have assigned a hold rating to the company’s stock. Based on data from MarketBeat, Healthcare Realty Trust presently has a consensus rating of “Hold” and a consensus target price of $17.14.

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.