Metis Global Partners LLC Has $678,000 Holdings in Healthcare Realty Trust Incorporated (NYSE:HR)

Metis Global Partners LLC raised its position in Healthcare Realty Trust Incorporated (NYSE:HR) by 25.0% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 37,375 shares of the real estate investment trust’s stock after purchasing an additional 7,472 shares during the period. Metis Global Partners LLC’s holdings in Healthcare Realty Trust were worth $678,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Allspring Global Investments Holdings LLC raised its position in Healthcare Realty Trust by 38.1% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 2,276 shares of the real estate investment trust’s stock valued at $38,000 after buying an additional 628 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of 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 worth $50,000 after purchasing an additional 2,030 shares in the last quarter. Harbor Capital Advisors Inc. acquired a new position in Healthcare Realty Trust during the third quarter worth $89,000. GAMMA Investing LLC grew its position in Healthcare Realty Trust by 67.2% in the second quarter. GAMMA Investing LLC now owns 5,569 shares of the real estate investment trust’s stock valued at $92,000 after purchasing an additional 2,238 shares in the last quarter. Finally, Virtu Financial LLC acquired a new stake in Healthcare Realty Trust in the 1st quarter valued at $152,000.

Healthcare Realty Trust Stock Performance

Healthcare Realty Trust stock opened at $17.49 on Monday. The stock has a 50-day simple moving average of $17.81 and a 200 day simple moving average of $17.18. The stock has a market capitalization of $6.20 billion, a P/E ratio of -11.07 and a beta of 0.91. Healthcare Realty Trust Incorporated has a 52 week low of $12.77 and a 52 week high of $18.90.

Healthcare Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Tuesday, November 12th will be given a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 7.09%. The ex-dividend date of this dividend is Tuesday, November 12th. Healthcare Realty Trust’s payout ratio is presently -78.48%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on HR shares. Wedbush increased their price objective on shares of Healthcare Realty Trust from $15.00 to $18.00 and gave the stock a “neutral” rating in a research note on Monday, August 5th. Scotiabank raised their price target on Healthcare Realty Trust from $17.00 to $18.00 and gave the company a “sector perform” rating in a research note on Wednesday, August 7th. Finally, Wells Fargo & Company reiterated an “underweight” rating and set a $17.00 price objective (up previously from $16.00) on shares of Healthcare Realty Trust in a research note on Tuesday, October 1st. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $17.17.

Insider Buying and Selling

In other news, Director John Knox Singleton purchased 6,500 shares of the company’s stock in a transaction that occurred on Thursday, September 5th. The stock was acquired at an average cost of $18.24 per share, with a total value of $118,560.00. Following the acquisition, the director now owns 57,082 shares in the company, valued at approximately $1,041,175.68. This trade represents a 12.85 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.56% of the stock is currently owned by insiders.

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.