Healthcare Realty Trust Incorporated (NYSE:HR) Director Purchases $16,850.00 in Stock

Healthcare Realty Trust Incorporated (NYSE:HR) Director Jay P. Leupp bought 1,000 shares of Healthcare Realty Trust stock in a transaction dated Friday, December 20th. The shares were bought at an average cost of $16.85 per share, with a total value of $16,850.00. Following the completion of the acquisition, the director now owns 33,830 shares of the company’s stock, valued at $570,035.50. The trade was a 3.05 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Healthcare Realty Trust Stock Performance

HR stock opened at $16.88 on Monday. The firm has a 50 day simple moving average of $17.72 and a 200 day simple moving average of $17.53. Healthcare Realty Trust Incorporated has a 52 week low of $12.77 and a 52 week high of $18.90. The stock has a market cap of $5.98 billion, a P/E ratio of -10.68 and a beta of 0.93.

Healthcare Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Tuesday, November 12th were paid a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 7.35%. The ex-dividend date of this dividend was Tuesday, November 12th. Healthcare Realty Trust’s dividend payout ratio (DPR) is currently -78.48%.

Analysts Set New Price Targets

Several research firms have issued reports on HR. JPMorgan Chase & Co. lowered shares of Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 price objective for the company. in a research note on Friday. Wells Fargo & Company restated an “underweight” rating and issued a $17.00 price target (up previously from $16.00) on shares of Healthcare Realty Trust in a research report on Tuesday, October 1st. One equities research analyst has rated the stock with a sell rating and five have given a hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $17.50.

Hedge Funds Weigh In On Healthcare Realty Trust

Hedge funds have recently modified their holdings of the stock. Franklin Resources Inc. grew its stake 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 valued at $3,160,000 after buying an additional 6,238 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in Healthcare Realty Trust in the third quarter worth approximately $78,000. Sanctuary Advisors LLC acquired a new position in shares of Healthcare Realty Trust during the 3rd quarter worth $194,000. Barclays PLC raised its holdings in shares of 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 purchasing an additional 388,305 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd acquired a new stake in shares of Healthcare Realty Trust in the 3rd quarter valued at $849,000.

About Healthcare Realty Trust

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.