Yousif Capital Management LLC decreased its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR – Free Report) by 2.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 104,228 shares of the real estate investment trust’s stock after selling 2,926 shares during the period. Yousif Capital Management LLC’s holdings in Healthcare Realty Trust were worth $1,653,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC bought a new position in Healthcare Realty Trust during the first quarter worth about $26,000. SVB Wealth LLC bought a new position in Healthcare Realty Trust during the first quarter worth about $35,000. Anchor Investment Management LLC bought a new position in shares of Healthcare Realty Trust in the first quarter valued at approximately $38,000. Financial Gravity Asset Management Inc. acquired a new position in shares of Healthcare Realty Trust in the 1st quarter worth approximately $48,000. Finally, Avalon Trust Co acquired a new position in shares of Healthcare Realty Trust in the 1st quarter worth approximately $53,000.
Healthcare Realty Trust Price Performance
HR stock opened at $18.60 on Monday. The company has a 50 day moving average price of $17.63 and a 200 day moving average price of $16.22. Healthcare Realty Trust Incorporated has a fifty-two week low of $14.09 and a fifty-two week high of $18.82. The stock has a market capitalization of $6.54 billion, a PE ratio of -16.17 and a beta of 0.96.
Healthcare Realty Trust Cuts Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, August 28th. Shareholders of record on Thursday, August 14th were issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 5.2%. The ex-dividend date of this dividend was Thursday, August 14th. Healthcare Realty Trust’s payout ratio is currently -83.48%.
Insiders Place Their Bets
In other Healthcare Realty Trust news, EVP Julie F. Wilson sold 15,000 shares of Healthcare Realty Trust stock in a transaction on Friday, September 5th. The shares were sold at an average price of $18.00, for a total transaction of $270,000.00. Following the completion of the sale, the executive vice president owned 113,419 shares of the company’s stock, valued at approximately $2,041,542. The trade was a 11.68% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Thomas N. Bohjalian bought 10,000 shares of the stock in a transaction on Wednesday, August 13th. The shares were acquired at an average cost of $16.46 per share, with a total value of $164,600.00. Following the acquisition, the director directly owned 75,520 shares in the company, valued at approximately $1,243,059.20. This trade represents a 15.26% increase in their position. The disclosure for this purchase can be found here. 0.37% of the stock is currently owned by insiders.
Analyst Ratings Changes
Several research analysts have recently commented on the company. Royal Bank Of Canada assumed coverage on Healthcare Realty Trust in a report on Wednesday, October 8th. They issued a “sector perform” rating and a $19.00 target price on the stock. JPMorgan Chase & Co. reduced their target price on Healthcare Realty Trust from $18.00 to $17.00 and set a “neutral” rating on the stock in a report on Thursday, June 26th. Weiss Ratings reissued a “sell (d+)” rating on shares of Healthcare Realty Trust in a report on Wednesday, October 8th. BTIG Research reissued a “buy” rating and issued a $20.00 target price on shares of Healthcare Realty Trust in a report on Monday, September 29th. Finally, Cantor Fitzgerald assumed coverage on Healthcare Realty Trust in a report on Wednesday, October 1st. They issued an “overweight” rating and a $23.00 target price on the stock. Three analysts have rated the stock with a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Healthcare Realty Trust has a consensus rating of “Hold” and an average target price of $18.50.
Get Our Latest Stock Report on Healthcare Realty Trust
Healthcare Realty Trust Company Profile
Healthcare Realty Trust, Inc provides real estate investment services. It owns, leases, manages, acquires, finances, develops, and redevelops income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States of America. The company was founded by David R.
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