Healthcare Realty Trust Incorporated (NYSE:HR) Shares Bought by Creative Planning

Creative Planning grew its position in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 23.4% during the 3rd quarter, Holdings Channel.com reports. The firm owned 126,633 shares of the real estate investment trust’s stock after purchasing an additional 23,981 shares during the quarter. Creative Planning’s holdings in Healthcare Realty Trust were worth $2,298,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of HR. Allspring Global Investments Holdings LLC boosted its stake in shares of Healthcare Realty Trust by 38.1% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 2,276 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 628 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of 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 worth $50,000 after acquiring an additional 2,030 shares during the period. GAMMA Investing LLC lifted its holdings in shares of Healthcare Realty Trust by 67.2% during the 2nd quarter. GAMMA Investing LLC now owns 5,569 shares of the real estate investment trust’s stock worth $92,000 after acquiring an additional 2,238 shares during the period. Graypoint LLC purchased a new position in shares of Healthcare Realty Trust during the 1st quarter worth about $147,000. Finally, Virtu Financial LLC purchased a new position in shares of Healthcare Realty Trust during the 1st quarter worth about $152,000.

Healthcare Realty Trust Stock Performance

NYSE HR opened at $17.70 on Monday. Healthcare Realty Trust Incorporated has a one year low of $12.77 and a one year high of $18.90. The company’s 50 day moving average price is $17.87 and its 200 day moving average price is $16.82. The firm has a market capitalization of $6.43 billion, a price-to-earnings ratio of -11.80 and a beta of 0.91.

Healthcare Realty Trust (NYSE:HR) last posted its quarterly earnings results on Friday, August 2nd. The real estate investment trust reported ($0.39) EPS for the quarter, missing the consensus estimate of $0.38 by ($0.77). Healthcare Realty Trust had a negative net margin of 42.79% and a negative return on equity of 8.50%. The business had revenue of $316.30 million during the quarter, compared to analysts’ expectations of $317.90 million. During the same quarter in the previous year, the business posted $0.39 EPS. The company’s quarterly revenue was down 6.4% on a year-over-year basis. Sell-side analysts forecast that Healthcare Realty Trust Incorporated will post 1.55 EPS for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 28th. Investors of record on Monday, August 12th were issued a $0.31 dividend. The ex-dividend date of this dividend was Monday, August 12th. This represents a $1.24 annualized dividend and a yield of 7.01%. Healthcare Realty Trust’s payout ratio is -82.67%.

Insider Activity at Healthcare Realty Trust

In other news, Director John Knox Singleton acquired 6,500 shares of the stock in a transaction on Thursday, September 5th. The stock was bought at an average price of $18.24 per share, with a total value of $118,560.00. Following the completion of the transaction, the director now directly owns 57,082 shares of the company’s stock, valued at $1,041,175.68. The trade was a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other news, Director John Knox Singleton acquired 6,500 shares of the stock in a transaction on Thursday, September 5th. The stock was bought at an average price of $18.24 per share, with a total value of $118,560.00. Following the completion of the transaction, the director now directly owns 57,082 shares of the company’s stock, valued at $1,041,175.68. The trade was a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Thomas N. Bohjalian acquired 9,000 shares of the stock in a transaction on Monday, August 12th. The stock was purchased at an average cost of $17.39 per share, with a total value of $156,510.00. Following the transaction, the director now directly owns 22,252 shares of the company’s stock, valued at $386,962.28. This represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last quarter, insiders have acquired 15,728 shares of company stock worth $279,069. Company insiders own 0.56% of the company’s stock.

Analyst Ratings Changes

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

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.