Healthcare Realty Trust Incorporated (NYSE:HR) Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC trimmed its position in Healthcare Realty Trust Incorporated (NYSE:HR) by 12.5% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 69,626 shares of the real estate investment trust’s stock after selling 9,965 shares during the period. HighTower Advisors LLC’s holdings in Healthcare Realty Trust were worth $1,265,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of HR. Deerfield Management Company L.P. Series C bought a new stake in Healthcare Realty Trust during the second quarter worth approximately $471,000. Thrivent Financial for Lutherans increased its holdings in shares of Healthcare Realty Trust by 6.7% in the second quarter. Thrivent Financial for Lutherans now owns 4,784,186 shares of the real estate investment trust’s stock valued at $78,843,000 after buying an additional 301,747 shares in the last quarter. Cerity Partners LLC increased its holdings in shares of Healthcare Realty Trust by 106.4% in the third quarter. Cerity Partners LLC now owns 77,545 shares of the real estate investment trust’s stock valued at $1,407,000 after buying an additional 39,975 shares in the last quarter. B. Metzler seel. Sohn & Co. Holding AG bought a new position in shares of Healthcare Realty Trust in the third quarter valued at $7,052,000. Finally, Quantbot Technologies LP increased its holdings in shares of Healthcare Realty Trust by 18.1% in the third quarter. Quantbot Technologies LP now owns 279,181 shares of the real estate investment trust’s stock valued at $5,067,000 after buying an additional 42,853 shares in the last quarter.

Analyst Upgrades and Downgrades

Separately, Wells Fargo & Company reaffirmed an “underweight” rating and issued a $17.00 price target (up previously from $16.00) on shares of Healthcare Realty Trust in a report 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’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $17.17.

Healthcare Realty Trust Trading Up 0.7 %

NYSE HR opened at $17.34 on Tuesday. Healthcare Realty Trust Incorporated has a 1-year low of $12.77 and a 1-year high of $18.90. The company has a market capitalization of $6.15 billion, a PE ratio of -10.97 and a beta of 0.93. The firm’s fifty day simple moving average is $17.73 and its 200-day simple moving average is $17.52.

Healthcare Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Tuesday, November 12th were issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 7.15%. The ex-dividend date was Tuesday, November 12th. Healthcare Realty Trust’s dividend payout ratio is presently -78.48%.

Insider Buying and Selling

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

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.