Sanctuary Advisors LLC Makes New $194,000 Investment in Healthcare Realty Trust Incorporated (NYSE:HR)

Sanctuary Advisors LLC acquired a new stake in Healthcare Realty Trust Incorporated (NYSE:HR) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 11,187 shares of the real estate investment trust’s stock, valued at approximately $194,000.

Other large investors also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC lifted its position in shares of 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 worth $38,000 after buying an additional 628 shares during the last quarter. Signaturefd LLC grew its holdings in shares of Healthcare Realty Trust by 3.4% during the third quarter. Signaturefd LLC now owns 24,912 shares of the real estate investment trust’s stock valued at $452,000 after purchasing an additional 823 shares during the last quarter. Victory Capital Management Inc. raised its position in shares of Healthcare Realty Trust by 1.1% during the 2nd quarter. Victory Capital Management Inc. now owns 81,598 shares of the real estate investment trust’s stock worth $1,345,000 after purchasing an additional 848 shares during the period. Vanguard Personalized Indexing Management LLC lifted its holdings in shares of Healthcare Realty Trust by 1.4% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 66,654 shares of the real estate investment trust’s stock worth $1,098,000 after purchasing an additional 929 shares during the last quarter. Finally, Private Advisor Group LLC lifted its stake in Healthcare Realty Trust by 3.6% in the third quarter. Private Advisor Group LLC now owns 30,358 shares of the real estate investment trust’s stock valued at $551,000 after buying an additional 1,062 shares during the last quarter.

Healthcare Realty Trust Stock Performance

Shares of NYSE:HR opened at $16.86 on Monday. The firm has a 50 day simple moving average of $17.62 and a 200 day simple moving average of $17.55. Healthcare Realty Trust Incorporated has a 52 week low of $12.77 and a 52 week high of $18.90. The company has a market cap of $5.97 billion, a PE ratio of -10.67 and a beta of 0.93.

Healthcare Realty Trust Announces Dividend

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

Analyst Ratings Changes

Several research analysts have commented on HR shares. Wells Fargo & Company restated an “underweight” rating and issued a $17.00 target price (up previously from $16.00) on shares of Healthcare Realty Trust in a research report on Tuesday, October 1st. JPMorgan Chase & Co. downgraded shares of Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 price target for the company. in a report on Friday, December 20th. One analyst has rated the stock with a sell rating and five have assigned a hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $17.50.

Insider Activity at Healthcare Realty Trust

In other Healthcare Realty Trust news, COO Robert E. Hull sold 10,000 shares of the business’s stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of $17.48, for a total value of $174,800.00. Following the transaction, the chief operating officer now owns 171,400 shares in the company, valued at $2,996,072. The trade was a 5.51 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Thomas N. Bohjalian acquired 7,750 shares of the company’s stock in a transaction that occurred on Friday, November 22nd. The stock was purchased at an average price of $17.39 per share, for a total transaction of $134,772.50. Following the acquisition, the director now directly owns 50,002 shares of the company’s stock, valued at $869,534.78. The trade was a 18.34 % increase in their position. The disclosure for this purchase can be found here. Over the last ninety days, insiders have acquired 18,750 shares of company stock valued at $323,723. Company insiders own 0.56% of the company’s stock.

Healthcare Realty Trust Company 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.