Strs Ohio reduced its stake in Healthcare Realty Trust Inc (NYSE:HR) by 4.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 203,353 shares of the real estate investment trust’s stock after selling 8,542 shares during the period. Strs Ohio’s holdings in Healthcare Realty Trust were worth $5,950,000 as of its most recent SEC filing.
Other institutional investors also recently made changes to their positions in the company. Qube Research & Technologies Ltd purchased a new position in Healthcare Realty Trust in the second quarter valued at approximately $112,000. Advisors Asset Management Inc. increased its stake in Healthcare Realty Trust by 725.6% in the second quarter. Advisors Asset Management Inc. now owns 36,259 shares of the real estate investment trust’s stock valued at $135,000 after purchasing an additional 31,867 shares during the last quarter. Westbourne Investment Advisors Inc. purchased a new position in Healthcare Realty Trust in the third quarter valued at approximately $143,000. Hartford Investment Management Co. acquired a new stake in shares of Healthcare Realty Trust in the second quarter valued at approximately $229,000. Finally, Bank of Montreal Can acquired a new stake in shares of Healthcare Realty Trust in the second quarter valued at approximately $242,000. Institutional investors own 93.40% of the company’s stock.
HR stock opened at $28.38 on Friday. The company has a market capitalization of $3.55 billion, a PE ratio of 18.55, a PEG ratio of 4.48 and a beta of 0.15. Healthcare Realty Trust Inc has a twelve month low of $26.09 and a twelve month high of $33.98. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.11 and a quick ratio of 0.11.
In related news, EVP John M. Bryant, Jr. sold 2,561 shares of the stock in a transaction on Thursday, August 9th. The stock was sold at an average price of $30.56, for a total transaction of $78,264.16. Following the completion of the sale, the executive vice president now directly owns 146,795 shares of the company’s stock, valued at $4,486,055.20. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 1.85% of the stock is owned by company insiders.
Several research firms have recently weighed in on HR. Zacks Investment Research downgraded Healthcare Realty Trust from a “hold” rating to a “sell” rating in a report on Friday, October 5th. Raymond James began coverage on Healthcare Realty Trust in a report on Thursday, October 18th. They issued an “underperform” rating for the company. Mizuho reissued a “hold” rating and issued a $28.00 price objective on shares of Healthcare Realty Trust in a report on Monday, August 13th. Morgan Stanley downgraded Healthcare Realty Trust from an “overweight” rating to an “equal weight” rating and decreased their price objective for the company from $29.00 to $28.00 in a report on Thursday, August 16th. Finally, ValuEngine raised Healthcare Realty Trust from a “sell” rating to a “hold” rating in a report on Thursday, July 5th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has assigned a buy rating to the company’s stock. Healthcare Realty Trust has a consensus rating of “Hold” and an average target price of $29.25.
Healthcare Realty Trust Company Profile
Healthcare Realty Trust is a real estate investment trust that integrates owning, managing, financing and developing income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States. As of June 30, 2018, the Company owned 201 real estate properties in 27 states totaling 14.9 million square feet and was valued at approximately $5.0 billion.
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