Healthcare Realty Trust Incorporated (NYSE:HR) Shares Sold by Foresight Group Ltd Liability Partnership

Foresight Group Ltd Liability Partnership decreased its stake in Healthcare Realty Trust Incorporated (NYSE:HR) by 26.6% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 1,228,244 shares of the real estate investment trust’s stock after selling 444,478 shares during the period. Healthcare Realty Trust makes up 9.3% of Foresight Group Ltd Liability Partnership’s investment portfolio, making the stock its 5th biggest position. Foresight Group Ltd Liability Partnership’s holdings in Healthcare Realty Trust were worth $22,293,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Centersquare Investment Management LLC acquired a new stake in Healthcare Realty Trust during the first quarter worth approximately $1,246,000. SG Americas Securities LLC grew its stake in Healthcare Realty Trust by 394.9% during the first quarter. SG Americas Securities LLC now owns 388,015 shares of the real estate investment trust’s stock worth $5,490,000 after purchasing an additional 309,609 shares during the period. Vanguard Group Inc. grew its stake in Healthcare Realty Trust by 1.4% during the first quarter. Vanguard Group Inc. now owns 54,246,277 shares of the real estate investment trust’s stock worth $767,585,000 after purchasing an additional 723,197 shares during the period. GSA Capital Partners LLP bought a new position in Healthcare Realty Trust in the first quarter worth approximately $719,000. Finally, Tidal Investments LLC bought a new position in Healthcare Realty Trust in the first quarter worth approximately $1,360,000.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on HR. Wells Fargo & Company reiterated 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. Wedbush increased their price target on Healthcare Realty Trust from $15.00 to $18.00 and gave the stock a “neutral” rating in a report on Monday, August 5th. Finally, Scotiabank increased their price target on Healthcare Realty Trust from $17.00 to $18.00 and gave the stock a “sector perform” rating in a report on Wednesday, August 7th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $17.14.

Insiders Place Their Bets

In other news, Director John Knox Singleton bought 6,500 shares of the firm’s stock in a transaction on Thursday, September 5th. The stock was acquired at an average cost 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. This represents a 0.00 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, Director John Knox Singleton purchased 6,500 shares of Healthcare Realty Trust stock in a transaction dated Thursday, September 5th. The stock was bought at an average cost of $18.24 per share, for a total transaction of $118,560.00. Following the completion of the transaction, the director now owns 57,082 shares in the company, valued at $1,041,175.68. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Thomas N. Bohjalian purchased 9,000 shares of Healthcare Realty Trust stock in a transaction dated Monday, August 12th. The stock was bought at an average price of $17.39 per share, with a total value of $156,510.00. Following the completion of the transaction, the director now owns 22,252 shares of the company’s stock, valued at $386,962.28. This represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. Insiders bought 15,728 shares of company stock valued at $279,069 over the last ninety days. 0.56% of the stock is currently owned by insiders.

Healthcare Realty Trust Stock Up 1.0 %

HR stock opened at $18.00 on Wednesday. Healthcare Realty Trust Incorporated has a twelve month low of $12.77 and a twelve month high of $18.90. The stock’s 50 day moving average is $17.84 and its 200-day moving average is $16.74. The firm has a market capitalization of $6.81 billion, a PE ratio of -13.53 and a beta of 0.91.

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

Healthcare Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 28th. Shareholders of record on Monday, August 12th were given a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 6.89%. The ex-dividend date was Monday, August 12th. Healthcare Realty Trust’s dividend payout ratio is currently -93.23%.

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.