Healthcare Realty Trust Incorporated (NYSE:HR) COO Robert E. Hull Sells 10,000 Shares

Healthcare Realty Trust Incorporated (NYSE:HR) COO Robert E. Hull sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, December 17th. The shares were sold at an average price of $17.48, for a total value of $174,800.00. Following the completion of the sale, the chief operating officer now directly owns 171,400 shares in the company, valued at approximately $2,996,072. The trade was a 5.51 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Healthcare Realty Trust Stock Up 1.0 %

Shares of NYSE HR traded up $0.17 during midday trading on Tuesday, reaching $17.50. The company had a trading volume of 2,318,092 shares, compared to its average volume of 3,472,286. Healthcare Realty Trust Incorporated has a one year low of $12.77 and a one year high of $18.90. The firm’s fifty day moving average price is $17.74 and its 200-day moving average price is $17.53. The stock has a market cap of $6.20 billion, a PE ratio of -11.08 and a beta of 0.93.

Healthcare Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders 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 7.09%. The ex-dividend date of this dividend was Tuesday, November 12th. Healthcare Realty Trust’s dividend payout ratio (DPR) is presently -78.48%.

Hedge Funds Weigh In On Healthcare Realty Trust

Several hedge funds and other institutional investors have recently modified their holdings of the company. Dimensional Fund Advisors LP raised its stake in Healthcare Realty Trust by 7.2% in the second quarter. Dimensional Fund Advisors LP now owns 5,856,286 shares of the real estate investment trust’s stock worth $96,513,000 after buying an additional 395,243 shares in the last quarter. Thrivent Financial for Lutherans raised its holdings in 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 worth $78,843,000 after purchasing an additional 301,747 shares in the last quarter. Bank of New York Mellon Corp lifted its position in Healthcare Realty Trust by 5.1% during the second quarter. Bank of New York Mellon Corp now owns 4,492,116 shares of the real estate investment trust’s stock valued at $74,030,000 after buying an additional 216,662 shares during the period. Sei Investments Co. boosted its holdings in shares of Healthcare Realty Trust by 4.6% during the 2nd quarter. Sei Investments Co. now owns 2,367,735 shares of the real estate investment trust’s stock valued at $39,020,000 after buying an additional 103,259 shares in the last quarter. Finally, Pzena Investment Management LLC bought a new stake in Healthcare Realty Trust during the third quarter worth about $40,392,000.

Wall Street Analyst Weigh In

Separately, Wells Fargo & Company reissued 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. One research analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $17.17.

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.