Wealth Enhancement Advisory Services LLC Increases Stock Position in Healthcare Realty Trust Incorporated (NYSE:HR)

Wealth Enhancement Advisory Services LLC grew its position in Healthcare Realty Trust Incorporated (NYSE:HR) by 5.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 44,034 shares of the real estate investment trust’s stock after purchasing an additional 2,446 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Healthcare Realty Trust were worth $799,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC increased its holdings in Healthcare Realty Trust by 38.1% during the second 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. EverSource Wealth Advisors LLC increased its holdings in Healthcare Realty Trust by 260.6% during the second quarter. EverSource Wealth Advisors LLC now owns 2,809 shares of the real estate investment trust’s stock worth $50,000 after buying an additional 2,030 shares during the last quarter. GAMMA Investing LLC increased its holdings in Healthcare Realty Trust by 67.2% during the second quarter. GAMMA Investing LLC now owns 5,569 shares of the real estate investment trust’s stock worth $92,000 after buying an additional 2,238 shares during the last quarter. Virtu Financial LLC purchased a new stake in Healthcare Realty Trust during the first quarter worth about $152,000. Finally, MQS Management LLC purchased a new stake in Healthcare Realty Trust during the first quarter worth about $172,000.

Healthcare Realty Trust Stock Performance

HR stock opened at $17.11 on Thursday. Healthcare Realty Trust Incorporated has a 12 month low of $12.77 and a 12 month high of $18.90. The firm has a 50 day moving average of $17.86 and a 200-day moving average of $17.00.

Healthcare Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Tuesday, November 12th will be given a dividend of $0.31 per share. The ex-dividend date is Tuesday, November 12th. This represents a $1.24 annualized dividend and a yield of 7.25%. Healthcare Realty Trust’s payout ratio is presently -78.48%.

Insider Buying and Selling at Healthcare Realty Trust

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

Wall Street Analyst Weigh In

HR has been the subject of a number of research analyst reports. Wells Fargo & Company restated an “underweight” rating and set a $17.00 price objective (up previously from $16.00) on shares of Healthcare Realty Trust in a report on Tuesday, October 1st. Wedbush lifted their target price on shares of Healthcare Realty Trust from $15.00 to $18.00 and gave the stock a “neutral” rating in a research note on Monday, August 5th. Finally, Scotiabank lifted their target price on shares of Healthcare Realty Trust from $17.00 to $18.00 and gave the stock a “sector perform” rating in a research note on Wednesday, August 7th. One investment 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. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price 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.