Captrust Financial Advisors Raises Stock Position in Healthcare Realty Trust Incorporated (NYSE:HR)

Captrust Financial Advisors increased its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 27.2% 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 31,562 shares of the real estate investment trust’s stock after purchasing an additional 6,747 shares during the period. Captrust Financial Advisors’ holdings in Healthcare Realty Trust were worth $573,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in HR. Pzena Investment Management LLC acquired a new position in shares of Healthcare Realty Trust in the third quarter worth about $40,392,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Healthcare Realty Trust by 358.2% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,142,110 shares of the real estate investment trust’s stock worth $38,879,000 after acquiring an additional 1,674,583 shares during the period. Renaissance Technologies LLC acquired a new position in shares of Healthcare Realty Trust in the second quarter worth about $10,304,000. Candriam S.C.A. acquired a new position in shares of Healthcare Realty Trust in the second quarter worth about $8,911,000. Finally, Millennium Management LLC raised its position in shares of Healthcare Realty Trust by 1,003.2% in the second quarter. Millennium Management LLC now owns 435,977 shares of the real estate investment trust’s stock worth $7,185,000 after acquiring an additional 396,456 shares during the period.

Insider Activity at Healthcare Realty Trust

In other news, Director Thomas N. Bohjalian purchased 7,750 shares of the company’s stock in a transaction dated Friday, November 22nd. The stock was acquired at an average price of $17.39 per share, with a total value of $134,772.50. Following the purchase, the director now directly owns 50,002 shares in the company, valued at approximately $869,534.78. This represents a 18.34 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. 0.56% of the stock is owned by corporate insiders.

Healthcare Realty Trust Trading Down 1.2 %

Shares of NYSE HR opened at $17.40 on Thursday. Healthcare Realty Trust Incorporated has a 12-month low of $12.77 and a 12-month high of $18.90. The stock has a market cap of $6.17 billion, a PE ratio of -11.01 and a beta of 0.93. The company has a 50-day moving average of $17.74 and a 200 day moving average of $17.47.

Healthcare Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Tuesday, November 12th were paid a dividend of $0.31 per share. The ex-dividend date was Tuesday, November 12th. This represents a $1.24 annualized dividend and a yield of 7.13%. Healthcare Realty Trust’s dividend payout ratio is presently -78.48%.

Analyst Upgrades and Downgrades

Separately, Wells Fargo & Company reiterated an “underweight” rating and issued a $17.00 price objective (up previously from $16.00) on shares of Healthcare Realty Trust in a research report on Tuesday, October 1st. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, the company 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.